Foreign investors selling Indian equities due to ‘profit booking’: Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman Monday said the foreign institutional investors (FII) are selling Indian equities lately due to the profit booking.
Union Finance Minister Nirmala Sitharaman Monday said the foreign institutional investors (FII) are selling Indian equities lately due to the profit booking.
Union Finance Minister Nirmala Sitharaman on Tuesday informed the Rajya Sabha that indirect tax under the Goods and Services Tax (GST) has significantly reduced over the years since its implementation.
In a significant move during her Union Budget speech, Finance Minister Nirmala Sitharaman has allocated Rs 6.81 lakh crore to the defence sector for FY25, marking a modest increase from last year’s allocation of Rs 6.21 lakh crore. This reflects the government’s unwavering focus on fortifying India’s defence capabilities.
Finance Minister Nirmala Sitharaman on Saturday announced changes in the Goods and Services Tax (GST) laws under the Union Budget 2025-26 in a bid to ensure trade facilitation.
The state finance minister Chandrima Bhattacharya will present the budget on 12 February after the Budget Session will commence on 10 February.
Gahlot is going to present the budget for the first time. Before this, all eight previous budgets were presented by Manish Sisodia.
Record capital investment of Rs 10 lakh crore proposed; income tax rebate raised to Rs 7 lakh in new tax regime for individuals.
A total of Rs 1.62 lakh crore has been set aside for capital expenditure that includes purchasing new weapons, aircraft, warships and other military hardware. It was Rs 1.52 lakh crore last fiscal.
Sitharaman will lay the document in the Lok Sabha after the conclusion of President Droupadi Murmu's address to both Houses of Parliament.
Union Finance Minister Nirmala Sitharaman was discharged from AIIMS on Thursday, she was admitted to the AIIMS' private ward on December 26.
