More concessions for housing construction, tax system to be reformed: Finance Minister Nirmala Sitaraman

on


Finance Minister Nirmala Sitharaman sees the media in New Delhi. The Finance Minister is watching the media amid opposition allegations that the country is in recession and worsening of industrial uncertainty.

The words of the finance minister….

# Inflation is under control, says Union Finance Minister

# Inflation remained below the four per cent of the

# Investment rate in the financial sector, Finance Minister saktippetunnuntennum

# The next goal is tax reform

# Tax reform will be in place soon

# After the reform in the banking sector, the tax reform is on its way

# Discussion with Public Sector Bank Heads
Further loans are available from banks
The focus will be on the export sector
Minor tax offenses will be excluded from prosecution


# GST and IT Refund System from this month

# Tax returns will be made entirely through the E Return System

# Special export program to curb exports

# From January 1, 2020, a new project for the export of textiles will be implemented

# The current tax structure on textile exports as of December 31, 2019

# Minor tax violations will be excluded from prosecution

# Interest consolidation planned, Finance Minister

# 2020 Mega Shopping Festival will be organized in the model of the Dubai Shopping Festival

# The Mega Shopping Festival will be held at four major centers in the country

# Increasing technical standards to make the export scene more efficient

# Cargo movement through airports and ports will accelerate by December this year

# RBI will allocate Rs 68,000 crore to strengthen the export sector

# Free trade policy is the goal of government

A top official from the Ministry of Commerce will look into the matter

# More concessions announced in residential area

# Single Window System for the smooth execution of residential construction projects

# Rs 10000 crore will be allocated for this purpose. It will help the small-scale housing schemes that are lame

# Those who do not have money to complete the home can raise money through this system

# More tax incentives and financial assistance to beneficiaries of Prime Minister Awas Yojana scheme

# Government officials will be encouraged to buy houses. Advance amount will be provided for the facilities