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Searched Tag: union finance minister nirmala sitharaman
The economic resilience, said the minister, has been continuous, as seen in India’s GDP growth during the April-June quarter this year when it grew by 7.8 per cent

FM hails India's resilience amid global headwinds

September 25, 2025, 04:50 PM - 2 min read

The uncertainty in the global environment has increased over the past year, but India’s resilience has stood out, as seen in the Apr-June quarter’s GDP, said Union Finance Minister Nirmala Sitharaman on Thursday

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Explaining the framework through a presentation, Sitharaman said the new regime will bring down the system to just two levels of taxation, making it easier for consumers and businesses alike

Next-gen GST reforms to boost Bengal's economy, says FM

September 18, 2025, 06:27 PM - 2 min read

The Finance Minister highlighted that Bengal’s artisans, farmers, and small industries will particularly benefit under the revised tax slabs

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Stressing on the global uncertainty in trade, the Tata Sons chairman said collective efforts in enhancing quality manufacturing is required to support the government in its ‘Viksit Bharat’ mission

It’s your turn to invest, FM Nirmala Sitharaman tells India Inc

September 18, 2025, 12:32 PM - 3 min read

Saying the government has delivered on its promises, Union Finance Minister called upon the industry to partner with the government to invest, upskill youth, and increase production

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Following the tax reforms, 99 per cent of goods under the 12 per cent GST slab have moved to five per cent

GST reforms will lead to more cash in hand: FM

September 17, 2025, 03:00 PM - 3 min read

The ‘next-gen’ Goods and Services Tax (GST) reforms that are due to roll out from September 22 will inject ₹2 lakh crore into the economy, said Union Finance Minister, Nirmala Sitharaman, on Wednesday

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The recently-introduced reforms in the Goods and Services Tax (GST) spell victory for every citizen of India who will be benefited by lowered prices of essentials, said Union Finance Minister, Nirmala Sitharaman, on Sunday

GST reforms spell victory for each citizen: Nirmala Sitharaman

September 14, 2025, 04:48 PM - 4 min read

Nearly a week before the GST rate cut roll-out takes effect on September 22, Union Finance Minister Nirmala Sitharaman said the new-gen Goods and Services Tax (GST) reforms would expedite achieving the Prime Minister’s ‘Viksit Bharat’ vision

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So far, the insurance sector has attracted ₹82,000 crore through foreign direct investment (FDI).

‘Liberalisation’ of the Insurance Amendment Bill on the cards: FM

September 14, 2025, 02:05 PM - 3 min read

The Union Finance Minister, Nirmala Sitharaman, has said the Insurance Amendment Bill will most likely come up for discussion in the Parliament’s upcoming winter session, in which she will push for 100 pc FDI in the insurance sector

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The finance ministers from Himachal Pradesh, Jharkhand, Karnataka, Kerala, Punjab, Tamil Nadu, Telangana and West Bengal convened again in New Delhi on September 3 after their meeting last week to decide on how their revenues could be protected after the Council removes two tax slabs

GST 2.0: Non-BJP states discuss compensation for revenue losses

September 3, 2025, 01:09 PM - 5 min read

With the GST Council gathered to discuss a major GST structure reform agenda, the finance ministers of eight opposition-ruled states held a meeting on Wednesday to put forth their demand for compensation for the revenue loss that states will have to face as a result of the rejig

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The budget for the current fiscal has projected a growth rate of 10.1 per cent in nominal terms, while the fiscal deficit is pegged at 4.4 per cent of the gross domestic product (GDP).

Finance ministry to begin budget-making exercise for next FY

September 2, 2025, 07:47 PM - 3 min read

The Ministry of Finance will start preparing the annual budget for 2026-27 from October 9, 2025, and address urgent issues of job creation, demand boosting, and taking steps to put the economy on track to achieve 8 per cent-plus growth

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The GST Council, which is headed by Sitharaman, is due to meet on September 3 and 4 to discuss the new reforms, the announcement of which is being eagerly awaited

FM says GST 2.0 will bring economic transparency

September 2, 2025, 04:13 PM - 4 min read

The upcoming reforms in the country’s Goods and Services Tax (GST) structure, touted to be “next-generation”, would further reduce compliance burden on small businesses, said Union Finance Minister, Nirmala Sitharaman, on Tuesday

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The GoMs on rate rationalisation, insurance taxation and compensation cess will next be engaged in deliberations over the next two days on the Centre’s proposal of removing the 12 per cent and 28 per cent tax slabs

FM meets GoMs to explain GST rejig

August 20, 2025, 04:46 PM - 3 min read

The Union Finance Minister, Nirmala Sitharaman, explained to the Group of Ministers (GoM) on Wednesday the necessities of restructuring the GST tax regime; GoM on GST rate rationalisation is scheduled to meet again on August 21

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The Finance Ministry has called a meeting of the heads of public sector banks (PSBs) on August 20 to review their financial performance in the first quarter of this fiscal year

FinMin to meet PSB chiefs to review Q1 performance

August 19, 2025, 02:24 PM - 2 min read

The Finance Ministry has called a high-level meeting with the heads of public sector banks on August 20 to review their performance in the first quarter of 2025-26

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The old Income Tax Act, 1961, which had undergone over 4,000 amendments in all these decades, was considered too long (containing over five lakh words) and too complex

I-T (No 2) Bill, 2025: What’s in it for the taxpayers?

August 12, 2025, 07:59 PM - 5 min read

To come into force from April 1, 2026, the Income Tax (No 2) Bill carries simpler language, clarifies deductions and empowers I-T officials to forcibly break into personal emails and social media accounts of assessees during search operations

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