Nirmala Sitharaman
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The Finance Minister's Office shared the development on social media platform X, stating that FM Sitharaman received the dividend cheque from the SBI Chairman.
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According to RBI data, 56 per cent of the Jan Dhan accounts belong to women.
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Speaking at the 37th SIDBI Foundation Day programme, the minister linked the uncertainty to the ongoing West Asia crisis and stressed that the government's approach is to protect citizens, support MSMEs and keep supply chains moving.
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The comments dispelled the uncertainty hanging over the privatisation of IDBI Bank, as the offers received in the earlier bidding round were below the reserve price fixed by the government. Consequently, the proposed transaction had to be called off last month.
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Risks from Anthropic’s Mythos AI Threats posed by Anthropic’s Mythos AI model AI requires greater vigilance
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A draft notification titled the Companies (Incorporation) Amendment Rules, 2026, proposing amendments to the Companies (Incorporation) Rules, 2014, has been prepared vide a public notice dated April 8.
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The Parliament on Friday approved the Finance Bill 2026 with the Rajya Sabha returning it to the Lok Sabha by a voice vote, completing the legislative process to provide the legal backing for the proposals of the Union Budget 2026-27 to kick in during the new financial year beginning from April 1.
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The Finance Bill, 2026 aims to give effect to the financial proposals of the Central Government for the 2026–2027 fiscal year. Finance Minister will move for the bill’s consideration and seek its passage.
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FM Sitharaman's remarks come amid broader discussions on financial sector health, where overall MSME NPAs remain lower at around 3.6 per cent as of March 2025, compared to Mudra-specific figures.
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Replying to the debate in the Lok Sabha on the Supplementary Demands for Grants (Second Batch) for 2025–26, the Finance Minister said the additional spending proposals would remain within the fiscal deficit target presented in the Union Budget 2026–27.
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In a circular issued by the exchange’s finance and accounts department, NSE said the Joint Commissioner of Income Tax, Range 7(1), had advised the exchange to draw attention to cases where some members collected excess STT from clients but did not deposit the amount with the government.
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The price of crude oil that India imports has been on a declining trajectory for the past one year, till the geopolitical clashes commenced in West Asia on February 28, 2026, the Finance Minister said in an answer to a question in the Lok Sabha.
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The Finance Minister also emphasised that women are not merely participants in the economy but are increasingly emerging as wealth creators.
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These changes are aimed at boosting domestic manufacturing, improving healthcare affordability, and discouraging consumption of certain “sin goods.”
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Union Finance Minister NirmalaSitharaman pointed out that the country is well ahead of its renewable energy targets, having achieved two-thirds of its commitments four years earlier than planned.
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Replying to the debate on the Union Budget 2026–27 in the Lok Sabha, she said the increased investment in infrastructure and development would help accelerate the government’s “Viksit Bharat” vision.
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Finance Minister Nirmala Sitharaman said on Budget Day that the Income Tax Act 2025 will come into effect from April 1, 2026 and the I-T forms have been redesigned such that ordinary citizens can comply without difficulty, ease of living.
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Four essential conditions must be satisfied by the foreign company to qualify for the exemption.
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Speaking to university students in Parliament after presenting the Union Budget 2026–27, Sitharaman referred to a social media post reposted by Musk, which was based on IMF projections.
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The report from Crisil Intelligence said the focus is shifting to the long term—with reforms, improving ease of doing business, and inclusive growth getting centre stage.
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The Union Budget 2026-27, presented by Finance Minister Nirmala Sitharaman on Sunday, proposed raising STT on futures to 0.05 per cent from the present 0.02 per cent and on options premium and exercise of options to be raised to 0.15 per cent from the present rate of 0.1 per cent and 0.125 per cent, respectively.
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In a meeting on the holistic benefits of the Budget at the NSE here, along with investors and captains from the mutual funds and asset management industry, the minister said the Budget addresses specific areas which will help the economy grow faster and achieve our goal of a Viksit Bharat by 2047.
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