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Nirmala Sitharaman

Nirmala Sitharaman

DOB: August 18, 1959

Nirmala Sitharaman joined the BJP in 2008 and has served as a spokesperson for the party. In 2014, she was inducted into Narendra Modi's cabinet as a junior minister and in June 2014, she elected as a Rajya Sabha Member from Andhra Pradesh. In May 2016, she was one of the 12 candidates nominated by the BJP to contest the Rajya Sabha elections due on 11 June 2016. She successfully contested her seat from Karnataka. On 3 September 2017, she was elevated to Defence Minister. After Narendra Modi was re-elected in 2019 she became the first full time woman after Indira Gandhi to hold the Finance Minister post.

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NEWS

FM Sitharaman to meet trade and industry to assess

FM Sitharaman to meet trade and industry to assess Coronavirus impact

Business | Feb 14, 2020, 11:44 PM IST

Finance Minister Nirmala Sitharaman will on Tuesday assess the impact of Coronavirus, presently endemic in China, on Indian trade and industry, the Finance Ministry said on Friday. 

IIP contracts again in Dec; retail inflation jumps to 68-month high of 7.59 pc in Jan

IIP contracts again in Dec; retail inflation jumps to 68-month high of 7.59 pc in January

Business | Feb 13, 2020, 01:08 PM IST

A day after Finance Minister Nirmala Sitharaman said economic growth was rebounding, government data on Wednesday showed that industrial output contracted by 0.3 per cent in December while retail inflation jumped to a 68-month high of 7.59 per cent in January on high food prices.

Laid foundation for USD 5 trillion economy in budget, says Sitharaman

Laid foundation for USD 5 trillion economy in budget, says Sitharaman

Business | Feb 09, 2020, 10:24 PM IST

Finance Minister Nirmala Sitharaman on Sunday said that the foundation for achieving the goal of USD 5 trillion economy by 2024-25 has been laid in the union budget which stressed on increasing capital expenditure for infrastructure. 

Data analytics, Artificial Intelligence helped improve GST collections: Nirmala Sitharaman

Data analytics, Artificial Intelligence helped improve GST collections: Nirmala Sitharaman

Business | Feb 08, 2020, 10:38 PM IST

Finance Minister Nirmala Sitharaman said here on Saturday that the government was taking several steps like using data analytics to plug loopholes in the Goods and Services Tax collection and prevent particular areas of misuse and gaming of the system. During the last three months, the GST collection crossed Rs one lakh crore every month, she said addressing a press conference here on budget 2020-21.

Rahul Gandhi, Economy, PM Modi, Narendra Modi, Budget 2020, union budget, Nirmala Sitharaman

'Please try your magical exercise to start economy': Rahul Gandhi to PM Modi

India | Feb 03, 2020, 09:08 AM IST

Taking a jibe at PM Modi, Congress leader Rahul Gandhi posted an old video of Prime Minister exercising saying please try "your magical exercise routine a few more times" as it may just start the economy. His statement has come in the backdrop of Union Budget 2020 which according to Gandhi was hollow and lacked roadmap to revive economy.

Sitharaman, NRI,

Government has rights over NRIs' 'only' India income: FM Sitharaman

Business | Feb 02, 2020, 11:07 PM IST

Finance Minister Nirmala Sitharaman on Sunday said the government has full sovereign right on the income generated by an NRI in India and as such he will be taxed as per Indian laws. 

7th Pay Commission: In Budget 2020, what's in there for

7th Pay Commission: In Budget 2020, what's in there for central govt employees and what's NOT

Business | Feb 03, 2020, 08:04 AM IST

7th Pay Commission: The PM Modi-led Central government introduced the Union Budget for FY 2020-2021 in Parliament on Saturday. Lakhs of govt employees awaited for some good news for them in the new budget 2020.

Amazon, Flipkart, Budget 2020, Budget

Amazon, Flipkart to approach govt for clarification on Budget proposal

Business | Feb 02, 2020, 02:47 PM IST

Amazon and Flipkart are studying Budget 2020 as the government has proposed a new levy of 1 per cent TDS (tax deducted at source) on e-commerce transactions, a move that could increase burden on sellers on such platforms.

India Inc terms Budget as growth provoking, says implementation crucial

India Inc terms Budget as growth provoking, says implementation crucial

Business | Feb 01, 2020, 09:11 PM IST

India Inc on Saturday termed the Budget as "growth provoking and welfare inducing" but said that urgent implementation of the measures proposed will be crucial for achieving desired outcomes, while acknowledging that Finance Minister Nirmala Sitharaman had "little room" to manoeuvre.

Representative image

Union Budget 2020: NRIs not paying taxes elsewhere will now be taxed in India

Business | Feb 01, 2020, 09:07 PM IST

The Budget also proposed to reduce the period of stay in India to 120 days from 182 days earlier for persons of Indian origin (PIOs) to be categorised as NRIs

Vijay Kumar, MD and CEO, NCDEX

NCDEX welcomes 16-point plan for agriculture sector

Business | Feb 01, 2020, 08:32 PM IST

National Commodity & Derivatives Exchange Limited (NCDEX) on Saturday welcomed the Finance Minister Nirmala Sitharaman's 16-point agenda for the development of agriculture and the Government's goal of doubling farmers' income.

Budget 2020, union budget, nirmala sitharaman

Budget 2020 is realistic, balanced, development oriented: Prof JD Agarwal

Business | Feb 01, 2020, 09:06 PM IST

Budget 2020-21 is a well balanced, development-oriented, non-inflationary giving boost to investment & consumption & containing fiscal deficit of to a reasonable level at 3.5 percent.

Sitharaman 'concealed' agri-related figures in her budget speech, claims Yogendra Yadav

Sitharaman 'concealed' agri-related figures in her budget speech, claims Yogendra Yadav

Business | Feb 01, 2020, 07:07 PM IST

Hours after Finance Minister Nirmala Sitharaman announced the Union Budget, Swaraj India President Yogendra Yadav accused her concealing the figures of actual allocation in her speech. He maintained that the Union Budget presented by the Finance Minister Shrimati Nirmala Sitharaman today represents the biggest onslaught on Indian agriculture and farmers witnessed in recent times and is nothing short of declaring war on them.

A representative image of a farm

Union Budget 2020: Govt cuts allocation for PM-Kisan by 27.5 pc; Tomar hails PM, FM

Business | Feb 01, 2020, 06:38 PM IST

Amid concerns that lower funds had been earmarked for the PM-Kisan scheme, Union Agriculture Minister Narendra Singh Tomar hailed the Budget 2020 saying adequate fund to the tune of Rs 1.60 lakh crore has been allocated for agriculture and its allied sector

Budget 2020, Electric Vehicles, Electric Vehicles Budget 2020

What's for Electric Vehicles segment in Budget 2020

Business | Feb 01, 2020, 05:54 PM IST

Finance Minister Nirmala Sitharaman presented her second union budget with an aim to revive the economy and speed up growth amid global slowdown. Here's a quick guide as to what Budget has brought for the Electric Vehicles makers and consumers.

Budget 2020: Who got what | Full list

Budget 2020: Who got what | Full list

Business | Feb 01, 2020, 05:19 PM IST

Finance Minister Nirmala Sitharaman today presented the Budget for financial year 2020-21 in Lok Sabha. Sitharaman announced cuts in personal income tax, extended tax benefits for affordable housing and gave relief to companies on payment of dividend in the Union Budget as the government looked to boost consumption to bring the economy out of the slowdown. 

Sitharaman stresses upon improved flow of funds to northeast

Budget 2020: Sitharaman stresses upon improved flow of funds to northeast

Business | Feb 01, 2020, 05:04 PM IST

The northeast region has a very high priority in government's developmental agenda, said the Union Finance Minister Nirmala Sitharaman on Saturday, stressing upon that the government will to ensure smooth access to financial assistance from funding agencies.  

FM introduces mega reforms with capital push

Banking sector: FM introduces mega reforms with capital push

Business | Feb 01, 2020, 04:56 PM IST

Finance Minister Nirmala Sitharaman on Saturday unveiled several reforms across the banking sector, financial markets and infrastructure financing. 

union budget, budget 2020, nirmala sitharaman,

Budget 2020: ₹ 28,600 cr earmarked for women-related program

Business | Feb 01, 2020, 04:52 PM IST

The first full-time woman Finance Minister Nirmala Sitharaman presented the Union Budget in Parliament on Saturday. In this budget, the Finance Minister proposed ₹ 28,600 allocation for programs that were specific to women.

Govt intends to remove all income tax exemptions in long

Govt intends to remove all income tax exemptions in long run: Sitharaman

Business | Feb 01, 2020, 04:35 PM IST

After slashing income tax rates for individuals on condition that they give up exemptions and deductions, Finance Minister Nirmala Sitharaman on Saturday said the government intends to remove all I-T exemptions in the long run.

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