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Nirmala Sitharaman will continue as India’s finance minister in Prime Minister Narendra Modi’s third term as well, formerly she served as the union finance minister in Narendra Modi’s second term. Yesterday, Sitharaman was inducted as a cabinet minister, while Modi took his oath of office for his historic third term as the prime minister of […]
Tuesday, the government’s Finance Minister Nirmala Sitharaman said it will investigate lowering cement’s 28% Goods and Service Tax (GST) rate. In the midst of the present global unrest, she added, the nation has been able to get petroleum at comparatively reduced rates because of good leadership. She asked India Inc. for unconventional suggestions that would […]
Union FM Nirmala Sitharaman has shown the list of items, no GST would be drawn on them on loose selling and not prepacked or prelabeled. In between the protests by the opposition members on the GST levy on some new items and on the increase in the cost. Opposing the 5% GST on the food […]
In commemoration of 44th Civil Accounts Day, the Finance Minister Mrs Nirmala Sitharaman addressed the public saying that the introduction of new Indirect Tax GST What is GST and why it matters to you? Read out all impacts, including pros and cons of Goods and Services Tax on you and Indian government economy. Read More […]
On Sunday, February 1, 2026, Finance Minister Nirmala Sitharaman presented the Union Budget for the Financial Year 2026-27 in the Lok Sabha. This amendment is notable in the 2026 budget for its practical, litigation-reducing GST reforms, which simplify compliance while maintaining revenue safeguards. This makes it one of the most business-friendly GST changes introduced this […]
As per the Union Finance Minister Nirmala Sitharaman, she will monitor the execution of the GST rate reduction and ensure that the common man will benefit. The significance of public participation has been outlined by the Finance Minister. She asked the citizens to report those businesses that will not lessen the costs even after the […]
The rationale behind the landmark GST reforms of India has been illustrated by Finance Minister Nirmala Sitharaman, citing how categorised disputes lead to litigation, revenue losses, and confusion for both businesses and states. FM Sitharaman, in an interview, revisited the much-debated “popcorn example,” which she said demonstrates the classification difficulties that troubled the earlier GST […]
The Gujarat Chamber of Commerce and Industry has urged Finance Minister Nirmala Sitharaman, in a letter, to ease the GST framework by issuing industry-specific guidance notes, as the government is working on next-generation GST reforms. Nayan Sheth, chairman of the indirect tax committee of the GCCI, cited that the devotion of the government to lessen […]
Finance Minister Nirmala Sitharaman mentioned that the GST Council will proceed with the decision to have fewer and lower rates, as the review work is on track for completion. Goods and Services Tax (GST) is a four-tier tax structure with slabs at 5, 12, 18 and 28 per cent. Luxury and demerit goods are levied […]
