Government of India working on New Income Tax Act
The Finance Ministry’s Revenue Department is expediting a comprehensive review of the Income Tax Act of 1961 to simplify and condense it by removing up...
Tag : finance minister Nirmala Sitharaman
FM Announced in Budget 2024-25 To Support Spacetech Startups With Funding of Rs 1,000Â Crores
Finance Minister Nirmala Sitharaman has announced that the Indian government will create a Rs 1,000 crore venture capital fund for investments in India’s space economy. ...
Nirmala Sitharaman Reappointed as India’s Finance Minister: Modi 3.0 Cabinet
Nirmala Sitharaman has been reappointed as India’s finance minister in Prime Minister Narendra Modi’s government in 2024. Her return to the finance ministry follows days...
Paytm Shares Jump 10% after CEO Vijay Shekar Sharma meets RBI, FM
Shares of One97 Communications Ltd, the parent company of payment aggregator Paytm, hit a 10% upper circuit after the company’s founder and CEO, Vijay Shekhar...
Government of India Budget 2024: Key Highlights And Changes
Finance Minister Nirmala Sitharaman, on 1 February, presented her sixth Union Budget 2024 in the Lok Sabha; this was an interim budget that came just...
GoI Allows Companies to List Directly on GIFT IFSC, To Attract Foreign Inflows: FM Nirmala Sitharaman
In a move to attract foreign investments, the Government of India (GoI) has given the green light for public and privately held Indian companies to...
L&T Introduces India’s First 3D-Printed Post Office Worth Rs 23 Lakh
Finance Minister Nirmala Sitharaman inaugurated India’s first 3D-printed house at the IIT Madras campus to uplift affordable housing nationwide. Two years after, Larsen & Toubro...
India’s $1 Trillion Bond Market Sees Rising Influence of Insurers
Rising public wealth in India is causing a major shift in its $1 trillion sovereign bond market. Their savings through life insurance companies, provident funds...
FM Announces Amendments in Finance Bill, Investors to be Taxed Heavily
On Friday, March 24, the Lok Sabha passed the Finance Bill 2023, part of the budget process, with some major amendments. The bill contains various...
LIC’s Debt Exposure in Adani Group Companies Falls Slightly to Rs 6,183 Crore
LIC’s debt exposure in the Adani Group of Companies fell slightly to Rs 6,183 crore on March 5 from Rs 6,347 crore on December 31,...