Ahead of the Union Budget 2025, the Union Finance Minister Nirmala held a pre-consultation meeting with the finance ministers of the states and UTs. During the meeting, the states raised key demands from the Centre.
Trudeau has said he plans on leading the Liberal Party into the next election, but many party members have said they don't want him to run for a fourth term, and Freeland's departure was a huge blow.
Recalling her experience as a student in Tamil Nadu, Finance Minister Nirmala Sitharaman shared her experience when learning Hindi and Sanskrit was looked down upon in the southern state.
An FIR has been filed against Union Finance Minister Nirmala Sitharaman following allegations of electoral roll fraud. The case involves BJP leaders and Enforcement Directorate officials under charges of extortion and conspiracy. The controversy has sparked a political debate.
Finance Minister Nirmala Sitharaman highlighted the crucial role of banks in India's vision for 2047. She called for enhanced infrastructure development, MSME support, financial inclusion, and digital security while praising the global success of UPI.
NPS Vatsalya Scheme: The Union Finance Minister will also launch an online platform for subscribing to NPS Vatsalya, release of scheme brochure, and distribute Permanent Retirement Account Number (PRAN) cards to new minor subscribers.
There has been a widespread demand to remove the 18 per cent GST on health insurance premiums so that the extra burden is not imposed on the insured, thereby increasing the ambit of coverage.
The Fitment Committee, comprising the Centre and state tax officials, on Monday presented a report giving data and analysis and implications of GST reduction on life, health and reinsurance premiums.
Finance Minister Nirmala Sitharaman urged banks to prioritise their core business activities, emphasising the necessity of collecting deposits and lending with increased strictness.
Centre has brought an amendment to the Finance Bill 2024, to allow taxpayers to select either a 12.5 per cent long-term capital gains tax rate without indexation or a 20 per cent rate with indexation for property acquired before July 23 this year.
The I-T department's helpdesk has been operational 24x7, offering support through calls, live chats, WebEx sessions, and social media to assist taxpayers with ITR filing and related services.
The Enforcement Directorate (ED) is currently investigating the 187-crore Valmiki scam in Karnataka. So far, former Karnataka Minister and Congress leader B Nagendra has been arrested in the case. He is under judicial custody.
Nirmala Sitharaman, Union Finance Minister allocated the highest amount to Defence among all the ministries. The allocation for the Defence Ministry is 12.9 per cent of the total budget for fiscal year 2024-25.
Nirmala Sitharaman stated that no decision has been made on scrapping the old regime, emphasising the government's intention to simplify the tax system. The revised New Tax Regime aims to provide annual tax savings for individual taxpayers, effective from April 1, 2024.
Union Finance Minister Nirmala Sitharaman, during a press conference on the Union Budget 2024, announced a simplified approach to taxation aimed at boosting investment, with the average taxation reduced to 12.5 per cent. She also emphasised the need to widen the tax net and highlighted the increase
During Union Budget 2024, Finance Minister Nirmala Sitharaman presented an outlay of Rs.1.48 lakh crore for education, employment, and skilling. Check details here.
Finance Minister Nirmala Sitharaman presented the Union Budget for the fiscal year 2024-25, outlining the government's economic priorities and financial plans. One of the key highlights of the budget is the fiscal deficit target, which has been set at 4.9 per cent of gross domestic product (GDP).
Budget 2024: Finance Minister Nirmala Sitharaman is set to present the first budget of Modi 3.0 in Lok Sabha, marking her seventh budget presentation. Prime Minister Modi emphasised the budget's significance in the "Amrit Kaal" journey towards a developed India by 2047.
Presented ahead of the Union Budget, the Economic Survey document gives insights into the state of the economy and various indicators of 2023-24 (April-March) and some outlook for the current year.
Railway budget 2024: Key investments include increased funding for network expansion, high-speed rail projects like the Mumbai-Ahmedabad corridor, and safety upgrades such as track renewal and advanced signalling systems.
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