Page 41 - Nirmala Sitharaman

Budget Pulse: What does the middle class want from Union Budget 2025?

As the Union Budget 2025 draws near, the middle class has its fingers crossed, hoping for relief and meaningful reforms. Watch the video to know their key expectations.

GST Tribunals may be delayed by 6 months as states yet to appoint officials

In May 2023, the Centre appointed Sanjaya Kumar Mishra, former Chief Justice of the Jharkhand High Court, as the GSTAT president for a four-year term

FinMin meet: MFI representatives seek lowering of asset qualification norms

In 2022, the RBI updated regulations for MFIs, which now apply to all entities in the sector, including banks, small finance banks, and non-banking financial companies (NBFCs)

Need tech-savvy forces to protect digital world: FM Nirmala Sitharaman

Sitharaman said that India was growing in the eyes of all its competitors, many of whom find such growth astonishing

Budget FY26: Goldman Sachs highlights focus on fiscal deficit, growth

India's elevated public debt-to-GDP ratio remains a concern. A reduction in the general fiscal deficit from 8 per cent in FY25 to 7 per cent by FY30 is critical to keeping public debt sustainable

Centre likely to save over Rs 70,000 crore on expenditure in FY25

FinMin has parked Rs 62K cr towards "new schemes" with the DEA, most of which is expected to go unspent with only two and half months left in FY25

Retirees ask FM for Rs 7,500 minimum monthly pension under EPS-95

A delegation of EPS-95 pensioners met Finance Minister Nirmala Sitharaman on Friday to press for their long-pending demand for a minimum monthly pension of Rs 7,500 along with dearness allowance (DA). Under the EPS-95 or Employees Pension Scheme 1995 run by retirement fund body EPFO, the existing minimum monthly pension is Rs 1,000. According to a statement issued by EPS-95 National Agitation Committee, the finance minister has conveyed to the delegation that their demands would be reviewed and addressed in a sympathetic manner. Commander Ashok Raut, National President of the committee, highlighted the plight of over 78 lakh pensioners from central and state government PSUs, private organizations, and factories across the country. Pensioners have been agitating for over 7-8 years for an increase in the minimum pension from Rs 1,000 to Rs 7,500, along with DA and free medical treatment for both the pensioner and their spouse. "Finance Minister Nirmala Sitharaman has said that the .

How is the Indian Union Budget prepared?

The Indian Union Budget is crafted through a multi-step process involving various stakeholders.

Business Standard poll: Experts see FY26 nominal GDP growth at 10-11%

The first advance estimates released by the National Statistics Office (NSO) on Tuesday estimated a nominal GDP growth of 9.7 per cent for FY25

FinMin to review flagship schemes with PSB chiefs ahead of Budget

The meeting aims to review the progress of various financial inclusion schemes and discuss future funding requirements in light of the upcoming Budget

Can tax cuts be introduced in Union Budget 2025?

With Union Budget 2025 just around the corner, the buzz is growing. The big question: Will middle-income taxpayers finally get the relief they’ve been waiting for? Watch the video to know more.

As Census looms after years of delay, questions over expenditure persist

Finance Minister Nirmala Sitharaman is also expected to gather up the unspent capex and allocation for the current fiscal to push for a massive spending effort in FY26

PM Modi launches 6-day Grameen Bharat Mahotsav, unveils rural India vision

At the inauguration, PM Modi interacted with artisans and was felicitated by Nabard Chairperson Shaji KV

New rule to avoid tax deduction on purchases through IFSC sellers

Under the new regulation, sellers must submit a declaration that includes details about the previous years for which they are claiming tax deductions

After 2024 report card, ministers get ready for work on New Year's Day

Although the talk about the New Year agenda within the government was subdued on December 31, the day started with promise of work in 2025

Budget 2025-26: India Post may get funds for tech-driven transformation

In FY25, the Union government had made a budgetary allocation of Rs 250 crore for India Post

Government extends deadline for direct tax Vivad Se Vishwas Scheme

Under the scheme, penalty charges vary based on the date of payment

Budget: Experts push for higher health, edu fund, duty cuts on cancer care

A key demand discussed in the meeting was the reduction of customs duty and other levies on the import of radiation machines used to treat cancer

Industry seeks tax relief, capex boost, reforms at FinMin's pre-budget meet

Industry representatives stressed that, given the uncertainty caused by persisting global headwinds, government's focus on public capex in physical, social, and digital infrastructure will be crucial

Budget FY26: Economists urge govt to focus on consumption, tax reforms

India's economic growth slowed more sharply than anticipated in the July-September period of FY25, dropping to a seven-quarter low of 5.4 per cent