Tag: Union Finance Minister Nirmala Sitharaman

RBI’s Gold Purchases Not Aimed at Replacing the Dollar for International Settlements: Sitharaman in Lok Sabha

Sitharaman acknowledged that gold remains a popular investment in India, particularly among households, small businesses, and women.

February 10, 2025

Budget Session 2025: General Discussion on Union Budget in Parliament Today

A new Income Tax Bill, set to replace the Income Tax Act of 1961, is expected to be introduced in Parliament today.

February 6, 2025

“Not Just for Bihar, But for the Entire Nation”: Union Minister Manjhi Defends Union Budget Amid Opposition Criticism

He also expressed gratitude for the formation of the Makhana Board, calling it a positive development, and praised the budget for benefiting all sections of society.

February 2, 2025

Union Budget 2024-25: Major Tax Relief and Manufacturing Push, but Opposition Criticizes Silence on Unemployment

Congress leader P Chidambaram slammed the government for continuing on a “worn-out path,” accusing the administration of ignoring the advice of the Chief Economic Advisor on deregulation.

February 2, 2025

Opposition MPs Accuse NDA Govt of Favoring Bihar, Ignoring Other States in Union Budget

Shiromani Akali Dal MP Harsimrat Kaur Badal also expressed discontent, accusing the government of neglecting Punjab and farmers.

February 1, 2025

Congress Criticizes Union Budget 2025, Accusing Government of Political Agenda

Congress MP Kiran Kumar Chamala was among the first to speak out, claiming that the budget was timed strategically for political purposes.

February 1, 2025

Union Budget 2025: Key Changes in Customs Duties – What’s Cheaper and What’s Costlier

To ease the financial burden on patients, especially those with chronic conditions, the government has announced significant changes to the import duties on lifesaving drugs.

February 1, 2025

Big Relief for Middle Class: No Income Tax on Earnings Up to Rs 12 Lakh

For salaried taxpayers, the income tax exemption will extend up to Rs 12.75 lakh, factoring in a Rs 75,000 standard deduction.

February 1, 2025

Union Budget 2025-26: FM Sitharaman Unveils Modified UDAN Scheme for 120 New Destinations

The revamped initiative will connect 120 new destinations and enable the transportation of 4 crore additional passengers over the next decade.

February 1, 2025

Budget 2025: FDI Limit for Insurance Sector Raised to 100%

The Insurance Regulatory and Development Authority of India (IRDAI) has set an ambitious goal of achieving "Insurance for All" by 2047.

February 1, 2025