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.
Following the introduction of GST in 2017, the Centre had decreased central excise duties on tobacco and tobacco products to allow for the levy of compensation cess in GST without large impact on tax incidence. This bill seeks to amend the central excise rates, as the cess will be discont
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
Industry body PHD Chamber of Commerce and Industry (PHDCCI) presented a set of pre-budget suggestions for the micro, small and medium enterprises (MSME) sector to the Finance Minister Nirmala Sitharaman, seeking easier taxes, cheaper credit and simpler rules for small businesses.
The first day of the winter session of Parliament saw repeated sloganeering, with the ruling party alleging that the Opposition MPs are not letting the house function. Between 11 AM to 2 PM, the house saw 3 total adjournments, and legislative business of just around 50 minutes took place.
"The Central government amended the Central Goods and Services Act of 2017, particularly section 121 to 134 of the finance Act 2025. This was passed by Parliament and enacted in 2024. These changes also came into effect on October 2025 after more than half of the states updated their GST.