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Page 4 - Budget And Economy

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

Budget 2025: Charting a new growth path as demand rises, concerns remain

Consumers remain pessimistic regarding the current economic situation possibly due to increased prices of essential items

Budget 2025: Charting a new growth path as demand rises, concerns remain
Updated On : 02 Feb 2025 | 12:42 AM IST

Budget at a glance: Here're the key numbers from Union Budget 2025

FM announced significant income tax cuts for the middle class and unveiled a blueprint for next generation

Budget at a glance: Here're the key numbers from Union Budget 2025
Updated On : 02 Feb 2025 | 12:41 AM IST

Budget: Railway capex stays flat; revenue receipts set to cross Rs 3 trn

Finance Minister Nirmala Sitharaman has kept the outlay provided for capital expenditure (capex) in the Railways at Rs 2.65 trillion, almost the same as the 2024-25 budget estimate

Budget: Railway capex stays flat; revenue receipts set to cross Rs 3 trn
Updated On : 02 Feb 2025 | 12:13 AM IST

Budget updates: Diya Kumari terms Union Budget as 'game changer,' Gehlot criticises lack of relief

New tax regime updates: Under the new system, taxpayers will not have to pay any income tax on earnings up to Rs 12 lakh per annum

Budget updates: Diya Kumari terms Union Budget as 'game changer,' Gehlot criticises lack of relief
Updated On : 01 Feb 2025 | 11:41 PM IST

Budget 2025 to develop 50 tourist places, give Mudra loans to homestays

'Special focus' on destinations related to the life and teachings of Lord Buddha

Budget 2025 to develop 50 tourist places, give Mudra loans to homestays
Updated On : 01 Feb 2025 | 11:25 PM IST

Budget 2025: FM takes 'transformative reforms' route to boost growth

The domains include regulatory reforms, the power sector, urban development, mining, the financial sector, and taxation

Budget 2025: FM takes 'transformative reforms' route to boost growth
Updated On : 01 Feb 2025 | 10:50 PM IST

Rahul Gandhi slams Union Budget 2025, calls it 'band-aid for bullet wounds'

The Bahujan Samaj Party chief Mayawati criticised the Budget calling it 'politically motivated'

Rahul Gandhi slams Union Budget 2025, calls it 'band-aid for bullet wounds'
Updated On : 01 Feb 2025 | 6:08 PM IST

Budget 2025 among the most balanced budgets; to bring bulls out of shackles

Budget 2025 Highlights: As expected, the union government has very little room for fiscal maneuvering and has tried to maintain a fine balance

Budget 2025 among the most balanced budgets; to bring bulls out of shackles
Updated On : 01 Feb 2025 | 4:03 PM IST

India's tax relief might not spur growth or debt reduction: Moody's

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

India's tax relief might not spur growth or debt reduction: Moody's
Updated On : 01 Feb 2025 | 4:00 PM IST

'Tax cuts to boost consumption', say top executives across sectors

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

'Tax cuts to boost consumption', say top executives across sectors
Updated On : 01 Feb 2025 | 3:56 PM IST

Transformative direct tax reforms in Budget 2025 for middle class empowerment

The reforms are part of the Government's broader strategy to stimulate consumption, enhance ease of doing business and boosting economic growth

Transformative direct tax reforms in Budget 2025 for middle class empowerment
Updated On : 01 Feb 2025 | 3:44 PM IST

UDAN scheme to improve regional connectivity with 120 new destinations: FM

Finance Minister revealed plans to facilitate the construction of Greenfield airports in Bihar, aimed at addressing the state's future aviation needs

UDAN scheme to improve regional connectivity with 120 new destinations: FM
Updated On : 01 Feb 2025 | 3:42 PM IST

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 is all about capex drive to consumption thrive
Updated On : 01 Feb 2025 | 3:31 PM IST

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

Modi turns to India's middle class to revive growth in rough global year
Updated On : 01 Feb 2025 | 3:00 PM IST

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

WCD gets hiked allocation of Rs 26,889 crore in Union Budget 2025
Updated On : 01 Feb 2025 | 2:53 PM IST

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: Sitharaman's key allocations and reforms across sectors
Updated On : 01 Feb 2025 | 2:48 PM IST

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

Budget for Viksit Bharat shows PM's resolve to fulfill dreams: Scindia
Updated On : 01 Feb 2025 | 2:44 PM IST

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

Budget 2025: Jairam Ramesh slams FM Sitharaman for excluding basic schemes
Updated On : 01 Feb 2025 | 2:37 PM IST

Less about people and country: Mayawati criticises Union Budget 2025

BSP leader further questioned the focus of the current BJP government's budget, drawing parallels to previous Congress budgets

Less about people and country: Mayawati criticises Union Budget 2025
Updated On : 01 Feb 2025 | 2:28 PM IST