Finance Minister Nirmala Sitharaman has refuted reports suggesting that the Income Tax Department is planning significant changes to the tax structure after the next government takes charge. These reports, described as 'speculative' by Sitharaman, were not double-checked with the Finance Ministry and have been explicitly denied. The misinformation led to a substantial impact on the stock market, with the Sensex dropping 1,100 points.
Finance Minister @nsitharaman refutes claims made by a news report that the #IncomeTax department is planning several changes after the #LokSabhaElections. Sitharaman terms the report as pure speculation and says it was not even double-checked with the Finance Ministry,… https://t.co/8ryFFmtUaw
'Wonder where this is coming from...' - FM Nirmala Sitharaman's BIG clarification on report claiming Income Tax changes post Elections 2024 @nsitharaman @FinMinIndia @nsitharamanoffc https://t.co/lzfgBUbCdv
Finance Minister Nirmala Sitharaman Debunks Unverified Reports on Tax Changes - Here's What She Said https://t.co/VPZLfIHS1f
#NirmalaSitharaman junks reports of #incometax tweaks that made #Sensex crash 1,100 points https://t.co/HoFaAbyq01
ET NOW Exclusive | No specific proposal on tweaking tax structure, as per sources after FM junks 'speculative' reports on income tax @priyadarshi108 https://t.co/YregVPV3BY
ET NOW Exclusive | No specific proposal on tweaking tax structure, as per sources after FM junks 'speculative' reports on income tax https://t.co/YregVPV3BY
ET NOW Exclusive | Govt not considering any specific proposal on tweaking tax structure, as per sources This is after FM Nirmala Sitharaman junks 'speculative' reports on income tax @priyadarshi108 https://t.co/S2Nu37fvKw
News Alert | FM Nirmala Sitharaman denies report on Income Tax Department planning big changes after the next Govt takes charge @nsitharaman @FinMinIndia @nsitharamanoffc https://t.co/GbtcVMS9vC