She criticised “fear-mongering” by sections that quickly project negative narratives about the economy during periods of global uncertainty. According to the Finance Minister, such reactions undermine the achievements of Indians and create unnecessary anxiety.
Union Finance Minister Nirmala Sitharaman, who released the manifesto, said it is not just a list of promises but a plan built on governance experience. She highlighted Assam’s economic progress over the past decade, noting that the state’s GDP has more than tripled and per capita income has seen significant growth.
The Bill, originally introduced on August 12, 2025, seeks to amend the Insolvency and Bankruptcy Code, 2016, which established a unified and time-bound mechanism to resolve insolvency across companies, partnership firms, and individuals.
Replying to the Insolvency and Bankruptcy Code (Amendment) Bill 2025 in the Lok Sabha, she said, "IBC has contributed a lot in terms of keeping institutions alive… companies have found resolution, their values have been brought up, valuation improved, and the workforce has been protected."
The government has introduced a three-year tax exemption on dividend income earned by national cooperative federations.
The Union Budget 2026–27 presented today in Parliament unveiled several infrastructure initiatives, including seven high-speed rail corridors across the country to boost connectivity. It also announced several tax reforms and customs duty exemptions for several drugs, including cancer medicines.
Finance Minister Nirmala Sitharaman will table the Economic Survey in Parliament today, offering an assessment of India’s economy ahead of the Union Budget for 2026–27.
Finance Minister Nirmala Sitharaman said on Wednesday that India is working towards securing 25 per cent of global trade in the coming years.
The bill seeks to replace the existing Income Tax Act of 1961 with a more streamlined and litigation-resistant direct tax code.
Union Finance Minister Nirmala Sitharaman will embark on an official visit to the United Kingdom and Austria from April 8 to 13, a statement from the ministry said on Monday.
