Govt will take more steps to continue momentum of economic reforms in country: FM

A- A A+

Last Updated : Jan 26 2021 8:28PM Screen Reader Access

News Highlights

Nation celebrates 72nd Republic Day with zeal and pride; President Ram Nath Kovind takes salute of the parade at Rajpath Military might, cultural diversity, social and economic progress on display at R-Day parade Newly Inducted Rafale fighter jets roar during fly past, as nation watches the show in awe Padma Awards for 119 achievers including S P Balasubramaniam, Ram Vilas Paswan and former Japanese Premier Shinzo Abe Maha Vir Chakra awarded to Galwan valley hero Col Santosh Babu posthumously

National News

Nov 24, 2020

12:20PM

Govt will take more steps to continue momentum of economic reforms in country: FM

@FinMinIndia

Finance Minister Nirmala Sitharaman has said that the government will take more steps to continue the momentum of economic reforms in the country.

Addressing a conference organised by CII, she said, the momentum of reforms will continue to make India a hotspot of global investment.

Ms Sitharaman said that Prime Minister Narendra Modi has not lost any opportunity to take deep reforms at this time of pandemic.

She said, Mr Modi also undertook those kinds of reforms which have not seen the light of the day over the decades.

She said, the financial sector is being professionalised and the government will continue with disinvestment and privatisation agenda.

On reforms in taxation system, the Finance Minister said that the use of technology, such as faceless assessment, has eased the tax filing process.

On corporate tax, Ms Sithraman said that the reduction in Corporate tax clearly shows that our intent is to show immediate benfits for the MNCs and any large companies or small companies.