AI is no longer a futuristic concept - it is an economic multiplier
Credit limit on KCC raised to Rs 5 lakh; farm Budget at Rs 1.71 trn, 22% more than FY25RE
"The partnerships will cover curriculum design, training of trainers, a skills certification framework, and periodic reviews," Sitharaman said
Changes positive for industry, clarify experts; growing appeal of new tax regime may act as headwind for sector
The Budget proposed setting up a high-level committee for regulatory reforms to review all non-financial sector regulations, certifications, licences, and permissions
The reduction in TDS rates and rationalisation of TCS provisions are welcome steps
Taxpayers can now file updated returns for four years instead of the previous two
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