Parliament passes Central Excise (Amendment) Bill 2025
Finance Minister Nirmala Sitharaman said the proposed Health and National Security Cess is expected to act as a deterrent to pan masala consumption and will not be levied on essential commodities
Parliament Winter Session Day 4 LIVE Updates: Follow all the latest updates from Parliament as government and opposition debate key issues
Earlier on Wednesday, the Lok Sabha passed a Bill aimed at increasing excise duty on tobacco products and their manufacturing after a discussion
India got a 'C' grade only for its national accounts data because the base year used is still 2011 to 2012
While the minister said the Centre had surrendered its power to levy excise duty on tobacco in 2017, excise duty did continue after GST - though at a nominal level
The Bill was tabled earlier amid the Opposition's protest demanding a discussion on the Special Intensive Revision (SIR) of electoral rolls
At Global Forum, India urges stronger transparency, confidentiality systems to tackle evolving financial structures
Parliament clears the Manipur GST amendment, aligning the state with national GST reforms, including track-and-trace, simplified voucher rules, clarified definitions and uniform appeal procedures
Parliament Winter Session LIVE Updates: Follow all the latest updates from Parliament as government and opposition debate key issues
Sitharaman said technological tools like artificial intelligence, along with judgement, should be used to ensure that tax information exchanged among jurisdictions leads to measurable outcomes
First supplementary demands for grants tabled in Parliament focus on fertiliser and petroleum subsidies amid rising costs
India's largest insurer has, over the years, made investment decisions across companies based on fundamentals and detailed due diligence
As per the Supplementary, approval of Parliament is sought for ₹18,525 cr fertiliser subsidy and ₹9,500 cr Petroleum Ministry compensation to oil marketing companies
Demerit goods to face a new levy to finance national security and public health
The Central Excise Amendment Bill, 2025, and The Health Security se National Security Cess Bill, 2025, are listed for introduction on Monday by Finance Minister Nirmala Sitharaman
FY26 estimates to be revised upwards after faster-than-expected expansion
In the current financial year, real GDP has registered an 8 per cent growth rate in the first half of fiscal 2025-26
FM asked the Corporate Affairs Ministry to modernise systems, enhance transparency and ensure time-bound services as she reviewed Regional Directorates and the Registrar of Companies
Finance minister Nirmala Sitharaman on Friday chaired her tenth pre-budget consultation, engaging key leaders from the energy and infrastructure sectors ahead of Union Budget 2026-27