Nirmala Sitharaman took over as the Finance Minister of India in 2019 under the Narendra Modi-led government at the Centre after former FM Arun Jaitley stepped aside on health grounds. She is India's first full-time female Finance Minister. She joined the BJP in 2006 and has come to be known as one of the highly influential figures in the political party. She was named one of Forbes “100 Most Powerful Women” in the world. She presents Union Budgets every year in February. In 2019, reduction in corporate tax rates under her leadership significantly helped the In
Replying to the Budget debate in the Rajya Sabha, Finance minister Sitharaman defended the government’s economic record and the FY27 Union budget, contending India has delivered a rare mix of strong growth, price stability and improved spending efficiency.
2 min read12 Feb 2026Finance minister counters opposition leader Rahul Gandhi's charge that budget acknowledges challenges faced by India, but fails to tackle them
3 min read11 Feb 2026Finance minister Nirmala Sitharaman said multiple proposals in the Union Budget for 2026-27 reflect the goal of job creation, key to closing the per-capita income gap with advanced economies.
4 min read5 Feb 2026Rather than extending broad-based tax cuts, Budget 2026 eases compliance requirements, rationalises TCS and offers relief on motor accident compensation thus benefitting middle class and salaried taxpayers as a whole.
2 min read4 Feb 2026Finance Minister Nirmala Sitharaman said that the gold price volatility in the commodity market exists due to the looming global uncertainty, where investors do not have confidence anymore. Here's what Sitharaman said after Budget day.
2 min read2 Feb 2026According to a PTI report, the government expects to collect ₹73,700 crore through STT in FY27. It is likely to mop up ₹63,670 crore in the current fiscal, lower than the previous estimate of ₹78,000 crore.
3 min read2 Feb 2026Budget 2026: A day after the Budget was unveiled, Opposition leaders are set to challenge the government during the Motion of Thanks debate. With 18 hours scheduled, issues such as the proposed MGNREGA repeal and SIR and UGC rules are expected to trigger sharp exchanges.
2 min read2 Feb 2026Starting 1 April 2026, any compensation and interest awarded by the Motor Accidents Claims Tribunals to an individual or their legal heirs will be entirely exempt from income tax.
2 min read1 Feb 2026In the Union Budget 2026, Finance Minister Nirmala Sitharaman announced a record ₹17.2 lakh crore borrowing plan, with a fiscal deficit target of 4.3% of GDP, causing worries about rising bond yields amid ongoing fiscal consolidation.
3 min read1 Feb 2026Nirmala Sitharaman said the government was reaching out to the common people and make sure they receive the benefits of the schemes in response to Rahul Gandhi's remarks on Budget
1 min read1 Feb 2026