Page 45 - Budget 2026 News

Budget at a glance: Here're the key numbers from Union Budget 2024

This is Nirmala Sitharaman's seventh consecutive presentation

Union Budget 2024: Govt slashes food, fertiliser, and fuel subsidy bill

Budget Estimate for food subsidy pegged at Rs 2.05 trillion, 3.34% lower than Revised Estimate for FY24

Budget assurance: Millions of jobs will be generated, says PM Modi

Modi spoke of the Budget's focus on supporting small businesses and MSMEs, which he said were run by the middle classes and provided the maximum job opportunities to the poor

Budget focuses on review of agri research setup, new phase of rural roads

The shrimp sector gets big leg with duty cuts and new breeding centers

Budget 2024: Surge in working days; more people engaged in agriculture

Boost to rural infra and National Cooperation Policy to help fast-track rural growth

Union Budget 2024: India scraps customs duty on 25 critical minerals

The finance minister added, "I propose to fully exempt customs duties on 25 critical minerals and reduce BCD on two of them"

Budget 2024: Tax burden on share buybacks shifted to shareholders

Finance Minister proposes to tax income received on buybacks of shares in the hands of recipient

Union Budget 2024: Urban consumption growth in Q1 lags behind rural areas

Lower taxes and levies on mobile phones and associated products such as chargers to help bring down prices

Union Budget 2024-25: No major shift in defence sector's allocation

Current defence allocation's impact on overall spending still unclear

Budget 2024: MeitY's budget outlay jumps 52% to Rs 21,936 crore for FY25

MeitY runs multiple incentive schemes and programmes in areas such as semiconductor manufacturing and design, electronics manufacturing, and the India AI Mission, among others

Union Budget 2024-25: Govt abolishes angel tax on startup funding

Capital gains tax rates between listed, unlisted equity aligned

Angel tax abolition significant milestone, will boost startups: IT Minister

It is a "very good decision" and has been the biggest demand of deep tech startups, Vaishnaw said, adding that the move will spur investment in startups

Govt brings listed equity & units of REITs, InvITs at par to calculate LTCG

According to the Union Budget document, the government has reduced the holding period for determining long-term capital gains for business trusts from 36 months to 12 months

Budget allocation to Delhi stagnates at Rs 1,168 cr; Atishi slams Centre

In the 2022-23 budget, Delhi was allocated Rs 960 crore. The amount was increased to Rs 1,168.01 crore in 2023-24 and it remains the same for 2024-25

CII T'gana, FTCCI welcome Budget, term it growth oriented, progressive

CII Telangana Chairman and Executive Director, Bharat Biotech International Prasad said focus on MSMEs is extensive and Budget for 2024-25 provides detailed strategy for each segment of society

Budget 2024: Karnataka CM says FM has done injustice to people of state

Noting that in pre-budget discussion that was attended by Revenue Minister Krishna Byre Gowda on his behalf, the state had made certain requests and none of them have been met, Siddaramaiah said

Monumental stride in positioning India as logistics powerhouse: Industry

"The Union Budget is a monumental stride towards positioning India as a global logistics powerhouse," Gregory Goba Ble, UPS Managing Director in India, said

Bihar, Andhra take centre stage: Coalition, poll maths come to the fore

Sitharaman promised the Centre's assistance in financing and early completion of the Polavaram Irrigation Project in Andhra Pradesh

Budget 2024: India to enable VCC structures like Singapore, Mauritius

Industry officials believe that the adoption of the VCC framework has helped Singapore become the hub for international fund management, and a similar move for India will be beneficial

Budget proposes to simplify norms pertaining to FDI, overseas investments

FM says 'not disowning' Economic Survey's suggestion that India should attract more FDI from China