Now, one can change nominee details in a Public Provident Fund (PPF) account without any fee. The Finance Ministry has notified the removal of the fee. “In the Government Savings Promotion General Rules, 2018, in Schedule II, under ‘Fee to be charged for services,’ the words and figures ‘(b) Cancellation or change of nomination –
Finance Minister Nirmala Sitharaman on Wednesday responded with humour to AAP Rajya Sabha MP Raghav Chadha after he raised concerns about the state of banks in Parliament. “I was amused, sir, if member Raghav Chadha does not take offense,” she remarked. “He observed the number of fans in the bank, the condition of the bank,
Amid concerns by Opposition members on proposed amendments, Parliament Wednesday passed the Banking Laws (Amendment) Bill, 2024, which allows bank account holders to have up to four nominees. Lok Sabha had passed the Banking Laws (Amendment) Bill in December 2024. Replying to a debate on the Bill in Rajya Sabha, Finance Minister Nirmala Sitharaman said
The new Income Tax Bill will be taken up for discussion in the monsoon session of Parliament, Finance Minister Nirmala Sitharaman said on Tuesday. Replying to the discussions on the Finance Bill 2025 in the Lok Sabha, Sitharaman said the new income tax bill, which was introduced in the House on February 13, is currently