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Friday, January 16, 2026

Tag: Nirmala Sitharaman

Budget 2026: Can India’s Household Gold Fuel Economic Growth?

Explore how Budget 2026 plans to unlock India's 25,000-tonne household gold reserve for MSME loans, liquidity, and reducing imports.

Budget 2026: Will the New Income Tax Regime Get More Lucrative?

Explore potential changes to India's new income tax regime in the 2026 Union Budget, including lower slabs, higher limits, and key deductions being considered.

No Govt Direction to LIC on Adani Investments, Says FM Sitharaman

Finance Minister clarifies LIC's Adani Group investments were independent decisions based on due diligence and regulatory compliance, not government directives.

Sitharaman: Finance Ministry Does Not Advise LIC on Adani Investments

Finance Minister clarifies LIC's Adani investments follow standard procedures, denies ministry direction. Get details on the scale and context of the holdings.

Sitharaman Tables Two Bills for Tobacco Cess in Lok Sabha

Finance Minister introduces bills to levy a cess on tobacco to fund national security and public health, facing opposition over health warnings and citizen burden.

New Bills to Replace GST Cess on Tobacco, Pan Masala

Government proposes new levy to replace expiring GST compensation cess on tobacco products. Current tax rates for consumers will remain unchanged.

New Tobacco Cess for Health, Security Funding Replaces GST Levy

FM Nirmala Sitharaman introduces a new cess on tobacco to fund health and national security, replacing the expiring GST compensation levy. Prices may stay high or rise.

New Health Security Cess on Pan Masala: Rates, Impact and GST Changes

Government proposes production-based cess on pan masala up to ₹2,547 lakh monthly per machine to fund national security and public health initiatives.

India to Merge 12 Public Banks Into 4 Mega Lenders for $5T Economy

Government plans banking consolidation to create world-class lenders capable of supporting India's growth. No layoffs or branch closures promised.

Govt to Replace Compensation Cess with Higher Tobacco Taxes

New 70% cess plus 40% GST on tobacco products as government moves to safeguard revenues through Central Excise duty overhaul.

Unified Portal for Unclaimed Assets: Finance Ministry, RBI Initiative

Claim your unclaimed bank deposits, shares, and insurance funds through new integrated portal. Already ₹1,887 crore returned to rightful owners.

Government to Hike Insurance FDI to 100% in Winter Session

India proposes raising foreign investment limit in insurance from 74% to 100% to boost sector growth and achieve Insurance for All by 2047.