Union Finance Minister Nirmala Sitharaman

'I am entitled to relief' says Vijay Mallya after Rs 14,131 crore recovery claim

Mallya, the former owner of Kingfisher Airlines, has been accused of defaulting on loans worth thousands of crores, leading to a long-running legal battle.

Karnataka Minister Priyank Kharge demands FM Nirmala Sitharaman’s resignation

He alleged that companies which incurred huge losses have made significant donations to the BJP through the Electoral Bond scheme and the court found valid grounds to direct the police to register an FIR against Sitharaman and others

FIR registered against FM Sitharaman over complaints relating to electoral bonds scheme

An FIR was registered under sections 384 (punishment for extortion) and 120B (criminal conspiracy) read with 34 (acts done by several persons in furtherance of common intention) against Union Minister Nirmala Sitharaman, ED officials, office-bearers of the BJP at state and national level, based on the order of a special court

Confident of managing inflation while keeping growth robust, says FM Sitharaman

When asked if a 7% GDP forecast is realistic, the Finance Minister, who presented the interim Budget 2024 on February 1, said the Chief Economic Advisor too has elaborated why 7% is not hard to achieve

Participation of women in workforce has increased: FM Nirmala Sitharaman

In STEM courses, females constitute 43 percent of enrollment, one of the highest rates in the world.

Union Budget 2024: FM Sitharaman to present fourth paperless budget on February 1

The Finance Ministry said in a release on January 24 that all the Budget documents will be available in digital mode on the ‘Union Budget Mobile App’, and shall be accessible to all.

G20 Presidency gives clear direction to address needs of majority global population: FM

"However, we still have work left to do," the minister said in an inaugural address at the Seminar on 'Strong, Sustainable, Balanced and Inclusive Growth', organised by the ministries of finance and labour, and the commerce department.

28% GST on online gaming: Industry players react to FM’s announcement

Only established and well-entrenched skill gaming companies may be able to scrape through this change by using their existing capital reserves to counter the effects of increased tax liability, the All India Gaming Federation said

School closures caused extreme learning losses, need to be prepared for next pandemic, says World Bank president Ajay Banga

The World Bank had previously noted the prolonged closure of schools due to the COVID-19 pandemic in India may cause a loss of over $400 billion in the country's future earnings, besides substantial learning losses.

Domestic consumption provide natural cushion to India against global slowdown, says Banga

Union Finance Minister Nirmala Sitharaman, Banga said he discussed issues related to G20 and cooperation between the World Bank and India.

Budget 2023: TDS on listed bonds may hit investor returns; here’s what experts say

The government has removed clause (ix) under section 193 of the Income Tax Act which deals with exemption from TDS. A 10 per cent tax may be applicable on all listed and unlisted bonds.

Budget 2023: What gets cheaper and what is dearer — check list here

Finance Minister Nirmala Sitharaman also announced that the customs duty exemption on manufacturing of cold-rolled grain -oriented (CRGO) steel, ferrous scrap will continue while basic customs duty on TV panels will be reduced to 2.5 percent.

Budget 2023: MSMEs get Rs 9,000 cr corpus for revamped credit guarantee scheme

It will be effective from April 1, 2023.

Budget 2023-24: The Moneycontrol Manifesto

This budget should be the perfect platform to help India hit the $5 trillion economy target by 2025. Among other things, there is a compelling case to make investments in securities more attractive by introducing a uniform tax rate of 10% for long-term capital gains and 15% for short-term capital gains.

Welcome Supreme Court judgement on demonetisation: Finance Minister Nirmala Sitharaman

"Welcome the Hon'ble Supreme Court's judgement today on Demonetization. A five-judge Constitution Bench (via a 4-1 majority) has upheld the Demonetization after carefully examining the issue & has dismissed several petitions challenging the decision," Sitharaman said in a series of tweets.

'We can't be ignored any more', Sitharaman bats for more women on boards, in top positions

"We are not asking for inclusivity; we are not asking for gender parity. You want more profit, get me in," the minister said at a women directors conclave in Mumbai

GST at 5 | FM Nirmala Sitharaman inaugurates the 5th GST Day celebration

India celebrates July 1 as the GST Day to mark the implementation of the Goods and Services Tax (GST) that replaced the old indirect tax regime in the country.

47th GST Council Meeting: FM Nirmala Sitharaman announced the outcomes of two-day meet while addressing media

Finance Minister Nirmala Sitharaman addressed the media on June 29 to announce the outcomes of the two-day meeting of the 47th Goods and Services Tax (GST) Council in Chandigarh.

'Yoga for Humanity' | India celebrates International Yoga Day 2022

From icy Himalayan heights to India’s southern coast, soldiers, political leaders and citizens came together to celebrate the eighth International Yoga Day on June 21. The theme for this year is Yoga for Humanity

Centre cuts excise duty on petrol by Rs 8 per litre, on diesel by Rs 6 per litre

This will reduce the price of petrol by Rs 9.5 per litre and of Diesel by Rs 7 per litre. The government will give a subsidy of Rs 200 per gas cylinder (upto 12 cylinders) to over 9 crore beneficiaries of Pradhan Mantri Ujjwala Yojana, added Sitharaman.

India looking at tapping new markets for edible oil: Finance Minister Nirmala Sitharaman

"Everyone knows there is a war going on between Russia and Ukraine. There are various hurdles in terms of importing oils. You know we are not able to import edible oil, we were getting sunflower oil. Now, we are not," Nirmala Sitharaman said at an event.