Page 20 - Latest Updates on Budget 2025-26

'Nothing for Bengal' in Union Budget , says TMC MP Abhishek Banerjee

Trinamool Congress leader Abhishek Banerjee on Saturday claimed that the Union Budget 2025-26 has "nothing" for West Bengal, alleging that the state continues to remain "deprived" under the BJP-led NDA rule at the Centre. Banerjee, the TMC national general secretary, who was talking to reporters in Delhi after the budget presentation in Parliament, said several announcements were made for Bihar as the assembly elections there are due later this year. Bihar remained in focus in the presentation of the Union Budget for the 2025-26 fiscal with Finance Minister Nirmala Sitharaman making several announcements for the state, including setting up of a makhana board, financial assistance for western Kosi canal and support for enhancing the capacity of IIT Patna. "There has been nothing for Bengal in the Union Budget. As in the past during the BJP's reign, there has not been enough allocation for the state in this budget. Our (TMC) MPs have been vocal and have sought a rise in the allocation

Budget 2025: How students benefit from lower TCS on foreign remittances

Union Budget 2025 revises TCS rates on foreign remittances, reducing the tax burden on students funding overseas education through loans or personal savings

Govt announces plans to strengthen climate resilience, energy transition

The government on Saturday announced new initiatives to strengthen climate resilience and energy transition in the Union Budget 2025-26, including National Manufacturing Mission, High Yielding Seeds Mission and Nuclear Energy Mission. However, some experts felt the Budget fell short of delivering the bold and comprehensive climate action India urgently needs. Presenting the Budget, Finance Minister Nirmala Sitharaman said the government will support domestic industries in making solar panels, EV batteries, wind turbines and electrolyzers while working towards producing 100 GW of nuclear energy by 2047. It will also invest in small modular nuclear reactors (SMRs) and develop better seeds to help farmers deal with droughts, pests and changing weather patterns. Sitharaman announced a National Manufacturing Mission to help small, medium and large industries grow under the 'Make in India' initiative. "Given our commitment to climate-friendly development, the mission will also support c

Household appliances shares rally on higher demand hopes; Blue Star up 15%

The Union Budget 2025-26 has exempted annual income up to Rs 12 lakh from income tax, boosting consumer spending and adding focus on urban consumption.

Union Budget 2025-26 is all about capex drive to consumption thrive

Budget 2025 Highlights: The biggest beneficiary sector for the budget would be consumptions sectors like Staples, QSRs, White goods and Discretionary like Hotels and tourism

Union Budget 2025-26: Fiscal deficit broadly in line with expectations

Revenue spending growth of 6.7 per cent is somewhat higher than our forecast

Budget 2025 extends tax benefits to NPS Vatsalya under section 80CCD(1B)

NPS Vatsalya is a retirement plan for minor children, allowing parents or guardians make investments on their behalf

'Punjab once again ignored,' says CM Mann reacting to Union Budget

Punjab Chief Minister Bhagwant Mann expressed disappointment over the Union Budget on Saturday, claiming that the border state has been "ignored" once again and not given anything. Describing it as an "election budget", the Aam Aadmi Party (AAP) leader said it only made announcements for Bihar. Union Finance Minister Nirmala Sitharaman presented her eighth budget in Parliament on Saturday. Reacting to the budget, Mann alleged that Punjab has once again been "ignored" in the budget presented by the Bharatiya Janata Party-led Centre. "The Union government has not given anything to the farmers and youngsters of Punjab," he said in a post on X. The chief minister criticised the Centre for not announcing a minimum support price (MSP) for crops or any package for the state's industry. "The Centre has neither given an MSP to farmers on their crops nor has the state been given any package for any industry. Punjab has not been given anything that can improve its economy and future," he ..

CLSA, UBS upbeat on Consumer Durables stocks post-Budget 2025; details here

Havells rallied as much as 6.53 per cent to hit an intraday high of Rs 1,669 per share, while Voltas zoomed 5.55 per cent to hit an intraday high of Rs 1,331

PM Modi hails Budget: Tax relief will provide big benefit to middle class

Budget 2025: Following the Budget presentation, Prime Minister Narendra Modi congratulated Finance Minister Nirmala Sitharaman and her team for presenting a 'people's Budget'

Nifty may target 24,300 post Budget; Trump tariff, RBI policy key triggers

Technical charts suggest the BSE Sensex can potentially surge to 80,600; while, the Nifty MidCap and SmallCap indices can rally up to 5 per cent from present levels.

Modi turns to India's middle class to revive growth in rough global year

The government said people earning up to Rs 12.8 lakh ($14,800) per year will not have to pay any taxes, raising its threshold from Rs 700,000

Tax bonanza: What Budget 2025 means for India's beleaguered middle-class

No tax on income up to ₹12 lakh, revised tax slabs, senior citizen benefits, and homeowner relief announced by FM Nirmala Sitharaman to ease the financial burden on the middle-class

WCD gets hiked allocation of Rs 26,889 crore in Union Budget 2025

The Union Budget 2025-26 has allocated Rs 26,889.69 crore to the Ministry of Women and Child Development (WCD), an increase from the revised estimate of Rs 23,182.98 crore in 2024-25. Of the entire outlay, one of the biggest allocations is for Saksham Anganwadi and POSHAN 2.0, which has received Rs 21,960 crore to combat malnutrition and strengthen early childhood care. The initiatives were allocated Rs 20,070.90 crore allocated in the revised estimates for 2024-25. The initiative, which also includes a Scheme for Adolescent Girls, has been restructured under three primary verticals nutrition support for children and adolescent girls, early childhood care and education, and Anganwadi infrastructure. Presenting her eighth consecutive budget, Sitharaman said Saksham Anganwadi and Poshan 2.0 programmes provide nutritional support to over 8 crore children, one crore pregnant and lactating women, and 20 lakh adolescent girls in aspirational districts and the northeast region. "The cos

Union Budget 2025: Sitharaman's key allocations and reforms across sectors

With a focus on healthcare, defence, agriculture, maritime, and education, the Budget aims to enhance infrastructure, boost self-reliance, and foster long-term growth

Union Budget 2025: Where does the rupee come from and where does it go?

Union Budget 2025: This Budget reflects a move towards fiscal consolidation, with lower reliance on borrowings and higher revenue from direct taxes

Those linking Budget to Bihar polls must back simultaneous polls: Chirag

BJP ally and Union minister Chirag Paswan on Saturday asked the opposition to support the bills proposing simultaneous elections to end the debate over Union Budgets allegedly favouring poll-bound states after Finance Minister Nirmala Sitharaman announced a host of development initiatives for Bihar. The Lok Janshakti Party (Ram Vilas) leader's jibe at the opposition came after some of its MPs linked the Bihar-centric announcements in the Union Budget to the assembly polls scheduled to be held in the eastern state later this year. The Union minister slammed the criticism, wondering why opposition parties are objecting to the development measures for Bihar. "In such a case they (opposition parties) should not fight the polls in Bihar. Bihar is also a part of this country and if it has got something, what is wrong with that? Announcements have been made to build IIT, greenfield airports, and food processing chains... All of this will be greatly beneficial for the youth of Bihar. What i

Budget for Viksit Bharat shows PM's resolve to fulfill dreams: Scindia

Additionally, Union Minister Jyotiraditya Scindia added that it is a composite budget that will take India forward

Amit Shah lauds Budget, says middle class always in PM Modi's heart

Union Home Minister Amit Shah on Saturday said the 2025-26 Union Budget 2025 is a blueprint of the Modi government's vision for building a developed country and that the middle class is always in Prime Minister Narendra Modi's heart. Shah said the Budget covers every section from farmers to the middle class and every sector from nutrition and health, startups to innovation and investment. It is the roadmap for Modi's self-reliant India, he said. "Zero Income Tax till Rs 12 Lakh Income. The proposed tax exemption will go a long way in enhancing the financial well-being of the middle class. Congratulations to all the beneficiaries on this occasion," the Union minister wrote on X with the hashtag 'ViksitBharatBudget2025'. Congratulating Modi and Finance Minister Nirmala Sitharaman for the "comprehensive and visionary budget", Shah said, "Budget 2025 is the blueprint of the Modi government's vision towards building a developed and best India in every field." In a relief to the middle .

Budget 2025: Jairam Ramesh slams FM Sitharaman for excluding basic schemes

Finance Minister Nirmala Sitharaman in her budget speech announced an increase in the money allocated to Saksham Anganwadi and Poshan 2.0 scheme, in her 8th Budget presentation