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Page 9 - Budget 2026 News

Budget is by the people, for the people, says FM Nirmala Sitharaman

The finance minister said the prime minister meets and listens to the voice of people from different sectors and industry leaders and responds to their needs

Budget is by the people, for the people, says FM Nirmala Sitharaman
Updated On : 02 Feb 2025 | 5:22 PM IST

Budget a watershed moment in India's clean energy transition: Experts

The landmark Rs 20,000 crore investment in private-sector R&D for emerging technologies signals a transformative shift in building a sustainable critical minerals ecosystem, Verma said

Budget a watershed moment in India's clean energy transition: Experts
Updated On : 02 Feb 2025 | 5:08 PM IST

Budget: Allocation for export promotion schemes dips 17% to Rs 2,250 cr

Further to this announcement, the Pradhan Mantri Cha Shramik Protsahan Yojana (PMCSPY) has been finalized and approved for the implementation in 2024-25 and 2025-26

Budget: Allocation for export promotion schemes dips 17% to Rs 2,250 cr
Updated On : 02 Feb 2025 | 4:29 PM IST

Budget 2025: Focused on fiscal discipline, growth, and tax relief

Overall, the government has taken a disciplined approach in this Budget, keeping long-term benefits in mind

Budget 2025: Focused on fiscal discipline, growth, and tax relief
Updated On : 02 Feb 2025 | 4:26 PM IST

I-T relief fuels consumption Budget: FM focuses on agri, MSMEs, exports

FM Sitharaman targets FY26 fiscal deficit at 4.4% of GDP

I-T relief fuels consumption Budget: FM focuses on agri, MSMEs, exports
Updated On : 02 Feb 2025 | 4:25 PM IST

Budget 2025-26: Lok Sabha gets Rs 903 crore, Rajya Sabha Rs 413 crore

For Lok Sabha, Rs 1.56 crore has been allocated for salaries and allowances of the Speaker and Deputy Speaker, and there is no separate provision for the office of the Leader of the Opposition

Budget 2025-26: Lok Sabha gets Rs 903 crore, Rajya Sabha Rs 413 crore
Updated On : 02 Feb 2025 | 4:13 PM IST

AI-powered Central KYC announced in Budget 2025: Here are key upgrades

The revamped Central KYC aims to simplify and standardise KYC procedures across the financial sector, ensuring greater security and efficiency

AI-powered Central KYC announced in Budget 2025: Here are key upgrades
Updated On : 02 Feb 2025 | 3:17 PM IST

Customs duty cuts in certain areas to benefit American exports: GTRI

Among the key tariff reductions, India lowered the duty on fish hydrolysate for the manufacturing of aquatic feed from 15 per cent to 5 per cent, a move that directly impacts US exports

Customs duty cuts in certain areas to benefit American exports: GTRI
Updated On : 02 Feb 2025 | 3:03 PM IST

Increased medical seats to help reduce students moving abroad: Experts

Union Finance Minister Nirmala Sitharaman announced on Saturday that the government plans to add 75,000 seats in medical colleges in the next five years

Increased medical seats to help reduce students moving abroad: Experts
Updated On : 02 Feb 2025 | 2:25 PM IST

Focus product scheme to boost exports by Rs 1.1 trn for leather sector: CLE

Council for Leather Exports (CLE) said the scheme will support design capacity, component manufacturing, and machinery required for the production of non-leather quality footwear

Focus product scheme to boost exports by Rs 1.1 trn for leather sector: CLE
Updated On : 02 Feb 2025 | 2:06 PM IST

Every budget presented by Modi govt is an election package: Sanjay Raut

Election is due in Bihar - Modi government's every budget is an election package, Raut added

Every budget presented by Modi govt is an election package: Sanjay Raut
Updated On : 02 Feb 2025 | 1:51 PM IST

Union Budget 2025: 9 out of 10 taxpayers will now pay zero income tax

In her post Budget press conference, Nirmala Sitharaman said that an additional one crore taxpayers will pay no tax post her announcement. Here's how

Union Budget 2025: 9 out of 10 taxpayers will now pay zero income tax
Updated On : 02 Feb 2025 | 1:45 PM IST

Modi govt keeps prioritising island communities: Lakshadweep Yuva Morcha

Yuva Morcha strongly believes that this is the beginning of a brighter future for Lakshadweep, and we stand united in supporting the government's push for reforms that promise lasting benefits for us

Modi govt keeps prioritising island communities: Lakshadweep Yuva Morcha
Updated On : 02 Feb 2025 | 1:24 PM IST

Budget 2025 FAQs: Key tax, insurance and investment changes explained

Budget 2025 brings key tax, insurance, and investment changes. From ULIP taxation to NPS benefits and Kisan Credit Card updates, here's a breakdown of FAQs to help you understand the new provisions

Budget 2025 FAQs: Key tax, insurance and investment changes explained
Updated On : 02 Feb 2025 | 12:36 PM IST

YSRCP slams Andhra CM for failing to secure state's share in Union Budget

YSRCP's Karthik attributed the failure to a lack of effective political leadership in the state, particularly from the TDP-Jana Sena coalition government and the BJP at the Centre

YSRCP slams Andhra CM for failing to secure state's share in Union Budget
Updated On : 02 Feb 2025 | 12:29 PM IST

Not only for Bihar but for India: Union Minister Manjhi defends Budget

'We are thankful that the Makhana Board has been formed, this is a very good budget as it provides benefits to all the sections of the society,' Manjhi added

Not only for Bihar but for India: Union Minister Manjhi defends Budget
Updated On : 02 Feb 2025 | 12:05 PM IST

Assam CM welcomes Union Budget 2025, hails tax relief for middle class

CM Sarma expressed gratitude for the income tax exemption for individuals earning up to Rs 12 lakh annually, calling it a 'huge relief'

Assam CM welcomes Union Budget 2025, hails tax relief for middle class
Updated On : 02 Feb 2025 | 12:01 PM IST

Here's why after slashing taxes, India must now cut stifling red tape

Sitharaman has heeded the counsel of her advisers and announced a high-level committee for a review of all non-financial sector regulations, certifications, licenses, and permissions

Here's why after slashing taxes, India must now cut stifling red tape
Updated On : 02 Feb 2025 | 11:18 AM IST

'Bihar bias, ignored key sectors': P Chidambaram slams Union Budget 2025

Former Finance Minister P Chidambaram accused the government of favouring taxpayers and voters in Bihar in Union Budget 2025

'Bihar bias, ignored key sectors': P Chidambaram slams Union Budget 2025
Updated On : 02 Feb 2025 | 10:02 AM IST

Economic reforms must to strengthen commercial ties: USIBC welcomes Budget

Ambassador Atul Keshap further urged India to push for much more ambitious reforms in taxation, regulatory frameworks, and business procedures to enhance the country's global competitiveness

Economic reforms must to strengthen commercial ties: USIBC welcomes Budget
Updated On : 02 Feb 2025 | 7:31 AM IST