The Union Budget 2025-26, presented by Finance Minister Nirmala Sitharaman, has introduced the most significant tax exemption in over two decades.
Under the new tax regime, individuals earning up to…
Finance Minister Nirmala Sitharaman on Saturday said that the changes and measures proposed in the Union Budget 2025 were a response to the needs of Indian citizens and had nothing to do with US…
The Union Budget can give you a glance into Indian diplomacy. Who is New Delhi favouring? With which countries are ties tense?
The Union Budget 2025 hints at a thaw in ties with the Maldives. The…
The Union Budget 2025-26 has allocated Rs 1,024.30 crore for expenses incurred by the Council of Ministers, the Cabinet Secretariat and the Prime Minister’s Office, and for hospitality and…
“It’s a people’s budget. This Budget is a force multiplier. This Budget will increase savings, investment, consumption and growth,” said Prime Minister Narendra Modi shortly after Finance Minister…
India’s Union Budget for 2025-26 sets overall government expenditure at Rs 50.65 lakh crore, up from Rs 47.16 lakh crore in the revised projections for 2024-25. The fiscal deficit is forecast at 4.4…
Prime Minister Narendra Modi on Saturday hailed the Union Budget 2025, calling it a “people’s budget.”
“This budget is a force multiplier. It will increase savings, investments, consumption and…
Union Budget 2025 has been a treat to the middle class after Finance Minister Nirmala Sitharaman announced big income tax relief. While the budget has brought good news to Indian employees across…
The Budget on Saturday pegged gross tax receipts of Rs 42.70 lakh crore for the next fiscal, an 11 per cent growth over the revised estimates for the current year.
The revised estimates for the…
For every rupee in the government coffer, the biggest pie of 66 paise will come from direct and indirect taxes, according to the Union Budget 2025-26 documents.
Around 24 paise will come from…
Air connectivity across India will get better under a modified UDAN (Ude Desh ka Aam Naagrik) scheme that aims to connect 120 new destinations and make air travel accessible to over 4 crore people…
Finance Minister Nirmala Sitharaman on Saturday proposed to extend duty exemptions on capital goods used in the production of lithium-ion batteries.
The move is aimed at aiding domestic manufacturing…
Finance Minister Nirmala Sitharaman on Saturday said that the new income tax bill will have half of the present laws, and will be simple for taxpayers and tax administrators to reduce litigations.
The…
The fiscal deficit for FY25 has been pegged at 4.8 per cent of GDP and at 4.4 per cent for FY26, Finance Minister Nirmala Sitharaman said on Saturday.
Presenting the Budget 2025-26, she said net…
Finance Minister Niramala Sitharaman told the parliament that the Union Budget 2025-2026 will focus on the development of four sections of society. The four sections are “Garib, Yuva, Annadata and…
In the Union Budget 2025-26, Union Finance Minister Nirmala Sitharaman has announced ‘Dhan Dhanya Krishi Yojna’ for farmers.
The scheme would be run in partnership with states in 100 districts with…
While presenting the
2025-2026 Union Budget, Finance Minister Nirmala Sitharaman said that India is still the fastest-growing among all major economies in the world. On Saturday, Sitharaman tabled the…
Nirmala Sitharaman, India’s finance minister, is set to present her record eighth Budget and all eyes have turned towards her.
While financial pundits await the big announcements from the Budget,…
President Droupadi Murmu on Saturday offered ‘dahi-cheeni’ (curd and sugar), as it is considered auspicious, to Union Finance Minister Nirmala Sitharaman ahead of presenting her eighth Union…
As Union Finance Minister Nirmala Sitharaman is all set to present the
Union Budget 2025 today, the Indian stock market opened on a flat note.
At the start, Nifty was up by 0.14 percent or 33.5 points…
Set to make history with her eighth consecutive Union Budget, India’s Finance Minister Nirmala Sitharaman has worked tirelessly with key officials to prepare a budget of over Rs 50 lakh crore for…
The Economic Survey of 2024-25 tabled by Finance Minister Nirmala Sitharaman in Lok Sabha on Friday mentioned the five key schemes introduced in last year’s Union Budget that helped generate…
With the Union Budget 2025 on the horizon, stakeholders across India’s technology sector are eagerly awaiting announcements that could provide much-needed momentum to the nation’s digital…
President Droupadi Murmu addressed the joint session of Parliament on Friday, ahead of the Union Budget presentation, with a bold vision for India’s future. She outlined the government’s goal to…
India’s travel and tourism sector is set for significant expansion. Its valuation is expected to more than double to $523 billion over the next decade.
According to Julia Simpson, President and CEO of…
In India, like in several other nations, gold is a well-known symbol of wealth and status. Also well-known is Indians’ love for the precious metal.
In December, it was thought that the fruits of this…
As the Union Budget 2025 approaches, the aspirations of 1.4 billion Indians converge towards a transformative vision of a “Swarnim Bharat” (Golden India), “Shaktishali Bharat” (Powerful India) and…
The Election Commission will write to the cabinet secretary, informing that no Delhi-specific provision can be made in the Union Budget that can disturb the level-playing field, CEC Rajiv Kumar said…
The year 2024 was quite eventful in India in terms of what it means for the layperson’s savings and money management.
Here’s a look at five key money rule changes that took place in 2024.
1. Changes…
Finance Minister Nirmala Sitharaman held a meeting on Tuesday to chart next year’s Union Budget. A review of the Income Tax Act and reclassification of the Customs Act were among the topics on the…
Finance Minister Nirmala Sitharaman on Monday (September 16) asked a burning question most Indian taxpayers wants the answer to: Will income tax rate for middle class be reduced?
In her extensive…
When Finance Minister Nirmala Sitharaman announced the Union Budget 2024 on July 23, one of the biggest takeaways was the proposal to lower the long-term capital gains (LTCG) from 20 per cent to 12.5…
Finance Minister Nirmala Sitharaman on Wednesday replied to the Opposition’s claim that most states were ignored from the Union Budget as she made a special mention of Bihar and Andhra Pradesh.
Citing…
Finance Minister Nirmala Sitharaman on Tuesday termed misleading claims by opposition leaders that if any state is not named in the Budget speech, then it does not get any budgetary…
Finance Minister Nirmala Sitharaman will reply to the budget discussions in the Lok Sabha on Tuesday at around 4 pm.
With her reply, the budget process will reach a conclusion following which the…
Sitharaman has undertaken various measures such as allocation of Rs 10 trillion, including a central assistance of Rs 2.2 trillion, for the Pradhan Mantri Awas Yojana (Urban) and provision of rental…
Trinamool Congress leader Abhishek Banerjee on Wednesday launched a strong attack on the Modi government, alleging that the Union Budget lacks clarity or vision, it has been rolled out to satisfy the…
The Union Budget 2024 has proposed to withhold income tax refund up to 60 days of assessment under section 245 if assessment proceedings of the taxpayer are pending for any earlier year.
Finance…
The INDIA bloc MPs will hold a protest in the Parliament on July 24, against the Union Budget, presented on Tuesday by Finance Minister Nirmala Sitharaman.
The opposition parties have alleged Union…
Angry over not finding the mention of their respective states in Finance Minister Nirmala Sitharaman’s budget 2024 speech, several chief ministers from the non-BJP ruled governments on Tuesday…
The 2024-25 Union Budget has allocated Rs 1,248.91 crore for expenses incurred by the Council of Ministers, the Cabinet Secretariat and the Prime Minister’s Office, and for hospitality and…
In Budget 2024, Finance Minister Nirmala Sitharaman announced an allocation of more than Rs 1,000 crore in about 140 major government schemes with the highest being allocated to Pradhan Mantri Garib…
The Union Budget 2024 was a win-win for some while others have expressed scepticism. Finance Minister Nirmala Sitharaman on Tuesday presented the budget that mentioned a number of key changes in terms…
Union Finance Minister Nirmala Sitharaman has pushed for climate adaptation of crops and agricultural start-ups in the Union Budget 2024-25.
Sitharaman has also sought to boost India’s self-reliance…
The Agnipath scheme, designed to reform India’s military recruitment by hiring young soldiers on short-term contracts, has seen substantial changes in its budget allocations over recent years.
Budget…
In the Union Budget 2024-25, Finance Minister Nirmala Sitharaman announced significant changes to the capital gains tax structure. The long-term capital gains tax (LTCG) has been increased to 12.5 per…
The Ministry of Home Affairs has received an allocation worth Rs 2.1 lakh crore from the Union Budget 2024. A majority of this fund has been given to central security forces like CRPF, BSF and CISF…
The Ministry of External Affairs (MEA) has been allocated a significant budget of Rs 22,154 crore for the fiscal year 2024-25 in the Union Budget, a notable increase from last year’s outlay of Rs…
In a significant push towards digitalisation, Union Finance Minister Nirmala Sitharaman unveiled a series of measures aimed at boosting technology adoption as part of the Union Budget 2024-2025…
Union Finance Minister Nirmala Sitharaman announced several interesting initiatives for the Indian youth. The section was one of the four castes Sitharaman mentioned that needs to be in focus. The…
The leader of the opposition in the Lok Sabha, Rahul Gandhi on Tuesday criticised the Union Budget 2024-25, accusing the Finance Minister of making hollow promises.
Taking to social media platform…
Union Finance Minister Nirmala Sitharaman announced on Tuesday a new financial support scheme to provide loans up to Rs10 lakh for higher education at domestic institutions. This initiative aims to…
Prime Minister Narendra Modi said that the Union Budget 2024-25, presented on Tuesday, will give new impetus to economic development in the country. The Prime Minister said that the budget would…
The Indian startup ecosystem has been the focus of business-related conversations all around the globe, and now it has received a significant boost as Finance Minister Nirmala Sitharaman announced…
In a major relief for working professionals, Finance Minister Nirmala Sithraman proposed that the Standard deduction for professionals enrolled in the new tax regime will go up from Rs 50, 000 to Rs…
Finance Minister Nirmala Sitharaman on Friday announced financial assistance for Sikkim, Assam, Uttarakhand and Himachal Pradesh, the states impacted by floods.
Presenting the Union Budget in…
While presenting the highly anticipated Union Budget 2024, Finance Minister Nirmala Sitharaman stated that there needs to focus on 4 different castes that take a significant place in the Indian…
As the government goes through the formalities on Tuesday morning before Finance Minister Sitharaman presents the Union Budget 2024, expectation is high, Moody’s Analytics said, that she would…
The Union Budget 2024–25 will be introduced in the Lok Sabha by Finance Minister Nirmala Sitharaman Today, July 23. She will only be the second finance minister to accomplish this feat after C D…
The Union Budget 2024 is eagerly awaited, especially by the electric vehicle (EV) sector, which is anticipating significant policy support and incentives.
With the Modi government entering its third…