INSUBCONTINENT EXCLUSIVE:
Finance Minister Nirmala Sitharaman addressed a press briefing on the state of economy and told reporters that India's economic growth is
much higher than global growth
"Global GDP growth is projected at 3.2 per cent and is probably going to be revised downwards," Ms Sitharaman said
Ms Sitharaman announced a slew of steps to spur the economic growth
Meanwhile, in order to spur the slowing economy Ms Sitharaman rolled back higher surcharge imposed on foreign portfolio investors which was
announced in the Budget last month.Tax scrutiny will be randomised from Vijay Dashami day, one odd over-enthusiastic officer won't be able
to harass anybody: Nirmala Sitharaman Banks have decided to launch repo-rate linked interest rates - means reduced EMI housing loans,
working capital to be cheaper: Nirmala SitharamanTo encourage investment in capital market, surcharge on long-, short-term capital gains
withdrawn: Nirmala SitharamanEnhanced surcharge on foreign portfolio investors withdrawn, says Finance Minister Nirmala Sitharaman.We will
set up a cell, led by member of CBDT, for addressing problems of startups
Startups with an I-T issue can approach this panel: Nirmala Sitharaman India's growth much higher than global growth, says Finance
US, Germany are witnessing inverted yield curves which indicates lower growth, says Finance Minister
Global GDP growth is projected at 3.2% and is probably going to be revised downwards Reforms are continuous process for this government,
says Finance Minister Nirmala Sitharaman.
