Union Finance Minister Nirmala Sitharaman (born 18 August 1959) is an Indian economist and politician. She is a member of the Rajya Sabha, the upper house of the Indian Parliament, representing Karnataka since 2016 and previously represented Andhra Pradesh from 2014 to 2016. On 31 May 2019, Nirmala Sitharaman was appointed as the finance and corporate affairs minister.
Finance Minister Nirmala Sitharaman has introduced a two-tier GST structure effective September 22, 2025, with 5% and 18% slabs. While life and health insurance premiums have been exempted from GST, casinos in Goa face a steep 40% levy under “sin goods”, raising concerns over footfall, fresh investments, and thousands of jobs
Finance Minister Smt. Nirmala Sitharaman received a dividend cheque of ₹325 crore from Smt. Harsha Bangari, Managing Director of India Exim Bank, for the financial year 2024-25. The dividend highlights the bank’s robust financial performance and continued contribution to the nation’s development.
