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Page 16 - Budget 2026 News

UK businesses 'encouraged' by Budget focus on growth, trust-based approach

The FDI limit in insurance is now 100 per cent, as long as companies reinvest the full premium in India. This is a major boost for global players looking to expand, said IGF Founder Manoj Ladwa

UK businesses 'encouraged' by Budget focus on growth, trust-based approach
Updated On : 01 Feb 2025 | 5:33 PM IST

Karnataka industry leaders back Union Budget, praise tax relief measures

The budget favours the middle class by giving tax exemptions for income up to Rs 12 lakh a year. MSME, agriculture and manufacturing sector get importance

Karnataka industry leaders back Union Budget, praise tax relief measures
Updated On : 01 Feb 2025 | 5:29 PM IST

Here's how income tax rate tweaks will boost middle class spending

India's economic growth is expected to slow to a four-year low this fiscal year due to weak demand, particularly in urban areas where the cost of living has soared

Here's how income tax rate tweaks will boost middle class spending
Updated On : 01 Feb 2025 | 5:21 PM IST

Fiscally prudent, reforms-driven Budget paves way for future growth

The focus on uplifting 17 million farmers in 100 weakest farming districts is a step towards ensuring equitable development across the country

Fiscally prudent, reforms-driven Budget paves way for future growth
Updated On : 01 Feb 2025 | 5:19 PM IST

Census, NPR unlikely in 2025 too as only Rs 574 crore allocated in Budget

The Budget 2025-26 allocated Rs 574.80 crore for Census, a significant reduction from the Budget 2021-22 when Rs 3,768 crore was allocated

Census, NPR unlikely in 2025 too as only Rs 574 crore allocated in Budget
Updated On : 01 Feb 2025 | 5:18 PM IST

Coal minister calls budget 'empowering for farmers, women, entrepreneurs'

The budget introduced major economic reforms that will enhance 'Ease of Doing Business', expand access to finance for MSMEs, startups, and entrepreneurs, and foster a strong investment environment

Coal minister calls budget 'empowering for farmers, women, entrepreneurs'
Updated On : 01 Feb 2025 | 5:17 PM IST

Budget allocates Rs 74,226 crore for drinking water and sanitation

The allocation marked a substantial rise from the revised estimates of Rs 29,916 crore for 2024-25 for the department

Budget allocates Rs 74,226 crore for drinking water and sanitation
Updated On : 01 Feb 2025 | 5:11 PM IST

Fixed depositors - your TDS limit hiked to Rs 50,000, Rs 1 lakh for seniors

The limit will rise from the current Rs 40,000 to Rs 50,000 per financial year starting April 1, 2025

Fixed depositors - your TDS limit hiked to Rs 50,000, Rs 1 lakh for seniors
Updated On : 01 Feb 2025 | 5:10 PM IST

Budget 2025: Home ministry allocated Rs 2.33 trn, census funding reduced

Union Finance Minister Nirmala Sitharaman has allocated Rs 41,000.07 crore to Jammu and Kashmir, which became a union territory after the abrogation of Article 370 in August 2019

Budget 2025: Home ministry allocated Rs 2.33 trn, census funding reduced
Updated On : 01 Feb 2025 | 5:07 PM IST

A walkout in the midst of a 'colourful' Budget, but the mood stayed bright

The Treasury Benches erupted with joy when the restructuring in income-tax slabs was announced, breaking spontaneously into chants of "Modi, Modi"

A walkout in the midst of a 'colourful' Budget, but the mood stayed bright
Updated On : 01 Feb 2025 | 5:06 PM IST

Chhattisgarh CM hails Union Budget as 'historic for middle class, farmers'

Sai said revolutionary decisions have been taken in the health sector too, including setting up 200 day care cancer centres across the country and exempting 36 life-saving drugs from tax

Chhattisgarh CM hails Union Budget as 'historic for middle class, farmers'
Updated On : 01 Feb 2025 | 5:05 PM IST

Budget 2025 highlights path towards Rs 10-trillion 'Viksit Bharat' economy

Budget 2025 Highlights: This budget is an excellent Budget, addressing the current challenges and also the upcoming opportunities

Budget 2025 highlights path towards Rs 10-trillion 'Viksit Bharat' economy
Updated On : 01 Feb 2025 | 4:56 PM IST

Union Budget announcements like sixer on full toss ball: PHDCCI President

Union Finance Minister Nirmala Sitharaman tabled record eighth Union Budget in Lok Sabha on Saturday

Union Budget announcements like sixer on full toss ball: PHDCCI President
Updated On : 01 Feb 2025 | 4:56 PM IST

Govt marginally expands Budget for social justice, disability welfare

This is a 35.75 per cent rise in allocation over the revised estimate for the Department of Social Justice and Empowerment in 2024-25, which stood at Rs 10,026.40 crore

Govt marginally expands Budget for social justice, disability welfare
Updated On : 01 Feb 2025 | 4:56 PM IST

Winners, losers across sectors from Union Budget: Stock market reactions

The Indian government said people earning up to 1.28 million rupees ($14,791.53) per year will not have to pay any taxes, raising its threshold from 700,000 rupees

Winners, losers across sectors from Union Budget: Stock market reactions
Updated On : 01 Feb 2025 | 4:56 PM IST

'No cut in capital expenditure': Nirmala Sitharaman post-Budget 2025

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

'No cut in capital expenditure': Nirmala Sitharaman post-Budget 2025
Updated On : 01 Feb 2025 | 4:54 PM IST

Govt projects dividend income of Rs 2.56 trn from RBI, PSBs in FY26

In current financial year, receipts from dividend/surplus of RBI, nationalised banks and financial institutions are estimated at Rs 2.34 trillion, about Rs 1,410 crore higher than previous estimates

Govt projects dividend income of Rs 2.56 trn from RBI, PSBs in FY26
Updated On : 01 Feb 2025 | 4:53 PM IST

Budget 2025 recognises influence of gig workers, says artist Paresh Maity

Says the budget is forward looking and will definitely make India the third largest economy by 2030

Budget 2025 recognises influence of gig workers, says artist Paresh Maity
Updated On : 01 Feb 2025 | 4:47 PM IST

Budget: Law min gets Rs 14k cr for carry forward spending on LS polls, EVMs

The legislative department in the law ministry is the nodal agency for the Election Commission (EC), polls, electoral laws and appointment of members to the poll panel

Budget: Law min gets Rs 14k cr for carry forward spending on LS polls, EVMs
Updated On : 01 Feb 2025 | 4:47 PM IST

Budget 2025: Centre boosts Tribal ministry funding by 45%, focus on infra

Under PMAAGY, funds are provided to states and union territories with Scheduled Tribe (ST) populations to improve education, healthcare, agriculture, skill development and employment opportunities

Budget 2025: Centre boosts Tribal ministry funding by 45%, focus on infra
Updated On : 01 Feb 2025 | 4:43 PM IST