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Finance Ministry News

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After 20 years, Nitish gives Home to BJP’s Samrat Choudhary- what’s the signal?

Bihar CM Nitish Kumar distributed portfolios among 26 ministers of the new NDA government. For the first time, the Home Department was handed over to BJP's Deputy CM Samrat Chaudhary....
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GST Collections Rise 4.6 per cent to Over Rs 1.95 Lakh Crore in October

Collections under CGST, SGST, and IGST increased, while cess slightly declined. The GST Council also introduced key rate reforms to simplify the tax structure and support economic growth....
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ITR Filing Deadline: No Extension Beyond September 15- Know the Reasons & Key Rules

If you have not yet filed your Income Tax Return (ITR), then now you have time only till September 15, 2025. The Finance Ministry has made it clear that this time the deadline for ITR filing will not be extended....
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Finance Ministry Suggests Two-Slab GST Structure and Tax Cuts Following PM Modi’s I-Day Address

The plan includes special rates for certain goods, lower taxes on essentials and aspirational products, and aims to simplify the tax structure. The GST Council is set to review the proposal in September....
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10% Drop in Paytm Shares After Finance Ministry’s UPI Clarification

Shares of One 97 Communications, Paytm’s parent company, crashed 10% to an intraday low of ₹864.20 on the BSE, following a Finance Ministry statement debunking rumors of a Merchant Discount Rate on UPI transactions ...
UPI

Will UPI Payments Above ₹2000 Be Taxed? Government Issues Clarification

Recently, a news was becoming increasingly viral on social media, in which it was claimed that if a person pays more than Rs 2000 through a unified pa...
Closer Look at Income Tax Benefits Under Budget 2025-26

Transformative tax reforms announced in Budget 2025-26: No income tax for individuals earning up to Rs12 lakh | Full details inside

Union Budget 2025: The Budget 2025-26 emphasizes India's rapid economic growth and introduces significant income tax relief aimed at empowering key de...
Nirmala Sitharaman Shines in Traditional Saree During Historic Budget 2025 Speech

Budget Day elegance: Nirmala Sitharaman's cream, gold saree with Madhubani border celebrates India's cultural heritage

Nirmala Sitharaman's Budget 2025 speech not only highlights economic strategies but also celebrates India's cultural heritage through her elegant sare...
Can Budget 2025 deliver financial relief? Middle-Class seek higher deduction, lower tax burdens amid

Can Budget 2025 deliver financial relief? Middle-Class seek higher deduction, lower tax burdens amid economic strain

New Delhi: As India's middle class looks towards Budget 2025 with high expectations for tax relief amidst economic pressures, key areas of focus inclu...
PM Modi

Will Nirmala Sitharaman deliver much-needed Income Tax relief for middle class? Insights from PM Modi's address ahead of Budget 2025

New Delhi: Prime Minister Narendra Modi's address sets high expectations for Budget 2025 with hopes for income tax relief aimed at supporting India's ...
Nirmala Sitharaman

Economic survey 2025 set to unveil key insights today: What you need to know before Union Budget?

The Economic Survey will be presented today by Finance Minister Nirmala Sitharaman at noon in Parliament as a precursor to the Union Budget 2025-26. ...
Will Analysts’ Predictions Drive Markets to New Heights or Cause a Downturn?

Budget 2025: Will analysts’ predictions drive markets to new heights or cause downturn?

In an eventful week ahead, stock market investors will take cues from major events like the US Federal Reserve's interest rate decision, the upcoming ...
Nirmala Sitharaman

Finance minister attends Halwa ceremony, signaling completion of budget 2025 preparations

Sitharaman is going to present Budget 2025-26, the eighth straight budget in a row, on the backdrop of GDP growth moderating to 6.4 per cent in the fi...
Union Minister Nirmala Sitharaman.

Industries anticipate comprehensive measures in upcoming budget for economic growth

The industry is hopeful that the government will announce a slew of measures to boost consumption by ensuring more money in the hands of people, boost...
Union Minister Nirmala Sitharaman.

Budget session scheduled from January 31 to April 4: Full details inside

The first part of the Budget Session will have nine sittings from January 31 to February 13 when Prime Minister Narendra Modi will respond to the Moti...

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