Page 19 - Latest Updates on Nirmala Sitharaman
FM replies to Jaya Bachchan: Tax on movie tickets reduced from 28% to 18%
Responding to questions raised by MP and former actor Jaya Bachchan's about the film industry, Finance Minister Nirmala Sitharaman said entertainment tax has been streamlined under the GST regime
 "FM replies to Jaya Bachchan: Tax on movie tickets reduced from 28% to 18%")
No state has been ignored: Nirmala Sitharaman defends Budget in Rajya Sabha
Finance Minister Nirmala Sitharaman counters Opposition claims that the Budget favoured BJP-ruled states, especially poll-bound Bihar
FM presents new I-T Bill in LS, to be reviewed by a standing committee
The Income Tax Bill 2025 will undergo review by a standing committee before being sent back to the government for approval. Thus it will some time for it to be passed in the Parliament
 "FM presents new I-T Bill in LS, to be reviewed by a standing committee")
New Income Tax Bill tabled in LS: Here's what's changing & what's not
If passed, the new Income Tax Bill, 2025 will replace the Income Tax Act of 1961 and come into effect on April 1, 2026
 "New Income Tax Bill tabled in LS: Here's what's changing & what's not")
New I-T Bill more complicated than previous one: Congress MP Manish Tewari
The new Income Tax Bill is set to be introduced in the Lok Sabha on Thursday
 "New I-T Bill more complicated than previous one: Congress MP Manish Tewari")
Debt-to-GDP over fiscal deficit: Will FM Sitharaman's strategy pay off?
Since the finance minister announced a glide path based on debt-to-GDP ratio to measure fiscal deficit, opinion has been divided on the move since it would also reflect on government borrowings
 "Debt-to-GDP over fiscal deficit: Will FM Sitharaman's strategy pay off?")
Income-Tax Bill, 2025 to be tabled in Parl: New tax slabs, reforms & more
New tax bill to be presented tomorrow, Feb 13: If passed, it will replace the six-decade-old Income Tax Act of 1961. Here are the highlights of the new Income Tax Bill
 "Income-Tax Bill, 2025 to be tabled in Parl: New tax slabs, reforms & more")
Masterclass in deflecting blame: KC Venugopal slams FM's Budget reply
In his X post, he said Sitharaman's reply was more about political point-scoring than addressing the concerns raised by the opposition
 "Masterclass in deflecting blame: KC Venugopal slams FM's Budget reply")
Speedy rebound in growth on strong foundation: FM Nirmala Sitharaman
India's economy is expected to grow by 6.4 per cent in real terms and by 9.7 per cent in nominal terms, according to advance estimates released by the National Statistics Office
 "Speedy rebound in growth on strong foundation: FM Nirmala Sitharaman")
Govt using almost entire borrowings in FY26 towards capex: FM Sitharaman
The fiscal deficit target is 4.4 per cent of the GDP for next fiscal
 "Govt using almost entire borrowings in FY26 towards capex: FM Sitharaman")
Budget Session highlights: After tax cuts, all eyes on Finance Bill, new Income Tax Bill
Parliament Budget Session highlights: Catch all the major updates from the ongoing Budget session of the Parliament
 "Budget Session highlights: After tax cuts, all eyes on Finance Bill, new Income Tax Bill")
Congress leader Chidambaram finds faults with Budget in Rajya Sabha
Chidambaram termed it a "politically-driven budget" with the income tax cut being the "main thrust" of the Budget with an eye on the Delhi Assembly polls
 "Congress leader Chidambaram finds faults with Budget in Rajya Sabha")
Parliament Budget Session Highlights: Sonia Gandhi urges govt to conduct Census at earliest
Parliament Budget Session: Catch all the Parliament updates here
 "Parliament Budget Session Highlights: Sonia Gandhi urges govt to conduct Census at earliest")
Action against banks, NBFCs if they violate gold auction norms: Sitharaman
During Question Hour in Lok Sabha, she said Non Banking Financial Companies (NBFCs) and Scheduled Commercial Banks (SCBs) are guided by similar rules
 "Action against banks, NBFCs if they violate gold auction norms: Sitharaman")
Taxonomy for climate finance should be ready in 6 months: DEA secretary
Finance Minister Nirmala Sithraman in her Budget 2024-25 had announced a proposal for developing a taxonomy for climate finance
 "Taxonomy for climate finance should be ready in 6 months: DEA secretary")
How Nirmala Sitharaman turned the tide in BJP's favour in Delhi elections
With over 60 per cent of Delhi's electorate belonging to the middle-class, the Budget announcement of an increased income tax rebate threshold to Rs 12 lakh may just have won BJP the election
 "How Nirmala Sitharaman turned the tide in BJP's favour in Delhi elections")
Fiscal, monetary measures to boost consumption, pvt investment, says FM
On the monetary side, the Reserve Bank on Friday slashed the policy rate by 25 basis points, the first rate cut in five years to support growth
Hope to introduce new income tax bill in Lok Sabha next week: FM Sitharaman
The bill will again go to the Cabinet after the parliamentary committee gives its recommendations on it. After Cabinet approval, it will again be introduced in Parliament
 "Hope to introduce new income tax bill in Lok Sabha next week: FM Sitharaman")
BJP govt will transform Delhi in line with Viksit Bharat goal: Sitharaman
The Minister further said India's national capital should have a government which serves the cause of its people
 "BJP govt will transform Delhi in line with Viksit Bharat goal: Sitharaman")
Secy group on asset monetisation to meet on Thursday; to discuss NMP 2.0
It will also review progress of first phase of project
 "Secy group on asset monetisation to meet on Thursday; to discuss NMP 2.0")