The focus on promoting medical tourism under the "Heal in India" initiative is a noteworthy development to position the country as a global destination for medical care
For India to grow rapidly it needs to create more jobs and opportunities for the youth
A new scheme will support 500,000 women, SC, and ST first-time entrepreneurs with term loans of up to Rs 2 crore during the next five years
Work on 100 Amrit Bharat, 17500 general coaches, 200 Vande Bharat trains to start
Punjab farmer leaders on Saturday said the Union Budget was "disappointing" for the farming community as it did not give a legal guarantee on minimum support price for crops. Union Finance Minister Nirmala Sitharaman on Saturday presented her eighth budget in Parliament in Delhi. Sitharaman announced six new agricultural schemes while increasing the subsidised Kisan Credit Card loan limit to Rs 5 lakh from the existing Rs 3 lakh, which will impact 7.7 crore farmers, fishermen and dairy farmers. Farmer leader Abhimanyu Kohar said raising the credit card loan limit will increase the debt burden further on farmers. The agrarian crisis will not be resolved by making farmers more indebted but by making farmers self-reliant by legally guaranteeing MSP on crops by passing a law. Protesting farmers have been demanding a law that legally assures the sale of farm produce at least at the MSP. Kohar said the Budget failed to live up to the expectations of the farming community. He said the ...
AI is no longer a futuristic concept - it is an economic multiplier
Credit limit on KCC raised to Rs 5 lakh; farm Budget at Rs 1.71 trn, 22% more than FY25RE
Health coverage for 10 million gig workers, new centres of excellence, more seats at IITs, medical colleges among key measures
Changes positive for industry, clarify experts; growing appeal of new tax regime may act as headwind for sector
The domains include regulatory reforms, the power sector, urban development, mining, the financial sector, and taxation
The reduction in TDS rates and rationalisation of TCS provisions are welcome steps
Taxpayers can now file updated returns for four years instead of the previous two
Old tax system remains unchanged
Tax concessions extended till 2030; sops for relocation of MFs, ETFs, boost ODI issuance
Capex worries weigh on infra firms
The real estate indices were up 3-4% as gains on personal taxation front coupled with measures related to affordable housing, stuck projects and relaxations in TDS limits found favour with investors
Except in FY18 and FY19, receipts from disinvestment have remained well below the Budget targets
The non-tax revenue collection from the telecom sector has been pegged 33 per cent lower at Rs 82,443 crore for the coming fiscal, according to the Budget documents, which also placed the revised FY25 realisations a tad higher than originally expected at the beginning of the fiscal. The revised estimates for FY25 place revenue from telecom (under the head 'other communications services') marginally higher at Rs 1.23 lakh crore against the originally-expected 1.20 lakh crore. The estimates for FY26, however, have been set at Rs 82,442.84 crore, which is 33 per cent lower than FY25. Asked about the reason for estimates being pegged lower for FY26, Telecom Minister Jyotiraditya Scindia said the revenue from telecom that goes straight to the consolidated fund of India is mainly from two heads, the AGR dues and spectrum auctions. "In the last two years, we have auctioned a huge amount of spectrum, with 5G coming into play. And it's only when that spectrum gets saturated that you will se
Investments in unlisted debentures to be treated as long-term capital gains
Annual limit of Rs 2.4 lakh for TDS on rent increased to Rs 6 lakh