Given the focus on social sector schemes, the state is planning market borrowing of over Rs 81,972 crore in 2025-26, projecting the total outstanding debt to go up to Rs 7,71,670 crore
Minister MoS (Independent) Chandrima Bhattacharya said the government is committed to enhancing ecological stability by increasing forest and tree cover and conserving wildlife
Chadha noted that reports indicate a decline in the spending capacity and consumption of the middle class
The SP chief also said that the budget does not reflect a roadmap to making the country a developed nation
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The decision by India's central bank on Friday to reduce its key rate for the first time in five years comes less than a week after Modi's government unveiled historic tax cuts in its federal budget
Addressing a press conference to highlight various provisions made in the recently-presented Union Budget, he said the budget will make India self-reliant and aims to establish it as a 'Vishwaguru'
On the monetary side, the Reserve Bank on Friday slashed the policy rate by 25 basis points, the first rate cut in five years to support growth
Malhotra, a career bureaucrat who took over as the Governor of RBI in Dec, said that Rs 1 trn of tax relief given to middle class to spur consumption will not have any major impact on inflation
Pointing to the BJP legislator Nainar Nagendran, Stalin said he should not get offended if he (CM) faulted the Centre on fund allocation
PM Modi, in Rajya Sabha, slams Congress for prioritising family over nation, criticises its appeasement politics, and highlights his government's focus on development and OBC rights
A rebate applies after tax is calculated, reducing the final amount payable, much like a discount
The Union Budget 2025 brings notable tax relief, particularly for middle-income earners
The government has reduced its borrowings estimate for next financial year to Rs 11.54 trillion on net basis as it expects an improvement in tax collection
Fitch Ratings said that the budget will be broadly neutral for growth and continued to project real GDP expansion of 6.4 per cent in FY25 and 6.5 per cent in FY26
92 pc of CEOs say consumption would get a boost with tax exemptions
Modi takes 'urban naxal' jibe at Rahul, hits out at AAP a day before Delhi polls
The Secretary said the economy would reap a lot more benefits with monetary easing and keeping inflation under control
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