Page 37 - Budget 2026 News

'Internship scheme a complicated solution to a complicated issue': Fin secy

At 'Budget with BS: The Fine Print,' Finance Secretary TV Somanathan said companies costs for interns will be funded through their CSR budgets

'Can only provide fiscal incentives': Fin secy on govt's role in employment

At 'Budget with BS: The Fine Print,' Finance Secretary TV Somanathan said fiscal incentives are the central government's responsibility, while skilling and education primarily fall under state govt

As Assembly polls loom in 4 states, PM faces middle class' ire over Budget

Regional votes are also important because they determine a party or alliance's strength in the upper house of parliament

Union Budget 2024-25, J&K Budget passed in Lok Sabha by voice vote

The Union Budget and Budget for J&K was passed by a voice vote by the Lok Sabha as well as relevant appropriation bills were also passed by the House

Reduction of corporate tax in Budget will promote India-US trade: Ex-CEA

Professor Krishnamurthy Subramanian said that the removal of Angel Tax would be significant for India's startup ecosystem and encourage investments from outside

How Modi govt's recently announced tax plan is squeezing the middle class

Trading in stocks and options, which has become a national craze since the pandemic, will now be taxed more strictly. That wasn't entirely unexpected

Budget Frontlines: Over a million-strong CAPF, the Centre's invisible army

Central armed police forces provide the government an option before the Army's deployment. They are not paramilitary, but armed police forces, activated in crises

FM Nirmala Sitharaman to review RRBs' performance after Budget session

The RRBs were established in 1975 under the provisions of the Ordinance promulgated on September 26, 1975, and the Regional Rural Banks Act, 1976

Rahul Gandhi slams Union Budget 2024, says BJP betrayed middle class

In his 40-minute speech in the Lok Sabha, Gandhi spoke of the atmosphere of fear in the country, which, he alleged, also pervaded the Bharatiya Janata Party (BJP)

K'taka CM accuses Sitharaman of lying, says BJP tainting state as corrupt

Chief Minister Siddaramaiah targeted BJP-led NDA government at the Centre for meting out 'injustice" to Karnataka in the recent Union Budget

Govt considers reintroducing 15% concessional corporate tax in FY26 Budget

The Centre has set up an internal committee to evaluate the benefits of the 15% concessional tax rate scheme for new domestic manufacturing units, introduced in FY20

Meity receives lion's share of PLI scheme and semiconductor outlay

The good news is that the automotive sector, which provides incentives for electric vehicles and components, is finally taking off

With no angel tax, startups and investors hope for better funding scenario

While the abolition of the angel tax is a big win for startups and their investors, the ecosystem is not out of the woods yet

MSMEs get a helping hand in Budget but challenges in financing remain

According to CRISIL Ratings' bi-annual 'MSME Report' (June 2023), the debt need of the sector is more than Rs 100 trillion. Of this, 70% is for working capital requirements alone

Cong slams govt for double standards in giving funds to flood-hit states

This is nothing but revenge on the people who did not vote for the BJP in assembly elections, Ramesh said

Hike in capital gains taxes won't adversely impact market sentiment: Goyal

The Commerce minister termed the criticisms against the hike in capital gains tax and securities transaction tax in derivatives trading as fear-mongering

Rs 10,351.82 cr to Himachal in Budget will immensely help state: Malhotra

Addressing a press conference to explain the provisions of the Union Budget, he said they will give impetus to horticulture, construction of roads and tunnels besides increasing the Mudra loan

Budget 2024: Minister Meghwal says Oppn trying to create false narrative

Hitting back at the opposition, the Union minister of law and justice said, A strong foundation has been laid in the Union Budget for 'Viksit Bharat-2047'

State name missing in Budget doesn't mean funds not allocated: MoS Murugan

Absence of name of a state in Union Budget does not mean no funds were allocated to it, Uttar Pradesh was not mentioned, Rajasthan was not mentioned, even Madhya Pradesh was not mentioned, he added

Financial bids for IDBI Bank by FY25-end: DIPAM Secy Tuhin Kanta Pandey

He said that the government is more for a calibrated strategy rather than setting a big-bang target