Page 16 - Latest Updates on Nirmala Sitharaman
Prebudget meetings for FY27 to start on October 9, Finance Ministry says
The Finance Ministry issued the Budget circular for FY27 announcing prebudget meetings from October 9 to mid-November to review expenditure needs and receipts of ministries
 "Prebudget meetings for FY27 to start on October 9, Finance Ministry says")
Artisans, weavers bodies urge Centre to scrap GST on textiles, handicrafts
Artisans and weavers seek zero GST on handlooms and handicrafts citing sectoral distress, while the fertiliser industry urges GST rate cut on inputs and refund of blocked tax credits
 "Artisans, weavers bodies urge Centre to scrap GST on textiles, handicrafts")
FM Sitharaman meets Qatar trade minister to strengthen bilateral trade
During the discussion, Sitharaman highlighted the transformative steps taken by India to attract foreign investments in the last decade
 "FM Sitharaman meets Qatar trade minister to strengthen bilateral trade")
More than 560 mn Jan Dhan accounts opened in last 11 years: Sitharaman
She stated that PMJDY has been one of the major channels for delivering benefits under various schemes
Nuclear energy can help power India's economic growth, private push welcome
For decades, state control was justified by concerns over radiation safety, misuse of nuclear material, and strategic security
 "Nuclear energy can help power India's economic growth, private push welcome")
FM Sitharaman briefs GST GoMs on need for sweeping tax reforms
GoMs on rate rationalisation, insurance taxation and compensation cess will over two days deliberate on the Centre's 'next-gen' GST reforms under which tax will be levied at 5 and 18 per cent rates
 "FM Sitharaman briefs GST GoMs on need for sweeping tax reforms")
Invest Rs 21,000 to earn Rs 20 lakh monthly? Viral videos of FM are fake
Digitally manipulated clips mark another instance of cybercriminals trying to defraud people
 "Invest Rs 21,000 to earn Rs 20 lakh monthly? Viral videos of FM are fake")
GoM meet today: What's on agenda as Centre pushes 2-slab GST reform plan
Finance Minister Nirmala Sitharaman to explain Centre's plan for two GST slabs of 5 per cent and 18 per cent, with a 40 per cent rate on select goods
 "GoM meet today: What's on agenda as Centre pushes 2-slab GST reform plan")
Govt likely to revive anti-profiteering rules under GST 2.0 overhaul
Anti-profiteering provisions were first introduced in 2017, when GST replaced multiple indirect taxes and several items had lower tax incidence
 "Govt likely to revive anti-profiteering rules under GST 2.0 overhaul")
Mudra Yojana NPAs against outstanding loans rise to 9.8% at end of FY25
PMMY scheme mainly caters to those segments of society which have been outside the formal credit system because of a lack of collateral, business experience, etc, FM told Parliament
FM Sitharaman to attend GoM meeting on Aug 20, explain next-gen GST reforms
The two-day meeting of the Group of Ministers (GoM) on GST rate rationalisation is scheduled on August 20-21 here, sources said
New GST plan by Diwali: What is a GoM, how it works, and why it matters
Explainer: What the GST Council's GoM on rate rationalisation is, how it works, who its members are, and how its decisions could shape India's two-slab GST plan by Diwali 2025
 "New GST plan by Diwali: What is a GoM, how it works, and why it matters")
Expect an income tax refund rush as new law approaches implementation
These refunds, reckoned to be close to ₹1,000 crore, largely relate to tax demand cases in which taxpayers had secured favourable orders from appellate authorities
 "Expect an income tax refund rush as new law approaches implementation")
Income Tax Bill 2025: Key changes for property owners, taxpayers, investors
Income Tax New Bill 2025: The revised Income Tax Bill, 2025 replaces last week's withdrawn draft, bringing clearer property rules, new slabs, higher rebates and fixes for refund claims
 "Income Tax Bill 2025: Key changes for property owners, taxpayers, investors")
India, Singapore to hold 3rd ministerial roundtable in Delhi on August 13
Ministers who will participate in the ISMR are Nirmala Sitharaman, S. Jaishankar, Piyush Goyal, Ashwini Vaishnaw, Gan Kim Yong, K. Shanmugam, Vivian Balakrishnan,Tan See Leng, and Jeffrey Siow
 "India, Singapore to hold 3rd ministerial roundtable in Delhi on August 13")
FM Sitharaman introduces modified Income Tax Bill in Lok Sabha
Introducing The Income-TaIntroducing The Income-Tax (No.2) Bill, 2025, Sitharaman said the bill seeks to consolidate and amend the law relating to income-tax and will replace the Income Tax Act, 1961
 "FM Sitharaman introduces modified Income Tax Bill in Lok Sabha")
LIVE: LS passes Income-Tax (No 2) Bill and Taxation Laws (Amendment) Bill
Catch all the latest news updates from around the world here
 "LIVE: LS passes Income-Tax (No 2) Bill and Taxation Laws (Amendment) Bill")
New I-T Bill with Parl panel's suggestions to be tabled on Monday: Rijiju
Rijiju's statement came in the wake of apprehensions voiced in a section of the media on the withdrawal of the Income Tax Bill from the Lok Sabha on Friday.
 "New I-T Bill with Parl panel's suggestions to be tabled on Monday: Rijiju")
FM Sitharaman withdraws Income Tax Bill, revised draft to be tabled Aug 11
Finance minister will submit a revised version of the I-T Bill, incorporating most of the Select Committee's recommendations
 "FM Sitharaman withdraws Income Tax Bill, revised draft to be tabled Aug 11")
INDIA bloc to protest at Parliament against Bihar electoral roll revision
On August 1, Rijiju said the govt was ready to hold discussions on any issue under the rules, but the SIR could not be debated as it is carried out by a constitutional body--the Election Commission
 "INDIA bloc to protest at Parliament against Bihar electoral roll revision")