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Finance Ministry News

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Union Budget 2026-27: Middle class may face BIG setback; know Finance Minister Nirmala Sitharaman's plans

As the Union Budget 2026 approaches, the expectations of salaried and middle-class taxpayers have risen once again. ...
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Budget 2026: What is Halwa Ceremony and Why Does It Matter?

The annual Halwa Ceremony, which is far more than a tradition, signals that the Budget has entered into its final stage and most confidential phase of preparation ahead of its presentation....
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Budget 2026: Good news for married couples! May receive BIG gift from Finance Minister

The central government is considering providing significant relief to married taxpayers before the Union Budget 2026. The Finance Ministry is preparing to introduce an alternative taxation system....
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8th Pay Commission comes into effect: Know big changes affecting your pocket

The 7th Pay Commission ended on January 1, 2026, and the 8th Pay Commission came into effect. Employees had been waiting for this for a long time....
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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....
GST Collections Rise 4.6 per cent to Rs 1.95 Lakh Crore in October

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 s...
ITR Filing Deadline: No Extension Beyond September 15- Know the Reasons & Key Rules

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 t...
GST Reforms: MoF proposes 2-slab rate structure, reduction of taxes after PM Modi's I-Day speech

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 GS...
Paytm

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 statem...
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. ...

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