Economy

New Delhi: Prime Minister Narendra Modi on Saturday lauded the Union Budget 2025, calling it a “Janata Janardan Ka Budget” and emphasising its people-centric approach that will propel India’s development journey. Sharing his thoughts on the Budget, PM Modi described it as a significant milestone in India’s growth trajectory. “This is a budget for the

New Delhi: Prime Minister Narendra Modi on Saturday praised the Union Budget 2025, emphasising that it not only meets India’s present needs but also prepares the nation for the future. He highlighted the Budget’s benefits for the middle class, farmers and entrepreneurs, calling it a crucial step towards economic growth. “In this Budget, income up

Srinagar:  Union Budget proposals presented by Finance Minister Nirmala Sitharaman on Saturday produced mixed reactions in Jammu and Kashmir. Javid Ahmad Bhat, Kashmir Chamber of Commerce and Industry President, told IANS, “Ours is a mixed reaction to the Budget proposals. The total allocation has come down from last fiscal whereas we were expecting at least

New Delhi: In a major move to ease the tax burden on middle-class taxpayers, Finance Minister Nirmala Sitharaman on Saturday announced fresh tax slabs under the New Tax regime in the Union Budget 2025-26. The new tax slabs aim to provide relief to individuals earning up to Rs 12 lakh annually and the exemption limit

New Delhi: Finance Minister Nirmala Sitharaman, presenting the Budget for 2025-26, on Saturday proposed setting up a Maritime Development Fund with a corpus of Rs 25,000 crore for the long-term financing of the maritime industry. She said that this corpus will be for support and promoting competition in the maritime industry. The fund will have

New Delhi: The newly-announced tax slabs in Union Budget 2025 have brought significant relief to the Indian middle class, while the business community has lauded the move as a strategic decision that will fuel economic growth. The revised tax structure, unveiled by Finance Minister Nirmala Sitharaman, ensures that individuals earning up to Rs 12 lakh

New Delhi: Union Finance Minister Nirmala Sitharaman on Saturday announced significant measures to bolster more than 1 crore registered micro, small, and medium enterprises (MSMEs), employing 7.5 crore people and generating 36 per cent of the country’s manufacturing. With their quality products, these MSMEs are responsible for 45 per cent of our exports, the Finance

Kolkata:  Union Finance Minister Nirmala Sitharaman’s proposal to raise the minimum tax slab to Rs 12 lakh from Rs 7 lakh in the new regime in addition to Rs 75,000 of the standard deduction for salaried taxpayers will boost both expenditure and savings among the middle-class section of the Indian population, feel economists. Former chief

New Delhi: Union Finance Minister Nirmala Sitharaman on Saturday announced the launch of a modified UDAN (Uday Desh Ka Aam Nagrik) scheme, as part of her Budget 2025-26 proposals, to enhance regional connectivity to 120 new destinations and carry 4 crore passengers in the next 10 years. This scheme will also support helipads and smaller

New Delhi: In a bid to further push exports amid geo-political uncertainties, Finance Minister Nirmala Sitharaman on Saturday announced the setting up of an Export Promotion Mission, with sectoral and ministerial targets, driven jointly by the Ministries of Commerce, MSME, and Finance. It will facilitate easy access to export credit, cross-border factoring support, and support