Puntland finance minister

Archit Gupta, founder and chief executive officer (CEO) of the financial technology platform ClearTax, said, “The compensation cess was designed to cover any losses that the states may incur due to the implementation of GST. Cess payments to states have been overdue for some time and are being gradually released to states. The state governments are struggling with a dip in revenue collections. … [Read more...] about Union govt paid Rs 1.65 lakh crore GST compensation to states in FY20: Finance minister Nirmala Sitharaman

public sector companies whose divestment has already been cleared by the Cabinet, Finance Minister Nirmala Sitharaman said on Monday. The minister also said she would soon meet small finance firms and non-banking finance companies (NBFCs) to review the credit being extended by them to businesses. Sitharaman, in a conversation with Hero Enterprise Chairman Sunil Kant Munjal, said the government as part of the Aatmanirbhar Bharat package had announced opening up of all sectors for private participation. "The final call as to which are the sectors which are going to be called 'strategic' is not made yet, that has to be announced and I can't preempt what announcement is likely to come. "But in those sectors which we are going to call strategic, the private will obviously be allowed to come in but the public sectors will be limited to a maximum of four units," she said. She said this would lead to consolidation of public sector undertakings (PSUs) as well as scaling up of their operations. … [Read more...] about Govt to go ahead with divestment of 23 PSUs cleared by Cabinet: Finance Minister Nirmala Sitharaman

The finance minister said the C$41,366 in expenses were incurred when his family traveled to Kenya and Ecuador in 2017 with the non-profit group. Morneau also said his family made two C$50,000 donations to WE, one in April 2018 to support work for students in Canada and a second last month for Covid-19 relief efforts in Kenya. … [Read more...] about WE Charity scandal: Trudeau’s finance minister admits to travel gift

“It's possible for us to see China-style rebound in the third quarter as the pandemic slows and activity in overseas production, schools and hospitals resume,” South Korean finance minister finance minister Hong Nam-ki said after the data was released, referring to China's return to growth in the second-quarter after a deep slump earlier in the year. … [Read more...] about South Korea enters recession as exports plunge by most since 1963

The acclaimed mathematician, known for providing free coaching to 30 select students from the underprivileged sections of the society every year to help them clear JEE exam for admission in IITs, said it was a great honour for him to be able to contribute to the book. … [Read more...] about Stay positive to overcome Covid-19 crisis, Super 30 founder tells students