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Budget 2025: Nirmala Sitharaman Poses Outside Finance Ministry Ahead of Budget Speech [Video]

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

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..

Credit: Oneindia     Duration: 03:24Published

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Budget 2025: What is halwa ceremony and what does it signify?

The halwa ceremony is a significant event as it also marks the beginning of lockdown at the finance ministry.
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Finance ministry to review inclusion plans


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Small savings schemes: What are the latest interest rates for post office schemes like PPF, SSY, SCSS for Jan-March 2025?

Small Savings Schemes Interest Rates January-March 2025: Interest rates for post office savings schemes remain unchanged for January-March 2025, according to the Finance Ministry. Rates for small..
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Small savings scheme interest rates constant for fourth consecutive quarter of January-March

Interest rates for various small savings schemes remain unchanged from January 1 to March 31, 2025. Rates include Sukanya Samriddhi Scheme at 8.2%, PPF at 7.1%, and NSC at 7.7%. This is the fourth..
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BSNL's VRS 2.0 Plan Could Lead To 19,000 Job Cuts, Report Reveals

The communications ministry plans to seek Cabinet approval once it secures clearance from the finance ministry.
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RBI policies may have contributed to economic slowdown: Finance ministry

The finance ministry's report indicates that the combination of RBI's monetary policy and structural factors may have led to the economic slowdown. The ministry highlighted slowed urban consumption and..
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Will focus on quality public spending: Government

The finance ministry has informed Parliament that the government's focus is on enhancing the quality of public spending, while also strengthening social security for the underprivileged. Despite global..
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'Some are unhappy': Deputy CM Ajit Pawar on portfolio allocation in Maharashtra government

Maharashtra Deputy CM Ajit Pawar acknowledged some ministerial dissatisfaction after portfolio allocations. Pawar, retaining the finance ministry, assured pending projects would resume after the..
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Maharashtra portfolio allocation: CM Fadnavis keeps home ministry, Ajit Pawar gets finance, Shinde gets urban development

Maharashtra Chief Minister Devendra Fadnavis retained key portfolios including Home, Law, and Judiciary, while Deputy CM Eknath Shinde received Urban Development and Public Works. NCP leader and Deputy..
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48 Crore Indians Enrolled In Rs 2 Lakh Accident Insurance Under PMSBY: Finance Ministry

Pradhan Mantri Suraksha Bima Yojana: The Ministry added that Pradhan Mantri Jan Dhan Yojana (PMJDY) has become a cornerstone of financial inclusion with more than 54 crore beneficiaries, empowering..
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EPFO Pension Alert! Will Govt Increase Minimum Pension Amount EPF Scheme? Check What FinMin Said

Pankaj Chaudhary, Minister of State for Finance, stated that the Ministry of Labour and Employment has received representations from stakeholders, including trade unions, requesting an increase in the..
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RBI, Finance Ministry Coordination At Its Best, Says Outgoing RBI Governor Shaktikanta Das In His Farewell

Outgoing RBI Governor Shaktikanta Das has highlighted the wide-ranging 'consultative approach' and the emphasis on the need for financial inclusion during his 6-year tenure. 
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Shift of Sanjay Malhotra creates major gap in Budget team

Revenue secretary Sanjay Malhotra's transfer to Mumbai has left a key position vacant weeks before the Union Budget. This isn't unprecedented, but the new appointee will need to quickly grasp complex..
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Assocham Seeks TDS Rate Rationalisation In Budget For 2025-26

Business chamber Assocham has submitted its pre-Budget 2025 memorandum to the Union Finance Ministry.
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Finance Ministry announces DA hike for certain central government employees: Here's all you need to know

Dearness Allowance is a critical part of government employees' and pensioners' earnings, helping to balance rising living costs and providing financial relief in times of inflation
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In a first, banks embrace spirit of Maha Kumbh with special edition cards

Three major Indian banks, with approval from the Union Finance Ministry, are releasing special edition debit and credit cards featuring the Maha Kumbh logo. Available exclusively in Prayagraj, the..
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Demand conditions in economy need to be watched: Finance ministry

The Indian economy looks promising with a stable external sector and a boost from the festive season. However, slow urban demand due to high food inflation and softening consumer sentiments raises..
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Parliamentary panel summons SEBI Chief Buch, top Finance Ministry officials amid Adani-Hindenburg row

SEBI Chief Madhabi Puri Buch has been summoned by a Parliamentary panel amid allegations over her 'links with the Adani group'.
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Finance Ministry's BIG Step For Central Govt Pensioners; Issues THIS Directives To Banks

The finance ministry in an office memorandum (OM) has directed banks to ensure timely disbursement of pensions and family pensions, i.e by the end of every month.
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Central govt to issue Rs 20,000 crore 'Sovereign Green Bonds' in four tranches in FY25

The Finance Ministry aims to accumulate Rs 20,000 crores by issuing 'Sovereign Green Bonds' in the second half of FY 2025. These bonds will support environmentally sustainable projects and will be..
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6 income tax rules that will be in effect before the Union budget meetings commence

The finance ministry's pre-Budget meetings will run from October 10 to November 11, covering key ministries. Effective October 1, changes include the discontinuation of Aadhaar for PAN and ITR, higher..
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Economy on track for 6.5-7% growth in FY25: Finance minister

The finance ministry of India reports solid macroeconomic stability marked by steady growth in investment, employment, and inflation trends. However, global economic uncertainties and potential stock..
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Sukanya Samriddhi Yojana: What are the latest guidelines for SSY accounts? Check here

Sukanya Samriddhi Yojana: The Department of Economic Affairs under the Finance Ministry has issued new guidelines for Sukanya Samriddhi Yojana accounts. These include transferring guardianship to legal..
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Petrol, Diesel Prices May Become Cheaper? Petroleum Secretary Hints At Good News, But There's A Catch

The Petroleum Secretary also said that government is mulling removal of windfall tax, stating that India's oil ministry is in talks with the finance ministry regarding the same.
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Exporters fret over dip in credit as costs soar

Over the past two years, credit to exporters has decreased by 5%, despite economic growth. Priority sector lending for exports has fallen by 41%, leading the commerce department to engage with RBI and..
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SEBI employees call for chief Madhabi Puri Buch's resignation over alleged 'toxic' work culture

SEBI's management has rejected these claims of a "toxic" work culture, which were raised in the employees' complaint letters to the Union Finance Ministry.
DNA - Published

Finmin relaxes norms for expenditure exceeding Rs 500 crore to give boost capex

The finance ministry has relaxed norms for expenditures above Rs 500 crore to expedite capital expenditure, pegged at Rs 11.11 lakh crore for the current fiscal year. This initiative aims to enhance..
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'Shouting, Scolding, Public Humiliation Became Norm In Meetings' -- 500 Sebi Officials Lodge Complaints, Cite Toxic Work Culture

In what seems to be mounting worries for Sebi Chief Madhabi Puri Buch, Sebi officials have written a letter to the finance ministry citing toxic work culture inside the regulatory body.
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SEBI officials complain to Finance Ministry of 'toxic' work culture: Report

The officials claim that their concerns were ignored by management, leading them to seek intervention from the finance ministry.
DNA - Published

April-June GDP growth falls to 5-quarter low of 6.7%

In the April-June quarter, India's GDP growth slowed to 6.7%, the lowest in five quarters. The farm and services sectors remained sluggish, while manufacturing and construction were resilient. Despite..
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No Restrictions On LGBTQIA+ Couples To Open Joint Bank Accounts; Can Name Partner As Nominee: Read Finance Ministry Advisory

Big boost to LGBTQIA+ Couples! Finance ministry says they can open joint bank account and even name their partners as nominee.
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Big News For LGBTQ Community: Finance Ministry Allows Joint Bank Accounts And Queer Beneficiaries

The Finance Ministry, in an advisory dated August 28, clarified that individuals from the queer community can freely open joint bank accounts.
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Recognise, Honour and Celebrate of Exemplary Achievements in the Global Fintech Landscape

While global experts deliberated upon major fintech policy issues 360 degrees at the *Global Fintech Fest 2024 (GFF 2024)* over three days, August 28-30, the results of the prestigious Global Fintech..
NewsVoir - Published

LGBTQ persons can open joint bank accounts, nominate partners as beneficiaries

The finance ministry announced that LGBTQ individuals face no restrictions in opening joint bank accounts or nominating their partners as beneficiaries. The advisory was posted by department of..
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Finance ministry cuts minimum public float need for IFSC listing

The finance ministry has adjusted the minimum public float requirement from 25% to 10% to attract companies to list on stock exchanges at IFSC, Gandhinagar. This policy change is intended to match..
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Paytm secures finance ministry approval for investment in payment services business

Paytm has received the green light from the finance ministry to invest in its payment services business. The company aims to reapply for the license for its payment services. Though Paytm remained..
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Eco momentum remains intact: Finance ministry

India maintains strong economic activity with a projected real GDP growth of 6.5-7% for FY25, even with erratic monsoon patterns. The finance ministry's recent report highlights increased GST..
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After Finance Ministry, Karnataka Opens Front Against SBI, PNB; Halts Transactions

The order also specifies that no further deposits should be made into SBI or PNB. 
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Hindenburg vs Adani: Sebi chief Madhabi Buch's links need judicial probe, says former Finance Ministry secretary

Sebi chief Madhabi Buch cannot give a clean chit to herself, he said.
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Hindenburg-Sebi Chief Saga: Ex FinMin Secretary Says There Should Be Judicial Probe Into Conflict Of Interest Allegations

Former finance ministry secretary EAS Sarma has also suggested for an independent judicial commission, whose head should be nominated by the Chief Justice of India, to conduct the probe in a time-bound..
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Will govt employees, pensioners get 18-month DA arrears? Know what Finance Ministry said about unpaid dues

The issue of non-payment of 18-month DA arrears was raised again in the Parliament
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What Is Govt Doing On Payment Of 18-Month DA Arrears Withheld During Covid? Here’s Finance Ministry Latest Response On Rs 34,402 Cr Dues

18-Month DA Arrear: Two MPs had requested an explanation from the government asking why the third-largest economy in the world was not able to release the withheld arrears, asking for specifics of the..
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Big Finance Ministry Move Soon On Property Transaction Amid Indexation Discontent

In the Finance Bill, Sitharaman proposed a flat long-term capital gains tax of 12.5 percent with no indexation benefits. 
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Finance ministry asks state-owned insurance companies to focus on profitable businesses

The finance ministry directed state-owned general insurers to focus on profitability over top-line growth. Following Rs 7,250 crore in capital infusions, companies like Oriental Insurance saw..
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Rs 32,000 crore Infosys tax row set for swift closure

The move follows the swift intervention of the finance ministry to quell the outrage among businesses without denting business sentiment, as India Inc rallied behind Infosys as a show of strength..
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Changes in LTCG tax post Budget 2024: Higher tax rate with indexation benefits, grandfathering for ancestral properties being considered?

The Modi government's Union Budget 2024 proposed reducing the LTCG tax on property to 12.5% and eliminating indexation for post-April 2001 purchases. Industry groups are suggesting a gradual shift and..
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Tax clearance certificate not needed for all

The finance ministry clarified that amendments to the Black Money Act would not require all residents traveling overseas to obtain a tax clearance certificate. Only those facing investigations or with..
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Finance ministry plugs under-reporting of income by overseas taxpayers


IndiaTimes - Published


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