Tag: Nirmala Sitharaman

Union Budget caters to every section of society, says Odisha CM Mohan Majhi

February 2, 2025 admin

A file image of Odisha Chief Minister Mohan Charan Majhi | Photo Credit: ANI Calling the Union Budget historic, Odisha Chief Minister Mohan Majhi on Saturday (February 1, 2025) said it is intended for every section of the society such as farmers, daily wage earners, middle class, employees, women, youth and students. “The Union government…

Business

Union Budget 2025: Double allocation for employment generation scheme

February 2, 2025 admin

Image for representative purpose | Photo Credit: Getty Images/iStockphoto Union Finance Minister Nirmala Sitharaman said the New Employment Generation Scheme, formulated to support employment generation across the country, will receive ₹20,000 crore. For the Labour Ministry, the allocation has been increased from ₹18,307.22 crore in the Revised Estimates (RE) of 2024-25 to ₹32,646.19 crore in…

Business

Union Budget 2025: A clear road map for Viksit Bharat

February 1, 2025 admin

Kumar Mangalam Birla, Chairperson, Aditya Birla Group, says the Budget also focuses on power sector revitalisation, particularly in electricity distribution and intra-State transmission. | Photo Credit: The Hindu Finance Ministers face a perennial balancing act when crafting Budgets. They must articulate the government’s broader policy vision while maintaining fiscal discipline — a task that is…

Business

Union Budget 2025: Tax bonanza for middle class

February 1, 2025 admin

If your car is sputtering, and a faulty fading battery appears to be the cause, the only immediate alternative is to try and jumpstart it by hooking it up with another running car. Finance Minister Nirmala Sitharaman sought to do just that on Saturday (February 1, 2025) with her Union Budget for 2025-26 — jumpstart…

Business

Union Budget 2025: Sitharaman proposes many reforms to lift investor mood

February 1, 2025 admin

Union Fianance Minister Nirmala Sitharaman addresses the media on Budget at National Media Centre, in New Delhi on February 1, 2025 | Photo Credit: Sushil Kumar Verma Union Finance Minister Nirmala Sitharaman on Saturday (February 1, 2025) proposed several financial sector reforms to ease compliance, expand services, build robust regulatory environment, promote international and domestic…

Business

Union Budget 2025: What’s in it for Defence sector

February 1, 2025 admin

Union Budget 2025: What’s In It For Defence sector The total allocation to the Defence Ministry for 2025-26 stood at ₹6,81,219 crore which represents a year on year increase of 9.53% and constitutes 13.45% of the Union Budget, the highest among the Ministries. | Video Credit: The Hindu The capital allocation for the Defence Ministry…

Business

Union Budget 2025: What’s in it for women and children?

February 1, 2025 admin

What’s in it for women and children? The Union Budget for 2025-26 focusses on enhancing financial independence of women and providing them an enabling atmosphere to work. | Video Credit: The Hindu The Union Budget for 2025-26 presented on Saturday (February 1, 2025) focusses on enhancing financial independence of women and providing them an enabling…

Business

Will New Tax Rules Need Parliament Approval? What Nirmala Sitharaman Said

February 1, 2025 admin

Finance Minister Nirmala Sitharaman has announced a revised tax structure under the new regime that will reduce taxes and leave more money in the hands of the people. She also said during her Budget speech in the Parliament that an annual income of Rs 12 lakh will attract no tax. Hours after her speech, she…

Nation

“What Happens If You Don’t Have A Job?” Shashi Tharoor On Union Budget 2025

February 1, 2025 admin

New Delhi: Congress MP Shashi Tharoor on Saturday reacted to the Union Budget presented by Finance Minister Nirmala Sitharaman, questioning what would happen to those who are not employed. Mr Tharoor’s statements were in response to the revised tax slabs and rates under the new regime. “I think, frankly, the applause you heard from the…

Nation

India Increases Foreign Aid To Maldives, But This Country Tops The List

February 1, 2025 admin

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…

World