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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…
Govt. proposes nil tax on income up to ₹12 lakh per annum under New Tax Regime, Finance Minister Nirmala Sitharaman said in her Union Budget 2025 speech in the Parliament, in New Delhi on February 1. 2025.. (Representational image) In the most anticipated announcement this Union Budget 2025, Finance Minister Nirmala Sitharaman announced there would…
Finance Minister Nirmala Sitharaman shows a red pouch containing the budget documents, as she arrives to present the Union Budget 2025 in the Parliament in New Delhi, on February 1, 2025. | Photo Credit: AP Finance Minister Nirmala Sitharaman presented a record 8th consecutive Union Budget on Saturday (February 1, 2025). Also read: Budget 2025 LIVE updates…
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A farmer harvesting a paddy field with mechanised harvester at Thiruvalarsolai in Tiruchi district. (Image used for representational purpose only.) | Photo Credit: The Hindu Finance Minister Nirmala Sitharaman announced the Pradhan Mantri Dhan Dhanya Krishi Yojana, or the developing agri-districts programme, in her record 8th Union Budget presentation on Saturday (February 1, 2025). The…
Every Budget season, the most-asked question remains the same – does it have anything for the salaried class? With Finance Minister Nirmala Sitharaman set to present Budget 2025-26 on February 1, the salaried class is again looking out if the government has any plans to reduce their financial burden. Economists have suggested that the government…
Read More “What Changes Do Economists Suggest For Salaried Taxpayers” »
Any reduction in the customs duty on smartphone parts in the forthcoming budget will harm India’s developing component ecosystem, discourage investment, increase imports, and make local firms uncompetitive, potentially resulting in job losses, think tank GTRI said on Tuesday (January 7, 2025). India’s smartphone industry is a ‘Make in India’ success story, with 2023-24 production…
Read More “Duty cut on smartphone parts to hit electronics ecosystem, trigger job loss: GTRI” »