Page 3 - Latest Updates on Nirmala Sitharaman
'Tobacco levy neither a new tax nor a cess': FM Nirmala Sitharaman
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
 "'Tobacco levy neither a new tax nor a cess': FM Nirmala Sitharaman")
Explained: What's the Central Excise Bill, 2025 moved by govt in Lok Sabha?
The Bill was tabled earlier amid the Opposition's protest demanding a discussion on the Special Intensive Revision (SIR) of electoral rolls
 "Explained: What's the Central Excise Bill, 2025 moved by govt in Lok Sabha?")
FM flags global tax risks from digitisation, new financial products
At Global Forum, India urges stronger transparency, confidentiality systems to tackle evolving financial structures
 "FM flags global tax risks from digitisation, new financial products")
Parliament clears Manipur GST Amendment Bill; FM explains key reforms
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 highlights: Lok Sabha adjourned for the day amid Oppn protest against SIR
Parliament Winter Session LIVE Updates: Follow all the latest updates from Parliament as government and opposition debate key issues
 "Parliament Winter Session highlights: Lok Sabha adjourned for the day amid Oppn protest against SIR")
Digitalisation, financial products call for global tax info exchange: FM
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
Govt seeks Parliament nod for ₹41k crore additional spending in FY26
First supplementary demands for grants tabled in Parliament focus on fertiliser and petroleum subsidies amid rising costs
FinMin does not advise LIC; its Adani investments as per SOPs: Sitharaman
India's largest insurer has, over the years, made investment decisions across companies based on fundamentals and detailed due diligence
Govt seeks Lok Sabha nod for ₹41,455 crore extra expenditure in FY26
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
 "Govt seeks Lok Sabha nod for ₹41,455 crore extra expenditure in FY26")
Bills to replace GST compensation cess may be tabled in Lok Sabha on Monday
Demerit goods to face a new levy to finance national security and public health
 "Bills to replace GST compensation cess may be tabled in Lok Sabha on Monday")
Bills to replace GST compensation cess on tobacco, pan masala likely in LS
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
 "Bills to replace GST compensation cess on tobacco, pan masala likely in LS")
Manufacturing muscle lifts Q2 GDP growth to 6-quarter high of 8.2%
FY26 estimates to be revised upwards after faster-than-expected expansion
 "Manufacturing muscle lifts Q2 GDP growth to 6-quarter high of 8.2%")
Jul-Sep quarter GDP growth shows strength of Indian economy: FM Sitharaman
In the current financial year, real GDP has registered an 8 per cent growth rate in the first half of fiscal 2025-26
 "Jul-Sep quarter GDP growth shows strength of Indian economy: FM Sitharaman")
MCA should strive to be futuristic to serve stakeholders: FM Sitharaman
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
FM Nirmala Sitharaman holds pre-Budget meet with energy, infra leaders
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
 "FM Nirmala Sitharaman holds pre-Budget meet with energy, infra leaders")
FM Sitharaman meets infrastructure, energy experts on Budget for FY27
She will present the Budget in the backdrop of geopolitical uncertainties and the steep US tariff of 50 per cent imposed on shipments from India
Budget 2026: Tourism & hospitality sector reiterate demand for infra status
Simplified visa process, increased marketing spend to boost FTAs
 "Budget 2026: Tourism & hospitality sector reiterate demand for infra status")
The Sixteenth Finance Commission submits its five-year fiscal blueprint
Panel's recommendations sent to PM and finance minister; report to be tabled in Parliament
 "The Sixteenth Finance Commission submits its five-year fiscal blueprint")
Northeast has been kept at centre of policymaking, says FM Sitharaman
Sitharaman says the Northeast now has the fundamentals in place and is rapidly building digital and semiconductor-ready capabilities with strong policy priority from the Centre
 "Northeast has been kept at centre of policymaking, says FM Sitharaman")
Pre-Budget talks: MSMEs urge relief package for exporters hit by US tariff
MSME players in pre-Budget talks seek collateral-free credit, relaxed NPA norms, and tax reliefs to offset the impact of a 50% US tariff hike on exports and ease liquidity pressures
 "Pre-Budget talks: MSMEs urge relief package for exporters hit by US tariff")