Finance Minister Nirmala Sitharaman on Saturday said India is looking for a “good” trade agreement with the US to promote economic growth and ensure smooth supply chains. Photograph: ANI Photo She also said that amid a growing global tariff war,
‘Additionally, the significant employment multiplier will boost direct and indirect jobs of up to 1.1 million.’ IMAGE: A view of the newly commissioned three frontline naval combatants INS Surat, INS Nilgiri and INS Vaghsheer to the nation by Prime Minister
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
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
Anticipating US action on tariffs, India seems to have made the first move by revamping its tariff structure by reducing the slabs to eight rates, points out Mukesh Butani. IMAGE: Union Finance Minister Nirmala Sitharaman addresses a press conference, New
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
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
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
‘…that it once again shies away from renewing its commitment to strategic divestment,’ points out A K Bhattacharya. IMAGE: Finance Minister Nirmala Sitharaman shows the Budget tablet at the finance ministry before heading to Parliament to present the Union Budget
The estimated Rs 1 trillion revenue forgone from direct taxes and Rs 2,600 crore from indirect taxes has been carefully accounted for within the fiscal consolidation road map, ensuring stability while boosting demand. Budget 2025-26 delivers a carefully calibrated strategy—stimulating
