Nirmala Sitharaman

Finance Minister Nirmala Sitharaman on June 18 asked to move towards a Unified Lending Interface and deepen reach into rural markets, as India moves towards a “phygital” financial ecosystem.

The controversial provision denied refunds if the taxpayers filed their returns after the deadline, BS said citing a top government official

Inaugurating the DRI's new headquarters in New Delhi, the minister said enforcement agencies must evolve in sync with the growing complexity of global trade and security threats

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

The record numbers indicate renewed confidence in the coal sector as the Indian government seeks to ensure energy security for the country through thermal power till the time firm renewable energy becomes affordable.

FM stresses need for swift and seamless approvals to boost investor confidence and support global trade negotiations

The committee is likely to focus on reducing compliance burden for businesses acriss states, and may recommend steps to states to digitise systems, provide incentives to businesses, and liberalise standards and controls.

FM Sitharaman outlined Centre's commitment to fiscal prudence, and said the government gave itself a 'year-by-year target' to bring down deficit below 4.5 percent by FY26. "That’s exactly what we’ve been following without fail, each year,” added the Finance Minister.

The US president had slapped a 26 percent reciprocal levy on India on April 2. Later, on April 9, he announced a 90-day pause on the steeper tariffs that excluded China.

There is Rs 30 lakh crore of tax amount stuck up in disputes, Rs 15 lakh crore for which the cases are in court, the former Infosys CFO said

The confrontation began when Vaiko expressed concerns about Tamil Nadu fishermen and made a remark that was interpreted as a threat: "Tamil Nadu, you enter Tamil Nadu, I'll see you."

India must stand with saner voices in the world such as Canada, Britain, France, Germany and Japan and collectively do everything to prevent a tariff and trade war, Chidambaram stated.

The Finance Bill 2025-26 proposes eliminating the 6 percent Equalisation Levy on online advertising services, effective April 1, 2025, a move that will benefit tech giants like Google, Meta.

In the Rajya Sabha, the Opposition criticised PM Narendra Modi for not visiting Manipur after violence struck the northeastern state and said the imposition of President's Rule is not healthy for democracy.

Sitharaman questioned why the DMK did not protest against the rupee symbol when it was officially adopted under the then Congress-led UPA government in 2010. The DMK and Congress are allies and are a part of the ruling alliance in Tamil Nadu.

High-cost debts are being repaid to ease borrowing rates, Sitharaman said in the Lok Sabha during the ongoing Parliament session

Nirmala Sitharaman also said that amid a growing global tariff war, India will have to move ”smartly” to guard against possible dumping of goods from countries that are facing higher US tariffs.

Mumbai, Mar 8 Finance Minister Nirmala Sitharaman on Saturday said the GST rates will come down further and the work on rationalising tax rates and slab..

In the Jan Vishwas Act 2023, more than 180 legal provisions were decriminalised. ”Our government will now bring up the Jan Vishwas Bill 2.0 to decriminalise more than 100 provisions in various laws

Finance minister Nirmala Sitharaman in her Budget for FY26 announced a National Nuclear Energy Mission, calling for private participation in the nuclear power sector