New Delhi: India has the necessary wherewithal to meet the goal set by Prime Minister Narendra Modi, said Finance Minister Nirmala Sitharaman.

A proposal regarding this was first floated as part of the liquidity package announced during the pandemic in May 2020.

India's gross direct tax collection grew 20.33 per cent to over Rs 19.68 lakh crore in 2022-23 fiscal. As per the return filing data shared by Sitharaman, the number of persons who filed income tax returns during the last four years has shown an increase.

G20 meet: The talks between the two also included strengthening Multilateral Development Banks and global debt vulnerabilities.

Finance Minister of India Nirmala Sitharaman and Gujarat's Chief Minister Bhupendra Patel along with popular fashion designers Ritu Bery, Anju Modi, and Payal Jain walked the ramp at an event organised by NIFT Gandhinagar.

The government has announced key changes in the existing GST tax slabs of various goods and services after the 50th GST Council meeting chaired by Finance Minister Nirmala Sitharaman. Here's what has become cheaper and costlier.

The GST Council, which held its 50th meeting under the chairmanship of Union Finance Minister Nirmala Sitharaman, decided to remove the distinction of game of skill and chance in case of online gaming.

FM Sitharaman released a short film titled 'GST Council - 50 steps towards a journey' on the occasion of 50th meeting of GST Council in New Delhi.

Nirmala Sitharaman on GST: Finance Minister added that many common-use items and services have been exempted from GST for the benefit of the people.

Public sector banks (PSBs) net profit nearly tripled from Rs 36,270 crore in FY2014 to Rs 1.04 lakh crore in FY23.

The multiplicity of taxes in the pre-GST regime resulted in a "tax-on-tax" effect, causing the same product to be taxed multiple times and hence becoming costlier for the consumers, Finance Minister Nirmala Sitharaman said at the GST Day 2023.

Nirmala Sitharaman reacted to former US President Barack Obama's remarks that India could potentially start "pulling apart" if minority rights aren't protected.

The minister also called for a nation-wide campaign to explain the objectives of the special drive to weed out the fake entities.

Nirmala Sitharaman on Arvind Kejriwal: Addressing a 'Sarv Samaj Sammelan' hosted by Delhi BJP under its outreach campaign, Sitharaman also said that under Prime Minister Narendra Modi, India has emerged as the fastest growing economy in the world and will remain so in coming years too.

Nirmala Sitharaman daughter wedding: The intimate wedding took place at a serene resort on the outskirts of Bengaluru. Close family members and friends attended the wedding.

As many as 20 Opposition parties have announced their decision to boycott the inauguration of the new Parliament building by Prime Minister Narendra Modi on May 28.

Sitharaman in Japan: According to the finance ministry, the senior leader is on an official two-day visit to Niigata, Japan, for a 'Dialogue with partner countries' at the G7 Finance Ministers and Central Bank Governors meeting tomorrow (May 12).

ADB Annual Meeting: Participating in the 56th ADB Annual Meeting in South Korea, Nirmala Sitharam elaborated on the vision and reforms-oriented approach towards good governance under the leadership of Prime Minister Narendra Modi to shape 'New India'.

The total Indirect Tax collections for the 2022-23 fiscal stood at Rs 13.82 lakh crore, up from Rs 12.89 Lakh crore in 2021-22.

Union Minister Nirmala Sitharaman said there are many ponzi apps on which we're working with concerned ministry and RBI and clamping down on them like never before.