"...The government is taking burden, making sure oil marketing companies (OMCs) will ensure buying more and doing supply, and keeping the supply uninterrupted," she said
Sitharaman says rise in auto sales, tractors and cement output shows GST rate cuts supported demand, even as concerns remain over uneven price transmission
She further said there is a trust-based tax administration that is being improved by reducing unnecessary hardship for honest taxpayers
The finance minister emphasised that there is no discontinuation of the said tax exemption
The Union Cabinet had already okayed the proposed Bill, aimed at further easing the compliance burden on businesses and advancing the government's agenda of decriminalising minor corporate offences
Sitharaman, who is in charge of the finance and corporate affairs ministries, said a state has to provide the utilisation certificate so that the next round of funds can be released
Finance Minister says expanded presumptive taxation and simplified provisions under the new law will reduce compliance burden and litigation for small businesses and professionals
Shipping constraints through the Strait are expected to persist in the near term, with global supply adjustments taking time
Finance Minister Nirmala Sitharaman said supply remains steady, citing economic resilience and policy measures
Replying to a supplementary question in the Lok Sabha, the Minister said the modified scheme will incorporate lessons learnt in implementation of the original Stand-Up India scheme
Finance Minister Nirmala Sitharaman told Lok Sabha the Rs 1 trillion Economic Stabilisation Fund will help India respond to global shocks while keeping fiscal consolidation targets intact
The Lok Sabha was adjourned for the day after the passage of the supplementary demands
Finance Minister Nirmala Sitharaman said the proposed Economic Stabilisation Fund will create fiscal headroom for India to respond to global shocks such as supply chain disruptions and energy crises
he second batch of Supplementary Demands for Grants was tabled in the Lok Sabha by Finance Minister Nirmala Sitharaman
Assessing if India can bear a relatively higher expenditure within a constrained fiscal space
During FY 202223 to FY 202425, Public Sector Banks (PSBs) have collected ₹8,092.83 crore from current account and savings account holders on account of non-maintenance of MAB
n reply to a written question in the Lok Sabha, Sitharaman said the price of both global crude oil and the Indian basket has been on a declining trajectory for the past one year
The outreach comes at a time when FM Sitharaman on social media platform X took note of the issue and said she will check on it
Fino Payments Bank says its MD Rishi Gupta and the bank had no role in alleged GST violations linked to programme managers; Finance Minister Nirmala Sitharaman says she will review the issue
AgriStack, pitched as the "next UPI", could transform farm subsidies, tenant inclusion and soil health - but only if farmer, land and crop data are accurate and trusted