Tag: Nirmala Sitharaman
Govt notifies Finance Act 2026 that changes tax provisions from April 1
New Delhi: The government has notified the Finance Act 2026, paving way for effecting changes in tax provisions. This Act gives effect to financial proposals…
IBC helped banks recover 52% bad loans: Nirmala Sitharaman
New Delhi: Finance and corporate affairs minister Nirmala Sitharaman on Monday said the decade-old insolvency law has been instrumental in improving the health of the…
Economy on firm footing, rupee doing fine compared to Asian peers: FM Nirmala Sitharaman
New Delhi: Finance minister Nirmala Sitharaman on Monday said the rupee is “doing fine” when compared with the relative performance of other emerging market currencies…
IBC reforms: Government moves to fix insolvency delays
Finance and corporate affairs minister Nirmala Sitharaman has moved a bill in the Lok Sabha to amend the Insolvency and Bankruptcy Code (IBC). ET looks…
Union Budget 2026 gets Parliament nod; Finance Bill approved
The Parliament on Friday approved the Finance Bill 2026 with the Rajya Sabha returning it to the Lok Sabha by a voice vote, completing the…
Government cuts excise duty on fuel, raises export costs amid West Asia crisis| Business News
The Union government has reduced excise duty on domestic petrol and diesel by ₹10 per litre each to protect consumers from rising international oil prices,…
Finance Minister Nirmala Sitharaman moves Bill to amend IBC, speed up resolution
New Delhi: Finance and corporate affairs minister Nirmala Sitharaman on Wednesday moved a bill in the Lok Sabha to amend the Insolvency and Bankruptcy Code,…
Lok Sabha approves Finance Bill, tax rules eased
New Delhi: The Lok Sabha passed the Finance Bill on Wednesday, approving several key amendments, including enhanced powers for tax authorities, changes in taxation on…
Government introduces bill to amend companies, LLP laws; proposes changes in CSR norms
New Delhi: To promote the ease of doing business and reduce compliance burden, the government on Monday proposed a raft of amendments to the companies…
SWAMIH Fund II rollout underway, Rs 15,000 crore boost for stalled housing, says Nirmala Sitharaman
SWAMIH Investment Fund II was announced as part of the recent Union Budget, and is in the process of being formally launched with an objective…