PM Modi's remark comes a day before Delhi Assembly elections, where the BJP is the main challenger to the ruling AAP
The Maritime Development Fund announced by the FM will have a corpus of Rs 25,000 cr; besides, tax breaks and easier infra credit access to shipbuilders aim to reinvigorate the shipbuilding industry
These schemes are being formulated under the export promotion mission, announced in the Union Budget for 2025-26
Based on inputs from the pilot project, government is likely to introduce some tweaks to the programme to make it more viable for applicants and industry, besides raising awareness about the scheme
Given the transformative effect the two schemes have had on infant mortality and other health indicators, government has decided to keep the momentum going with similar levels of Budgetary allocations
According to Vaishnaw, when a comparison is drawn with 2009-2014, the average budgetary allocation for the next financial year 2025-26 is 27 times higher for Delhi, and 23 times for MP among others
The panel in its report has also mentioned that India's budgetary allocation under the sub-head 'Aid to Bangladesh' came down from Rs 200 crore in BE 2023-24 to Rs 120 crore in BE 2024-25
The revision, which will be effective from April 1, 2025, is expected to boost travel and foreign exchange segments, provide additional benefits to students, and improve tax compliance
Transfer pricing refers to the actual price charged in transactions between related entities within the same multinational firm
Nageswaran says Budget gave a nudge to pvt sector investments
Policy incentives aimed at encouraging recycling, and the use of sustainable raw materials would further strengthen the Paper Industry's commitment to a circular economy
Petroleum Ministry gets funding to explore sedimentary basins for hydrocarbons
Finance Minister Nirmala Sitharaman presented the Budget 2025-2026 on February 1
Union Finance Minister Nirmala Sitharaman presented her record eighth straight Union Budget in the Lok Sabha on Saturday
Drawing from his experience in implementing reforms in Andhra Pradesh, he predicted the state would play a pivotal role in national development
The 2025 Union Budget marks a significant step forward in strengthening India's R&D ecosystem, Shirshendu Mukherjee, Managing Director, Wadhwani Innovation Network, said
Budget 2025 Highlights: The budget's emphasis on consumption-oriented measures, coupled with a relatively modest increase in capital expenditure allocation, signals a shift in focus
The Budget proposes revised slabs and rates, which Sitharaman said would reduce the tax burden on the middle class, allowing for greater disposable income
To facilitate credit accessibility, Union Finance Minister Nirmala Sitharaman introduced a customised credit card scheme for micro enterprises registered on the Udyam portal
Budget 2025 Highlights: The Budget is likely to be positive for sectors like FMCG, Auto, consumer durables, EVs, Battery, Travel and Retail