Old tax system remains unchanged
Tax concessions extended till 2030; sops for relocation of MFs, ETFs, boost ODI issuance
Capex worries weigh on infra firms
The real estate indices were up 3-4% as gains on personal taxation front coupled with measures related to affordable housing, stuck projects and relaxations in TDS limits found favour with investors
Except in FY18 and FY19, receipts from disinvestment have remained well below the Budget targets
The revised estimates for FY25 place revenue from telecom (under the head 'other communications services') marginally higher at Rs 1.23 trillion against the originally-expected Rs 1.20 trillion
Investments in unlisted debentures to be treated as long-term capital gains
The government had set a Budget Estimate (BE) for capex at Rs 11.11 trillion for FY25, against which it is expected to miss the target by Rs 93,000 crore
Annual limit of Rs 2.4 lakh for TDS on rent increased to Rs 6 lakh
Among other measures, the Budget has announced a scheme to make India a global hub for toys by focusing on cluster development
PepsiCo India & South Asia Chief Executive Officer Jagrut Kotecha said Union Budget 2025 is focused on an income-led economic revival that will provide relief to the middle-income group
India Cellular and Electronics Association Chairman Pankaj Mohindroo said that the removal of 2.5 per cent duty on mobile parts was a "nuisance" tariff which was not doing any value addition
Digital healthcare gets a major push, with broadband connectivity planned for all primary healthcare centres (PHCs) and rural schools
The 82-km Regional Rapid Transit System (RRTS) corridor originates at Sarai Kale Khan in New Delhi and terminates at Modipuram in Meerut
Nasscom President Rajesh Nambiar said the government's focus on innovation and improving ease of doing businesses reinforces its commitment of making India a global leader
The budget inserted a new clause in Central GST law to provide for a definition of Unique Identification Marking for the implementation of Track and Trace Mechanism
As expected, the Revised Estimate of the fiscal deficit for the current financial year was pegged at 4.8 per cent of the gross domestic product (GDP)
Sitharaman announces shipbreaking credit note scheme, Maritime Development Fund
The government has allocated Rs 96,777 crore to the HUA ministry for the next fiscal as against Rs 82,576 crore in Budget 2024-25
The Budget announced a new Fund of Funds (FoF) with an expanded scope of Rs 10,000 crore