"The circumstances have changed and, therefore, the voices of concern are louder,'' she said at a media event, in reference to reports that her administration has received suggestions to review levies on long-term capital gains (LTCG) for overseas investors. "I quite appreciate that. So, I'll consid…
Union Finance Minister Nirmala Sitharaman acknowledged concerns from investors regarding potential tax changes to support equity markets. She emphasized that while taxation is vital, India's economic indicators remain robust and positive. Sitharaman highlighted the necessity for capital expenditure…
The government will continue to rely on capital expenditure as a key driver of economic growth while maintaining a firm commitment to fiscal consolidation, Finance Minister Nirmala Sitharaman said on Monday, highlighting the Centre's strategy of using public investment to crowd in private sector spe…
Union Finance Minister Nirmala Sitharaman highlighted the government's commitment to increasing capital expenditure to promote economic growth. She remarked on the importance of fiscal prudence while implementing spending strategies effectively. Sitharaman emphasized the need for public investment t…
In response to Rahul Gandhi's opposition to IDBI Bank's privatisation, Nirmala Sitharaman stressed the successful recovery of the bank thanks to the NDA government's strategies. She pointed to the previous UPA government's fiscal mismanagement, which caused notable losses. Sitharaman also discussed…
Fierce social media clash between Nirmala Sitharaman and Rahul Gandhi over Tata Sons infighting and alleged government pressure on Indian industry.
FM Nirmala Sitharaman warned that continued capital outflows and global investment shifting toward the US and AI markets pose major risks to India in 2027. Details here.
The GST Council recently approved substantial reforms to simplify the indirect tax structure and improve compliance. These changes include raising prosecution thresholds and decriminalising several offences, signifying a major shift in GST law. Finance Minister Nirmala Sitharaman outlined plans for…
Get The Daily every morning: the day’s banking, markets and economy stories and stock data as a digital newspaper, plus free access to our money tools. Unsubscribe any time.
