Moody's Ratings has stated that the Indian government's decision to reduce the tax burden on middle-class consumers is unlikely to have a significant impact on economic growth
The government's plan is estimated to help around 25-30 million personal tax payers save about 100,000 rupees annually, according to Kamal Bali, managing director of Volvo Group India
The reforms are part of the Government's broader strategy to stimulate consumption, enhance ease of doing business and boosting economic growth
Finance Minister revealed plans to facilitate the construction of Greenfield airports in Bihar, aimed at addressing the state's future aviation needs
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
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
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
With a focus on healthcare, defence, agriculture, maritime, and education, the Budget aims to enhance infrastructure, boost self-reliance, and foster long-term growth
Additionally, Union Minister Jyotiraditya Scindia added that it is a composite budget that will take India forward
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
BSP leader further questioned the focus of the current BJP government's budget, drawing parallels to previous Congress budgets
Announced by Finance Minister Nirmala Sitharaman, this initiative is part of India's strategy to position itself as a global hub for electronics system design and manufacturing
The government will establish cancer care centres in every district across India by FY25
Under this mission, the department of commerce, micro, small and medium enterprises (MSME), and the finance ministry will set export-related targets for various sectors
To help MSMEs scale up operations, enhance technological capabilities, and access capital, the Union Budget has introduced enhanced investment and turnover limits for MSME classification
As Finance Minister Sitharaman has mentioned that the revenue foregone would be Rs 1 trillion, one can assume that it would lead to Rs 70,000 crore of consumption
Nirmala Sitharaman is India's first full-time female Finance Minister. By presenting her eighth budget, she strengthens her place in India's political and economic history
From fiscal deficit to defence spending and external debt, Budget 2025 will reflect the government's strategy to balance fiscal prudence with growth ambitions
At 12:30 PM, BSE Sensex was trading 0.64 per cent higher at 77,253.98 levels. Similarly, Nifty50 was trading 0.82 per cent higher at 23,439.55 levels
Finance Minister Nirmala Sitharaman will present her eighth consecutive budget today. This will also be the second budget under the third term of the Modi administration