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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…
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…
New Delhi: Union Finance Minister Nirmala Sitharaman’s attire on Union Budget days has always gained attention for the past seven years. Her different coloured sarees with unique embroidering have told a different tale. This year, the minister’s record eighth consecutive Budget, she draped an off-white handloom silk saree with fish-themed embroidery and a golden border…
Read More “Nirmala Sitharaman’s Budget Day Saree Is A Tribute To Madhubani Art” »
Finance Minister Nirmala Sitharaman today will present a record eighth consecutive Union Budget that is expected to contain measures to shore up weakening economic growth and ease the burden on the middle class struggling with high prices and stagnant wage growth while being fiscally prudent. This will take Ms. Sitharaman closer to the record of…
Opposition parties, criticising the government for withholding information on the stampede at the Maha Kumbh, and the U.P. government’s alleged focus on VIP visits to Prayagraj rather than crowd control, called for a discussion on the tragedy during the upcoming Budget session of Parliament, at the all-party meeting on Thursday (January 30, 2025). The meeting…