Nirmala Sitharaman

New Delhi: In a major relief to the corporate sector, the government of India has slashed the Corporate Tax for Domestic Companies to 25.17 percent from the existing 30 percent. Finance Minister Sitharaman has announced that a domestic…

New Delhi: Union Finance Minister Nirmala Sitharaman will hold a review meeting with public sector banks (PSBs) today to discuss a range of issues, including follow up on transmission of monetary policy rates. Besides, doorstep banking…

New Delhi: Union Finance Minister Nirmala Sitharaman on Saturday announced a new scheme -- Remission of Duties or Taxes on Export Product (RoDTEP) -- to incentivise exporters at an estimated cost of Rs 50,000 crore to the exchequer. The…

New Delhi: Even as the Union Government has made a series of announcements that include relaxing foreign investment norms,  concessions on vehicle purchases and encouraged banks to make loans cheaper to spur growth  and recovery of economy,…

Mumbai: Union Finance Minister Nirmala Sitharaman announced Friday that several public sector banks would be merged to energise and consolidate their values as the country aims to achieve US 5 trillion dollar economy.

New Delhi: Former Congress President, Rahul Gandhi today stepped  up attack on the Centre over economic slowdown, saying  Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman are clueless about how to solve “self created…

Bhubaneswar: The center has once again disappointed Odisha in the development of Rail infrastructure in the state. Despite being the largest revenue earner for the Indian Railways, the state has been given paltry Rs 5993.00 Crore rupees in…

New Delhi: Dashing expectations, Finance Minister Nirmala Sitharaman in her maiden budget on Friday offered little relief for taxpayers with annual incomes up to Rs 5 lakh. She, however, proposed an income tax exemption of Rs 1.5 lakh on…

New Delhi: Finance minister Nirmala Sitharaman hiked tax on petrol and diesel, raised import duty on gold, levied additional surcharge on super rich and brought a tax on high value cash withdrawals as she sought to spur growth with…

New Delhi: Finance Minister Nirmala Sitharaman today presented the annual budget for the year 2019-2020 in Lok Sabha. Key Highlights * 1.95 crore houses to be constructed under PMAY from FY20-22 * Pradhan Mantri Gram Sadak Yojana - …