UPI transactions hit new high in May but cash still thriving MUMBAI: Even as the country hurtles toward a digital future with the Unified Payments Interface (UPI) clocking 60 crore transactions a day, a curious contradiction persists: cash is thriving.In the month of May, UPI transactions hit a a record 1868 crore transactions for Rs…
Finance minister Nirmala Sitharaman NEW DELHI: Finance Minister Nirmala Sitharaman on Saturday endorsed the Central Board of Indirect Taxes and Customs (CBIC) for its detailed clarification on social media allegations surrounding delays and alleged corruption in GST registration processing.Her remarks came after a Twitter user posted screenshot of posted accusations by a LinkedIn user alleging…
NEW DELHI: Union finance minister Nirmala Sitharaman on Thursday strongly hit out at Tamil Nadu chief minister MK Stalin for dropping rupee symbol from logo of the state budget, terming the move a “completely avoidable example of language and regional chauvinism”. The minister added that the DMK government’s action showcases “a dangerous mindset that weakens…
MUMBAI: Finance minister Nirmala Sitharaman on Friday called upon banks to embrace innovation and digital transformation, emphasising the need to adapt to changing customer expectations and technological advancements.At an event in State Bank of India (SBI), where she virtually inaugurated 70 new branches and 501 women customer service points across the country, she said: “With…
Nirmala Sitharaman vs P. Chidambaram: वित्त मंत्री निर्मला सीतारमण ने गुरुवार (13 फरवरी) को पूर्व वित्त मंत्री पी चिदंबरम की ‘रास्ते से हट जाओ’ वाली टिप्पणी पर पलटवार करते हुए कहा कि भारत के लोगों ने कांग्रेस को ‘सरकार से बाहर निकलने’ पर मजबूर कर दिया. सीतारमण राज्यसभा में बजट पर हुई चर्चा का जवाब…
New Income Tax Bill 2025 (AI image) New Income Tax Bill 2025: Finance Minister Nirmala Sitharaman has tabled the New Income Tax Bill in Lok Sabha on Thursday, comprising 536 clauses across 622 pages, with an aim to replace the existing 823-page law that has been in effect for 64 years. The New Income Tax…
KPMG in India did a survey in January 2025 to gather industry perspectives on the Income Tax Act review. (AI image) New Income Tax Bill: The government announced in July 2024 its intention to conduct a thorough review of the Income-tax Act, 1961. The primary objective is to transform the Income Tax Act 1961 into…
New Income Tax Slab Explain: बजट 2025-26 (Budget 2025) में मिडिल क्लास और सैलरीड क्लास के लिए वित्त मंत्री निर्मला सीतारमण (Finance Minister Nirmala Sitharaman) ने बड़ी घोषणा की. उन्होंने ऐलान किया कि अब 12 लाख रुपये सालाना कमाने वालों को एक भी रुपया टैक्स देने की जरूरत नहीं है. जबकि, जो लोग नौकरी करते…
Union finance minister Niramala Sitharaman (PTI photo) NEW DELHI: The government on Saturday announced to set up a National Manufacturing Mission to further promote Make in India initiative. The Mission’s mandate will include five focus areas ease and cost of doing business; future ready workforce for in-demand jobs; a vibrant and dynamic MSME sector; availability…
NEW DELHI: Finance minister Nirmala Sitharaman, presenting the Union Budget 2025-26 on Saturday, announced a significant increase in allocations for women and child development programs, along with key relief measures for senior citizens and vulnerable communities. Addressing concerns over old National Savings Scheme (NSS) accounts, Sitharaman announced that withdrawals from these accounts, which no longer…