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Finance Minister Nirmala Sitharaman

Government cuts outlay for equity in energy transition projects of big 3 oil firms by Rs 15000 crore

Government cuts outlay for equity in energy transition projects of big 3 oil firms by Rs 15000 crore

Fri, Jan 26, 2024

Finance Minister Nirmala Sitharaman had announced an equity infusion of Rs 30,000 crore to support the energy transition plans of the three oil marketing companies.

Union Budget 2024: Nirmala Sitharaman second finance minister to present budget 6 times in a row

Union Budget 2024: Nirmala Sitharaman second finance minister to present budget 6 times in a row

Fri, Jan 26, 2024

The new government, which is likely to be formed around June, will come up with a final Budget for 2024-25 sometime in July.

Budget 2024: CII proposes dedicated Ministry of Investment to facilitate investment opportunities within India and abroad

Budget 2024: CII proposes dedicated Ministry of Investment to facilitate investment opportunities within India and abroad

Wed, Jan 24, 2024

Budget 2024: For revenue augmentation, CII has advocated the continuation of the simplification and rationalization of taxes. The organization has also proposed signalling the next set of GST reforms, including a three-rate structure and subsuming petroleum, electricity, and real estate.

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Nirmala Sitharaman discusses trade negotiation progress with Canadian Dy PM

Nirmala Sitharaman discusses trade negotiation progress with Canadian Dy PM

Mon, Jul 17, 2023

Finance Minister Nirmala Sitharaman and Canadian Deputy Prime Minister Chrystia Freeland on Sunday discussed the progress being made on ongoing bilateral trade negotiations.

Sitharaman suggests AIIB to use innovative financing ways to address infra needs

Sitharaman suggests AIIB to use innovative financing ways to address infra needs

Mon, Jul 17, 2023

Finance minister Nirmala Sitharaman on Sunday suggested the Asian Infrastructure Investment Bank (AIIB) to use innovative financing ways to better address infrastructure needs of member countries.

GST Council Meeting: GST on foods, beverages served in cinema halls reduced from 18% to 5% - Check details

GST Council Meeting: GST on foods, beverages served in cinema halls reduced from 18% to 5% - Check details

Tue, Jul 11, 2023

GST Council Meeting Outcome: GST on foods and beverages served in cinema halls reduced from 18 per cent to 5 per cent

FM Sitharaman releases special cover and customised myStamp to mark 50th GST Council Meeting

FM Sitharaman releases special cover and customised myStamp to mark 50th GST Council Meeting

Tue, Jul 11, 2023

The 50th GST Council meeting was held in Delhi on July 11, 2023, chaired by Finance Minister Nirmala Sitharaman. FM Sitharaman released a special cover and customised myStamp to mark the occasion. The Special cover was presented to the Finance Minister by the Chief Post Master General, Delhi Circle.

Finance Minister Nirmala Sitharaman to meet chiefs of public sector banks to review financial performance

Finance Minister Nirmala Sitharaman to meet chiefs of public sector banks to review financial performance

Tue, Jul 04, 2023

The public sector banks have come a long way from posting a total net loss of Rs 85,390 crore in 2017-18, to recording a profit of Rs 1,04,649 crore in 2022-23.

Finance Minister Sitharaman reviews progress of implementation of budget schemes

Finance Minister Sitharaman reviews progress of implementation of budget schemes

Tue, Jul 04, 2023

Finance Minister Nirmala Sitharaman on Tuesday reviewed progress of implementation of Budget schemes with secretaries of finance ministry and Corporate Affairs Secretary.

Bank of Maharashtra presents dividend cheque of Rs 795.94 crore to Finance Minister

Bank of Maharashtra presents dividend cheque of Rs 795.94 crore to Finance Minister

Wed, Jun 21, 2023

State-owned Bank of Maharashtra (BoM) on Tuesday presented a dividend cheque of Rs 795.94 crore for the financial year 2022-23 to Finance Minister Nirmala Sitharaman.

Return Of Unclaimed Deposits Will Take Time, Says Nirmala Sitharaman

Return Of Unclaimed Deposits Will Take Time, Says Nirmala Sitharaman

Tue, May 30, 2023

The return of unclaimed bank deposits and other financial sector claims will "take time", Finance Minister Nirmala Sitharaman has said.

FM Nirmala Sitharaman highlights investment opportunities in India in bilateral meeting with Korean FM

FM Nirmala Sitharaman highlights investment opportunities in India in bilateral meeting with Korean FM

Thu, May 04, 2023

The minister met Choo Kyung-ho, Deputy PM & Minister of Economy and Finance, South Korea, on the sidelines of 56th ADB Annual Meeting here, and also invited Korea Investment Corporation (KIC) and other investors to take forward investment in India's infrastructure sector.

Since inception of Mudra Yojana, banks sanction Rs 23.2 lakh crore credit to nearly 41 crore beneficiaries

Since inception of Mudra Yojana, banks sanction Rs 23.2 lakh crore credit to nearly 41 crore beneficiaries

Sat, Apr 08, 2023

Finance Minister Nirmala Sitharaman said, “Since the launch of the scheme, as of March 24, 2023, about Rs 23.2 lakh crore has been sanctioned in 40.82 crore loan accounts.”

Centre Announces Committee Under Finance Secretary To ‘Improve’ NPS

Centre Announces Committee Under Finance Secretary To ‘Improve’ NPS

Fri, Mar 24, 2023

Finance Minister Nirmala Sitharaman Friday announced the formation of a committee to “improve” the National Pension System (NPS) for government employees, a move that comes against the backdrop of at least four Opposition-ruled states adopting the Old Pension Scheme.

STT In Option Increased By 25%: STT In Option Increased From ₹5000 To ₹6250

STT In Option Increased By 25%: STT In Option Increased From ₹5000 To ₹6250

Fri, Mar 24, 2023

Finance Minister Nirmala Sitharaman today hiked the securities transaction tax (STT) on sale of options as well as futures by 25% each. Under the new rules, option sellers will have to pay Rs 6,250 STT on turnover of Rs 1 crore vs earlier applicable levy of Rs 5,000. This translates into a hike of around 25%.

Old Pension Scheme Alternative: Finance Ministry Discusses On Minimum Guaranteed Pension Plan

Old Pension Scheme Alternative: Finance Ministry Discusses On Minimum Guaranteed Pension Plan

Tue, Mar 21, 2023

Amid protests in many states against the New Pension Scheme, sources from the Ministry confirmed that the government has prepared an alternative to the Old Pension Scheme. Discussions have been going on in the Finance Ministry regarding guaranteed returns in New Pension Scheme. Know complete details on the news from Tarun Sharma.

Petrol, Diesel To Come Under GST If States Agree: FM, If It Happens What Will Be The Consequences?

Petrol, Diesel To Come Under GST If States Agree: FM, If It Happens What Will Be The Consequences?

Thu, Feb 16, 2023

Will petrol, diesel come under GST? What did the Finance Minister Nirmala Sitharaman say on bringing GST in petroleum products? Where is VAT charged the most? What will be the impact of bringing GST in petroleum products? Know from Varun Dubey.

Will continue free food programme this year to ensure that no family goes hungry: FM Nirmala Sitharaman

Will continue free food programme this year to ensure that no family goes hungry: FM Nirmala Sitharaman

Wed, Feb 15, 2023

She also informed that the central government is collaborating with the states, as well as the Tier III administrations, such as the Panchayats or ward-level administrations, to ensure that MSME priorities remain at the top of the agenda.

Indian regulators are very much experienced and expert: Sitharaman on SC’s concern over Adani-Hindenburg row

Indian regulators are very much experienced and expert: Sitharaman on SC’s concern over Adani-Hindenburg row

Sat, Feb 11, 2023

Adani group companies have lost US $100 billion in market value since the US short-seller Hindenburg Research came out with a damning report alleging fraud at the conglomerate helmed by Gautam Adani.

Pro-poor and for common man: Finance Minister explains Budget 2023 focusses on job creation, small business and gives income tax relief

Pro-poor and for common man: Finance Minister explains Budget 2023 focusses on job creation, small business and gives income tax relief

Fri, Feb 10, 2023

Budget 2023: Finance Minister Nirmala Sitharaman defended this year's Union Budget presented by her on February 1 as being pro-poor and for the common man.

Finance Minister Nirmala Sitharaman Speaks During General Discussion On Budget 2023 In Lok Sabha

Finance Minister Nirmala Sitharaman Speaks During General Discussion On Budget 2023 In Lok Sabha

Fri, Feb 10, 2023

Watch Union Finance Minister Nirmala Sitharaman's reaction during the general discussion on Budget 2023-2024 in Lok Sabha.

FM Nirmala Sitharaman Indicated To Reduce GST On Cement

FM Nirmala Sitharaman Indicated To Reduce GST On Cement

Wed, Feb 08, 2023

Finance Minister Nirmala Sitharaman indicated to reduce GST on Cement. The committee will consider the demands of the industry. Know full details from Arman Nahar.

Sitharaman Says Demand For Lower GST On Cement To Be Considered

Sitharaman Says Demand For Lower GST On Cement To Be Considered

Wed, Feb 08, 2023

Finance Minister Nirmala Sitharaman indicated to reduce GST on cement. The demand of the industry is to reduce GST on cement. Finance Minister Nirmala Sitharaman said - The fitment committee will consider 28% GST on cement.

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