NEW DELHI: FM Nirmala Sitharaman on Monday clarified in the Lok Sabha that India’s rising gold reserves, including those held by RBI, is not intended to replace any international currency.She responded to Congress MP Manish Tiwari’s concerns about whether the global shift towards gold signalled a move away from the US dollar as a dominant…
Last Updated:February 10, 2025, 15:05 IST Under the PM Jan Arogya Yojana, gig workers would be eligible for healthcare benefits, which include an annual insurance coverage of Rs 5 lakh per family. The goal of this program is to give workers in the unorganised sector social protection. Finance Minister Nirmala Sitharaman announced in her Union…
NEW DELHI: Finance minister Nirmala Sitharaman is likely to introduce the new income tax bill in Parliament on Tuesday, with the legislation likely to be referred to a standing committee for examination.“I hope to have it introduced in Lok Sabha in the coming week. The process is the committee gives its recommendation, it comes back,…
New Income Tax Bill: Prime Minister Narendra Modi-led Union Cabinet has cleared the New Income Tax Bill today, according to a PTI report. The Income Tax Bill being cleared by the Cabinet paves way for it to be tabled in the Parliament next week as part of the Budget session.The proposed New Income Tax Bill,…
Last Updated:February 03, 2025, 11:27 IST On February 1, Finance Minister Nirmala Sitharaman reduced the railway budget allocation to Rs 2.55 lakh crore for the Union Budget 2025-26 Budget 2025 derails railway stock momentum Shares of Jupiter Wagons fell by as much as 8% on Monday, reaching Rs 347.4 on the BSE, while Ircon International…
NEW DELHI: Finance minister Nirmala Sitharaman, paraphrasing Abraham Lincoln, described the Union Budget as “by the people, for the people, of the people” during an interview with PTI on Sunday. She said that Prime Minister Narendra Modi was fully supportive of tax cuts, but bureaucratic hurdles delayed the decision. “We have heard the voice of…
In her eighth budget speech presented in Parliament, Union finance minister Nirmala Sitharaman positioned agriculture as “the first engine of growth”. She unveiled several initiatives aimed at boosting the sector, including the Prime Minister Dhan-Dhaanya Krishi Yojana, a scheme designed to target regions with low farm productivity. The plan, in partnership with states, aims to…
Finance minister Nirmala Sitharaman Saturday announced the govt’s plan to transform India Post into a large logistics organisation with 1.5 lakh rural post offices.In her Budget speech, Sitharaman said India Post’s rural post offices will emerge as a catalyst for the rural economy. “India Post with 1.5 lakh rural post offices, complemented by the India…
Finance minister Nirmala Sitharaman announced a significant increase in allocation for the education sector, focusing on last-mile broadband connectivity in rural schools that were worst hit by insufficient internet coverage during Covid. Infrastructure expansion for IITs, medical education and AI in learning were also among the Budget highlights.The digital push is expected to boost broadband…
NEW DELHI: The opposition on Saturday criticised the Union Budget presented by finance minister Nirmala Sitharaman and claimed that the government missed the opportunity to cut slacks for several groups.Aam Aadmi Party chief Arvind Kejriwal attacked the government for not waiving off home loans and vehicle loans of the middle class and farmers.Taking to X,…
