Union Finance Minister Nirmala Sitharaman on Monday said she had no words to describe the sorrow of the families who lost their loved ones in the stampede here on September 27 and added that such incidents should not happen again anywhere. She favoured the framing of a standard operating procedure for public gatherings, especially when a large number of women… Continue reading "Karur stampede: Nirmala Sitharaman meets affected families"
Union Finance Minister Nirmala Sitharaman has said that India will continue purchasing Russian oil, stressing that decisions will be guided solely by national interest. In an interview to a TV channel, she said, whether it is Russian oil or anything else, we will take a call based on what suits our needs in terms of rates and logistics. Mrs Sitharaman’s… Continue reading "India will continue to buy Russian oil as required: Union Finance Minister Nirmala Sitharaman"
Union Finance Minister Nirmala Sitharaman praised Prime Minister Narendra Modi’s leadership during an interaction with the Indian diaspora in San Francisco, saying that the “visionary leadership” of the Prime Minister and the stability provided by the continuing government are “making a difference for India.” She emphasised that the Prime Minister has been focused on good governance, technological advancement, entrepreneurship, and… Continue reading "‘PM Modi’s leadership is making a difference for India’: Nirmala Sitharaman in US"
Union Finance Minister Nirmala Sitharaman on Sunday said Prime Minister Narendra Modi was clear about the need for tax relief in the Union Budget and supported the income tax rebate, adding that it took time to convince the bureaucrats. “The question should be how much it takes for me to convince the ministry and the boards. It is not so… Continue reading "PM Modi was quick to agree to tax relief, bureaucrats took time: Finance Minister Nirmala Sitharaman"
Union finance minister Nirmala Sitharaman is presenting her eighth consecutive budget in the Parliament. In her opening remarks, she said the government will realise the ‘sab ka vikas’ goal by stimulating balanced growth for all regions. She also announced a host of schemes for Bihar, which will go to polls later this year. “Our economy is the fastest growing among… Continue reading "Budget announcements key highlights: Bihar takes centre stage in poll year"
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 ""
The Budget session will commence today during which Finance Minister Nirmala Sitharaman will table the Economic Survey 2024-25. The survey will provide an official assessment of the economy’s performance in the current financial year and list the challenges facing the nation. The Economic Survey, tabled in Parliament ahead of the Union Budget, also provides a roadmap for reforms and growth.… Continue reading "Budget session kicks off today: FM Sitharaman to table Economic Survey Report"
Tamil Nadu Finance Minister Thangam Thennarasu met Union Finance Minister Nirmala Sitharaman in the national capital on Monday, seeking the immediate release of Rs 1,635 crore in wage arrears owed to workers under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS). The pending wage dues have accumulated from November 27, 2024, to date, affecting the livelihoods of thousands of… Continue reading "Tamil Nadu seeks urgent release of Rs 1,635 crore MGNREGS dues from Centre"
Road, transport and highways minister Nitin Gadkari wrote to finance minister Nirmala Sitharaman seeking withdrawal of 18% Goods and Services Tax (GST) on life and medical insurance premiums. Nitin Gadkari said that the GST amounts to taxing the uncertainties of life and restricts sector’s growth. Both life and medical insurance premiums attract a GST of 18 percent. “You are requested… Continue reading "Nitin Gadkari writes to FM: Please remove GST on life, medical insurance premiums"
Finance Minister Nirmala Sitharaman presented first budget under Modi 3.0 government on Tuesday, July 23. Sitharaman introduced increased standard deduction and revised tax rates for salaried individuals under the new tax regime. Besides this, cut on customs duty on gold, silver, mobile phones and other goods were announced. The Centre’s FY25 Capex spend seen at ₹11.1 lakh crore — unchanged… Continue reading "Finance Minister Nirmala Sitharaman’s mega jobs, tax announcements in Union Budget"