Finance Minister - Page 2

Finance Minister Nirmala Sitharaman presents the Interim Budget 2024 in the Lok Sabha, at Parliament House in New Delhi.

No changes in tax rates for direct, indirect taxes: FM

New Delhi, Feb 1 (PTI) Finance Minister Nirmala Sitharaman on Thursday said there are no changes in tax rates for direct and indirect taxes, including import duties. She also said the number of tax filers has swollen 2.4 times and the direct tax collection has trebled since 2014. The processing time of tax returns has

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Finance Minister Nirmala Sitharaman holds up a folder with the Government of India's logo as she leaves her office to present the federal budget in the parliament, ahead of the nation's general election, in New Delhi, India, February 1, 2024. REUTERS/Anushree Fadnavis

Finance Minister promises reforms to drive growth

NEW DELHI, Feb 1 (Reuters) – Finance Minister Nirmala Sitharaman promised economic reforms to drive growth in a speech on the government’s budget on Thursday, the last before a national election due by May. India’s economy, the fastest growing among major nations, is going through profound change, Sitharaman said to the thumping of desks in

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Finance Minister Nirmala Sitharaman speaks during a press conference after a G20 Finance Ministers' and Central Bank governors' meeting at Gandhinagar, India, July 18, 2023. REUTERS/Amit Dave/File Photo

Finance Minister says Middle East conflict raises fuel price concerns

MARRAKECH, Morocco, Oct 13 (Reuters) – Many emerging market countries are concerned about the impact on fuel price due to the recent crisis in the Middle East, India’s Finance Minister said on Friday, detailing the discussions held by G20 finance leaders in Marrakech. Referring to the Israel-Hamas conflict, Minister Nirmala Sitharaman said, “The recent crisis

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Nikhil Kumar Mondal, 65, a retired school headmaster, buys vegetables from a vendor at a market on the outskirts of Kolkata, India, May 20, 2022. REUTERS/Rupak De Chowdhuri

Taming rising prices a priority for India, Finance Minister says

NEW DELHI, Aug 25 (Reuters) – India’s finance minister on Friday said taming inflation was a priority, and that hiking interest rates was not the only tool available. “Obsession to use interest rates as the only tool to deal with inflation and not manage the supply side factors will not give a complete solution,” Nirmala

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