Mumbai, Nov 6: Finance Minister Nirmala Sitharaman announced that India is working towards creating more “big banks” by consolidating state-owned lenders and enhancing financial resilience through reforms. Speaking at a public event, she said that the government has already begun discussions with the Reserve Bank of India (RBI) and public…
Tag: NirmalaSitharaman
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Nirmala Sitharaman Inaugurates New CGST Bhawan in Ghaziabad
Ghaziabad, October 25, 2025: Union Minister of Finance and Corporate Affairs, Smt. Nirmala Sitharaman, inaugurated the newly constructed Central Goods and Services Tax (CGST) Bhawan on Rani Jhansi Marg, Ghaziabad. The modern complex symbolizes India’s vision for efficient, transparent, and citizen-friendly tax administration. Next-Generation Tax Infrastructure The Finance Minister described…
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New GST Rates 2025: What Gets Cheaper This Navratri
India’s landmark Goods and Services Tax (GST) reforms came into effect today, September 22, with a major rate restructuring that reduces the number of slabs from four to two. Most goods and services will now be taxed at either 5% or 18%, while a special 40% rate will apply to…
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GST 2.0 to Return ₹2 Lakh Cr to Public: FM
Madurai, Tamil Nadu: Union Finance Minister Nirmala Sitharaman has announced that the upcoming GST 2.0 reforms, set to come into effect from September 22, 2025, will put nearly ₹2 lakh crore directly into the hands of the public, boosting domestic consumption and supporting economic growth. Addressing the 80th anniversary of…