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The IndiaAI mission got the highest increase in allocation Finance Minister Nirmala Sitharaman presented the Union Budget for 2025, unveiling the eighteenth Cabinet’s plans for funding the integration of Artificial Intelligence (AI) in various fields. Allocations for all schemes related to AI have seen significant increases since the previous Union Budget. In her 8th Budget…
New Delhi: The Ministry of External Affairs (MEA) has allocated Rs 5,483 crore for aid to foreign nations, slightly higher than last year’s Rs 4,883 crore. The overall budget for the MEA stands at Rs 20,516 crore, with aid to neighbouring and strategic countries remaining a crucial component. The MEA budget has placed a key…
Read More “India Increases Foreign Aid To Maldives, But This Country Tops The List” »
Khan Yunis: Hamas on Saturday released two out of three Israeli hostages in the fourth exchange of the ceasefire deal, ahead of the expected release of 183 Palestinian prisoners held in Israeli jails. Ofer Kalderon and Yarden Bibas were paraded on a stage before being released to the Red Cross in Khan Yunis in southern…
Read More “Hamas Releases 2 Israeli Hostages As Fouth Ceasefire Exchange Begins” »
New Delhi: The government today cut personal income tax rates for some sections of taxpayers in a bid to boost consumption. Currently, under the system introduced in 2020, annual income of up to Rs 15 lakh is taxed at a rate between 5 per 20 per cent, while income of more than Rs 15 lakh…
Read More “Government Answers Your Questions On New Income Tax Regime” »
For income taxpayers, the ‘nil tax’ slab was increased to Rs 12 lakh in the Union Budget 2025. Despite announcing that no income tax needs to be paid up to an income of Rs 12 lakh under the new regime, the government is still expecting the share of income tax in gross tax collections to…
Palestinian Hamas militants release Keith Siegel, a hostage held in Gaza since the deadly October 7, 2023 attack, as part of a ceasefire and a hostages-prisoners swap deal between Hamas and Israel, in Gaza City, on February 1, 2025. | Photo Credit: Reuters Hamas has handed American-Israeli hostage Keith Siegel, 65, over to the Red…
Read More “Gaza ceasefire: Hamas hands over three hostages to Red Cross” »
New Delhi: To boost urban infrastructure, Union Finance Minister Nirmala Sitharaman on Saturday announced 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’. Presenting the Union Budget 2025-26, Sitharaman said the fund…
Read More “Finance Minister Announces Rs 1 Lakh Crore Fund To Ramp Up Urban Infrastructure” »
New Delhi: Finance Minister Nirmala Sitharaman’s attire to present the Union Budget today – an off-white handloom silk saree with fish-themed embroidery and a golden border – is a tribute to Bihar’s Madhubani Art. Dulari Devi, a Padma awardee who made Ms Sitharaman’s saree, said that it has filled her with “immense pride”. “Mithila’s pride…
Read More “Artist Who Made Nirmala Sitharaman’s Budget Day Saree” »
Finance Minister Nirmala Sitharaman presented her eighth record Budget in the Lok Sabha that comes in the backdrop of growth slowing down to four-year-low of 6.4%. This is the second Budget of the BJP-led NDA Government in its third term in office. Ms. Sitharaman started her speech by saying that this Budget will initiate reforms…
The ambitious scheme has been allocated Rs 1,000 crore for the financial year 2025-26.© SAI The government’s flagship Khelo India programme to scout and nurture athletes at the grassroots level was the biggest beneficiary as the allocation for sports was hiked substantially by Rs 351.98 crore in the Union Budget presented by Finance…
Read More “Sports Budget Raised By Over Rs 350 crore, Khelo India Gets Biggest Share” »