In her budget speech, Union Finance Minister Nirmala Sitharaman made a slew of announcements on segments like taxes, infrastructure and nuclear energy, among others
The budget allocation for the textile sector saw a steep increase from the FY24-25 revised figure of Rs 3,342 crore to Rs 5,252 crore
In 2023-24, the allocation for MGNREGS was Rs 60,000 crore, but additional funds were provided and the actual expenditure stood at Rs 89,153.71 crore
The announcement to promote medical tourism through private sector partnerships will enhance the capacity to attract global patients to position India as the go-to destination for healthcare facility
Given the importance of logistics, mobility and tourism for the economy, the government has further announced 120 new destinations under the UDAN scheme and 50 new tourist destinations
The National Medicinal Plants Board has been allocated Rs 18.59 crore while the Pharmacopoeia Commission for Indian Medicine and Homoeopathy (PCIM&H) has been allocated Rs 21.96 cr.
It will weed out fraudulent borrowers and self-help group members, they say
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
The Budget's agricultural roadmap, centered around making the sector a primary growth engine, has drawn positive responses for its focus on reducing import dependencies
Auto industry body SIAM noted that the government is focused on long-term sustained economic growth
Under the 'Model Prisons and Correctional Services Act' 2023, State Legal Services Authorities have established Legal Service Clinics in jails to provide free legal assistance to persons in need
The allocation is considered significant in the wake of Union Home Minister Amit Shah's repeated statements that the Narendra Modi government has resolved to end Naxalism in the country by March 2026
Smart planning can help individuals maximise benefits and achieve long-term financial goals, say experts
Securities sales to attract capital gains tax, not business income tax
Assocham President Nayar said that pick up in consumption demand would, in turn, encourage investment as well in the medium term
The industry, on the basis of the current duty rates, estimates that the illicit trade results in an annual revenue loss of Rs 21,000 crore to the government
The period for filing updated returns, ITR-U, has been extended from 2 years to 4 years from the end of the relevant assessment year
The Union Budget for 2025-2026 was 'biased' in completely ignoring Tamil Nadu and betrayed the expectation of the people, Chief Minister M K Stalin said on Saturday.
The fund allocation is for salaries and allowances of the president, the expenditure on the household establishment of the president, including staff salaries, discretionary grants
The upcoming Income Tax Bill further promises to be clearer, reducing the number of chapters in the current law by half, which could lead to greater certainty and reduced litigation