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13 killed as Navy speedboat collides with ferry near Mumbai | My quitting won't help Congress: Amit Shah on resignation demands amid Ambedkar row | Elon Musk denies Starlink use in Manipur, says beams turned off in India | Congress' lies can't hide their misdeeds: Modi on row over Amit Shah's Ambedkar comment | 'Daily drama': BJP hits back at Congress' attack on Amit Shah over Ambedkar remark | Spin bowling legend Ravichandran Ashwin retires from international cricket | India-Australia third Test ends in a draw as rain plays spoilsport | 54-year-old leader calls himself Yuva: Amit Shah takes dig at Rahul Gandhi in Rajya Sabha | BJP to send notices to MPs absent during 'One Nation One Election' Bill tabling | GRAP 4 restrictions reimposed in Delhi as air quality dips to 'severe' category

Sitharaman's Interim Budget 2024: No change in tax rates, focus stays on capex

Feb 01, 2024, at 07:38 pm

New Delhi/UNI: Presenting the interim budget for 2024-25, Union Finance Minister Nirmala Sitharaman on Thursday kept the tax rates unchanged and continued to focus on public spending to boost growth.

Budget 2024: Next five years to see unprecedented development, says Nirmala Sitharaman

Feb 01, 2024, at 07:33 pm

New Delhi/UNI: Union Finance Minister Nirmala Sitharaman on Thursday said the next five years will be years of unprecedented development to realise the goal of India becoming a developed country by 2047.

Sitharaman proposes housing scheme for 'deserving' section of middle class

Feb 01, 2024, at 07:27 pm

New Delhi/UNI: Finance Minister Nirmala Sitharaman on Thursday proposed to launch a scheme for 'deserving' sections of the middle class to help them buy or build their own houses.

Projecting a Modi return, FM Sitharaman presents poll-bound 'no disruption' unchanged tax rate Interim Budget, estimates fiscal deficit at 5.1% of GDP

Feb 01, 2024, at 07:07 pm

Exuding confidence that the Modi government will return to power in 2024, Union Finance Minister Nirmala Sitharaman presented an interim "national election year" budget of "no disruption" keeping tax slabs unchanged, focusing on inclusivity, continued economic reforms and listing the achievements of the NDA in the past ten years while refraining from any new populist announcement.

Union Finance Minister Nirmala Sitharaman to present interim budget today

Feb 01, 2024, at 02:54 pm

Union Finance Minister Nirmala Sitharaman will present the interim budget on Thursday, months ahead of the Lok Sabha polls.

India’s fiscal deficit during Apr-Dec narrows to Rs 9.82 lakh cr

Feb 01, 2024, at 07:29 am

New Delhi: India’s fiscal deficit for the first nine months of the Financial Year 2024 stood at Rs 9.82 lakh crore, which ist 55% of the annual fiscal deficit estimate, according to government data.

Budget Expectations: Jindal Stainless advocates long-term duty exemption on ferro nickel and ferro molybdenum for raw material access

Jan 31, 2024, at 05:30 am

New Delhi/Gurugram: Ahead of the Budget 2024-25, Jindal Stainless, India’s largest stainless steel manufacturer has sought continuation of zero customs duty on stainless steel scrap and steel scrap besides pure nickel.

Nirmala Sitharaman to match Morarji Desai's record when she presents sixth straight budget on Feb 1

Jan 27, 2024, at 06:01 am

New Delhi: Finance Minister Nirmala Sitharaman is all set to match the record of former Prime Minister Morarji Desai when she presents her sixth straight budget on February 1.

Govt allows direct listing of shares of Indian firms on GIFT City's exchanges

Jan 25, 2024, at 06:15 am

New Delhi: The government on Wednesday officially announced the direct listing of shares for Indian companies on the exchanges at GIFT City.

Nirmala Sitharaman participates in pre-budget halwa ceremony

Jan 25, 2024, at 03:05 am

The traditional 'halwa ceremony', marking the final stage in the preparation ahead of the interim Union Budget 2024 presentation, was held on Wednesday evening at the Union Finance Ministry headquarters at North Block in Delhi.

Narendra Modi government's Interim Budget likely to set nominal GDP growth at 10-10.5 pct

Jan 08, 2024, at 11:30 pm

The Indian government will present its interim budget on Feb 1, just months before the country is expected to vote in the Lok Sabha polls this year.

On IMF's warning on debt, Centre says India's borrowings still below 2002 level

Dec 23, 2023, at 07:04 am

New Delhi: In response to the International Monetary Fund's (IMF) warning about alleged government debt vulnerabilities in India, the Central government stated on Friday that certain assumptions have been made which do not accurately represent the actual situation.

'All sectors of economy doing well, Make-in-India products now seen in American supermarkets': Nirmala Sitharaman tells RS

Dec 08, 2023, at 03:16 am

New Delhi/UNI: Painting a rosy picture of the economy and stating that the Indian economy remains the fastest-growing economy in the world, Finance Minister Nirmala Sitharaman on Thursday said that all sectors of the economy are performing well.

4 Indian women, including Finance Minister Sitharaman, rank in Forbes' top influential list

Dec 07, 2023, at 09:19 am

New Delhi: Finance Minister Nirmala Sitharaman has been ranked 32nd in Forbes' list of the world's most influential women, alongside notable women such as US Vice President Kamala Harris and musician Taylor Swift.

21,791 fake GST registrations, tax evasion of over Rs 24,000 cr uncovered: Sitharaman

Dec 06, 2023, at 02:28 am

New Delhi: GST officers have identified 21,791 fraudulent GST registrations and uncovered potential tax evasion exceeding Rs 24,000 crore during a two-month-long special drive, Finance Minister Nirmala Sitharaman on Tuesday said.

Nirmala Sitharaman to inaugurate Aayakar Bhawan of IT Dept

Nov 24, 2023, at 07:02 pm

Kochi/UNI: Union Minister for Finance and Corporate Affairs Nirmala Sitharaman will inaugurate the newly constructed Aayakar Bhawan of the Income Tax Department at a private hotel here on Friday.

Direct Tax collection in Oct FY24 crosses Rs 11.07 lakh cr

Oct 11, 2023, at 02:36 am

New Delhi: The gross direct tax collections in October, so far, surpassed Rs 11 lakh crore, reaching Rs 11.07 lakh crore, the Finance Ministry said in a statement on October 10.

Indian firms could soon list in London, UK Chancellor Jeremy Hunt announces in Delhi

Sep 12, 2023, at 06:36 am

Indian firms could soon list in London, it has been announced as part of a package of plans unveiled Monday by UK Chancellor Jeremy Hunt alongside Indian Finance Minister Nirmala Sitharaman, as they met in Delhi for face-to-face talks.

Legal framework for accounting and taxation professionals in GIFT City soon: Sitharaman

Aug 20, 2023, at 06:12 am

Gandhinagar: Union Finance Minister Nirmala Sitharaman on Saturday said that a comprehensive legal framework for accounting and taxation professionals will soon be in place to enable them to provide services to the world, making GIFT City the global hub for accounting and financial back-office functions.

'Global community must find ways to debt restructuring of low-income nations': Nirmala Sitharaman

Aug 11, 2023, at 05:39 pm

Mumbai/UNI: Noting that the high debt level of poor countries poses risks to their sustainable development, Union Finance Minister Nirmala Sitharaman said on Friday that the international community must collaborate and find stronger ways to coordinate debt restructuring for low-income and vulnerable middle-income countries facing debt distress.

28% GST on online gaming: GST Council agrees to review after 6 months of implementation

Aug 03, 2023, at 05:58 am

New Delhi: Finance Minister Nirmala Sitharaman on Wednesday announced the decision to implement 28% GST on the full face value of bets placed on online games, horse racing, and casinos.

Finance Minister Nirmala Sitharaman inaugurates GST Bhawan at Agartala

Jul 22, 2023, at 08:28 am

Agartala: Finance Minister Nirmala Sitharaman inaugurated the ‘GST Bhawan’ in Tripura’s capital Agartala on Friday.

GST Council decides to levy 28 pc tax on online gaming, casinos and horse-racing

Jul 12, 2023, at 10:58 pm

New Delhi: The all-powerful GST Council chaired by Union Finance Minister Nirmala Sitharaman on Tuesday decided to impose 28% tax on online gaming, horse racing and casinos.

GST Council Meet: 28% GST to be levied on online gaming, horse racing, casinos

Jul 12, 2023, at 05:30 am

New Delhi: The Group of Ministers (GoM) attending the 50th GST Council Meeting on Tuesday reached a decision to impose a 28 percent Goods and Services Tax (GST) on the entire value of online gaming, horse racing, and casinos.

Canara Bank handed over Dividend for FY 2022-23

Jul 05, 2023, at 07:19 pm

Kolkata: Canara Bank MD&CEO Satyanarayana Raju handed over a dividend cheque of Rs.1370 Croreto Union Finance Minister Nirmala Sitharaman.

India, Japan, France announce launch of negotiations to restructure Sri Lanka's debt

Apr 15, 2023, at 02:05 am

Washington/IBNS: India, Japan, and France today announced the launch of the debt restructuring negotiation process for Sri Lanka.

FM Nirmala Sitharaman and Geeta Gopinath meet at IMF-World Bank spring meetings in US

Apr 13, 2023, at 04:31 am

Washington: Union Finance Minister Nirmala Sitharaman met with Gita Gopinath, the first deputy Managing Director of the International Monetary Fund (IMF), on Wednesday at the IMF-World Bank spring meetings.

FM Sitharaman holds roundtable with investors, biz leaders during US visit

Apr 12, 2023, at 01:55 am

Washington: Finance Minister Nirmala Sitharaman on Monday attended a roundtable meeting with business leaders and investors, co-hosted the by Confederation of Indian Industry (CII) and US-India Business Council in the US Chamber, in Washington, DC.

Rs 23.2 lakh cr sanctioned to over 40.82 cr accounts under Mudra loan scheme since inception: Nirmala Sitharaman

Apr 09, 2023, at 05:53 am

New Delhi/IBNS: The government has sanctioned around Rs 23.2 lakh crore to 40.82 crore loan accounts under the Pradhan Mantri Mudra Yojana (PMMY) scheme as of March 24, 2023, Finance Minister Nirmala Sitharaman said on Saturday.

FM Sitharaman to visit US to attend Spring Annual Meetings of the IMF-World Bank

Apr 09, 2023, at 02:01 am

New Delhi/IBNS: Finance Minister Nirmala Sitharaman will start an official visit to the USA on April 10, 2023, an official statement said on Saturday.