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Union Finance Minister Nirmala Sitharaman addresses the officers of the Income Tax department from Madhya Pradesh and Chhattisgarh region, in Bhopal. | Photo Credit: ANI Union Finance Minister Nirmala Sitharaman said on Tuesday that she wished she could bring down the taxes in the country to “almost nil” but India’s challenges are severe and they…
Union Finance Minister Nirmala Sitharaman. File | Photo Credit: PTI Finance Minister Nirmala Sitharaman on Saturday (August 10, 2024) asked banks to come up with innovative and attractive schemes to mobilise deposits. Addressing the media after the board meeting of the Reserve Bank of India, she said that deposits and lending are the two wheels…
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Finance Minister Nirmala Sitharaman will move the Banking Laws (Amendment) Bill in the Lok Sabha New Delhi: Union Finance Minister Nirmala Sitharaman will today move the Banking Laws (Amendment) Bill in the Lok Sabha, which seeks to amend the Reserve Bank of India Act, 1934, the Banking Regulation Act, 1949, the State Bank of India…
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Finance Minister Nirmala Sitharaman speaks in the Rajya Sabha on August 8, 2024. Photo: Sansad TV via PTI The Union government has nothing to do with imposing the goods and services tax (GST) on health insurance premiums, Finance Minister Nirmala Sitharaman insisted in the Rajya Sabha on Thursday (August 8, 2024), maintaining that the issue…
The Lower House later approved the Finance Bill with 45 official amendments. (File) New Delhi: The Lok Sabha on Wednesday passed the Finance Bill 2024 after the government relaxed the just-introduced new capital gains tax on real estate, allowing taxpayers an option to switch to a new lower tax rate or stay with the old…
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Finance Minister Nirmala Sitharaman replies to the debate on the Finance Bill in the Lok Sabha on August 7, 2024. Photo: SansadTV via ANI The Finance Bill 2024 was passed in the Lok Sabha on Wednesday (August 7, 2024) with an amendment relaxing the recently introduced new capital gains tax on real estate. It allows…
Union Finance Minister Nirmala Sitharaman speaks in the Rajya Sabha during the Monsoon session of Parliament on July 31, 2024. | Photo Credit: PTI Finance Minister Nirmala Sitharaman on July 31said the Union Budget strikes a fine balance between growth, employment, capital investment, and fiscal consolidation, among others. Replying to the discussion on the Union…
Amid criticism of Budget 2024 from several quarters, Union Minister and senior BJP leader Nitin Gadkari has written to Finance Minister Nirmala Sitharaman, requesting her to withdraw the GST imposed on premiums for life and medical insurance plans. Mr Gadkari has said in his letter that he is writing to the Finance Minister following a…
Nirmal;a Sitharaman asserted that no state was being denied money in the Union Budget. New Delhi: Finance Minister Nirmala Sitharaman today termed misleading claims by opposition leaders that if any state is not named in the Budget speech, then it does not get any budgetary allocation. Replying to a Budget discussion in the Lok Sabha,…
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As the dust settles on the proposals that the Finance Minister made in the Budget earlier this month, some aspects have become clearer while questions remain on others. Budget 2024-25 saw several initiatives around employment and skilling being proposed. Do these form a good first step in addressing the jobs challenge the country faces? Or…
Read More “Exploring the Key Highlights of the Union Budget 2024: Part 2 | In Focus podcast” »