Tag: union budget 2025

PM Modi calls for speedy implementation of agriculture budget, keeping focus on action

March 1, 2025 admin

Prime Minister Narendra Modi on Saturday (March 1, 2025) called for expeditious implementation of the budgetary proposals for agriculture and rural development, urging stakeholders to focus on “action” instead of deliberating on a new budget. Addressing a post-budget webinar on ‘Agriculture and rural prosperity’, the Prime Minister emphasised that the budget reflects the government’s new…

Business

Hope to introduce new income tax bill in Lok Sabha next week: Nirmala Sitharaman

February 8, 2025 admin

Union Finance Minister Nirmala Sitharaman, Reserve Bank of India Governor Sanjay Malhotra and Directors during the 613th Meeting of Central Board of Directors (CBD) of the RBI in New Delhi on February 8, 2025. | Photo Credit: PTI Finance Minister Nirmala Sitharaman on Saturday (February 8, 2025) said she is likely to introduce the new…

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Budget 2025: Can nuclear be a meaningful part of India’s energy strategy? | Business Matters

February 5, 2025 admin

In the latest budget speech, the Indian Finance Minister reiterated an earlier-articulated goal for Nuclear Energy capacity—to reach 100 GW by 2047. Where are we now? At 8 GW. Does the goal sound more than just a bit ambitious? In this episode, we will learn a tiny bit of nuclear science as well as about…

Business

Why the tax cuts are a one way gamble

February 5, 2025 admin

A worker cleans the floor of a showroom during a presentation of the Union Budget 2025-26, in Mumbai, on February 1. | Photo Credit: PTI It would not be an exaggeration to say that this is the biggest tax cut that the middle class has ever got in any Union Budget. To be sure, the…

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Railway Budget 2025: Funds to railway in West Bengal has been increased three times since Mamata was Minister says Vaishnaw

February 4, 2025 admin

File picture of Union Minister Ashwini Vaishnaw. | Photo Credit: The Hindu Union Railway Minister Ashwini Vaishnaw on Monday (February 3, 2025) said funds to railway projects in West Bengal have been increased three times since Mamata Banerjee was in charge of the Ministry of Railways. “The allocation which was in Mamata Didi’s (Banerjee) time…

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Union Budget 2025: Tax cut meant to address ‘angst’ and to kickstart a slowing economy, says Finance Secretary

February 2, 2025 admin

Union Finance Secretary Tuhin Kanta Pandey. | Photo Credit: The Hindu The Centre’s decision to significantly slash the income tax payer’s burden was aimed at addressing some “angst” that the government had noticed in recent months as well as to give a fillip to the economy’s weakening growth impulses with a broad-based boost to demand,…

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Budget focus firmly on employment generation: Labour Minster

February 2, 2025 admin

Labour Minister Mansukh Mandaviya | Photo Credit: Special arrangement The Labour Ministry got its highest ever allocation in this year’s Union Budget and the increase in funding will help focus on the new employment generation scheme, Labour Minister Mansukh Mandaviya said on Sunday (February 2, 2025). The “record ₹32,646 crore” allocation is almost 80% higher…

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Union Budget 2025: Lok Sabha gets ₹903 crore, Rajya Sabha ₹413 crore

February 2, 2025 admin

A view of the Parliament building in New Delhi. File | Photo Credit: The Hindu Lok Sabha has been allocated ₹903 crore in the Union Budget, more than double the amount given to the Rajya Sabha. A sizeable allocation — ₹558.81 crore of the total ₹903 crore — has been assigned to the Lok Sabha…

Business

“Asset Monetisation Not Substitute For Disinvestment”: Nirmala Sitharaman On NDTV

February 2, 2025 admin

New Delhi: Finance Minister Nirmala Sitharaman, who presented the Union Budget yesterday, clarified that the asset monetisation plan is not a substitute to disinvestment. Speaking to NDTV Editor-in-Chief Sanjay Pugalia on Sunday, Ms Sitharaman said, “Asset monetisation is not a substitute for disinvestment. Asset monetisation has been going on and will continue. In the 2nd…

Nation

Customs Benefit To Tesla, Harley To Counter Trump Tariff? N Sitharaman Says…

February 2, 2025 admin

New Delhi: Finance Minister Nirmala Sitharaman said the Centre has introduced custom duty rationalisation to ensure the Indian economy becomes aatmanirbhar (self-reliant). Ms Sitharaman was responding to NDTV’s Sanjay Pugalia on whether the budgetary announcement of reducing custom duty for many automobiles, which will benefit companies like Tesla and Harley Davidson, is a signal amid…

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