Finance Minister Nirmala Sitharaman, who will present her ninth consecutive Budget on Sunday, is the longest-serving finance minister to hold the post continuously. Sitharaman took charge of the Finance Ministry on May 31, 2019, and has steered the economy through the COVID-19 pandemic and geopolitical turmoil, making India the fastest-growing major economy in the world. Nirmala Sitharaman completed six years… Continue reading ""
The all-important budget session of Parliament, the longest in the calendar year, will begin on January 28 and conclude on April 2, with a break in-between, Union minister for parliamentary affairs Kiren Rijiju said on Friday. The earlier than usual start of the second half of the session has been designed keeping in mind assembly elections in four states and… Continue reading "Budget Session of Parliament from Jan 28 to April 2"
The Budget session of the Tamil Nadu Assembly will begin on March 14 with the presentation of the Budget for 2025-26, Assembly Speaker M Appavu informed on Tuesday. State Finance Minister Thangam Thennarasu will present the Budget when the Assembly meets at 9.30 am, he said. “The duration of the session would be decided by the Assembly Business Advisory Committee… Continue reading "Tamil Nadu budget to be tabled on March 14"
There will be no income tax payable up to Rs 12 lakh – i.e., up to Rs 12.75 lakh including standard deductions – under the new regime, Union Finance Minister Nirmala Sitharaman said Saturday as she read out the Union Budget 2025. In an announcement accompanied by loud cheers and enthusiastic thumping of desks by BJP MPs, led by Prime… Continue reading ""
Finance minister Nirmala Sitharaman on Tuesday rejected the opposition’s allegations of opposition-ruled states being ignored in the Union Budget 2024 presented by her in Parliament on July 23. Replying to the budget discussion in the Lok Sabha, the minister asserted that no state was denied funds. She recalled that in the past Budgets by the UPA government also did not… Continue reading "Funds were not denied to any states: Finance Minister Nirmala Sitharman"
On Wednesday, both the Rajya Sabha and the Lok Sabha started the sessions on a tumultuous note as Opposition MPs protested against the Union Budget 2024 presented by Finance Minister Nirmala Sitharaman a day earlier. In the Rajya Sabha, Sitharaman addressed the chamber, stating that it is not feasible to mention every state in the Budget. This statement was not… Continue reading "Opposition MPs stage walkout to protest Union Budget 2024 in Parliament"
Ahead of the union budget on July 23, Chief Minister MK Stalin outlined five key demands for the state on Sunday, which include the release of funds for Chennai Metro Rail project which has been pending for three years, approval for a flyover expressway between Tambaram and Chengalpattu and reduction in income tax burden of middle-class households. In a post… Continue reading "Fulfil five major demands in budget: CM Stalin to centre"
Finance Minister Nirmala Sitharaman is likely to hold pre-budget consultations with industry chambers on June 20, sources said. The budget for 2024-25 fiscal is likely to be presented in Parliament in the second half of July. Industry sources said the pre-budget consultation with Sitharaman would be preceded by a meeting with Revenue Secretary Sanjay Malhotra on June 18. The 2024-25… Continue reading "Nirmala Sitharaman to hold pre-budget meeting with industry chambers on June 20"
The Budget session of the State Assembly will begin on Monday, February 12, with the Governor’s Address at 10 am in the Assembly Hall inside the State Secretariat building and the State Budget for the year 2024-25 will be presented the next Monday, February 19, at 10 am. Making the announcement on Thursday, Assembly secretary K Srinivasan said that the… Continue reading "Tamil Nadu Assembly session to commence on February 12"
A brief Budget session of Parliament is likely to be held between January 31 and February 9, sources said on Thursday. President Droupadi Murmu will address a joint sitting of the two houses on January 31, they said. The government would present a vote-on-account or an ‘interim budget’ on February 1. The new government will present a full-fledged budget later.… Continue reading "Parliament’s Budget session likely from Jan. 31 to Feb. 9"