Page 29 - Budget 2026 News

Budget 2025: Hospitality sector seeks infra status, tax rates reforms

Finance Minister Nirmala Sitharaman while presenting the Union budget 2023-2024, said at least 50 destinations will be selected and developed as a complete package of tourism

Dy CM DK Shivakumar urges Sitharaman to fund Bengaluru infra projects

This initiative, he said, will connect several large lakes in Bengaluru, which have existed for centuries and are all interconnected through SWDs, popularly known as Raja Kaluves

FM participates in halwa ceremony, marking final stage of Budget 2025 prep

Sitharaman is going to present Budget 2025-26, the eighth straight budget in a row, on the backdrop of GDP growth moderating to 6.4 per cent in the financial year as against 8.2 per cent recorded

Union Budget 2025-26: Here're key challenges in renewable energy sector

Tariffs for battery energy storage systems tenders reduced this year; however, the dependency remains on imports for cells

Budget 2025: Insurers seek tax benefits, concessions for healthcare

Chugh also made a case for the introduction of a separate tax deduction for term insurance and extending the tax deduction on life insurance premiums under the new tax regime

Union Budget 2025 Expectations highlights: Halwa ceremony to be held today in North Block

Union Budget 2025 Latest Updates: Catch all the latest developments related to Union Budget 2025 here

Crop protection industry seeks tax cuts, R&D incentives in Union Budget

Industry body also demanded a 200 per cent weighted deduction on research and development (R&D) expenses for agrochemical companies

What products and services may see their prices change in Budget 2025?

The Finance Minister is expected to prioritise economic growth, domestic manufacturing, and offer relief to consumers in the upcoming budget to address inflation, fiscal consolidation, and job creatio

Budget 2025-26: MSME ministry pitches for higher Mudra loan limits

In the proposal sent to the finance ministry, the MSME ministry has suggested raising the Shishu category limit to Rs 5 lakh and the Kishore category to Rs 10 lakh

Budget 2025-26: Invest in AI education, upskilling, private sector ties

An AI regulation gives comfort around privacy, permissible purpose, ethical and secure AI, said Rajnil Mallik, Partner & Gen AI GTM Leader, PwC India

Union Budget 2025-26: Customs duty hike likely on key pharma, RE products

Key components in the renewable energy industry such as special bearings, gearboxes, yaw components, wind turbine controllers are currently subjected to a concessional customs duty of 5 per cent

Budget 2025-26: Banks expect steps for deposit mobilisation, tax breaks

Tax incentives will help sector as loan growth slows down, say experts

Bond market expects net borrowing of Rs 11 trillion in Union Budget 2025

Gross issuance may increase slightly due to large bond maturity, but is likely to stay within the range seen the past few years as the govt focuses keeping a lid on fiscal deficit

Unemployment rising on govt's wrong policies, Budget must give relief: Cong

Jairam Ramesh shared a media report on X which claimed that "back-breaking inflation in the last 10 years has emptied the pockets of the common people"

Industries across fields expect host of measures in Budget to propel growth

The industry is hopeful that the government will announce a slew of measures to boost consumption by ensuring more money in the hands of people, boosting capital expenditure

Budget 2025: Govt may raise farm allocation by over 15% to $20 billion

The additional cash would be directed to developing high-yielding seed varieties, increasing storage and supply infrastructure, and boosting production of pulse crops, oilseeds, vegetables, and dairy

Union Budget 2025 Expectations highlights: Automotive sector calls for tax rebates, AI push

Union Budget 2025 Latest Updates: Catch all the latest developments related to Union Budget 2025 here

Budget 2025: Why scrapping home loan tax benefits could hurt the common man

The socio-economic implications of scrapping the old tax regime for India's real estate sector - currently valued at $493 billion and contributing 7.3 per cent to GDP - deserve careful scrutiny

Budget must give tax cuts for individuals to boost consumption: Barclays

Barclays expects Finance Minister Nirmala Sitharaman to announce changes to the new tax regime, making it lucrative for more and more taxpayers

NDA 3.0 must use political capital for structural reforms: D Subbarao

The Union Budget for 2025-26, to be presented by Finance Minister Nirmala Sitharaman on February 1, comes amid global economic uncertainties and moderating domestic growth