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Friday, August 8, 2025
TopicFinance Minister Nirmala Sitharaman

Topic: Finance Minister Nirmala Sitharaman

Nirmala Sitharaman is an Indian politician with the Bharatiya Janta Party (BJP), and has served as Minister of Finance and Minister of Corporate Affairs since 2019 (this is as of March 2024). In the first Modi government, Sitharaman served as the Minister of Defence between 2017 and 2019, thereby becoming India’s second female defence minister and the second female finance minister after Indira Gandhi, and the first full-time female minister to hold each of those portfolios.

Sitharaman first joined the BJP in 2004 and was appointed party spokesperson six years later. She was first elected to the Rajya Sabha in 2014. While presenting her first budget, she made a statement by replacing the traditional budget briefcase with a ‘bahi-khata’ with the National Emblem to carry the speech and other documents.

Govt withdraws new Income-Tax Bill 2025 from Lok Sabha, to table amended bill

ANI -
FM Nirmala Sitharaman Friday moved to withdraw the Income-Tax Bill, 2025, after the BJP MP Baijayant Panda-headed 31-member Select Committee had suggested a few changes to the legislation.

Modi govt withdraws Income Tax Bill 2025, Sitharaman likely to introduce updated bill next week

Udit Bubna -
New Delhi: The Income Tax Bill, 2025 has been withdrawn and an updated version is likely to be introduced in the Parliament next week. In...

Govt’s earlier FDI limit of 74% in insurance sector has remained underutilised, Parliament told

Udit Bubna -
In the latest budget, the FDI limit was increased to 100 percent, but most foreign companies are not buying such large stakes in the Indian insurance sector.

Parliament Monsoon Session: Modi holds meeting with senior ministers

ANI -
Modi held meeting at Parliament House with Union ministers Amit Shah, JP Nadda, Rajnath Singh, Shivraj Singh Chouhan, Nirmala Sitharaman, Kiren Rijiju, and Arjun Meghwal.

‘Said I treated her like bachchi, bitched about her’—behind Sitharaman’s ire at ex-finance secy Subhash Garg

Sanya Dhingra -
From Nirmala Sitharaman to Vasundhara Raje & Chandrababu Naidu, Garg's book 'No, Minister' details years of behind-the-scenes political friction.

Finance Minister Sitharaman promises to boost GCC growth by easing taxation rules, govt support

Kasturi Walimbe -
Speaking at Global Capability Centers Summit in Delhi, the minister highlighted the sector could grow up to $200 billion by 2030 in India.

India’s agriculture & dairy ‘big red lines’ for US in trade talks, says FM Nirmala Sitharaman

Reuters -
As India and the US negotiate a trade deal ahead of Donald Trump's 9 July deadline to impose reciprocal tariffs, Sitharaman wants to have a 'big beautiful agreement'.

How Modi govt saved Rs 11,000 cr in 3 yrs & brought in financial transparency with this pivot

TCA Sharad Raghavan -
This system has also meant that the Centre can transfer money to states for a scheme exactly when they need it, rather than having to park funds in bank accounts for the full fiscal year.

Govt’s new income tax bill will require you to share passwords with tax officials during searches

TCA Sharad Raghavan -
FM Nirmala Sitharaman said draft Bill—tabled in Lok Sabha & sent to Parliamentary Select Committee for review—incorporated “substantial changes” from original Act. Tax rates remain unchanged.

‘Average tax under GST dropped from 15.8 % to 11.3 %,’ Nirmala Sitharaman says in RS Budget session

ANI -
Sitharaman was answering question raised by AITC MP Nadimul Haque on reforms under GST and if govt was planning to simplify rates & structure by reducing the number of tax slabs.
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