Nirmala Sitharaman

Nirmala Sitharaman, is the Union Finance Minister and former Defence Minister in Prime Minister Narendra Modi's government. Earlier, she held the position of Minister of State (Independent Charge) for Commerce & Industry, during the first three years of the NDA regime. She served as a member of the National Commission for Women between 2003-2005. She was first inivited to become a member fo the BJP's National Executive in 2008, after which she became actively involved with party's economic and political

resolutions. She was appointed as the National spokesperson of the party in 2010. In 2012, Sitharaman worked directly under Modi, given the responsibility of organising BJPs media campaign for the elections.

Nirmala Sitharaman News

Budget revisited

FM’s announcements signal government’s willingness to respond to ground reality. But long-term impact remains to be seen.

All DPIIT-registered startups to be exempt from angel tax: FM

Announcing measures to achieve high economic growth on Friday, Minister of Finance Nirmala Sitharaman said that a dedicated cell will be set up under a Member of Central Board of Direct Taxes (CBDT) for addressing any tax-related problems being faced by startups.

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‘Banks to pass on RBI rate cut benefits to borrowers; Rs 20,000 cr boost for HFCs’

Finance Minister Nirmala Sitharaman Friday also announced additional liquidity support of Rs 20,000 crore to housing finance companies (HFCs) by the National Housing Bank (NHB), thereby increasing the total support to Rs 30,000 crore.

CSR violations not to be treated as criminal offence

The industry welcomed the ministers decision to roll it back. Rajiv Singh, CEO, Karvy Stock Broking said, “The symbolic measure of withdrawing imprisonment clause for CSR violations will help sentiment of industry & wealth creators.”

Nirmala Sitharaman announces sweeping measures to spur economic growth

Aside from announcing a partial rollback of the enhanced surcharge on foreign portfolio investors (FPI) levied in the Budget, Sitharaman indicated a review of the surcharge levy for high net worth individuals as well.

Need an FM with basic understanding of economics: Cong slams Sitharaman's announcement

Congress spokesperson Manish Tewari took a jibe at Sitharaman and the government for "unleashing terror on honest businesspersons" and "lacking to understand the economic issues" in the country.

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FM says India's GDP expansion much higher than global growth: Key takeaways

The finance minister today announced that CSR (Corporate Social Responsibility) violation will be treated as a civil liability and not as a criminal offence. She said the Ministry of Corporate Affairs will review the sections under the Companies Act.

Decoding Nirmala Sitharaman's measures to revive economic growth

The announcements come at a time when the perception that the slowdown has been aggravating in recent weeks and spreading across sectors.

Nirmala Sitharaman presser Highlights: FinMin rolls back enhanced surcharge on foreign investors

With an aim to end harassment of taxpayers, Finance Minister Nirmala Sitharaman also announced that all tax notices will be issued from a centralised system. She said banks will make home and auto loans cheaper.

Enhanced surcharge on foreign portfolio investment removed: Nirmala Sitharaman

Earlier this month, capital market participants and foreign institutional investors presented a charter of demands to Sitharaman, which included rollback of surcharge on FPIs and review of dividend distribution tax.

Nirmala Sitharaman Photos

Modi's Day 2 in Germany

Narendra Modi enters the second day of his Germany visit.

2014: The year of PM Narendra Modi

Prime Minister Narendra Modi was the top news and newsmaker in 2014. He led BJP to a historic election victory and formed a stable government at the Centre.

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Nirmala Sitharaman Videos

Rafale deal couldn't take place without Reliance, says report

A report has claimed a top official of Dassault Aviation said in 2017 that a joint venture with Anil Ambani’s Reliance group was a condition to win the 36 jet Rafale deal.

Opinion | In Modi's Reshuffle, Bureaucrats Are In And Loyalty Pays

Giving A major fillip to the BJP’s third generation of leaders since the party was founded by A B Vajpayee and L K Advani in 1980, Prime Minister Narendra Modi Sunday rolled out his third Cabinet reshuffle by naming Nirmala Sitharaman as Defence Minister, assigning the politically crucial Railways portfolio to Piyush Goyal and giving additional charge […]

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Prime Minister Narendra Modi's cabinet reshuffle

The elevation of Sitharaman, Goyal and Pradhan brings them in the league of other leaders under 60 years of age, such as Nitin Gadkari, J P Nadda and Smriti Irani, in the Union Cabinet and furthers the BJP’s plan of political promotion for its third generation of leaders. To know more about the story watch […]

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