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Finance Minister Nirmala Sitharaman addresses the 12th SBI Banking and Economics Conclave 2025, in Mumbai, on November 6, 2025. Picture: X/@nsitharamanoffc Finance minister Nirmala Sitharaman on Thursday (November 6, 2025) asked banks to adhere to system driven lending practices and learn from the past so that financial discipline is not threatened. “We have many self-reliant…
Union Minister for Finance and Corporate Affairs Nirmala Sitharaman. File | Photo Credit: Special Arrangement Finance Minister Nirmala Sitharaman on Saturday (October 18, 2025) said the benefits of GST reforms are reaching consumers in the form of reduced prices. Addressing a press conference on GST Bachat Utsav, she said the government has been monitoring price…
Union Finance Minister Nirmala Sitharaman along with other dignitaries during the launch of the Nationwide Awareness Campaign of Unclaimed Financial Assets, in Gandhinagar on Saturday (October 4, 2025). | Photo Credit: ANI Union Finance Minister Nirmala Sitharaman on Saturday (October 4, 2025) said financial assets worth ₹1.84 lakh crore were lying unclaimed with banks and…
Union Finance Minister Nirmala Sitharaman addressing a function organised as part of the centenary celebrations of the Tamil Nadu matchbox industry at Kovilpatti in Thoothukudi district on Saturday, September 20, 2025 | Photo Credit: N. Rajesh Union Finance Minister Nirmala Sitharaman on Saturday (September 20, 2025) lauded the efforts of women labourers employed in matchbox…
The Laghu Udyog Bharati – Gujarat has sought a reduction of GST from 18% to 5% for submersible pumps. The Association said the more than 90% of submersible pumps (HSN: 84137010) are used in the agricultural sector for irrigation and drinking water supply. The GST Council has considered these pumps under industrial-use classification. But, submersible…
A 68-year-old resident of Santoshnagar lost ₹14.35 lakh to fraudsters who used Finance Minister Nirmala Sitharaman’s photograph in a fake advertisement. According to police, the victim came across a Facebook advertisement in June 2025, which promised high returns through investments in metal trading. After clicking the link, he received WhatsApp calls from a man claiming…
NEW DELHI: With the BJP planning a nationwide outreach programme to apprise people, including traders, of the latest GST reforms brought in by the Modi govt, finance minister Nirmala Sitharaman on Saturday shared key features of the reforms with party’s media department and other senior functionaries from the organisation.While Sitharaman spoke about the reforms to…
Food from restaurants inside hotels with room rents of above ₹7,500 per day will continue to attract 18% GST. | Photo Credit: Getty Images/iStockphoto Hoteliers have been confused over a listing in the exercise to revamp the Goods and Services Tax (GST). While the announcement says Indian rotis, including parathas, will not attract any tax, many…
Representative image | Photo Credit: Reuters The GST rate for labour charges (job work) has been increased from 12% to 18% and it is expected to hit hard the Micro, Small, and Medium-scale Enterprises (MSMEs). C. Sivakumar, president of the Coimbatore Tiruppur district Micro and Cottage Entrepreneurs Association, said one of the long-pending demands of…
Nirmala Sitaraman, Union Finance Minister, Edappadi K. Palaniswami, AIADMK general secretary, and K. Annamalai, former BJP T.N. president, at an event marking the 24th death anniversary of G.K. Moopanar, founder of the Tamil Maanila Congress (Moopanar), in Chennai on Saturday | Photo Credit: S.R. Raghunathan Union Finance Minister Nirmala Sitharaman on Saturday (August 30, 2025)…
