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  • FM cautions GST field formations against burdening taxpayers, pushes for tech-driven compliance

    Simplified GST registration from November 1 to benefit 96 percent of new applicants; Sitharaman urges shift away from ‘GST 1.0 mindset’

  • India’s fintech revolution has expanded access to credit: FM Sitharaman

    Finance Minister Nirmala Sitharaman highlighted fintech’s role in financial inclusion and digitising credit access, while also emphasising India’s self-funded green transition amid global energy challenges.

  • Nirmala Sitharaman LIVE: Finance Minister In An Exclusive Chat With News18 After GST Reforms

    In a post-GST reforms special, Finance Minister Nirmala Sitharaman speaks exclusively to News18, breaking down the key impact of India’s GST evolution, its effect on small businesses, state revenues, and long-term economic growth.

  • India’s policy response to trade restrictions has focused on market diversification: FM Sitharaman

    The minister was speaking at the BRICS Finance Ministers and Central Bank Governors (FMCBG) meeting held in Rio de Janeiro, Brazil.

  • Credit rating agencies’ methodologies fail to reflect India’s growth, fiscal strength: FM

    India renews push for reform of global credit rating system to lower emerging markets’ financing costs

  • Nirmala Sitharaman hails 'resilient' exporters, promises all support in face of global challenges

    Nirmala Sitharaman also said trade talks with the US are ongoing and are likely to conclude soon

  • iPhone manufacturers cross 20% local sourcing from India, says Nirmala Sitharaman

    Apple has scaled up domestic value addition and component manufacturing as global supply chains realign

  • FM to review CBIC and CBDT performance; Refund delays, vigilance pendency in focus in June

    Timely refund processing, cargo dwell time, and litigation backlog to dominate Finance Minister’s interactions with tax field formations

  • India sustaining status as fastest-growing economy for fourth consecutive year: FM Sitharaman

    Sitharaman said the economy’s momentum had stayed strong despite global volatility and scepticism.

  • AI-adopting industries to power India’s rise as third-largest economy: FM

    “We are making provision for small modular nuclear reactors to produce sustained base energy, because renewable yet to find its storage system,” she said.

  • Fintech firms powering MSMEs via digital public infra, says FM Sitharaman

    Finance Minister during her visit to Indian fintech company Pine Labs lauded fintech firms’ contribution to expanding country's Digital Public Infrastructure (DPI)

  • FM Sitharaman likely to review PSU banks’ FY25 performance on May 15

    The Finance Minister is also expected to nudge banks to strengthen governance, risk compliance, and lending practices, particularly in the context of ongoing heightened global tensions.

  • Sitharaman asks banks to ensure round-the-clock firewalling, prioritise cash in ATMs in review meet on cybersecurity

    Phishing attempts are being closely monitored and bank employees have received internal alerts to boost cyber awareness, banks said.

  • Nirmala Sitharaman to review cybersecurity prep of banks amid escalating India-Pakistan conflict

    The meeting this evening comes as worries about a cyberattack on India's banking infrastructure mount over growing intensity of drone and missile attacks between the two countries

  • India, Italy discuss deeper trade ties in clean energy, agri-tech: Finmin

    PLI incentives, fintech collaboration and MDB reforms figure in bilateral talks at ADB meet

  • NPCI seeks third-party audit to limit UPI transaction status checks by banks

    NPCI has also mandated that banks can initiate a maximum of three check transaction status APIs, preferably within two hours from the initiation/authentication of the original transaction.

  • Bilateral arrangements are going to be the order of global trade, says Nirmala Sitharaman

    If multilateral institutions are not effective, there is need to rethink the idea of 'most favoured nation' , she has said

  • Insurance FDI: Guardrails being put in place to ensure investments, profits stay in India, says FM

    The finance minister has said the government’s focus has not shifted from capital expenditure to consumption expenditure

  • EV industry welcomes Union Budget's push on local manufacturing and customs duty exemptions on batteries

    Industry leaders have largely welcomed the government’s emphasis on domestic manufacturing, customs duty exemptions, and sustainability-focused initiatives.

  • A landmark Budget for growth and middle class empowerment

    There is a compelling need for further simplification of personal income tax, specifically in adopting a more streamlined three-slab system in place of the current complex structure, writes Mohandas Pai

  • Budget 2025 Expectations: Budget must give education sector significant boost, says expert

    Finance Minister Nirmala Sitharaman will present the Union Budget 2025 on February 1 next month.

  • Revamped Income Tax Act likely to take over a year to get implemented

    Sources tell Moneycontrol that the implementation of the proposed IT Act will take over a year. The proposed overhaul envisages an extensive review of the current Act, which spans 23 chapters. A review committee, comprising 23 sub-committees and working groups, is scrutinising each chapter to identify areas for improvement.

  • FM flays Rahul over bank remark, says people benefited from stronger banking system

    Gandhi after meeting a delegation from the All India Banking Officers Confederation accused the government of using public sector banks, the "lifelines of the masses", as an unlimited source of funds for their "fraudulent friends".

  • Economists warn against RBI cutting interest rates amid high inflation

    The discussion comes ahead of RBI’s December monetary policy meeting, where all eyes will be on Governor Shaktikanta Das's next move

  • India to lead global discourse while maintaining neutrality in foreign affairs, says FM Sitharaman

    "A picture is today emerging of India with its affiliations to several blocs, keeping its neutral, non-aligned position."

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