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We're trying to make I-T Act relevant to 21st century: Finance minister Nirmala Sitharaman

IndiaTimes Sunday, 2 February 2025
Finance Minister Nirmala Sitharaman announced that the new income tax bill, set to be presented in Parliament, will modernize the IT Act for the 21st century. The aim is to make the tax system simpler for taxpayers to navigate independently while widening the tax base.
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News video: Budget 2025: Nirmala Sitharaman Poses Outside Finance Ministry Ahead of Budget Speech

Budget 2025: Nirmala Sitharaman Poses Outside Finance Ministry Ahead of Budget Speech 03:24

Minutes before unveiling Budget 2025, Finance Minister Nirmala Sitharaman was seen posing outside the North Block, home to the Ministry of Finance. Dressed in a traditional saree and holding the iconic red budget document, she smiled for the cameras, signaling confidence ahead of the much-anticipated...

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Nirmala Sitharaman Nirmala Sitharaman Indian economist and politician (born 1959)

CM Yogi hails GST reform as a milestone towards Swadeshi and self-reliance

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India is set for a major GST overhaul starting September 22, as Finance Minister Nirmala Sitharaman announced a new two-tier GST rate structure of 5% and 18%. From soaps to small cars, several common-use items will see revised prices. Sitharaman said the move is part of a broader “structural reform” aimed at strengthening the economy while reducing rates on essentials. The GST Council’s decision was unanimous, with no state opposing the revision. According to the Finance Minister, the changes focus on the main drivers of the economy while making goods of daily use more affordable for ordinary citizens. So, what gets cheaper and what turns costlier? Watch the full breakdown of India’s biggest GST shake-up in years. #GST #NirmalaSitharaman #GSTOverhaul #IndiaEconomy #GSTCouncil #BreakingNews #TaxReform #CommonMan #IndiaNews #Finance ~HT.318~PR.152~ED.346~

Credit: Oneindia    Duration: 18:22Published

'Our pleas fell on deaf years': Congress 'welcomes' GST rate cuts; but calls decision '8 years too late'

Congress has criticized the Centre's recent GST cuts as belated, arguing the original tax design was flawed. Finance Minister Nirmala Sitharaman announced the..
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GST Council Meeting Live Updates: Nirmala Sitharaman focuses on easing indirect tax system, reducing GST slabs

The Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising ministers from all states, will discuss the Centre's 'next-gen' GST reform..
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Parliament Parliament Legislative body of government

PM arrives at Parliament ahead of PMQs [Video]

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Prime minister Sir Keir Starmer arrives at the Houses of Parliament ahead of this week's Prime Minister's Questions. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:32Published
Reshuffled cabinet meets PM after summer break [Video]

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Home Secretary vows to end asylum hotels in the UK [Video]

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Credit: ODN    Duration: 00:59Published

From Puri to Delhi: Jagannath Rath Yatra wheels to adorn Parliament; LS speaker Om Birla gives nod

Lok Sabha Speaker Om Birla has approved a proposal to install three wheels from the Puri Rath Yatra chariots in the Parliament premises. The Shree Jagannath..
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Students clash with riot police in Jakarta over MPs’ housing benefits [Video]

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Students clash with riot police in Jakarta over MPs’ housing benefits Riot police clashed with thousands of students in Jakarta on Monday as protests erupted against lawmakers’ allowances, with demonstrators attempting to march on Indonesia’s Parliament building. READ MORE : http://www.euronews.com/2025/08/25/students-clash-with-riot-police-in-jakarta-over-mps-housing-benefits Let the pictures do the talking: subscribe to No Comment No Comment is brought to you by euronews, the most watched news channel in Europe.

Credit: euronews (in English)    Duration: 01:00Published

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