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Searched Tag: nirmala sitharaman
Under the Goods and Services Tax (GST) system, the revenue is shared equally between the Centre and the states

Centre notifies CGST rates for goods effective Sept 22

September 17, 2025, 10:59 PM - 2 min read

The states will now have to follow suit and notify the State GST (SGST) rates to be levied on goods and services beginning Monday, September 22

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An oil tanker ready to unload at an Indian port.

Indian refiners seek to fully restore Russian crude oil imports

September 8, 2025, 05:33 PM - 4 min read

Indian refiners, led by IOC, seek to restore Russian oil imports despite US tariffs and falling supplies, underscoring New Delhi’s defiance of Washington’s economic pressure.

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File photo of Union Minister Nirmala Sitharaman.

Sitharaman pins Tamil Nadu’s woes on ruling DMK

September 7, 2025, 05:41 PM - 3 min read

Union Minister Sitharaman has accused the DMK of exploiting Dravidian identity and language issues to mask corruption, caste violence, and rising drug abuse in Tamil Nadu.

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A file photo of Union Finance Minister Nirmala Sitharaman.

India will keep buying Russian oil, tariffs or not: Sitharaman

September 5, 2025, 08:10 PM - 3 min read

Finance Minister Nirmala Sitharaman has said that India will continue buying Russian oil, insisting on national interest, as the US hikes tariffs and warns of further sanctions.

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Cotton import duty waiver now valid till December 31.

Govt extends cotton import duty exemption till Dec 31

August 28, 2025, 10:44 AM - 2 min read

The government on Thursday announced an extension of the temporary exemption on cotton import duty until December 31, 2025, a move aimed at easing costs for the country’s textile industry.

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Gujarat not in top 10 high taxpayer states this year.

Gujarat lags in taxpayer rankings despite 'rich' image

August 21, 2025, 06:00 PM - 3 min read

Income tax data for 2024-25 has revealed unexpected disparities in India’s middle class, with Jharkhand outperforming Gujarat in the proportion of higher-earning taxpayers.

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Sensex, Nifty extend rally to sixth straight session.

Market rally continues despite global tariff worries

August 21, 2025, 04:27 PM - 4 min read

Indian equity benchmarks ended higher for the sixth consecutive session on Thursday, August 21, though gains were capped by weak global cues, concerns over Donald Trump’s proposed tariffs, and stretched valuations.

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GoM backs Centre's plan to cut GST slabs to two rates.

GST slabs may shrink to two as GoM clears new structure

August 21, 2025, 03:15 PM - 3 min read

A key meeting of the Group of Ministers (GoM) on GST rate rationalisation on Thursday ended with state finance ministers accepting the Centre’s plan to reduce the number of tax slabs.

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NPAs under Mudra loans hit 9.81 percent as of March 2025.

Mudra Yojana NPA surged to 9.8 pc till March 2025

August 19, 2025, 07:36 PM - 4 min read

The Non-Performing Asset (NPA) rate against the outstanding amount under the Pradhan Mantri Mudra Yojana (PMMY) for Scheduled Commercial Banks rose to 9.81 per cent as of March 2025, up from 5.47 per cent at the end of March 2018, Parliament was informed on Tuesday.

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Union Finance Minister Nirmala Sitharaman speaks in the Rajya Sabha during the Monsoon session of Parliament.

Government reintroduces revised Income Tax Bill in Lok Sabha

August 11, 2025, 04:34 PM - 3 min read

The Government of India has reintroduced a reworked Income Tax Bill in the Lok Sabha, incorporating the panel’s 566 suggestions to simplify rules, clarify provisions, and reduce tax-related disputes

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MEA to update Shashi Tharoor led panel on US tariffs and sanctions.

Govt to brief Tharoor-led panel on US-India trade tensions

August 11, 2025, 10:54 AM - 4 min read

The Union government is set to brief the Shashi Tharoor-led Standing Committee on External Affairs on the latest developments in India’s foreign policy today, with a particular focus on ongoing US-India trade negotiations and tariffs.

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Revised Income Tax Bill 2025 to be tabled in Lok Sabha.

FM Sitharaman to table revised Income Tax Bill 2025

August 11, 2025, 10:39 AM - 3 min read

Union Finance Minister Nirmala Sitharaman is set to introduce the revised Income Tax Bill 2025 in the Lok Sabha today.

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