Finance Bill: Lok Sabha passes Finance Bill, amends LTCG tax provision on immovable properties

Finance Bill: Lok Sabha passes Finance Bill, amends LTCG tax provision on immovable properties

The Lok Sabha on Wednesday passed the Finance Bill 2024 after the central government relaxed the freshly-introduced new capital gains tax on real estate, allowing taxpayers an option to switch to a new lower tax rate or stay with the old regime that had higher rate with indexation benefit. Union Finance Minister Nirmala Sitharaman in … Read more

‘Charity Begins At Home’: FM Sitharaman Attacks Rahul Gandhi Over His Jab At ‘Budget Halwa’ Ceremony

‘Charity Begins At Home’: FM Sitharaman Attacks Rahul Gandhi Over His Jab At ‘Budget Halwa’ Ceremony

Union Finance Minister Nirmala Sitharaman speaks in the Lok Sabha during the Monsoon session of Parliament in New Delhi, on July 30. (PTI photo) Sitharaman stated that the ceremony is an “emotional and sentimental event” for the Finance Ministry staff, who spend four days and five nights in quarantine to ensure the secrecy of the … Read more

Modi Government reshaped Budget in last decade: Nirmala Sitharaman

Modi Government reshaped Budget in last decade: Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman. File | Photo Credit: ANI Finance Minister Nirmala Sitharaman on May 27 said the Modi Government has reshaped the Union budget in the last 10 years from a mere record of expenditures to a strategic blueprint for equitable distribution. The Minister asserted that the government would continue to maximise the … Read more

‘Govt My Sleeping Partner’, Says Mumbai Broker to Nirmala Sitharaman; FM Has A Witty Response

‘Govt My Sleeping Partner’, Says Mumbai Broker to Nirmala Sitharaman; FM Has A Witty Response

Union finance minister Nirmala Sitharaman (Image: News18/File) Union Finance Minister Nirmala Sitharaman gave a cryptic responses to concerns about high taxes on stock market brokers Are investors and brokers bearing an excessive tax burden in India? During a recent event in Mumbai attended by Union Finance Minister Nirmala Sitharaman, a broker raised concerns about the … Read more

India to be third top economy in few years, says Nirmala Sitharaman

India to be third top economy in few years, says Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman addresses an audience at the Shrimati Indira Gandhi College in Tiruchirappalli on March 16, 2024. | Photo Credit: ANI Union Finance Minister Nirmala Sitharaman on March 16 said India needs economic freedom to achieve developed nation status by 2047 and assured that the country would move to the third spot … Read more

FM Nirmala Sitharaman To Meet Heads Of Fintech Firms Next Week, Here’s What To Expect

FM Nirmala Sitharaman To Meet Heads Of Fintech Firms Next Week, Here’s What To Expect

Finance Minister Nirmala Sitharaman (File image: PTI) FM Sitharaman will be meeting CEOs of fintech companies next week to hear their concerns and problems. Amid the ongoing problem faced by leading fintech player Paytm, Finance Minister Nirmala Sitharaman has decided to meet heads of financial technology companies next week to persuade them to strictly follow … Read more