Page 110 - Budget 2026 News

Old income tax regime vs new income tax regime: Which one is better?

New income tax regime: The taxpayers can avail of several deductions under the old income tax regime using section 80C etc. But under the new tax regime, no such deductions are allowed

Union Budget underscores role of digital, tech in development: Nasscom

According to Nasscom, the creation of 5G labs will further help in opening newer avenues and opportunities, scaling up new business models and employment prospects

Tea sector unhappy over total negligence in Union Budget 2023-24

According to the Darjeeling Tea Association (DTA)'s principal advisor S. Mukherjee, the tea sector was probably the only industrial segment which was not spared even a word as regards to any industry

Budget 2023: Understanding 20% TCS on foreign remittance transactions

Budget 2023: Earlier, a 5 per cent tax collected at source was levied on foreign remittances

Defence budget falls below 2% of GDP, emphasis on border infrastructure

The defence allocations for 2023-24 represent an enhancement of Rs 68,371 crore

Cut in customs duty, support to MSMEs will boost shipments: Exporters

Tweaking customs duties in certain sectors and measures to support MSMEs will help in boosting domestic manufacturing and the country's outbound shipments, exporters said on Thursday

What are Unity Malls, and what did FM Sitharaman say about them in Budget?

The idea behind setting up these malls appears to be to give a boost to local products and economies

New tax regime to benefit maximum number of taxpayers: CBDT Chairman

The new income tax regime for filing returns has been "sweetened" in the Budget 2023-24 and it will be beneficial for maximum number of taxpayers as they can enjoy a "reduced" tax rate

Rebates to slabs: Budget's key changes in Income Tax regime explained

This move indicates that the old regime will slowly be wound up

A balanced Budget against the backdrop of global uncertainties

Tax reliefs are expected to leave more money in the consumers' hands. While the aim is to boost consumption, the extent of the impact remains to be seen

Budget 2023 promises to train students, teachers for the job market

FM announced establishment of 30 Skill India International Centres across different states, launch of a unified Skill India Digital platform for enabling demand driven formal skilling

Union Budget to give a boost to exports, manufacturing in country: Govt

Custom duty on imitation jewellery has been enhanced from 20 per cent to 25 per cent. This will discourage cheap imports from China and encourage domestic manufacturing

RC Bhargava to Sanjiv Puri: BS jury welcomes focus on digital infra, growth

Private sector investments will be further facilitated by continued emphasis on infrastructure development and a higher provision for capital expenditure, said R C Bhargava, Chairman, Maruti Suzuki

Budget aims to fix 'nuts and bolts' of state machinery

The government clearly wants everyone to file income tax returns so that the people with unaccounted wealth do not use the low income individual as a shield for their unaccounted wealth

Push for new income-tax regime: Pain points & what's on offer in Budget

India's taxation rates had been higher than others like the US or Brazil, though lower than other peers

We are in the midst of capex 'mahotsav'

The finance minister has once again done a stellar job of supporting growth whilst maintaining fiscal pragmatism

Blueprint for New India: Here are 15 takeaways from the Budget 2023-24

The Budget is a blueprint and strong foundation for a New India; takes a long-term view of the economy

From capex outlay to tax slab rejig, seven big wins from the Budget

The government's focus on ease of doing business and the expanded corpus for the credit guarantee scheme will mean MSMEs have a lot to gain from this Budget

Budget: Energy transition gets fund boost, green growth key economic driver

The Centre has entrusted the oil ministry, which naturally has the highest fossil-fuel footprint, to steer the energy transition of the country

Budget 2023-24: Customs duty rejig to boost domestic manufacturing

As many as 14 items have seen a jump in import duty to tackle the issue of cheap quality imports of items such as toys