Nirmala Sitharaman

Major Relief For Homeowners As Centre Modifies LTCG

Major Relief For Homeowners As Centre Modifies LTCG

In Budget 2024, Nirmala Sitharaman announced some major changes in the taxation policy for homeowners, which received significant backlash from the real estate sector; because of this, the government revamped the finance bill and announced major relief for them. Earlier, the budget introduced a taxation regime that removed indexation benefits from the property and also…

Government Expects Rs. 1 Lakh Crore+ This Fiscal Year 

Government Expects Rs. 1 Lakh Crore+ This Fiscal Year 

Recently, Finance Minister (FM) of India Nirmala Sitharaman presented the budget for this fiscal year, declaring ambitious targets. She also mentioned that the government would honour its decision to privatise PSU (Public Sector Unit); however, the timing has to be decided.  “When is the time to disinvest any or several of these companies listed and…

Can India Expect Changes In Union Budget 2024-25?

Can India Expect Changes In Union Budget 2024-25?

The final Union Budget 2024-25 is set to be presented on July 23. The interim budget for 24-2025 was launched in February, and now India is expecting some changes in the final budget, according to reports.  According to the officials, the centre might propose changes in the customs rules to remove heavy anomalies, retain certain…

The Glimpse Of Global Fintech Fest 2023- Day 1

The Glimpse Of Global Fintech Fest 2023- Day 1

The Global Fintech Fest 2023 was started yesterday in Mumbai and aims to act as a platform for the funding of $15-$20 million for the top fintech ventures. In this global fintech fest, more than 800 speakers and more than 50,000 delegates participated. On Tuesday, Union Finance Minister, Nirmala Sitharaman spoke at the Global Fintech…

US-India Alliance: Boosting Energy Transition Investments

US-India Alliance: Boosting Energy Transition Investments

US Treasury Secretary Janet Yellen announced that the United States and India have joined forces to establish an investment platform with the goal of reducing capital costs and stimulating private investment for India’s energy transition. This collaboration was confirmed after a meeting between Yellen and India’s Finance Minister Nirmala Sitharaman held on the sidelines of…

GST Council Announces Key Decisions: A closer look 

GST Council Announces Key Decisions: A closer look 

In a significant development aimed at fostering cooperative federalism and enhancing the simplicity of India’s tax regime, Finance Minister Nirmala Sitharaman chaired the 50th GST Council meeting in New Delhi on 11th July 2023. The meeting witnessed the presence of esteemed dignitaries, including MoS (F) Pankaj Chaudhary, Revenue Secretary Sanjay Malhotra, Chairman CBIC Vivek Johri,…

Union Budget 2023-24: Everything Explained In Details

Union Budget 2023-24: Everything Explained In Details

Finance Minister Nirmala Sitharaman is all set to launch Budget 2023-24 on February 1. There are lots of expectations from the Budget 2023, as always. Now it is to see what the government will bring for the citizens and industries.  According to the experts, the government’s plan may see a rise in customs duty and…

Everything You Need To Know About Pre-budget Meetings 

Everything You Need To Know About Pre-budget Meetings 

The preparation of budget 2023-24 has started. A week-long pre-budget consultation meetings chaired by Union Finance and Corporate Affairs Minister Nirmala Sitharaman were concluded on Monday, 28 November.  In total, eight meetings were held in virtual mode between November 21 and 28. According to the Ministry of Finance, more than 110 invitees representing seven stakeholders…

Sitharaman To Attend IMF, World Bank Meetings In USA 

Sitharaman To Attend IMF, World Bank Meetings In USA 

Finance Minister Nirmala Sitharaman will attend several meetings on her visit to the United States. Among them, two significant meetings are the International Monetary Fund (IMF) and the World Bank, which will more likely deliberate on the current global economy. These meetings aim to highlight India’s policy priorities and showcase India’s attractiveness as an investment…

Petrol And Diesel Prices On June 1 In Delhi, Mumbai, And Other Cities

Petrol And Diesel Prices On June 1 In Delhi, Mumbai, And Other Cities

Petrol and Diesel Price In India on June 1: The petrol and diesel prices remain unchanged for the tenth day running on Wednesday. Finance Minister Nirmala Sitharaman had announced a cut in excise duty on petrol and diesel earlier in May by 8 and 6 rupees per litre, respectively.   Public sector Odisha Mining Corporation or…

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