In Union Budget for 2025-26 income tax exemption limit has been extended from Rs 7 lakh to Rs 12 lakh, providing significant relief to taxpayers, especially the middle class.
Speaking at a post-Budget webinar hosted by the Department of Financial Services, the finance minister recounted how some of the announcements made in the July 2024 Budget have been implemented in a short time.
The Select Committee of the Lok Sabha, under the chairmanship of Bharatiya Janata Party MP Baijayant Panda, will examine the Income-Tax Bill 2025 on March 6 and 7.
Finance Minister Nirmala Sitharaman stated on Saturday that out of 1,200 central and state government schemes, 1,100 are now under DBT, ensuring that money is transferred directly to the beneficiaries' bank accounts.
Union Finance Minister Nirmala Sitharaman, External Affairs Ministers S Jaishankar and other ministers were present during the meeting. PM Modi and Ursula von der Leyen also held a bilateral meeting at Hyderabad House in Delhi.
Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, met with H.E. Ms. Maria Luis Albuquerque, European Commissioner of Financial Services, Savings and Investments Union, and H.E. Mr. Piotr Serafin, European Commissioner of Budget, Anti-fraud and Public Administration, in Ne
Union Minister of Finance and Corporate Affairs Nirmala Sitharaman will preside over the celebrations for the 49th Civil Accounts Day to mark the Foundation Day of the Indian Civil Accounts Service in New Delhi on March 1, 2025.
"In matters of technology, India can be a leader in many aspects as we do it on a population scale. India can lend a hand to global tech group on this. Global technology group with India's steam can play a big difference," Sitharaman said.
New Delhi [India], February 25: The finance minister, Nirmala Sitharaman, has presented the first full-fledged budget of the Modi 3.0 government. The 2025-26 budget has been presented amidst two big concerns: the growing uncertainty in the global economy and hence in the export sector, and a
Thakur emphasised that the Modi government has fulfilled its commitments over the last decade, lifting 25 crore Indians out of multidimensional poverty.
He also mentioned that he would discuss the establishment of the Makhana Board, which Finance Minister Nirmala Sitharaman announced in the recent Union Budget.
India is not only adopting Artificial Intelligence (AI) but is also proactively shaping policies to ensure its effective governance, Union Finance Minister Nirmala Sitharaman stated during the 6th Convocation Ceremony of the Indian Institute of Information Technology (IIIT) Kottayam on Satur