Page 17 - Budget 2026 News

No immediate upgrade of India's sovereign rating: Moody's after Budget 2025

While India is making strides toward fiscal discipline and inflation control, Moody's maintains that for a rating upgrade, a substantial reduction in the debt burden is essential

Budget 2025: Govt ups allocation for electronics PLIs, semicon, AI by 84%

The allocation for semiconductor projects has been more than doubled to Rs 2,499.96 crore for 2025-26 from Rs 1,200 crore revised allocation for the current fiscal

Budget 2025: Tax relief, policy push to boost electric two-wheeler demand

The Budget also placed a strong emphasis on the gig economy, a sector that plays a crucial role in last-mile deliveries using electric two-wheelers

Union Budget allocates Rs 1,024 cr for expenditure, salaries of ministers

The National Security Council Secretariat has been allocated Rs 182.75 crore, against Rs 270.08 crore allotted in 2024-25

Educators welcome govt's focus on AI to create future ready talent

Educators on Saturday welcomed the government's proposals to boost Artificial Intelligence (AI) focused education and create a strong talent base in the Union Budget 2025-26.

Budget 2025: Industry lauds move to cut duty on platinum jewellery parts

Gem and Jewellery Export Promotion Council (GJEPC) chairman Vipul Shah said the council welcomes the proposal of creating new tariff items in Chapter 71

Phase-3 of ambitious e-Courts project gets Rs 1,500 crore in Budget 2025

As part of the National e-Governance Plan, the e-Courts project is under implementation since 2007 for ICT enablement of the Indian judiciary

Export Promotion Mission to help promote shipments, says Piyush Goyal

Commerce and Industry Minister Piyush Goyal on Saturday said issues which could be part of the mission include ways to extend credit to the exporting community at affordable rates

Budget 2025: Maldives gets more aid from India, but what about Bangladesh?

Union Budget 2025: India's foreign aid drops to Rs 5,483 crore in Budget 2025; Maldives sees a hike to Rs 600 crore, Afghanistan's aid doubles, while Myanmar faces a cut amid ongoing internal turmoil

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

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

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

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

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

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

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

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

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

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"

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