Eligible start-ups can avail complete deduction of profit and gains for three consecutive years out of 10 years, beginning from the year of incorporation
Insurance and pension regulatory norms require that investment papers must have at least an "AA" rating to be eligible for investment from pension and insurance funds
Nirmala Sitharaman used Telugu poet and playwright Gurajada Apparao's famous words to emphasise the government's vision for Viksit Bharat
The Bahujan Samaj Party chief Mayawati criticised the Budget calling it 'politically motivated'
The Budget also placed a strong emphasis on the gig economy, a sector that plays a crucial role in last-mile deliveries using electric two-wheelers
The Treasury Benches erupted with joy when the restructuring in income-tax slabs was announced, breaking spontaneously into chants of "Modi, Modi"
Public spending on capital expenditure remains a priority due to its strong multiplier effect on economic growth, Finance Minister Nirmala Sitharaman said at the post-Budget press briefing
Nirmala Sitharaman's Budget 2025 puts Makhana in the spotlight, sparking buzz around Nikhil Kamath's viral post on its Rs 6,000 crore global growth potential
Budget 2025: Stills from movies like Krrish, Welcome, and television series were being shared widely to encapsulate the sentiment of the taxpayers
The standard deduction was last hiked in Interim Budget 2024, but only in the new tax regime
Budget 2025 Highlights: As expected, the union government has very little room for fiscal maneuvering and has tried to maintain a fine balance
The Opposition has slammed Budget 2025 as 'all about Bihar elections', calling it biased and neglectful of common people, the middle class, and key states
Finance Minister Nirmala Sitharaman on Saturday also increased the allocation to state-owned National Highways Authority of India (NHAI) to Rs 1,878,03 crore from last year's Rs 1,693,71 crore
Under the SWAMIH Fund, 50,000 dwelling units in stressed housing projects have been completed, and keys handed over to homebuyers
The reforms are part of the Government's broader strategy to stimulate consumption, enhance ease of doing business and boosting economic growth
Union Budget 2025 revises TCS rates on foreign remittances, reducing the tax burden on students funding overseas education through loans or personal savings
Budget 2025: Following the Budget presentation, Prime Minister Narendra Modi congratulated Finance Minister Nirmala Sitharaman and her team for presenting a 'people's Budget'
The government said people earning up to Rs 12.8 lakh ($14,800) per year will not have to pay any taxes, raising its threshold from Rs 700,000
No tax on income up to ₹12 lakh, revised tax slabs, senior citizen benefits, and homeowner relief announced by FM Nirmala Sitharaman to ease the financial burden on the middle-class
With a focus on healthcare, defence, agriculture, maritime, and education, the Budget aims to enhance infrastructure, boost self-reliance, and foster long-term growth