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Finance Minister Nirmala Sitharaman

Nirmala Sitharaman at a summit

Finance Minister Calls For Concerted Global Efforts To Restructure Debt For Poor Countries

Addressing online a G20 session, organised by the finance ministry and the Reserve Bank here, ahead of the grouping's summit next month in New Delhi, she said multilaterism faces the biggest challenge in recent years. "We...

11 August 2023

Nirmala Sitharaman at a summit

Sufficient Enforcement Provisions In Law To Tackle GST Evasion By Offshore Gaming Platforms: FinMin

Minister of State for Finance Pankaj Chaudhary informed the Rajya Sabha that some representations have been received from stakeholders that the council's decision will prompt online gaming platforms to shift to offshore...

02 August 2023

Nirmala Sitharaman at a summit

Govt To Consider PLI Scheme For Chemicals And Petrochemicals Industry: FM

In view of stringent pollution control regulations and rising labour cost, Finance Minister said, global manufacturers in the chemical industry are looking at diversifying their products and production capability and India...

27 July 2023

FM Nirmala Sitharaman in Mumbai

28% GST On Face Value In Casinos, Online Gaming, Horse Racing Will Increase Revenue Collection: FM

Online gaming industry supplying actionable claims and some horse race clubs are currently paying GST at the rate of 18 per cent on platform fees/commission ranging from 5 to 20 per cent of the full face value, while some...

08 August 2023

Nirmala Sitharaman at a summit

FM Pitches For Regulatory Impact Assessments To Enhance Accountability In Policymaking

"We may also have a regulatory impact assessment to critically assess the positive and negative effects of proposed and existing regulations and non regulatory alternatives," Finance Minister said, speaking at an event here

28 July 2023

Sitharaman at GST day function

India's Inputs Important To Formulate Global Policy On Cryptocurrencies: Sitharaman

Nirmala Sitharaman made the comments while addressing the media at the Mahatma Mandir convention centre here in Gujarat after the conclusion of the 3rd meeting of G20 Finance Ministers and Central Bank Governors (FMCBGs)...

19 July 2023

Finance Minister Nirmala Sitharaman

Reforms Brought In India Since 2014 Enabled Decentralisation Of Planning In India: Finance Minister

EDs, who are on a visit to india, called on the finance minister. They shared their key takeaways with the minister after visiting Mumbai, Ahmedabad and Lucknow

04 August 2023

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Nirmala Sitharaman

Nirmala Sitharaman Meets Chinese Counterpart, Discusses Global Debt Vulnerabilities

Minister Liu Kun appreciated India's leadership in G20 and stated that a lot of results have been achieved so far, the finance ministry said in a tweet

18 July 2023

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17 July 2023
Coordinated International Efforts Needed To Deal With Food & Energy Insecurity, Climate Change: Sitharaman

Coordinated International Efforts Needed To Deal With Food & Energy Insecurity, Climate Change: Sitharaman

Quoting Mahatma Gandhi, Sitharaman said "the future depends on what we do in the present."


15 July 2023
 Here’s Demystifying Marginal Tax Relief And ‘Rs 7.27 Lakh Exemption’

 Here’s Demystifying Marginal Tax Relief And ‘Rs 7.27 Lakh Exemption’

Union Minister of Finance Nirmala Sitharaman’s recent announcement regarding tax exemption of up to Rs 7.27 lakh has sparked confusion among taxpayers. Here...


12 July 2023
GST Council Decides To Impose 28% Tax On Turnover Of Online Gaming Firms

GST Council Decides To Impose 28% Tax On Turnover Of Online Gaming Firms

Union finance minister Nirmala Sitharaman said presently the definition of an SUV for levy of cess includes four parameters -- should be popularly known as...


11 July 2023
50th GST Council Meet Gets Underway; Taxation Of Online Gaming, Utility Vehicles On Agenda

50th GST Council Meet Gets Underway; Taxation Of Online Gaming, Utility Vehicles On Agenda

In 49 meetings held so far, the Council has taken approximately 1,500 decisions in the spirit of co-operative federalism, the office of Nirmala Sitharaman...


10 July 2023
NHB Operationalises Urban Infrastructure Development Fund Announced In Budget

NHB Operationalises Urban Infrastructure Development Fund Announced In Budget

The top-heavy urban structure of our country poses the challenge of how to prevent skewed regional development so that the benefits of development do not...


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06 July 2023
India's Macroeconomic Management 'Stellar', Paves Way For Sustained Recovery: FinMin Report

India's Macroeconomic Management 'Stellar', Paves Way For Sustained Recovery: FinMin Report

Investments in supply-side infrastructure have raised the possibility of India enjoying sustained economic growth longer than it has been able to do in several...


04 July 2023
FM Reviews Progress Of Implementation Of Budget Schemes

FM Reviews Progress Of Implementation Of Budget Schemes

"Union Finance Minister Smt. @nsitharaman chaired a review meeting on the implementation of various Union Budget announcements with Secretary, Department...


01 July 2023
PSBs Profit Tripled To Rs 1.04 Lakh In Nine Years; Need To Continue Momentum To Fuel Economy: FM

PSBs Profit Tripled To Rs 1.04 Lakh In Nine Years; Need To Continue Momentum To Fuel Economy: FM

 The net profit of public sector banks (PSBs) has almost tripled to Rs 1.04 lakh crore in FY23 from Rs 36,270 crore in FY2014.


24 June 2023
Sitharaman Holds Bilateral Meetings On Sidelines Of Paris Summit

Sitharaman Holds Bilateral Meetings On Sidelines Of Paris Summit

Sitharaman expressed hope that the outcomes of the Paris Summit can provide political momentum to ongoing G20 and other multilateral efforts in the UN, World...


21 June 2023
FM Embarks On Visit To Attend Paris Summit For New Global Financing Pact

FM Embarks On Visit To Attend Paris Summit For New Global Financing Pact

On the sidelines of the two-day summit, scheduled during June 22-23, Sitharaman will have multilateral and bilateral engagements with her counterparts, the...


16 June 2023
SBI Presents Dividend Cheque Of Rs 5,740 Crore To Finance Minister

SBI Presents Dividend Cheque Of Rs 5,740 Crore To Finance Minister

State Bank of India (SBI) on Friday paid a dividend of Rs 5,740 crore for the financial year 2022-23 to Finance Minister Nirmala Sitharaman


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29 May 2023
Sitharaman Slams Chidambaram's Comments On Rs 2,000 Currency Note Withdrawal

Sitharaman Slams Chidambaram's Comments On Rs 2,000 Currency Note Withdrawal

She was speaking to reporters here as a part of press conferences being held by Union ministers in different parts of the country on the completion of nine...


23 April 2023
Amul-Nandini Made Emotional Issue Due To Polls: Nirmala Sitharaman

Amul-Nandini Made Emotional Issue Due To Polls: Nirmala Sitharaman

Nandini too sold its products in other states such as Kerala, Tamil Nadu, Telangana, Andhra Pradesh just like other state dairies' products are also available...


23 April 2023
Finance Ministry Working With MeitY, RBI To Clamp Down On Ponzi Apps: Nirmala Sitharaman

Finance Ministry Working With MeitY, RBI To Clamp Down On Ponzi Apps: Nirmala Sitharaman

Cautioning investors against ponzi apps, Sitharaman said investors should do their due diligence and should not be lured by claims of lucrative returns made by...


21 April 2023
Odisha: 70-Year-Old Woman Walks Barefoot To Collect Pension, Nirmala Sitharaman Pulls Up Bank

Odisha: 70-Year-Old Woman Walks Barefoot To Collect Pension, Nirmala Sitharaman Pulls Up Bank

A video of a 70-year-old woman walking barefoot to collect her pension from a bank in Odisha went viral on social media


12 April 2023
Finance Minister Nirmala Sitharaman meets Treasury Secretary Yellen; discusses strengthening India-US economic and financial partnership

Finance Minister Nirmala Sitharaman meets Treasury Secretary Yellen; discusses strengthening India-US economic and financial partnership

Sitharaman also met with former commerce secretary Penny Pritzker and they discussed about the Digital Public Infrastructure (DPI), providing accessibility for...


07 April 2023
Finance Ministry Sets Up Panel To Review Pension System For Government Employees

Finance Ministry Sets Up Panel To Review Pension System For Government Employees

The committee would suggest whether in the light of the existing framework and structure of the National Pension System (NPS), as applicable to government...


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