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National News, News
‘PM Modi’s leadership is making a difference for India’: Nirmala Sitharaman in US
By Chennaivision on April 21, 2025

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"
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PM Modi was quick to agree to tax relief, bureaucrats took time: Finance Minister Nirmala Sitharaman
By Chennaivision on February 3, 2025

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"
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Budget announcements key highlights: Bihar takes centre stage in poll year
By Chennaivision on February 1, 2025

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"
National News, News
By Chennaivision on February 1, 2025

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 ""
National News, News
Budget session kicks off today: FM Sitharaman to table Economic Survey Report
By Chennaivision on January 31, 2025

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"
Chennai News, News
Tamil Nadu seeks urgent release of Rs 1,635 crore MGNREGS dues from Centre
By Chennaivision on January 28, 2025

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"
National News, News
Nitin Gadkari writes to FM: Please remove GST on life, medical insurance premiums
By Chennaivision on August 1, 2024

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"
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Finance Minister Nirmala Sitharaman’s mega jobs, tax announcements in Union Budget
By Chennaivision on July 23, 2024

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"
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India may need to generate 78.5 lakh jobs annually till 2030: Economic Survey
By Chennaivision on July 23, 2024

The Indian economy needs to generate an average of nearly 78.5 lakh jobs annually until 2030 in the non-farm sector to cater to the rising workforce, according to the Economic Survey for 2023-24. The Survey tabled in Parliament on Monday provided a broad estimate of the number of jobs that the economy has to generate. It further said that everyone… Continue reading "India may need to generate 78.5 lakh jobs annually till 2030: Economic Survey"
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Nirmala Sitharaman to hold pre-budget meeting with industry chambers on June 20
By Chennaivision on June 17, 2024

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"

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