New Delhi: Kerala Finance Minister K. N. Balagopal has issued a stern warning to companies, insisting that the benefits of recent GST rate cuts must directly reach consumers. Speaking after the reforms, he cautioned that the state will closely monitor prices to ensure businesses don’t pocket the gains while ordinary people lose out. Highlighting the Read More…
New Delhi: Finance Minister Nirmala Sitharaman has withdrawn the proposed Income Tax Bill from Parliament, with a revised version set to be introduced on August 11. The new draft will incorporate key recommendations from the Parliamentary Select Committee, aiming to address concerns raised by lawmakers and stakeholders. The original bill, which sought to modernize and Read More…
New Delhi, February 11, 2025 – Finance Minister Nirmala Sitharaman addressed the Lok Sabha, shedding light on the recent depreciation of the Indian rupee against the U.S. dollar. Citing former RBI Governor Raghuram Rajan, she attributed the rupee’s decline primarily to the strengthening of the dollar rather than domestic economic weaknesses. Sitharaman emphasized that the Read More…