Finance Minister News
Centre asks tax dept to drop tax appeals below new thresholds in 3 months
The government had in budget 2024-25 raised the threshold for filing appeals in tax disputes from ₹50 lakh to ₹60 lakh before the Income Tax Appellate Tribunal, from ₹1 crore to ₹2 crore in the case of high courts and from ₹2 crore to ₹5 crore in the case of Supreme Court.
2 min read23 Jun 2025Sitharaman to review ease of doing business, trade and refunds with top tax officers
Sitharaman will meet principal chief commissioners in CBIC on 20 June, and their counterparts in CBDT on 23 June
2 min read14 Jun 2025FM to meet heads of public sector banks on June 27 for annual review
FM to meet heads of public sector banks on June 27 for annual review
2 min read13 Jun 2025Paytm share price cracks 10% after FinMin dismisses report of MDR on UPI transactions
Paytm share price fell 10% to ₹864.40 after the Finance Ministry rejected claims about implementing a Merchant Discount Rate on UPI transactions, affecting investor confidence.
2 min read12 Jun 2025NZ’s Willis Criticizes RBNZ Handling of Orr Resignation
New Zealand Finance Minister Nicola Willis has criticized the Reserve Bank for its handling of former Governor Adrian Orr’s resignation, saying it should have been more transparent about his reason for quitting.
1 min read12 Jun 2025Sitharaman lauds SPMCIL, hopes it to get Navratna status soon
Sitharaman lauds SPMCIL, hopes it to get Navratna status soon
2 min read9 Jun 2025Uncover deep systemic threats: Sitharaman to DRI
A robust intelligence framework that detects fraud is essential, not just to catch wrongdoers but also to create a level playing field for honest trade, said finance minister Nirmala Sitharaman.
2 min read3 Jun 2025Sitharaman says regulatory delays, lengthy litigation can hamper trade talks
The finance minister’s message reflects concerns as global trade uncertainty persists even after US President Donald Trump paused his reciprocal tariffs for 90 days, giving trade partners an opportunity to strike deals
3 min read20 May 2025Sitharaman to lead Indian delegation at ADB annual meet in Milan
During her visit, Sitharaman will hold bilateral meetings with her counterparts from Italy, Japan, and Bhutan, as well as engage with heads of key international organisations,
1 min read4 May 2025Amid US tariffs, Nirmala Sitharaman says India needs support from RBI, govt; welcomes second straight 25 bps rate cut
FM Sitharaman said that she welcomed the 25 bps rate cut, adding that ‘growth is of great importance. We are at a situation where we will need every support both from the RBI and from the (finance) ministry.’
2 min read9 Apr 2025