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Apple Tax Exemption: In Budget 2026, Finance Minister Nirmala Sitharaman has announced a major policy relief for global electronics companies, including Tim Cook-led Apple. The government will now allow foreign firms to supply machinery to their Indian contract manufacturers for up to five years without facing any tax liability. This move offers significant tax relief…
Budget 2026 On AI: Finance Minister Nirmala Sitharaman announced a new committee to study the impact of emerging technologies, such as Artificial Intelligence (AI), on India’s services sector. She said the move will help strengthen the sector as a key source of growth, jobs, and exports. She also emphasized that emerging technologies should benefit everyone,…
Budget 2026: Finance Minister Nirmala Sitharaman is presenting the Union Budget 2026. This is the first time since Independence that the Budget is being presented on a Sunday. It also marks her ninth consecutive Budget speech under Prime Minister Narendra Modi’s leadership. During her address, Sitharaman announced the launch of Semiconductor Mission 2.0. During her…
New Delhi: Finance Minister Nirmala Sitharaman will table the Economic Survey for 2025-26 in the Lok Sabha on Thursday, a day after President Droupadi Murmu`s Address to both Houses of Parliament. The Survey, which is tabled in Parliament by the Finance Minister ahead of the Union Budget, is being prepared by Chief Economic Adviser Anantha Nageswaran,…
New Delhi: Finance Minister Nirmala Sitharaman on Wednesday said that the GST 2.0 reforms, which came into effect from September 22, have given a significant push to the domestic automotive industry, with car sales more than doubling to over half a million units. Market observers say that the retail total of the entire passenger vehicle…
No news Business FM Nirmala Sitharaman Said, GST Reforms Infused ₹2 Trillion In Indian Economy New Delhi13 minutes ago Copy link New rates of GST will be applicable from 5% and 18% 22 September. Union Finance Minister Nirmala Sitharaman said on Wednesday that reforms made in Goods and Services Tax (GST) will contribute at least…
Last Updated:May 05, 2025, 22:46 is Sitharaman emphasised that India offers opportunities for ADB to pilot new, innovative financing products and models. Finance Minister Nirmala Sitharaman. (File Photo: PTI) Finance Minister Nirmala Sitharaman on Monday met ADB President Masato Kanda and Italian Finance Minister Giancarlo Giorgetti, and discussed a host of economic issues, but there…
New Delhi: India is making all-out efforts to isolate Pakistan on the international stage, while also working to halt development-related funding and bailout packages from multilateral agencies and nations. Sources told ANI that Finance Minister Nirmala Sitharaman urged Asian Development Bank (ADB) President Masatsugu Asakawa in Milan on Monday to suspend all forms of funding…
Budget 2025: Good News for Gig Workers! Finance Minister Nirmala Sitharaman has announced that gig workers will now be eligible for healthcare benefits under the Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (PMJAY). This initiative is expected to benefit nearly one crore gig workers across India. What Is AB-PMJAY? PMJAY is the world’s largest health insurance…
Budget 2025: The manufacturing sector players have widely praised the announcements made in the Union Budget 2025-26, stating that these proposals will drive innovation, job creation, and sustainability across various manufacturing industries. In her budget speech on Saturday, Finance Minister Nirmala Sitharaman announced the National Manufacturing Mission, which aims to support small, medium, and large…