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Reduce litigation aggressively. With clearer provisions, there should be a measurable reduction in disputes. Provide clarity and justify the demand that you have put forth. Just and fair is what I need to have in practice. - Smt Nirmala Sitharaman in New Delhi

Nirmala Sitharaman Office

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35,337 次观看 • 3 个月前 •via X (Twitter)

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There are four major objectives that we're aiming for: - Simplified taxes - Improved taxpayer services - Provide tax certainty - Reduce litigation Within six months we will have some part of the Income Tax Act written in simple easy-to-understand language. It'll be done keeping in mind Hon'ble Prime Minister Shri Narendra Modi's vision of a Seamless, Painless and Faceless Taxation System. - Smt Nirmala Sitharaman on #IncomeTaxDay.

There are four major objectives that we're aiming for: - Simplified taxes - Improved taxpayer services - Provide tax certainty - Reduce litigation Within six months we will have some part of the Income Tax Act written in simple easy-to-understand language. It'll be done keeping in mind Hon'ble Prime Minister Shri Narendra Modi's vision of a Seamless, Painless and Faceless Taxation System. - Smt Nirmala Sitharaman on #IncomeTaxDay.

Nirmala Sitharaman Office

165,144 次观看 • 1 年前

The GST Council has today decided that the funds given for research and development to Central and State Government universities and those who have obtained Income Tax Exemption would be exempted from GST. - Smt Nirmala Sitharaman post 54th #GST Council Meeting in New Delhi.

The GST Council has today decided that the funds given for research and development to Central and State Government universities and those who have obtained Income Tax Exemption would be exempted from GST. - Smt Nirmala Sitharaman post 54th #GST Council Meeting in New Delhi.

Nirmala Sitharaman Office

49,362 次观看 • 1 年前

Artificial Intelligence (AI) can play a vital role in finding solutions to improve our existing urban areas and to plan new urban centres. We need to understand that AI is capable of providing in-situ solutions, allowing people to remain where they are, while delivering the solutions they have been waiting for decades. - Smt Nirmala Sitharaman in New Delhi.

Artificial Intelligence (AI) can play a vital role in finding solutions to improve our existing urban areas and to plan new urban centres. We need to understand that AI is capable of providing in-situ solutions, allowing people to remain where they are, while delivering the solutions they have been waiting for decades. - Smt Nirmala Sitharaman in New Delhi.

Nirmala Sitharaman Office

12,709 次观看 • 10 个月前

Delhi School of Economics (DSE) will have an open invitation every year to come up with a set of ideas that you would want to see in the Union Budget. Let this practice happen every year from now. And that's with the hope that we will have ideas, from young minds who have chosen to be in the field of economics, to guide the country's budget every year so that we will have a #ViksitBharat by 2047. I assure you that all Secretaries of Ministry of Finance, along with myself, will be present to listen to your suggestions. - Smt Nirmala Sitharaman.

Delhi School of Economics (DSE) will have an open invitation every year to come up with a set of ideas that you would want to see in the Union Budget. Let this practice happen every year from now. And that's with the hope that we will have ideas, from young minds who have chosen to be in the field of economics, to guide the country's budget every year so that we will have a #ViksitBharat by 2047. I assure you that all Secretaries of Ministry of Finance, along with myself, will be present to listen to your suggestions. - Smt Nirmala Sitharaman.

Nirmala Sitharaman Office

16,493 次观看 • 8 个月前

In Hon'ble PM Shri Narendra Modi Ji's speech during AI Summit he spoke about M.A.N.A.V., a vision that he put forth to have a human-centric digital era. o M: Moral and Ethical Systems o A: Accountable Governance o N: National Sovereignty o A: Accessible and Inclusive AI o V: Valid and Legitimate Systems Income Tax Act, 2025 must be rooted in Moral and ethical systems. We need to strengthen and protect Fiscal National Sovereignty. And, of course, the reforms are not just data-driven, they are valid, legitimate systems that you're building in trust with the taxpayer. - Smt Nirmala Sitharaman in New Delhi

In Hon'ble PM Shri Narendra Modi Ji's speech during AI Summit he spoke about M.A.N.A.V., a vision that he put forth to have a human-centric digital era. o M: Moral and Ethical Systems o A: Accountable Governance o N: National Sovereignty o A: Accessible and Inclusive AI o V: Valid and Legitimate Systems Income Tax Act, 2025 must be rooted in Moral and ethical systems. We need to strengthen and protect Fiscal National Sovereignty. And, of course, the reforms are not just data-driven, they are valid, legitimate systems that you're building in trust with the taxpayer. - Smt Nirmala Sitharaman in New Delhi

Nirmala Sitharaman Office

10,126 次观看 • 3 个月前

Hon’ble Prime Minister Shri Narendra Modi has a vision for India to be developed by the time we mark 100 years of our independence from imperial rule. You need good, visionary leadership and you also need a government that works for the people. If we do have these combinations, it is possible to reach that state and give our children a better India to live in. - Smt Nirmala Sitharaman during the launch of #NPSVatsalya Scheme in New Delhi. #PensionkiGullak #GiftofCare #100DaysofModi3

Hon’ble Prime Minister Shri Narendra Modi has a vision for India to be developed by the time we mark 100 years of our independence from imperial rule. You need good, visionary leadership and you also need a government that works for the people. If we do have these combinations, it is possible to reach that state and give our children a better India to live in. - Smt Nirmala Sitharaman during the launch of #NPSVatsalya Scheme in New Delhi. #PensionkiGullak #GiftofCare #100DaysofModi3

Nirmala Sitharaman Office

14,031 次观看 • 1 年前

Arbitrators have often ignored the judicial decisions of the host country. While arriving at an arbitration outcome, even findings related to crimes like fraud and corruption which have been established through the court of law in the host country, put the states in a conflicting position to accept the award. An investment treaty must not only provide better regulatory powers to the nations but must also serve as guidance to arbitrators to restore faith in arbitration. I strongly believe, moving forward, the framework of investment treaties should capture: - National interests in relation to regulatory powers - Strengthened guidance for arbitrators in resolving disputes, keeping in mind nations’ interests and circumstances as well. - Smt Nirmala Sitharaman in New Delhi.

Arbitrators have often ignored the judicial decisions of the host country. While arriving at an arbitration outcome, even findings related to crimes like fraud and corruption which have been established through the court of law in the host country, put the states in a conflicting position to accept the award. An investment treaty must not only provide better regulatory powers to the nations but must also serve as guidance to arbitrators to restore faith in arbitration. I strongly believe, moving forward, the framework of investment treaties should capture: - National interests in relation to regulatory powers - Strengthened guidance for arbitrators in resolving disputes, keeping in mind nations’ interests and circumstances as well. - Smt Nirmala Sitharaman in New Delhi.

Nirmala Sitharaman Office

17,022 次观看 • 1 年前

I've been speaking consistently on mis-selling. Banks should concentrate on their core business. They should make their money on what they've lent. CASA (Current Account Savings Account) money should be their priority. I am glad that the RBI is coming up with guidance on why mis-selling is not going to be entertained. The message should go to the banks that you cannot afford to mis-sell. - Smt Nirmala Sitharaman in New Delhi

I've been speaking consistently on mis-selling. Banks should concentrate on their core business. They should make their money on what they've lent. CASA (Current Account Savings Account) money should be their priority. I am glad that the RBI is coming up with guidance on why mis-selling is not going to be entertained. The message should go to the banks that you cannot afford to mis-sell. - Smt Nirmala Sitharaman in New Delhi

Nirmala Sitharaman Office

184,436 次观看 • 4 个月前

In 2013, India was among the 'Fragile Five' economies of the world. However, since Modi govt came to power in 2014, India's economy has undergone significant changes that have led to it now being the fastest growing economy in the world. - Smt Nirmala Sitharaman in New Delhi.

In 2013, India was among the 'Fragile Five' economies of the world. However, since Modi govt came to power in 2014, India's economy has undergone significant changes that have led to it now being the fastest growing economy in the world. - Smt Nirmala Sitharaman in New Delhi.

Nirmala Sitharaman Office

22,000 次观看 • 3 年前

There is a complete reduction on common man and middle-class items in the #NextGenGST. Rates have come down from 18 or 12 percent to 5 percent. Common man items such as hair oil, toilet soap, bars, shampoos, tableware, toothbrushes, and other household items are included in these rate cuts. - FM Smt. Nirmala Sitharaman Watch full video:

There is a complete reduction on common man and middle-class items in the #NextGenGST. Rates have come down from 18 or 12 percent to 5 percent. Common man items such as hair oil, toilet soap, bars, shampoos, tableware, toothbrushes, and other household items are included in these rate cuts. - FM Smt. Nirmala Sitharaman Watch full video:

BJP

38,880 次观看 • 10 个月前

When people speak in their mother tongue, their expression is distinctly different from the one when they speak in their acquired language. You all should have a cultivated interest in your mother tongue. - Smt Nirmala Sitharaman to college students. #ViksitBharatBudget #YuvaShakti

When people speak in their mother tongue, their expression is distinctly different from the one when they speak in their acquired language. You all should have a cultivated interest in your mother tongue. - Smt Nirmala Sitharaman to college students. #ViksitBharatBudget #YuvaShakti

Nirmala Sitharaman Office

38,052 次观看 • 5 个月前

Glad to see our Hon'ble Finance Minister, Smt. Nirmala Sitharaman ji refer to stablecoins and how countries around the world have just two options: to either explore it or risk exclusion. I personally believe that India should embrace stablecoins! India receives over $125B in remittances annually, and stablecoins can reduce costs from 6-7% to just 1-3% saving us billions in fees. India already has one of the world's best fintech ecosystems and we have a great opportunity to embrace virtual digital assets and further leapfrog in the digital revolution. 🇮🇳💪

Glad to see our Hon'ble Finance Minister, Smt. Nirmala Sitharaman ji refer to stablecoins and how countries around the world have just two options: to either explore it or risk exclusion. I personally believe that India should embrace stablecoins! India receives over $125B in remittances annually, and stablecoins can reduce costs from 6-7% to just 1-3% saving us billions in fees. India already has one of the world's best fintech ecosystems and we have a great opportunity to embrace virtual digital assets and further leapfrog in the digital revolution. 🇮🇳💪

Sumit Gupta (CoinDCX)

35,782 次观看 • 9 个月前

I want to convey a message to the Income Tax Department. You're not just tax collectors. You're the face of the government's relationship with the taxpayer. Since you're the face of the government's relationship with the taxpayer, this new law gives you a clearer and leaner framework to make it simple, to make it simpler for people who want to understand it better. It must be administered with empathy, fairness and efficiency. I expect every officer to internalise the spirit of this new law. The taxpayer is not your adversary. The taxpayer is your partner in nation building. - Smt Nirmala Sitharaman in New Delhi (1/2)

I want to convey a message to the Income Tax Department. You're not just tax collectors. You're the face of the government's relationship with the taxpayer. Since you're the face of the government's relationship with the taxpayer, this new law gives you a clearer and leaner framework to make it simple, to make it simpler for people who want to understand it better. It must be administered with empathy, fairness and efficiency. I expect every officer to internalise the spirit of this new law. The taxpayer is not your adversary. The taxpayer is your partner in nation building. - Smt Nirmala Sitharaman in New Delhi (1/2)

Nirmala Sitharaman Office

237,957 次观看 • 3 个月前

While sharing her journey with Smt Nirmala Sitharaman in Kiphire, one the Lakhpati Didis mentioned that she started her Self-Help Group in food processing in 2021. Today, she earns enough to provide for her children and lead a comfortable life. She added that her next goal is to become a crorepati.

While sharing her journey with Smt Nirmala Sitharaman in Kiphire, one the Lakhpati Didis mentioned that she started her Self-Help Group in food processing in 2021. Today, she earns enough to provide for her children and lead a comfortable life. She added that her next goal is to become a crorepati.

Nirmala Sitharaman Office

28,940 次观看 • 8 个月前

Directorate of Revenue Intelligence (DRI) is a key guardian of our nation’s economic frontiers, consistently countering smuggling, drugs trafficking, illicit trade, and other threats and make sure that the nation is safe. We need to have greater awareness and more actionable intelligence. From the dump of data which arrives, it is important for agencies to be smart enough to see which information is actionable and which has to be taken up immediately. - Smt Nirmala Sitharaman at inauguration of DRI HQ New Building in New Delhi.

Directorate of Revenue Intelligence (DRI) is a key guardian of our nation’s economic frontiers, consistently countering smuggling, drugs trafficking, illicit trade, and other threats and make sure that the nation is safe. We need to have greater awareness and more actionable intelligence. From the dump of data which arrives, it is important for agencies to be smart enough to see which information is actionable and which has to be taken up immediately. - Smt Nirmala Sitharaman at inauguration of DRI HQ New Building in New Delhi.

Nirmala Sitharaman Office

10,308 次观看 • 1 年前

𝐂𝐨𝐦𝐦𝐢𝐭𝐦𝐞𝐧𝐭 𝐦𝐚𝐝𝐞, 𝐜𝐨𝐦𝐦𝐢𝐭𝐦𝐞𝐧𝐭 𝐟𝐮𝐥𝐟𝐢𝐥𝐥𝐞𝐝. "I have fulfilled my commitment made in FY 2021-22 to reduce the fiscal deficit below 4.5% of GDP by 2025-26. In RE 2025-26, the fiscal deficit has been estimated at par with BE of 2025-26 at 4.4% of GDP." - Smt. Nirmala Sitharaman

𝐂𝐨𝐦𝐦𝐢𝐭𝐦𝐞𝐧𝐭 𝐦𝐚𝐝𝐞, 𝐜𝐨𝐦𝐦𝐢𝐭𝐦𝐞𝐧𝐭 𝐟𝐮𝐥𝐟𝐢𝐥𝐥𝐞𝐝. "I have fulfilled my commitment made in FY 2021-22 to reduce the fiscal deficit below 4.5% of GDP by 2025-26. In RE 2025-26, the fiscal deficit has been estimated at par with BE of 2025-26 at 4.4% of GDP." - Smt. Nirmala Sitharaman

BJP

20,759 次观看 • 5 个月前

Hon'ble Prime Minister Shri Narendra Modi was involved in the GST reforms and he had asked me what can we do regarding the GST. His expectation was to reduce the tax burden on the common man and that's what we have done. He said let the proposal get passed in the GST Council. - Smt Nirmala Sitharaman in an interview to AajTak and IndiaToday. #NextGenGST

Hon'ble Prime Minister Shri Narendra Modi was involved in the GST reforms and he had asked me what can we do regarding the GST. His expectation was to reduce the tax burden on the common man and that's what we have done. He said let the proposal get passed in the GST Council. - Smt Nirmala Sitharaman in an interview to AajTak and IndiaToday. #NextGenGST

Nirmala Sitharaman Office

21,257 次观看 • 10 个月前

Over the past decade, we have seen a visible strengthening of voluntary compliance. Citizens are more willing to participate when they are certain that the system rewards honesty and acts firmly against evasion. This improvement in tax morale did not come from enforcement alone - it came equally from clarity, simplification and a consistent effort to build trust with taxpayers. Fairness and predictability, when demonstrated in practice, encourage participation far more effectively than compulsion. That lesson, we believe, holds relevance beyond national borders. - Smt Nirmala Sitharaman during the 18th Global Forum Plenary Meeting in New Delhi.

Over the past decade, we have seen a visible strengthening of voluntary compliance. Citizens are more willing to participate when they are certain that the system rewards honesty and acts firmly against evasion. This improvement in tax morale did not come from enforcement alone - it came equally from clarity, simplification and a consistent effort to build trust with taxpayers. Fairness and predictability, when demonstrated in practice, encourage participation far more effectively than compulsion. That lesson, we believe, holds relevance beyond national borders. - Smt Nirmala Sitharaman during the 18th Global Forum Plenary Meeting in New Delhi.

Nirmala Sitharaman Office

77,849 次观看 • 7 个月前

Under the guidance of Hon’ble Prime Minister Shri Narendra Modi, Artificial Intelligence and related matters have gained significant momentum, with NITI Aayog moving strongly forward. I appreciate NITI Aayog’s efforts to not only act as a repository- collecting and maintaining data - but also as a catalyst that unites stakeholders and drives policies to advance this critical area. – Smt. Nirmala Sitharaman in New Delhi.

Under the guidance of Hon’ble Prime Minister Shri Narendra Modi, Artificial Intelligence and related matters have gained significant momentum, with NITI Aayog moving strongly forward. I appreciate NITI Aayog’s efforts to not only act as a repository- collecting and maintaining data - but also as a catalyst that unites stakeholders and drives policies to advance this critical area. – Smt. Nirmala Sitharaman in New Delhi.

Nirmala Sitharaman Office

25,557 次观看 • 10 个月前

By removing redundant provisions and archaic language, we have reduced the number of Sections from 819 to just 536. We have cut the number of Chapters from 47 to 23. The number of words have been reduced from 5.12 lakhs to 2.6 lakhs. For first time, we have introduced 39 new tables and 40 new formulae to replace dense text, using modern, structured formats to enhance clarity. These changes are not merely superficial, they reflect a new, simplified approach to tax administration. This leaner and more focused law is designed to make it easy to read, understand and implement. - Smt Nirmala Sitharaman in Rajya Sabha.

By removing redundant provisions and archaic language, we have reduced the number of Sections from 819 to just 536. We have cut the number of Chapters from 47 to 23. The number of words have been reduced from 5.12 lakhs to 2.6 lakhs. For first time, we have introduced 39 new tables and 40 new formulae to replace dense text, using modern, structured formats to enhance clarity. These changes are not merely superficial, they reflect a new, simplified approach to tax administration. This leaner and more focused law is designed to make it easy to read, understand and implement. - Smt Nirmala Sitharaman in Rajya Sabha.

Nirmala Sitharaman Office

12,599 次观看 • 11 个月前