Tag: Parliament
No transaction charge on UPI for users, small merchants: Nirmala Sitharaman
Indian customers will continue to use instant digital payments without paying any transaction charge, Union finance minister Nirmala Sitharaman assured the Parliament on Monday, saying…
India’s exports from SEZs up 11.8% in 2025-26: Govt
New Delhi: The country’s exports from special economic zones (SEZs) rose by 11.8 per cent year-on-year to Rs 16,36,192 crore (USD 185.28 billion) in 2025-26,…
Taxation laws amendment bill: Government proposes simplified exemption framework for offshore funds
New Delhi: Finance Minister Nirmala Sitharaman is likely to introduce a bill in Parliament soon to “significantly simplify” the framework governing offshore investment funds by…
ITC fraud worth Rs 74,782 crore detected in FY26; Maharashtra, Gujarat lead
Central GST officers detected 30,162 cases of input tax credit (ITC) fraud involving Rs 74,782 crore in 2025-26, with Maharashtra and Gujarat accounting for the…
Govt gets Parliament nod for Rs 2.01 lakh crore additional spending in FY26
Parliament on Tuesday approved the second batch of supplementary demands for grants, allowing the government to spend an additional Rs 2.01 lakh crore in the…
Labour-intensive sectors & biopharma receive strong push in Budget, says Sitharaman
Finance Minister Nirmala Sitharaman on Wednesday asserted in the Lok Sabha that the Budget prioritises labour-intensive sectors and gives a strong push to biopharma, as…
Union Budget 2026: Parliament gets an allocation of Rs 1,492
New Delhi: The Union Budget presented by Finance Minister Nirmala Sitharaman on Sunday has allocated Rs 1,492 crore for the functioning of both Houses of…
Landmark free trade milestone in 2025 injects momentum behind stronger India-UK ties
London: The highly anticipated free trade deal between India and the UK, in the works for over four years, came to fruition in 2025, alongside…
Parliament clears VB-G RAM G Bill, replacing MGNREGA amid Opposition protests
Parliament on Friday passed the Viksit Bharat–Gramin Rozgar Aur Maanav Garima (VB-G RAM G) Bill through a voice vote amid protests by opposition parties, which…
Parliament approves Central Excise (Amendment) Bill, 2025 to levy excise duty on tobacco
Parliament on Thursday approved a bill to levy a higher excise duty on tobacco and related products once the GST compensation cess ends, with the…