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
Consumers remain pessimistic regarding the current economic situation possibly due to increased prices of essential items
FM announced significant income tax cuts for the middle class and unveiled a blueprint for next generation
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
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
'Special focus' on destinations related to the life and teachings of Lord Buddha
The domains include regulatory reforms, the power sector, urban development, mining, the financial sector, and taxation
The Bahujan Samaj Party chief Mayawati criticised the Budget calling it 'politically motivated'
Budget 2025 Highlights: As expected, the union government has very little room for fiscal maneuvering and has tried to maintain a fine balance
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