Reduction and rationalisation of Goods and Services Tax slabs - reducing them to two, and exempting certain items, including premiums for health and life insurance - were 18 months in the making, Finance Minister Nirmala Sitharaman said at an NDTV summit Tuesday.
Speaking in Delhi with ANI, Smotrich highlighted the long-standing relationships between India, Israel, and the US, noting that differences are natural but can be resolved through dialogue.
Israel's Minister of Finance, Bezalel Smotric on Monday said that the dastardly Pahalgam terror attack reminded him of the horrific October 7 attacks which shook Israel and the world. He gave a call for the world to come together in the war on terror.
Israel's Finance Minister Bezalel Smotrich said the new bilateral investment pact with India will boost secure investments in both economies. He highlighted shared values, discussed progress on a Free Trade Agreement with Commerce Minister Piyush Goyal, and noted trade could grow up to four
Israel's Finance Minister, Bezalel Smotrich, on Monday, hailed India's economic prowess and called the Indian economy "fascinating". Praising the reforms brought under Prime Minister Narendra Modi, he said that the results speak for themselves when it comes to India's economic picture.
Israeli Finance Minister Bezalel Smotrich said both Israel and India are negotiating with the US on tariffs. Speaking in Delhi, he expressed confidence that differences will be resolved, citing strong ties, common values, and economic interests shared by the three nations.
India and Israel signed a Bilateral Investment Agreement to boost reciprocal investments and economic cooperation. Israel is the first OECD member state to sign under India's new treaty model. The pact ensures investor protection and replaces the earlier 1996 agreement, terminated in 2017.
Sharing details, an official spokesperson informed that Finance Minister Advocate Harpal Singh Cheema today participated in packaging daily essentials for the needy flood-hit families at his Dirba office. He reiterated that no flood-affected family should be deprived of relief supplies.
As of Saturday, 46 people have lost their lives due to floods in Punjab, according to the officials. Punjab Finance Minister Harpal Singh Cheema said that nearly 2,000 villages and over four lakh people have been affected.He said that 24 teams of the National Disaster Response Force (NDRF) a
Haryana Chief Minister Nayab Singh Saini on Saturday hailed the "historic" decisions taken at the 56th GST Council meeting, chaired by Union Finance Minister Nirmala Sitharaman, under the guidance of Prime Minister Narendra Modi.