Tag: Nirmala Sitaraman

Government proposes to ease tax relief conditions for offshore funds

August 3, 2026 admin

To strengthen India’s position as a global fund management hub, the Government has proposed to substantially relax the eligibility conditions for an Eligible Investment Fund (EIF) managed from India to avail tax exemption on its global income. As per the Taxation and Other Laws (Amendment) Bill, 2026, to avail tax exemption on global income, offshore…

Business

Simplification of customs will be next big reform, says Finance Minister

December 6, 2025 admin

Union Finance Minister Nirmala Sitharaman. File | Photo Credit: Moorthy G. Ahead of Budget 2026, Finance Minister Nirmala Sitharaman on Saturday (December 6, 2025) said the simplification of customs would be the next big reform agenda for the government. During the current financial year, the government undertook reforms such as rate rationalisation and simplification of…

Business

Economic Survey Identifies Areas For Further Growth: PM Modi

July 22, 2024 admin

File: The Economic Survey an overview of the short-to-medium-term prospects of the economy. Prime Minister Narendra Modi on Monday said the Economic Survey highlights the prevailing strengths of the economy and identifies areas for further growth and progress as “we move towards building a Viksit Bharat”. Finance Minister Nirmala Sitharaman on Monday presented the Economic…

Nation

Union Budget 2023 a disappointment to Telangana as many of its demands remain unfulfilled

February 1, 2023 admin

Union Finance Minister Nirmala Sitharaman presents the Union Budget 2023-24. | Photo Credit: ANI The Union Budget 2023 presented in the Parliament by Finance Minister Nirmala Sitaraman has come as a disappointment to the Telangana government which claimed that “there is nothing particular about Telangana”. Budget 2023 | What’s cheaper and what’s costlier? Finance Department…

Business