Finance Minister
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Finance Bill 2024: Sitharaman proposes amendments to LTCG tax provision on immovable properties
Business | Aug 07, 2024, 06:41 PM ISTCentre has brought an amendment to the Finance Bill 2024, to allow taxpayers to select either a 12.5 per cent long-term capital gains tax rate without indexation or a 20 per cent rate with indexation for property acquired before July 23 this year.
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ITR filing 2024: Over 7 crore income tax returns filed till 7 PM on deadline day, says IT department
Income Tax | Jul 31, 2024, 09:56 PM ISTThe I-T department's helpdesk has been operational 24x7, offering support through calls, live chats, WebEx sessions, and social media to assist taxpayers with ITR filing and related services.
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Valmiki Scam: Sitharaman hits out at Siddaramaiah, asks if syphoning SC/ST money off is 'nyay'
Karnataka | Jul 28, 2024, 05:32 PM ISTThe Enforcement Directorate (ED) is currently investigating the 187-crore Valmiki scam in Karnataka. So far, former Karnataka Minister and Congress leader B Nagendra has been arrested in the case. He is under judicial custody.
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Defence Ministry gets highest allocation in Union Budget 2024, Rajnath Singh reacts
India | Jul 23, 2024, 06:40 PM ISTNirmala Sitharaman, Union Finance Minister allocated the highest amount to Defence among all the ministries. The allocation for the Defence Ministry is 12.9 per cent of the total budget for fiscal year 2024-25.
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Budget 2024: 'Can't say if there will be a sunset', says Nirmala Sitharaman on old tax regime
Budget | Jul 23, 2024, 06:12 PM ISTNirmala Sitharaman stated that no decision has been made on scrapping the old regime, emphasising the government's intention to simplify the tax system. The revised New Tax Regime aims to provide annual tax savings for individual taxpayers, effective from April 1, 2024.
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Union Budget 2024: 'Simplified taxation, revenue mobilisation in focus,' says Nirmala Sitharaman
Budget | Jul 23, 2024, 05:03 PM ISTUnion Finance Minister Nirmala Sitharaman, during a press conference on the Union Budget 2024, announced a simplified approach to taxation aimed at boosting investment, with the average taxation reduced to 12.5 per cent. She also emphasised the need to widen the tax net and highlighted the increase
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Budget 2024: Rs 1.48 lakh crore announced for education, employment and skilling, check details
Budget | Jul 23, 2024, 01:53 PM ISTDuring Union Budget 2024, Finance Minister Nirmala Sitharaman presented an outlay of Rs.1.48 lakh crore for education, employment, and skilling. Check details here.
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Budget 2024: Modi govt reduces fiscal deficit target to 4.9 per cent of GDP for FY25
Budget | Jul 23, 2024, 01:16 PM ISTFinance Minister Nirmala Sitharaman presented the Union Budget for the fiscal year 2024-25, outlining the government's economic priorities and financial plans. One of the key highlights of the budget is the fiscal deficit target, which has been set at 4.9 per cent of gross domestic product (GDP).
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Stage set for first Budget of Modi 3.0: Nirmala Sitharaman to present 7th Budget in row
Budget | Jul 22, 2024, 11:58 PM ISTBudget 2024: Finance Minister Nirmala Sitharaman is set to present the first budget of Modi 3.0 in Lok Sabha, marking her seventh budget presentation. Prime Minister Modi emphasised the budget's significance in the "Amrit Kaal" journey towards a developed India by 2047.
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'Economic Survey highlights prevailing strengths, identifies areas of further growth': PM Modi
India | Jul 22, 2024, 08:55 PM ISTPresented ahead of the Union Budget, the Economic Survey document gives insights into the state of the economy and various indicators of 2023-24 (April-March) and some outlook for the current year.
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Railway Budget 2024: Key investments to propel Indian Railways' infrastructure forward
Budget | Jul 22, 2024, 07:26 PM ISTRailway budget 2024: Key investments include increased funding for network expansion, high-speed rail projects like the Mumbai-Ahmedabad corridor, and safety upgrades such as track renewal and advanced signalling systems.
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Sitharaman to present Budget 2024: Understanding the Budget, its impact on India's economy
Budget | Jul 22, 2024, 06:47 PM ISTUnion budget 2024: Key areas to watch include GDP growth projections, tax collection performance, fiscal deficit management, inflation control measures, and export strategies. The budget's impact on public spending and economic trajectory will be significant.
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Sitharaman to present Budget 2024: Here are key numbers to be watched | DETAILS
Budget | Jul 22, 2024, 04:29 PM ISTFinance Minister Nirmala Sitharaman is set to present the Union Budget 2024-25 on Tuesday. Key expectations include populist measures to boost the rural economy and create jobs.
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'No special status for Bihar': MoS Finance Pankaj Chaudhary informs Lok Sabha
Bihar | Jul 22, 2024, 04:40 PM ISTIn March 2012, an inter-ministerial group (IMG) presented its report on Bihar's request for special category status and said that status was not made out.
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Halwa ceremony marks final stage of Budget preperation process at North Block | WATCH
Budget | Jul 16, 2024, 07:07 PM ISTThe Halwa ceremony at North Block marked the final stages of preparing Budget 2024-25, attended by Finance Minister Nirmala Sitharaman and other officials. This traditional event symbolizes the commencement of a lockdown within the finance ministry until the budget's parliamentary presentation.
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Gujarat: Police register FIR over deepfake video of Finance Minister Nirmala Sitharaman
Gujarat | Jul 09, 2024, 09:29 PM ISTDeepfake videos and pictures on social media have emerged as a big issue in the digital era. The government is making efforts to curb it. From celebs to politicians, several dignitaries have been targeted by deefake makers. The latest victim is Sitharaman.
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Union Budget 2024-25: Finance Minister Nirmala Sitharaman kicks off preparation, earmarks priorities
Budget | Jun 13, 2024, 02:49 PM ISTNirmala Sitharaman was given the charge of the finance portfolio in the second stint of the Modi government after the 2019 general elections, becoming the first full-time woman finance minister in the independent India. In the third stint, PM Modi reposed his faith in her leadership.
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Finance Ministry clarifies: No changes in new tax regime, issues 6-point note
Business | Apr 01, 2024, 11:07 AM ISTIn a statement, the ministry addressed confusion over the new tax regime, emphasising its lower rates but fewer exemptions and deductions. Finance Minister Nirmala Sitharaman's interim budget assured the preservation of existing tax rates.
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Telangana government presents Rs 2.75 lakh crore vote on account budget for FY 2024-25
Telangana | Feb 10, 2024, 09:38 PM ISTTelangana budget: The interim budget, the first to be presented by the Congress government after coming to power in December, 2023, proposes Rs 19,746 crores for agriculture and Rs 28,024 crores for Irrigation.
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Lost decade, scams, infrastructure neglect: Full text of NDA's White Paper on UPA's 10-year rule
Business | Feb 08, 2024, 08:06 PM ISTSitharaman in her Interim Budget speech had announced that the government will come out with a white paper on the economy outlining the economic mismanagement in the 10 years of UPA rule till 2014.