Stay Connected. Stay Informed.
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” »
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” »
New Delhi: Union Finance Minister Nirmala Sitharaman on Saturday stressed unlocking the potential of India’s marine sector and said that the government will bring a framework for sustainable harnessing of fisheries with a special focus on Andaman and Lakshadweep zones. “India ranks second largest globally in fish production and aquaculture. Seafood exports are valued at…
Read More “Centre To Bring Framework For Sustainable Harnessing Of Fisheries” »
Currently, four VVER 1,000-MWe reactors are being built at the KKNPP site. | Photo Credit: The Hindu Boosting state’s power distribution and opening the nuclear power sector was announced by Union Finance minister Nirmala Sitharaman in her eighth Budget speech on Saturday (February 1, 2025). She announced incentivisation of distribution reforms to help the financial…
New Delhi: Finance Minister Nirmala Sitharaman on Saturday announced another round of Fund of Funds for Startups scheme with a corpus of Rs 10,000 crore to promote growth of budding entrepreneurs. The announcement assumes significance as the government is focusing on promoting innovation through startups. Department for Promotion of Industry and Internal Trade (DPIIT) has…
Read More “Finance Minister Announces Scheme For Startups With Rs 10,000 Crore Corpus” »
New Delhi: Union Finance Minister Nirmala Sitharaman is known for making statements with her sarees on Budget Day. Every year, she wears a saree that represents India’s rich textile heritage and traditional craftsmanship. This year was no different. This year, Ms Sitharaman chose an off-white coloured handloom silk saree with fish-themed embroidery and a golden…
Read More “A Look At Nirmala Sitharaman’s Budget Day Sarees Over The Years” »
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” »
A cut or tweak in income tax rates/slabs to ease the burden of the middle class struggling with high prices and stagnant wage growth is widely expected in Finance Minister Nirmala Sitharaman’s record-setting eighth consecutive Budget. The Budget for the fiscal year starting April 1 is expected to contain measures to shore up weakening economic…
Read More “Hopes running high of tax cut as Nirmala Sitharaman presents record 8th budget” »
India needs to develop climate-resilient crop varieties and enhance yields to increase the production of pulses, oilseeds, tomatoes and onion to ensure long-term price stability, the Economic Survey 2024-25 said. File | Photo Credit: Sandeep Saxena India needs to develop climate-resilient crop varieties and enhance yields to increase the production of pulses, oilseeds, tomatoes and onion…
Read More “India needs to develop climate-resilient crop varieties: Economic Survey” »
With the Union Budget 2025 set to be presented on February 1, Finance Minister Nirmala Sitharaman faces mounting expectations for tax relief as inflation rises and disposable income shrinks. Among the most anticipated measures is an increase in the standard deduction, a tax break that provides relief to salaried individuals. Experts are pushing for a…
Read More “What Is Standard Deduction And How It Benefits Taxpayers” »