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Finance Ministry News

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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 payment interface (UPI), then he would be taxed. ...
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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 demographics such as the middle class and farmers while projecting a revenue loss in direct taxes....
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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 saree choice featuring Madhubani art....
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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 include adjustments in exemption limits, tax slab revisions, increased deductions on home loans and healthcare expenses....
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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 middle class and revitalizing economic growth. ...
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...
CM MK Stalin

CM Stalin urges finance commission to prioritize state needs in recommendations

Tamil Nadu: Sharing the details in the letter, Stalin mentioned that on November 9 Sri Lankan Navy took into custody twenty-three fishermen from Rame...
Union Minister Nirmala Sitharaman.

Finance Minister invites European investors to boost India's infrastructure, green industry

During the meeting, the European Commissioner highlighted the EU's initiative called 'NextGenerationEU Green Bonds which aims to raise money for green...
Halwa ceremony before budget

Halwa ceremony: Budget 2024 preparations begin with iconic age-old annual ritual

The finance ministry organizes the Halwa ceremony before the commencement of the budget printing before it is presented in the Lok Sabha before the ti...

Vegetable prices likely come down next month: Finance Ministry

After seeing a surge in the prices of staple food, the government has announced that it is likely that vegetable prices will start cooling down fro...

Jan Dhan accounts cross ‘milestone mark’ of 50 crore: Union Finance Ministry

The total number of India’s Jan Dhan accounts had crossed a milestone of 50 crore-mark, said the finance ministry. Interestingly, among the total...

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