Panel to examine Income Tax Bill constituted

Lok Sabha Speaker Om Birla on Friday constituted a 31-member Select Committee of the lower house to examine the Income Tax Bill. To be headed by Bharatiya Janata Party’s Baijayant Panda, the panel is mandated to submit its report by

Sitharaman introduces New Income Tax Bill in LS

Union Finance Minister Nirmala Sitharaman introduced the Income Tax Bill, 2025, in the Lok Sabha on Thursday and urged Speaker Om Birla to refer it to a select committee of the House. Photograph: ANI Photo Opposition members opposed the Bill

Sitharaman on India’s rising gold reserves

Finance Minister Nirmala Sitharaman on Monday clarified in the Lok Sabha that India’s rising gold reserves, including those held by the Reserve Bank of India (RBI), is not intended to replace any international currency. Photograph: Arnd Wiegmann/Reuters She responded to

New I-T bill may be introduced in LS next week: Sitharaman

Finance Minister Nirmala Sitharaman on Saturday said she is likely to introduce the new income tax bill, which will replace the six-decade-old I-T Act, in the Lok Sabha in the coming week. Photograph: ANI Photo After introduction in the Upper

Market forces decide rupee value, RBI not worried: Guv

Reserve Bank Governor Sanjay Malhotra on Saturday said that the market forces decide the value of rupee with respect to the US dollar and the central bank is not worried about day-to-day movement of the currency value. Photograph: ANI Photo

Budget 2025: FM takes part in customary halwa ceremony

Finance Minister Nirmala Sitharaman on Friday participated in a traditional ‘halwa’ ceremony, marking the final stage for the preparation of Union Budget 2025-26 to be unveiled on February 1 in the Lok Sabha. The ceremony is a customary ritual in