Nirmala Sitharaman News
Nirmala Sitharaman took over as the Finance Minister of India in 2019 under the Narendra Modi-led government at the Centre after former FM Arun Jaitley stepped aside on health grounds. She is India’s first full-time female Finance Minister. She joined the BJP in 2006 and has come to be known as one of the highly influential figures in the political party. She was named one of Forbes “100 Most Powerful Women” in the world. She presents Union Budgets every year in February. In 2019, reduction in corporate tax rates under her leadership significantly helped the In
‘Wish I could bring down taxes to nil, but India has challenges, govt needs money,’ says FM Nirmala Sitharaman
The finance minister justified India’s tax structure and said that the country needs the money to face challenges and conduct research and development activities.
2 min read14 Aug 2024States should have heart to take call on removal of 18% GST on insurance: Nirmala Sitharaman
FM Nirmala Sitharaman told the Opposition in Lok Sabha that those demanding the removal of 18% GST on premiums on life and medical insurance should ‘first convince their respective state’s finance ministers’, adding that opposition-ruled states ‘should make recommendations at the GST Council meet’.
2 min read8 Aug 2024Modi’s Tax Plan Is Squeezing the Middle Class
Tweaks announced in the budget aren’t going down well with the Indian prime minister’s loyal voter base.
4 min read30 Jul 2024Gold rate today tanks ₹4,000 per 10 gm after Budget 2024. Opportunity to buy?
Gold rate today is in $2,400 to $2,450 per ounce range. Bullish or bearish trend can be assumed on the breakage of either side of this range, say experts
2 min read23 Jul 2024Budget 2024: Did FM Nirmala Sitharaman meet demands of southern states?
Budget 2024: Finance Minister Nirmala Sitharaman presented the Union Budget on Tuesday, with several sops announced for Bihar and Andhra Pradesh. However, nothing directly related to the southern states, including Tamil Nadu, Kerala, and Karnataka, was announced.
3 min read23 Jul 2024Budget 2024: Top 5 blows that FM Nirmala Sitharaman announced for Indian stock market
Top 5 blows that FM Nirmala Sitharaman announced in Budget 2024 includes rise in STT rate on F&O, Rise in STCG tax, rise in LTCG tax, etc
1 min read23 Jul 2024’Glad Nirmala Sitharaman read Congress manifesto’: What Opposition said on Budget 2024
The Finance Minister presented the first Union Budget of the Modi 3.0 government and her seventh consecutive one during the Monsoon Session of Parliament.
3 min read23 Jul 2024FM Nirmala Sitharaman doubles STT on F&O in Budget 2024
In Budget 2024, FM Nirmala Sitharaman raised STT rate applicable for Equity and Index trades from 0.01% to 0.02%
1 min read23 Jul 2024Budget 2024: From F&O to GST optimisation — five things that Indian stock market seeks from FM Nirmala Sitharaman
Budget 2024 expectations: No change in capital gain tax, aggressive divestment policy, etc. are one of those major demands that the Indian stock market seeks from FM Nirmala Sitharaman
2 min read23 Jul 2024Budget Session of Parliament begins today. Opposition to corner Modi govt on NEET-UG, Agniveer and Kanwar Yatra rule
Budget Session of Parliament begins today: The three-week Session, that will see Finance Minister Nirmala Sitharaman presenting a record seventh straight budget (2024-25), comes in the backdrop of changed political landscape in the country.
2 min read22 Jul 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared