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Nirmala Sitharaman Nirmala Sitharaman DOB: August 18, 1959

Nirmala Sitharaman joined the BJP in 2008 and has served as a spokesperson for the party. In 2014, she was inducted into Narendra Modi's cabinet as a junior minister and in June 2014, she elected as a Rajya Sabha Member from Andhra Pradesh. In May 2016, she was one of the 12 candidates nominated by the BJP to contest the Rajya Sabha elections due on 11 June 2016. She successfully contested her seat from Karnataka. On 3 September 2017, she was elevated to Defence Minister. After Narendra Modi was re-elected in 2019 she became the first full time woman after Indira Gandhi to hold the Finance Minister post.

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NEWS

Govt collects Rs 97,597 crore from GST in March: Finance Ministry

March GST collection slips to Rs 97,597 crore, over Rs 1.05 lakh crore lower than February

Business | Apr 01, 2020, 05:50 PM IST

Goods and Services Tax (GST) revenue in March stood at Rs 97,597 crore, lower than over Rs 1.05 lakh crore collected in February. Of the total Rs 97,597 crore revenue, the central GST stood at Rs 19,183 crore, state GST at Rs 25,601 crore and integrated GST at Rs 44,508 crore.

10 public sector banks mega-merger comes into force from

BIG BANK MERGER: 10 public sector banks turn into 4. Key points bank customers must know

Business | Apr 01, 2020, 12:21 PM IST

As novel coronavirus pandemic that has impacted our economy, there was a dilemma if the merger would be postponed for some time or not , the Reserve Bank of India cleared the air that the merger of 10 PSUs will still take place on the set date i.e. April 1, 2020.

Nirmala Sitharaman/File

Nirmala Sitharaman contributes Rs 1 crore from her MPLAD funds in battle against coronavirus

India | Mar 28, 2020, 07:15 PM IST

Union Finance Minister Nirmala Sitharaman has contributed Rs 1 crore from her MPLAD funds in the ongoing battle against coronavirus in India.

Mega bank consolidation on track; to take effect from April 1: Sitharaman

Mega bank consolidation on track; to take effect from April 1: Sitharaman

Business | Mar 26, 2020, 05:45 PM IST

The government on Thursday said the mega bank consolidation plan is very much on track and will take effect from April 1 despite the onslaught of coronavirus pandemic throwing the country out of gear. 

Sensex trades 1,000 pts higher after FM announces Rs 1.70 lakh cr-stimulus package

Sensex trades 1,000 pts higher after FM announces Rs 1.70 lakh cr-stimulus package

Business | Mar 26, 2020, 02:52 PM IST

Equity benchmark Sensex was trading over 1,000 points higher in afternoon session on Wednesday after Finance Minister Nirmala Sitharaman announced a stimulus package worth Rs 1.70 lakh crore to cushion the impact of the lockdown in wake of COVID-19 pandemic.

Collateral-free loans for self help women groups doubled to 20 lakh: Sitharaman

Collateral-free loans for self help women groups doubled to 20 lakh: Sitharaman

Business | Mar 26, 2020, 03:01 PM IST

Finance Minister Nirmala Sitharaman on Thursday announced to double collateral-free loans to Rs 20 lakh for Self Help women groups that would benefit 7 crore households.

Big news for Provident Fund account holders! Govt to pay

Big Relief for Employers! Govt to pay entire EPFO contribution of selected employees for 3 months

Business | Mar 26, 2020, 03:10 PM IST

Announcing the coronavirus relief measures amid the COVID-19 outbreak, Finance Minister Nirmala Sitharaman said that government would pay EPF contribution both of the employer and employee for the next three months; 24 per cent contribution in total.

Govt to pay 24% EPF for companies with less than 100 workers for next 3 months: Sitharaman

Govt to pay 24% Employees' Provident Fund for companies with less than 100 workers for next 3 months

Business | Mar 26, 2020, 03:13 PM IST

Finance Minister Sitharaman on Thursday announced that the government will pay the Employees' Provident Fund (EPF) contribution, both of employer and employee every month for the next three months, as part of COVID-19 relief package.

sitharaman

Ujjwala beneficiaries to get free LPG cylinders in next 3 months, says FM Sitharaman

Business | Mar 26, 2020, 03:13 PM IST

Making a big announcement amid coronavirus pandemic, Finance Minister Nirmala Sitharaman on Thursday said Ujjwala beneficiaries will get free LPG cylinders in next 3 months, which will benefit 8.3 crore BPL families. Sitharaman's press briefing comes amid the 21-day lockdown in the country in the wake of COVID-19 outbreak.

Rs 50 lakh medical insurance cover for coronavirus warriors, announces Sitharaman

Rs 50 lakh medical insurance cover for coronavirus warriors, announces Sitharaman

Business | Mar 26, 2020, 02:56 PM IST

Finance Minister Nirmala Sitharaman on Thursday announced medical insurance cover of Rs 50 lakh per person for coronavirus warriors, who are treating COVID-19 patients and helping the country to fight against the deadly novel coronavirus.

Finance Minister Nirmala Sitharaman to address media at 1 pm today

Sitharaman announces ₹ 1.7 lakh crore economic package to blunt COVID-19 impact | BIG TAKEAWAYS

Business | Mar 26, 2020, 10:59 PM IST

Sitharaman today announced an economic package that will benefit migrant workers, urban and rural poor which will be known as the Prime Minister Gareeb Kalyan scheme.

Last date for filing Income Tax Returns (ITR) extended to June 30

Last date for filing Income Tax Returns (ITR) extended to June 30

Business | Mar 24, 2020, 03:17 PM IST

The last date for the income tax return for the financial year 18-19 is extended to 30th June 2020. For delayed payments interest rate has been reduced from 12 per cent to 9 per cent, Union Finance Minister Nirmala Sitharaman announced on Tuesday.

Nirmala Sitharaman coronavirus press conference

Sitharaman moves ITR deadline, waives ATM, bank charges in Coronavirus relief measures | Highlights

Business | Mar 24, 2020, 04:14 PM IST

Finance Minister Nirmala Sitharaman has announced a series of measures that the government has taken to fight the impact of coronavirus outbreak. Sitharaman announced the extension of ITR, GST filing deadlines. Here are the highlights of Sitharaman's relief measures for the economy:

Finance Minister Nirmala Sitharaman to address media at 2 pm today

GST, ITR filing, Aadhaar-PAN linking deadlines extended to June 30

Business | Mar 24, 2020, 04:14 PM IST

Nirmala Sitharaman said that the central government is preparing an economic package to help the country tide over losses incurred owing to the Covid-19 outbreak.

Finance Minister Nirmala Sitharaman to review bank merger preparedness

Finance Minister Nirmala Sitharaman to review bank merger preparedness

Business | Mar 11, 2020, 02:58 PM IST

As the bank merger becomes effective April 1, Finance Minister Nirmala Sitharaman is scheduled to meet the chief executives of the amalgamating banks on Thursday to review the preparedness for the merger. The Union cabinet already approved consolidation of 10 public sector banks into four, earlier in the month.

Nirmala Sitharaman to meet heads of merging banks on Thursday

Nirmala Sitharaman to meet heads of merging banks on Thursday

Business | Mar 10, 2020, 09:23 PM IST

Finance Minister Nirmala Sitharaman will hold a meeting with chief executives of amalgamating banks on Thursday to review preparedness for the merger beginning April 1. 

Yes Bank employees will continue to get respective salaries: Sitharaman

Yes Bank employees will continue to get respective salaries: Sitharaman

Business | Mar 06, 2020, 06:20 PM IST

In what can be a relief to thousands of Yes Bank employees, Finance Minister Nirmala Sitharaman said on Friday that Yes Bank employees will continue to get salary. Yes Bank is currently in crisis and Reserve Bank of India has set a maximum withdrawal cap of Rs 50,000 for depositors.

Yes Bank, Yes Bank ATMs, RBI, SBI

Security tightened at Yes Bank branches, ATMs in Mumbai as depositors rush to withdraw money

Business | Mar 06, 2020, 03:12 PM IST

As Yes Bank depositors rush to ATMs on Friday to withdraw cash a day after it was put under a moratorium, security at its branches, ATMs, headquarters across Mumbai was tightened to avert any untoward incident. The RBI has capped a withdrawal limit of Rs 50,000 as Yes Bank's faces capital crunch.

Nirmala Sitharaman/File 

Chacha-Bhatija given loans by Congress: FM Sitharaman on Yes Bank crisis

Business | Mar 06, 2020, 02:32 PM IST

"Chacha-Bhatija" were given loans under Congress rule, Union Finance Minister Nirmala Sitharaman said in a jibe on Friday as she spoke about the crisis in Yes Bank.

Want to assure every depositor's money is safe: Sitharaman on Yes Bank crisis

Want to assure every depositor's money is safe: Sitharaman on Yes Bank crisis

Business | Mar 06, 2020, 02:09 PM IST

Finance Minister Nirmala Sitharaman on Yes Bank crisis Friday said that the RBI Governor has assured her there will be no loss to any Yes Bank depositor, a day after the central bank imposed a moratorium on the banking institution.

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