Union Finance Minister Nirmala Sitharaman, while replying to the discussion in Rajya Sabha, said the higher duties on cigarettes will be shared with the states. "This is not a cess but excise duty. The amount will be redistributed to the States as per the Finance Commission's recommendati
Russian Finance Minister Anton Siluanov expressed confidence that Russia and India can reach their shared goal of achieving USD100 billion in trade turnover by 2030, citing rapid growth in recent years and expanding cooperation across multiple sectors.
Congress MP from Haryana's Ambala Varun Chaudhury while noting that the Bill is silent on sharing the cess pool with States, suggested that the Bill be referred to a Select Committe. He noted that perhaps the name of a Bill is bilingual. The Bill can be in Hindi or English and need not be b
Union Finance Minister Nirmala Sitharaman is likely to move the Health Security se National Security Cess Bill, 2025 for consideration and passing in the Lok Sabha on Thursday.
Finance Minister Nirmala Sitharaman on Wednesday hit back at the Congress leaders who took a jibe at the government over the IMF's annual review of India's national accounts statistics giving the data Grade 'C' and asserted that the IMF report does not question the growth figures. She sai
Following the recurring adjournments in Lok Sabha on Tuesday, Finance Minister Nirmala Sitharaman is likely to move the Central Excise (Amendment) Bill, 2025, for consideration and passing in the Lok Sabha on Wednesday, as per the list of business.
Union Finance Minister Nirmala Sitharaman met senior Finance and Economic Ministers from Andorra, Montenegro, Hungary, Kuwait, Cayman Islands, Slovak Republic, Panama and Zimbabwe in New Delhi on Tuesday, reaffirming India's commitment to stronger global cooperation in tax transparency and e
New Delhi [India], December 2: In a landmark initiative to promote inclusive financial security for Indian families, ICICI Prudential Pension Funds Management Company Ltd. (ICICI PFM) announced the launch of its latest offering under the National Pension System (NPS), 'My Family My Future'.
Union Finance Minister Nirmala Sitharaman on Tuesday said the global economy is facing new and complex challenges arising from the digitalisation of economic activity and the emergence of new financial products, and stressed that these issues require joint action by all jurisdictions.
Lok Sabha saw adjournments on the first day of the winter session and the government and treasury benches sparred in the Rajya Sabha as the government went ahead with its legislative agenda.
In the Lok Sabha, Opposition members pressed for an immediate debate on SIR, triggering uproar that stalled proceedings throughout the day. Amid the din, the House managed to pass a Bill to amend the GST law in Manipur, introduced earlier by Finance Minister Nirmala Sitharaman to replace