Page 21 - Latest Updates on Nirmala Sitharaman
Best of BS Opinion: India's Budget menu: Bold flavours or comfort food?
Our Editorial comment and columnists dissect the Union Budget 2025 to see what makes it tick, and what doesn't
 "Best of BS Opinion: India's Budget menu: Bold flavours or comfort food?")
Budget at a glance: Here're the key numbers from Union Budget 2025
FM announced significant income tax cuts for the middle class and unveiled a blueprint for next generation
 "Budget at a glance: Here're the key numbers from Union Budget 2025")
Budget 2025: Investment, turnover limits for MSMEs hiked up to 2.5 times
Currently, over 1 crore registered MSMEs, employing 7.5 crore people and generating 36 per cent of our manufacturing, have come together to position India as a global manufacturing hub
 "Budget 2025: Investment, turnover limits for MSMEs hiked up to 2.5 times")
Budget sets a comprehensive blueprint for India's economic growth
The FM announced income tax relief for middle-class households to the tune of $12 billion (0.3 per cent of GDP), which is expected to give a significant boost to urban consumption and savings
 "Budget sets a comprehensive blueprint for India's economic growth")
Budget 2025: Govt plans to reduce debt-to-GDP ratio to 47.5-52% by FY31
The six-year roadmap until FY31 aims to bring down the debt-to-GDP ratio to a range of 47.5-52 per cent from 57.1 per cent in FY25
 "Budget 2025: Govt plans to reduce debt-to-GDP ratio to 47.5-52% by FY31")
A blueprint for Viksit Bharat: Budget 2025 focuses on growth, reforms
The Finance Minister has also been cognizant of the need to undertake regulatory reforms that are needed to ensure that the economy does not get bogged down and steams ahead
 "A blueprint for Viksit Bharat: Budget 2025 focuses on growth, reforms")
Budget 2025: We've responded to the voice of the people, says FM Sitharaman
We continue to place emphasis on the multiplier effect that capital expenditure done by the government has shown, said FM Sitharaman
 "Budget 2025: We've responded to the voice of the people, says FM Sitharaman")
New Income Tax Bill to be introduced next week, says FM Sitharaman
The minister had previously announced in July last year that a comprehensive review of the Income Tax Act of 1961 would be completed within six months
 "New Income Tax Bill to be introduced next week, says FM Sitharaman")
Pragmatic and sensible: FM Sitharaman incentivises growth beyond govt capex
By providing an effective tax cut of Rs 1 trillion to the middle class, the FM will improve consumer confidence and boost consumption
 "Pragmatic and sensible: FM Sitharaman incentivises growth beyond govt capex")
Noble intentions, but questions remain: Budget's allocations fall short
This was an opportune moment to get rid of the old tax system entirely and move fully to the new one. A broad-based, low-rated, and less differentiated tax structure is the need of the hour
Budget updates: Diya Kumari terms Union Budget as 'game changer,' Gehlot criticises lack of relief
New tax regime updates: Under the new system, taxpayers will not have to pay any income tax on earnings up to Rs 12 lakh per annum
Of tax relief, transparency and promises: A Budget focused on clarity
The regret about this Budget is that it once again shies away from renewing its commitment to strategic disinvestment
 "Of tax relief, transparency and promises: A Budget focused on clarity")
Budget 2025: FM cuts customs duty on 40 items to boost manufacturing
After a comprehensive review of the customs rate structure, the government has decided to remove seven tariff rates
 "Budget 2025: FM cuts customs duty on 40 items to boost manufacturing")
Betting on the middle class: Budget fuels growth with consumption boost
While public capex has been retained at its elevated level, it appears that the finance ministry believes that without a more direct push to household demand, growth will subside to unacceptable level
Budget: Bihar gets the lion's share; tax relief with eye on middle class
The projects for Bihar in Budget 2025-26 add to the Rs 59,000 cr that the FM allocated to the state in July
 "Budget: Bihar gets the lion's share; tax relief with eye on middle class")
Budget 2025: Defence allocation sees marginal rise at 1.9% of GDP
It is unclear at the moment what portions of this year's capital budget the three services will receive, because the breakup is no longer separately marked in public documents
 "Budget 2025: Defence allocation sees marginal rise at 1.9% of GDP")
Budget 2025: FM promises intervention in 100 districts to boost crop yields
Credit limit on KCC raised to Rs 5 lakh; farm Budget at Rs 1.71 trn, 22% more than FY25RE
Budget 2025: FM takes 'transformative reforms' route to boost growth
The Budget proposed setting up a high-level committee for regulatory reforms to review all non-financial sector regulations, certifications, licences, and permissions
 "Budget 2025: FM takes 'transformative reforms' route to boost growth")
More disposable income in hands: TDS threshold for senior citizens doubled
Taxpayers can now file updated returns for four years instead of the previous two
 "More disposable income in hands: TDS threshold for senior citizens doubled")
Budget 2025: Tax-free income limit under new regime rises to Rs 12 lakh
Old tax system remains unchanged
 "Budget 2025: Tax-free income limit under new regime rises to Rs 12 lakh")