Economy

New Delhi:  The Union Budget 2025 has garnered strong reactions from industry leaders, with many praising its focus on economic growth, fiscal prudence, and tax relief measures. Various sectors expressed their approval of the provisions aimed at boosting growth, encouraging investment, and providing relief to the middle class. Sanjay Kumar, Founder & CEO of TTP

New Delhi: Union Finance Minister Nirmala Sitharaman on Saturday announced exemptions on basic customs duty on 36 life-saving drugs and also gave a big boost to medical tourism. “Basic customs duty exempted for 36 life-saving drugs, while 6 life-saving drugs will have 5 per cent customs duty,” the FM said, as she presented her

New Delhi:  Union Finance Minister Nirmala Sitharaman, while presenting the Budget 2025-2026 in the Parliament on Saturday, said that the Government will set up an Urban Challenge Fund of Rs 1 lakh crore to implement the proposals for ‘Cities as Growth Hubs’, ‘Creative Redevelopment of Cities’ and ‘Water and Sanitation’ announced in the July Budget.

New Delhi: Finance Minister Nirmala Sitharaman on Saturday presented the Budget 2025-26 in the Parliament with an aim at accelerating employment-led inclusive growth, propelled by investments in the agricultural and rural sector, MSMEs and exports while sticking to the fiscal consolidation path. “This budget is dedicated to accelerating growth, driven by our aspirations for a

New Delhi: The Narendra Modi government 3.0 has continued the focus on income tax relief for the salaried class initiated by the NDA government in 2014, breaking away from the UPA’s practice of offering small doses of tax savings to the middle class. The Union Budget 2025-26 presented by Union Minister for Finance and Corporate

New Delhi:  In a major announcement, Finance Minister Nirmala Sitharaman on Saturday said the government will introduce a new Income Tax Bill next week. The new Income Tax Code will be announced next week, and the I-T Department will “trust first, scrutinise later”, the Finance Minister said while presenting the Budget 2025-26. The Finance Minister

New Delhi: Union Finance Minister Nirmala Sitharaman, presenting the eight consecutive Budget of the NDA government, shared the blueprint of a ‘Viksit Bharat’ and made key announcements, centering primarily on four key segments — women, youth, farmers and the poor. The Finance Minister announced implementation of schemes to facilitate and scale up toy manufacturing, thus

New Delhi: In a big boost to the Indian middle class, Finance Minister Nirmala Sitharaman on Saturday announced that there will be no income tax payable for incomes up to Rs 12 lakh, and Rs 12.75 lakh for salaried taxpayers (including standard deduction). In the new tax regime, the revised tax rate structure is Rs

New Delhi:  Finance Minister Nirmala Sitharaman on Saturday presented the Budget 2025-26 in Parliament which aims to give a big push to employment-led growth with its focus on the agricultural and rural sector, MSMEs, and exports, while sticking to the fiscal consolidation path to ensure stability in the economy. She has kept the budget deficit

New Delhi: India is the world’s fastest-growing economy, and the government will ensure tremendous growth in coming years across the spectrum on the way to becoming “Viksit Bharat”, Union Finance Minister Nirmala Sitharaman said on Saturday. Presenting her eighth consecutive budget and the NDA government’s second full Union Budget of its third term, the Finance