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“ There has been a phenomenal increase in transactions in virtual digital assets. The magnitude and frequency of these transactions have made it imperative to provide for a specific tax regime.
Nirmala Sitharaman
Nirmala Sitharaman, 5 months
Crypto TDS surges 41%; Maharashtra, Karnataka lead

Statements by Nirmala Sitharaman

“ Elon Musk, citing IMF data, says, ‘Wow, is this true?’
Nirmala Sitharaman
Nirmala Sitharaman, 4 months
India to overtake US in GDP growth in 2026? Elon Musk issues big…
“ Recognising the need to enable critical infrastructure and boost investment in data centres, I propose to provide tax holiday till 2047 to any foreign company that provides cloud services to customers…
Nirmala Sitharaman
Nirmala Sitharaman, 4 months
Budget 2026: Tax Holiday Announced For Global Cloud Firms Using Indian…
“ This three-fold approach requires supportive ecosystem,
Nirmala Sitharaman
Nirmala Sitharaman, 4 months
‘3 kartavya’: Nirmala Sitharaman lays out theme of Union Budget 2026

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