The Union Finance Minister stated that capital expenditure has the potential to benefit a range of core industries, making it an effective way to ensure that money is directed to the right places and generate multiplier effects.
The meeting between the Finance Minister and the High Commissioner of Sri Lanka took place just ahead of the first meeting of the G20 Finance Ministers scheduled to be held on February 24-25, 2023 in Bengaluru, chaired by Minister Sitharaman.
While replying to a query from DMK MP T Sumathy, the Finance Minister said, "At the moment, they (cryptocurrencies) are largely unregulated in India; whether it is mining or the asset or whether it is the transaction, we recognise that it is completely driven by technology and a standalon
Responding to a question on the new income tax regime announced in the Union Budget 2023, the Minister said that the simple step of trying to leave some money in the middle-class' hands leads to a lot of inferences. "We had said earlier we will simplify and reduce income tax rates, that's wh
The Governor was speaking at a joint conference of the central bank and the Finance Ministry held after the address of Finance Minister Nirmala Sitharaman to the Central Board of Directors of RBI in the customary post-Budget meeting on Saturday.
Union Finance Minister Nirmala Sitharaman on Friday termed the oil bonds issued during the Congress-led UPA government's tenure as "trickery", saying that the present government is repaying the burden
Replying to the debate in Lok Sabha on the general budget on Friday, the Finance Minister also talked about the new tax regime stating that it will leave higher disposable income in the hands of people.
The minister, who gave point-by-point answer to the questions raised by opposition members in her reply to the debate on union budget, referred to charges levelled by Congress and said such allegations will be "given back in the same language".
Union Finance Minister Nirmala Sitharaman on Friday said the Congress leaders should 'wash' their faces with 'Dettol' before they talk about corruption.