Nirmala Sitharaman

GG News Bureau New Delhi, 18th Oct: Union Ministers Nirmala Sitharaman, Piyush Goyal, and Ashwini Vaishnaw held a joint press conference in New Delhi on the GST Bachat Utsav, outlining the impact of Next-Gen GST Reforms on consumer…

Two-Slab Structure: GST reduced from four tiers to 5% and 18%. Lower Tax for Essentials: Many goods shifted from 12%/18% to 5%, essentials at 0%. Nationwide Benefit: Reform to ease tax burden for 1.4 billion citizens.…

India and Israel sign Bilateral Investment Agreement (BIA) in New Delhi. Signed by Nirmala Sitharaman and Bezalel Smotrich. Provides investor protection, arbitration-based dispute resolution, and safeguards against expropriation.…

Nearly 400 products to see price reduction from September 22. Daily essentials like bread, milk, paneer will be tax-free; most goods at 5%, others at 18%. Premiums on health and life insurance now tax-free; sin goods taxed at 40%.…

S&P upgraded India's credit rating to BBB for the first time in nearly two decades. The upgrade is based on India's 8.8% real GDP growth and commitment to fiscal consolidation. The agency said the impact of US tariffs on…

The new Income Tax (No. 2) Bill, 2025, which will replace the Income Tax Act of 1961, has been passed by a voice vote in the Lok Sabha. The bill is based on the "S.I.M.P.L.E." principles, standing for a 'Streamlined, Integrated,…

Union Parliamentary Affairs Minister Kiren Rijiju defended the government's withdrawal of the new Income Tax Bill, calling it a "normal procedure" for incorporating a large number of amendments. The Bill was withdrawn to integrate…

GG News Bureau New Delhi, 2nd July: Following earlier income tax concessions, the Central government is now reportedly preparing to offer significant relief to middle and lower-income households through a potential reduction in the Goods…

GG News Bureau New Delhi, 9th May: Finance Minister Nirmala Sitharaman on Friday chaired a high-level meeting with CEOs of banks and insurance companies to review their operational and cybersecurity preparedness, directing them to ensure…

GG News Bureau New Delhi, 6th May: Diplomacy, often a game of shadows and speculation, thrives on perception. In an age where narratives shift with every tweet and press release, Bharat’s Finance Ministry has made an emphatic effort to set…