Page 7 - Latest Updates on Budget 2025-26

Rs 20K cr for research, AI, geospatial initiatives to drive R&D: Industry

The Rs 20,000-crore allocation to drive research, the expansion of AI and geospatial initiatives and further push to Atal Tinkering Labs are some of the significant steps taken in the Union Budget 2025-26 to strengthen the country's research & development (R&D) ecosystem, but the country needs more, industry players said. Union Finance Minister Nirmala Sitharaman has allocated Rs 20,000 crore to the Department of Science and Technology to promote private sector-driven innovation. Sitharaman further said 50,000 Atal Tinkering Labs will be set up in the next five years to cultivate scientific temper in young minds. The 2025 Union Budget marks a significant step forward in strengthening India's R&D ecosystem, Shirshendu Mukherjee, Managing Director, Wadhwani Innovation Network, said. "The Rs 20,000 crore allocation for private & public sector-driven research, the expansion of AI and geospatial initiatives, and the push for Atal Tinkering Labs demonstrate the government's .

Budget 2025: No tax relief for crypto investors, new compliances introduced

Virtual Digital Assets (VDAs) are now classified as undisclosed income. So if unreported crypto gains are detected, tax authorities can levy a 60% tax along with a hefty 50% penalty on the tax amount

Tax saving tips: How you can legally pay zero tax on Rs 13.7 lakh salary

If you're a salaried employee, you could be saving up to Rs 96,000 in tax annually, all thanks to the NPS and standard deduction.

Capex to consumption: Budget 2025 is growth formula amid global headwinds

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

Save Rs 80,000 to Rs 1.4 lakh under new income tax slabs from April 2025

The Budget proposes revised slabs and rates, which Sitharaman said would reduce the tax burden on the middle class, allowing for greater disposable income

Budget 2025: ME-Card announced for credit access to MSMEs; key features

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 reinforces India's strong macro positioning in a fragile world

Budget 2025 Highlights: The Budget is likely to be positive for sectors like FMCG, Auto, consumer durables, EVs, Battery, Travel and Retail

Union Budget 2025-26: Consumption over capex, rise of the middle class

Budget Highlights: The personal taxation relief for the middle class should be positive for discretionary spend, particularly in autos, jewellery, travel and somewhat in real estate

Budget 2025-26: A Bold move to spur growth and support consumption

Budget 2025 Highlights: It is important to note that in 2025, investors will make money, albeit at a slower pace. Right stock picking will be key to creating wealth

Shivraj hails 'Atmanirbhar Budget', highlights farmer benefit schemes

'On one side, there is provision for Pradhan Mantri Kisan Samman Nidhi and on other there are provisions to provide farmers with low cost fertiliser, urea, DAP', Agriculture minister added

Congress' Priyanka Gandhi criticises Budget for not 'addressing inflation'

Further talking about GST, she alleged that everyday items have been taxed, increasing costs for people, which in turn has made it difficult for people

Almost all of govt borrowing going for asset creation: FM Sitharaman

Sitharaman spoke on issues ranging from the theme of the Budget to income tax relief and challenging geopolitical environment

Hospitality sector gets a boost in Budget with tourism-focused measures

Experts say domestic, international, spiritual and medical tourism set to receive a significant boost

From manifesto headliners to footnotes: Key issues sidelined in Delhi polls

Poll promises ahead of the Assembly elections in Delhi emphasise cash transfers and subsidies, while critical concerns like pollution, women's safety, and civic infra take a backseat

Budget 2025: Govt to develop top 50 tourist spots, streamline e-visas

The land for building key infrastructure in these destinations will be provided by states

Will Budget tax relief help BJP energise Delhi's middle class voters?

Banking on the Budget's tax relief, the BJP seeks to energise Delhi's middle class; the AAP is doing its bit too. But will their outreach mobilise this politically crucial yet disengaged electorate?

Budget 2025: Some FPIs may dash for the exit before 12.5% tax lands

Experts foresee a case to liquidate investments ahead of tax hike

Budget 2025: Focus on domestic consumption amid global uncertainties

The Budget contains facilitation measures to help exporters of handicrafts, leather goods, and marine products

Will Budget boost NDA's prospects in Bihar polls with infra, I-T relief?

Will the 2025-26 Budget's focus on Bihar's infrastructure, agri, and flood management swing the 2025 polls in the NDA's favour, and how will I-T relief for the middle class pay off in the rural state

Made sure we're ready for 'Make in India, for the world': FM Sitharaman

"The Prime Minister decided that we need to recognise the taxpayers and their contribution, and if there's a way in which we can reward them, we should. Yes, it will lead to consumption"