Nirmala Sitharaman: News
31 Dec 2021
GSTGST Council decides to postpone tax hike on textiles
The Goods and Services Tax (GST) Council Friday decided to defer the proposed hike in GST rate on textiles, said Union Finance Minister Nirmala Sitharaman.
27 Dec 2021
GSTGST changes from January 1: Here's how it impacts prices
The Goods and Services Tax (GST) regime will witness a host of tax rate and procedural changes starting January 1, 2022.
08 Dec 2021
IndiaSitharaman, 3 other Indians named among Forbes' 'most powerful women'
Union Finance Minister Nirmala Sitharaman made it to Forbes' list of the world's most powerful women in 2021 for the third straight year.
13 Oct 2021
IndiaSitharaman rubbishes reports of coal shortage as 'baseless'
Finance Minister Nirmala Sitharaman on Tuesday denied reports of coal shortage in the country and said these are "absolutely baseless."
16 Sep 2021
Ministry of FinanceNirmala Sitharaman announces Rs. 30,600 crore guarantee for 'bad bank'
To reduce the non-performing assets (NPA) of public sector banks, the Union Cabinet approved a plan to set up the National Asset Reconstruction Company Limited (NARCL) or the "bad bank."
16 Sep 2021
LucknowGST Council to meet in Lucknow on Friday
The GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on Friday, which among other things may review the tax rate of over four-dozen items and extend till December 31, tax concessions on 11 COVID-19 drugs.
15 Sep 2021
Narendra ModiTelecom reforms: Cabinet approves 100% FDI through automatic route
The Union Cabinet on Wednesday approved some much-needed reforms in the telecom sector, including 100% foreign direct investment (FDI) through the automatic route.
09 Sep 2021
MeghalayaKongthong among three entries for UNWTO 'Best Village Contest': Sangma
Meghalaya's whistling village Kongthong in East Khasi Hills district has been selected as one of three Indian entries for the United Nations World Tourism Organization (UNWTO) "Best Tourism Village" contest, Chief Minister Conrad K Sangma said.
03 Sep 2021
Narendra ModiCongress never monetized core, strategic assets: Chidambaram on NMP
Former Union finance minister P Chidambaram on Friday slammed the Centre's National Monetisation Pipeline (NMP), saying his Congress party monetized non-core, loss-making assets when in power, in stark contrast to what the Narendra Modi-led government proposes to do.
30 Aug 2021
Narendra ModiTripura is emerging as a model state: Giriraj Singh
Union Minister for Rural Development and Panchayati Raj, Giriraj Singh on Sunday said Tripura is emerging as a model state in the country.
24 Aug 2021
Randeep Singh SurjewalaLegalized loot, organized plunder: Congress on National Monetization Pipeline
The Congress on Tuesday described the government's infrastructure monetization plan as "legalized loot and organized plunder," alleging that the invaluable public assets created over decades are being handed over to a chosen few.
23 Aug 2021
Government of IndiaSitharaman launches National Monetization Pipeline to monetize under-utilized assets
Finance Minister Nirmala Sitharaman on Monday launched the National Monetization Pipeline worth Rs. 6 lakh crore.
22 Aug 2021
InfosysGovernment summons Infosys CEO over glitches in I-T e-filing portal
The Finance Ministry has summoned Infosys MD and CEO, Salil Parekh, over the failure of the company to address issues pertaining to the glitches in the new Income Tax e-filing portal.
18 Aug 2021
FinanceNirmala Sitharaman birthday special: These stars could lead her biopic
One of the strongest pillars of Indian politics today, Finance, Corporate Affairs Minister Nirmala Sitharaman turns 62 today.
16 Aug 2021
Government of IndiaNo excise cut on fuel; Sitharaman blames UPA-era oil bonds
Finance Minister Nirmala Sitharaman on Monday blamed the former Congress-led United Progressive Alliance government for the soaring fuel prices.
28 Jul 2021
Reserve Bank Of India (RBI)Depositors to get Rs. 5L insurance if bank under moratorium
The Indian government on Wednesday cleared amendments to the Deposit Insurance and Credit Guarantee Corporation (DICGC) Act, 1961, thus providing a big relief to the customers of failed or stressed banks.
26 Jul 2021
Reserve Bank Of India (RBI)No plans to print currency notes: Sitharaman on economic crisis
The government has no plan to print currency notes to tide over the current economic crisis triggered by the outbreak of the COVID-19 pandemic, Finance Minister Nirmala Sitharaman informed Parliament on Monday.
28 Jun 2021
Ministry of FinanceFM announces Rs. 1.1 lakh-crore loan guarantee for COVID-hit sectors
Union Finance Minister Nirmala Sitharaman addressed a key press conference on Monday, announcing a slew of economic relief measures.
09 May 2021
Mamata BanerjeeSitharaman responds after Mamata asks Modi to waive vaccine taxes
The 5% tax on COVID-19 vaccines and 12% tax on medicines and oxygen concentrators is required to keep costs low, Union Finance Minister Nirmala Sitharaman said on Sunday.
Government working to save lives, livelihood: Finance Minister
Finance Minister Nirmala Sitharaman on Monday said that she has taken inputs from various industry chambers on concerns of India Inc about the management of the COVID-19 pandemic and the government would continue to work with state governments to save lives and livelihood.
01 Apr 2021
Ministry of FinanceWithin hours, Modi government rolls back small savings rate cut
Less than 12 hours after announcing a steep reduction in small savings interest rates, the government has scrapped the order, saying it was issued by oversight.
16 Mar 2021
IndiaNot all banks will be privatized: FM amid employees' strike
Union Finance Minister Nirmala Sitharaman today assured that not all the banks will be privatized and wherever it may happen, the interest of the employees will be protected.
13 Feb 2021
Rahul GandhiRahul Gandhi becoming 'doomsday man' for India: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Saturday hit out at Congress leader Rahul Gandhi saying he is becoming a "doomsday man" for India by constantly insulting constitutional functionaries and creating fake narratives on issues.
13 Feb 2021
Union Budget2021 Union Budget sets pace for 'Aatmanirbhar Bharat': Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman on Saturday said the Union Budget 2021-22 has set the pace for India to become Aatmanirbhar Bharat, replying to debate on the Budget in Lok Sabha.
03 Feb 2021
Life Insurance Corporation of IndiaGovernment could reserve 10% of LIC IPO for policyholders
In her annual Budget speech, Finance Minister Nirmala Sitharaman said that the initial public offering (IPO) of Life Insurance Corporation of India (LIC) will be launched this year.
02 Feb 2021
Ministry Of External AffairsIndia allocates Rs. 7,148 crore as aid for several countries
India, on Monday, set aside over Rs. 7,100 crore in its Union Budget for 2021-22 as development assistance for several countries, with Bhutan getting the maximum allocation of Rs. 3,004 crore while Rs. 100 crore will be given to the Chabahar Port project in Iran.
02 Feb 2021
All India Institute Of Medical Sciences (AIIMS)Nirmala Sitharaman increases outlay for AIIMS by Rs. 310 crore
The All India Institute Of Medical Sciences (AIIMS) took a bright spot in the Union Budget as Finance Minister Nirmala Sitharaman gave it an additional Rs. 310 crore.
02 Feb 2021
Farmers ProtestFarmers plan to block roads across the nation on Saturday
Agitating Farmers have announced that they will block state and national highways for three hours on February 6, Saturday, to lodge protest against three farm laws, suspension of internet services in select areas, as well as the Union Budget presented yesterday.
01 Feb 2021
Indian RailwaysBudget 2021: Rs. 1.1 lakh crore plan for Indian Railways
Union Finance Minister Nirmala Sitharaman on Monday announced a record sum of Rs. 1.10 lakh crore for the Indian Railways in her Budget 2021 speech.
01 Feb 2021
Union BudgetBudget 2021: What gets more expensive and what gets cheaper?
Union Finance Minister Nirmala Sitharaman on Monday presented the Union Budget for the financial year 2021-2022.
01 Feb 2021
Narendra ModiBudget 2021: Nirmala Sitharaman says government committed to farmers' welfare
While presenting her third Union Budget today, Finance Minister Nirmala Sitharaman said the government is committed to the development of farmers, while also assuring that procurement of produce at the minimum support price (MSP) will continue steadily.
01 Feb 2021
Vaccine#Budget2021: Budget allocation for healthcare sector sees a 137% rise
With the COVID-19 pandemic still raging in India, healthcare has gained the prime focus in the Union Budget 2021-22 presented by Finance Minister Nirmala Sitharaman on Monday.
01 Feb 2021
Union BudgetBudget 2021: What is the voluntary vehicle scrappage policy?
During her Union Budget 2021 speech, Finance Minister Nirmala Sitharaman on Monday announced a voluntary vehicle scrappage policy.
01 Feb 2021
Bombay Stock Exchange (BSE)Sensex zooms over 1,700 points after Union Budget 2021
The Bombay Stock Exchange benchmark Sensex zoomed over 1,700 points and National Stock Exchange Nifty reclaimed the 14,000-level driven by gains in financial stocks on Monday after Finance Minister Nirmala Sitharaman presented the Union Budget, which analysts believe is growth-oriented.
01 Feb 2021
Union BudgetWith eye on education, Sitharaman announces Central University, Sainik schools
In her annual Budget speech, Union Finance Minister Nirmala Sitharaman announced a slew of education-related measures, like setting up a Central University in Leh and the establishment of 100 new Sainik schools.
01 Feb 2021
Union BudgetBudget 2021: Infrastructure gets big boost
Union Finance Minister Nirmala Sitharaman on Monday unveiled India's first post-COVID-19 Union Budget for the financial year 2021-2022.
01 Feb 2021
Union Budget#Budget2021: Senior citizens with only pension/interest income exempted from ITR
In her third Union Budget, Finance Minister Nirmala Sitharaman announced that senior citizens above 75, who rely only on pension and interests for income, will be exempted from filing Income Tax Returns.
01 Feb 2021
StartupsBudget 2021: Centre to incentivize incorporation of one-person companies
Finance Minister Nirmala Sitharaman has presented the much-awaited Union Budget 2021-22 on Monday at a time when the Indian economy strives to recover from the COVID-19-induced crisis.
01 Feb 2021
Air IndiaUnion Budget 2021: Government to launch LIC IPO in FY22
In a major disinvestment push, Finance Minister Nirmala Sitharaman on Monday announced that the government plans to take control of two public sector banks and one general insurance company for stake sale in 2021-22.
01 Feb 2021
Lok SabhaUnion Budget 2021: Sitharaman announces Rs. 35,000 crore for vaccines
On Monday, Finance Minister Nirmala Sitharaman presented the Union Budget, her third one so far and the first one amid the coronavirus pandemic.
