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Nirmala Sitharaman on Wednesday said deceiving farmers cannot do good to anybody as she attacked the Congress on their farm loan waiver scheme, alleging that their promises left the farmers in lurch. During her reply in Rajya Sabha on The Banking Laws (Amendment), 2024 Bill, the finance minister took a cue from BRS member Ravi Chandra Vaddiraju's statement in Telugu during the discussion where he referred to Congress loan waiver scheme for farmers. Sitharaman said Congress announced «Rina maafi» (loan waiver), but in reality… half the farmers were left without loan waiver, the banks had put their name on record thereby making them also ineligible for new loans. «I would want to highlight the fact that deceiving the farmers is for nobody's good. If you really want to help the farmers, here is Prime Minister Modi putting Rs 2,000 every time, annually, 6,000 rupees into their account through the transparent DBT (Direct Benefit Transfer). It helps the small farmers. Show it in action,» she asserted. Sitharaman said Congress policies have been limited to paper without any action on ground and if there was any action then it was riddled with corruption. «I want to highlight like the way they speak about food security, MGNREGA and the rural areas, all schemes brought by them (but) none of which were effectively implemented. When Prime Minister Modi implements them, without corruption, without malpractice and without any kind of wrongdoing. They will say, oh that was our scheme. Yes, it was your scheme, but you kept it in the paper, or you mismanaged,» the minister said.

Tribhuvan Sahkari University' in Gujarat's Anand with an aim to create a qualified manpower for co-operative societies. The university has been named after Tribhuvandas Kishibhai Patel, who was one of the pioneers of cooperative movement in India and instrumental in laying foundation of Amul, Minister of Cooperation Amit Shah said during a debate on the «Tribhuvan» Sahkari University Bill, 2025.

Medium-Term Government Deposit (MTGD) and Long-Term Government Deposit (LTGD) components of the Gold Monetization Scheme (GMS), effective March 26, 2025, as per an Reserve Bank of India (RBI) press release as on March 25, 2025.

Nifty, traded lower on Wednesday, halting a seven-day rally, as investors took a breather and awaited clarity on impending U.S. tariffs. Barring auto stocks, all sectoral indices were in the red. The BSE Sensex was down 551 points, or 0.71%, at 77,465.56, while the Nifty50 declined 131 points, or 0.55%, to 23,537 around 1:42 pm. In the last seven sessions, Sensex gained 4,189 points, while the Nifty added 1,271 points.

SBI Card, the second-largest credit card issuer in the country, has announced several revisions to its rewards program for credit cards, which will take effect from April 1, 2025. The upcoming changes will impact some of its popular credit cards, such as Club Vistara SBI Credit Cards, Club Vistara SBI PRIME Credit Cards, SimplyCLICK SBI Card, Air India SBI Platinum Credit Card, and Air India SBI Signature Credit Card.

Amit Shah on Tuesday rubbished the Opposition allegations on lack of transparency in the PM-CARES Fund, stating that unlike the National Relief Fund during UPA rule, which had Congress president as a member, the PM-CARES Fund has the cabinet committee on security with ministers to decide the disbursement on the advice of five top secretaries. Shah was replying to the debate on the Disaster Management (Amendment) Bill, 2024, in the Rajya Sabha. The bill, which was passed by the Lok Sabha in the last winter session, was approved by the Upper House on Tuesday. The home minister said disaster management is based on four pillars of transparency, responsibility, efficiency and synergy as he refuted apprehensions of any discrimination against states in disbursement of their share of disaster management funds, saying it is not meant for financing the freebies announced by the governments.

President Donald Trump’s crypto project World Liberty Financial said it plans to launch a stablecoin redeemable one-for-one with the United States dollar, an announcement that comes as his administration throws its support behind the digital tokens that underpin most crypto transactions.

Bharat Interface for Money) for tracking, managing, and even splitting expenses with your friends, relatives, and colleagues. NPCI BHIM Services Limited (NBSL), which is fully owned by NPCI (National Payments Corporation of India), launched BHIM 3.0. While BHIM 3.0 will be rolled out across multiple platforms in a phased manner, it is expected to be fully available as early as next month, i.e., April 2025.

Income Tax Department has also released the FAQs on the same.

income taxpayers, the government has amended the provisions dealing with income tax search cases, as per a supplementary frequently asked question (FAQ) released by the Income Tax Department. In the amended Section 158BA (Assessment of undisclosed income as a result of search), the word ‘total income’ has been replaced with ‘total undisclosed income’.

An ATM interchange fee is a charge that one bank pays to another for offering ATM services to customers. Banks often pass on these charges to users as part of their banking costs. For instance, if you are an HDFC Bank customer and go to SBI ATM to withdraw money and reside in Delhi, HDFC Bank will charge you if you on the fourth transaction in a month at an SBI ATM as an HDFC Bank customer. Income Tax GuideIncome Tax Slabs F

Subscribe to enjoy similar stories. MUMBAI : Managing bulk payments efficiently while maximizing credit card rewards could be a smart financial move. Many credit card users do not get any reward points when paying bills directly.

Lok Sabha on Tuesday approved the motion to extend tenure of the JPC on 'One Nation, One Election' upto the first day of last week of the Monsoon Session, 2025. Chairman of the Joint Parliamentary Committee (JPC), PP Chaudhary, had moved the motion in the Lok Sabha on Tuesday regarding an extension of time for presenting the report on the «One Nation, One Election» Bills ('Constitution (One Hundred and Twenty-Ninth Amendment) Bill, 2024 and the Union Territories Laws (Amendment) Bill, 2024'). The bills under consideration include the Constitution (One Hundred and Twenty-Ninth Amendment) Bill, 2024, and the Union Territories Laws (Amendment) Bill, 2024. The Joint Parliamentary Committee (JPC) examining the 'One Nation, One Election' bill is set to meet today at 3 pm. During the meeting, Attorney General of India R Venkataramand Justice DN Patel, the former Chief Justice of Delhi High Court and current Chairperson of the Telecom Disputes Settlement and Appellate Tribunal (TDSAT), will make representations before the JPC. Firstly, they will meet Justice D.N. Patel, the Former Chief Justice of Delhi High Court, who currently serves as the Chairperson of the Telecom Disputes Settlement and Appellate Tribunal (TDSAT).

Nirmala Sitharaman introduced the Bill for the 2025-26 fiscal in Parliament, seeking approval for key Budget proposals. The Finance Bill needs to be approved by both houses of the parliament to become a law and give effect to the Budget proposals. India plans to scrap the 6% equalisation levy on online advertisement services offered by companies like Google and Meta—commonly known as the Google tax—starting April 1. The move appears to be an effort to appease US President Donald Trump, who has warned of retaliatory tariffs on nations imposing digital taxes on American tech firms from April 2. The proposal is part of the 59 amendments to the Finance Bill introduced by Finance Minister. Union Finance Minister Nirmala Sitharaman on February 1 presented the Budget 2025-26 in the Parliament. The Union Budget 2024-25 provided major relief to the salaried class with no income tax on an average monthly income of up to Rs one lakh to boost household savings and consumption with the government also giving thrust to four engines of development — agriculture, MSMEs, investment and exports.

US Congress on Monday seeking to impose sanctions on Pakistan's Army chief, General Asim Munir, for his alleged role in persecuting political opponents, including former Pakistan Prime Minister Imran Khan, The Hill reported. The legislation, titled the "Pakistan Democracy Act," was introduced by Reps. Joe Wilson (R-S.C.) and Jimmy Panetta (D-Calif.) and calls for targeted sanctions under the Global Magnitsky Human Rights Accountability Act. The bill mandates that within 180 days, the US government identify individuals involved in political persecution in Pakistan and impose penalties, including visa bans and restrictions on entry into the United States.

Bipartisan Policy Center. That deadline, known as the «X-date» — the moment when the United States is unable to meet its financial obligations and might default on its debt — is a fiscal milestone that's among the most closely watched in Washington and on Wall Street. The date is subject to considerable uncertainty. It relies on estimates of how much wiggle room the Treasury has to use accounting maneuvers — known as «extraordinary measures» — to keep paying the government's bills by shifting money around. The Bipartisan Policy Center, a think tank, provided estimates suggesting that the X-date could come as late as the beginning of October. Efforts to address the debt limit will likely consume Congress and the Trump administration later this year as Republicans race to enact trillions of dollars of tax cuts. The debt limit is a cap on the total amount of money that the United States is authorized to borrow to fund the government and meet its financial obligations.

IPL 2025 season is in full swing, with a total of 74 matches set to be played, including 70 group-stage games across 13 venues in India. Cricket fans are in for an exciting tournament as teams battle it out for a spot in the playoffs. So far, five matches have already taken place, and the competition has lived up to its billing.