Page 4 - Budget

Assam Budget session to commence on Feb 17, will unite people: Dy speaker

Numal Momin further mentioned that several important bills are likely to be introduced in the session

MCD presents Rs 17,000 crore budget, sanitation gets highest allocation

The Municipal Corporation of Delhi (MCD) on Thursday presented a budget of Rs 17,000 crore for the next financial year with sanitation receiving the highest allocation of Rs 4,907.11 crore. Besides sanitation, infrastructure development, education and waste management, have been focused upon in the MCD budget. In waste management, the MCD plans to establish waste-to-energy plants in Narela-Bawana (3,600 TPD) and Ghazipur (3,000 TPD), along with bio-CNG plants in Okhla, Ghogha Dairy, and Ghazipur to process 750 metric tons of waste daily. The special budget meeting also announced that work is underway to set up bio-methanisation plants with a capacity of 200 metric tons per day, expected to be completed by March 2025. Under its green initiatives, the MCD has planted over 1.8 lakh trees by December 2024 and developed eight Miyawaki micro-forests, the budget copy read. The horticulture department has been allocated Rs 393.26 crore, compared to Rs 586.58 crore last year, it ...

WB Budget's focus on revenue over capex signals poll-year populism: Experts

The West Bengal government's budgetary proposals for a sharp increment in revenue expenditure coupled with a marginal rise in capital outlay for the 2025-26 fiscal look like one that has its eyes clearly set on the state elections due next year, experts said. The budget, tabled before the West Bengal assembly on Wednesday, proposed significant cash dole-outs under the revenue expenditure head, pegged at over Rs 30,000 crore higher in 2025-26 than the revised estimates of the current fiscal of 2024-25, but tendered an increase of less than Rs 12,000 crore under capital outlay for the same period. Revenue expenditures of an organisation are short-term expenses used to service its ongoing operational costs, including salaries of employees, overhead costs and financing welfare schemes, while capital expenditures (capex) are funds used for one-time creation of fixed assets that are expected to generate revenue over a longer period. Figures from the state budget revealed that the Bengal .

BMC Budget 2025 highlights: Slum biz tax, parking, zoo upgrade, and more

BMC unveils record ₹74,427 crore Budget for FY 2025-26, a 14% increase from last year

BMC allocates Rs 1,000 cr for BEST bus services in FY 2025-26 budget

The Brihanmumbai Municipal Corporation (BMC) has in its budget for the financial year 2025-26 allocated Rs 1,000 crore for the civic bus services BEST, acknowledging its financial challenges. The Brihanmumbai Electric Supply and Transport (BEST) undertaking, the second-largest public transport system in the metropolis after suburban trains, operates a fleet of around 3,000 buses, serving more than 30 lakh commuters daily. In the budget document presented on Tuesday, the BMC stated that despite its own financial commitments, it has made the provision considering BEST's financial position. "Although BMC itself has a huge requirement of funds towards its ongoing projects and other important objectives, a total provision of Rs 1000 crore is proposed in 2025-26 as a grant to BEST undertaking considering its financial position," the document stated. As per the budget documents, the funds will be used for infrastructure development, capital equipment purchases, loan repayments, wet lease

Tax incentives will not lead to inflation: Revenue and Finance Secretary

He is confident of the government achieving 14.4 per cent growth in income-tax collection even after forgoing Rs 1 trillion revenue

Union Budget announcements like sixer on full toss ball: PHDCCI President

Industry body PHDCCI on Saturday termed the announcements made in the Union Budget as a "sixer on a full toss ball" which will drive growth across sectors improving infrastructure and enhancing governance. In an interview to PTI, its President Hemant Jain said the key focus areas in the Budget 2025-26 included taxation, power, urban development, mining, the financial sector, and regulatory reforms, are major ingredients of development. "It's like a sixer on a full toss ball. These areas will drive growth, improve infrastructure, enhance governance, and ensure sustainable development across various sectors," said Jain, who is also the Managing Director of KLJ Industries. Union Finance Minister Nirmala Sitharaman tabled record eighth Union Budget in Lok Sabha on Saturday. The size of the Budget at Rs 47.16 lakh crore, including a capital expenditure of Rs 10.1 lakh crore, will boost the economy, he said. On the tax related announcements, Jain said it is a strong step to boost the mi

Budget 2025 boosts hospitality, health, education: Chef Manish Mehrotra

Through the announcements made in this Budget, there will be some job creation but more is required, Mehrotra said

From 2 hrs 40 mins to 1 hr 14 mins: Sitharaman's Budget speech evolution

From marathon speeches to concise presentations, Nirmala Sitharaman's Budget journey spans from a record 2 hours 40 minutes in 2020 to a crisp 1 hour 14 minutes in 2025

36 life-saving medicines fully exempted from customs duty: FM Sitharaman

Budget 2025: This decision is part of a broader push to make essential healthcare more affordable, especially for cancer patients struggling with the high costs of treatment

Union Budget 2025: 10,000 new medical seats, boost for IITs, AI push

Union Budget 2025 announces 10,000 new medical seats, expansion of IITs, Rs 500 crore for AI in education, and a strong focus on upskilling and inclusive growth

Who's behind Budget 2025? Meet Nirmala Sitharaman's top policymakers

As Nirmala Sitharaman prepares to present Budget 2025, meet the key policymakers shaping India's economic roadmap, from revenue reforms to spending strategies

Union Budget 2025: A look at poetic touches in finance ministers' speeches

Union Budget 2025: Here's a look at how finance ministers have infused poetic and cultural references/ quotes in their speeches

Hopeful that Budget will offer schemes to aid MSMEs: UCCI president

Mohanty stated that he wants the corporate tax to be further reduced for the MSME sector

J-K Assembly's first budget session in 6 years to begin on March 3

The Budget Session of the Jammu and Kashmir Assembly will begin on March 3 with Lieutenant Governor Manoj Sinha's address, officials said on Thursday. This will be the first budget of the Omar Abdullah-led National Conference government after assuming power on October 16 last year, ending a six-year-old central rule. "I, Manoj Sinha, Lieutenant Governor of the Union Territory of Jammu and Kashmir, under the provisions of Section 21(1) of the Jammu and Kashmir Reorganisation Act, 2019, call upon the Members of the Legislative Assembly to assemble in the Legislative Assembly Complex at Jammu on Monday, the 3rd of March, at 10 am to hear my address," read a bulletin issued by the Assembly secretariat. In another bulletin, the Assembly Secretariat requested the members not to send more than 10 starred and 10 unstarred questions in relaxation of Rule 32 of the Rules of Procedure and Conduct of Business and not more than three bills in relaxation of sub-rule (3) of Rule 65 of the Rules o

Budget 2025: Will the Finance Minister provide a fillip for demand growth?

Why media and policy circles are abuzz with expectations of big announcements on Saturday

A sagging India story: Budget 2025 aims to revive flagging momentum

Overenthusiasm about India was so 2024

India's budget likely to raise major subsidies by 8% to $47 bn in FY27

Indian Finance Minister Nirmala Sitharaman will present the national budget on Feb 1, amid slowing growth in Asia's third-largest economy and rising global uncertainties

Union Budget 2025 expectations highlights: Budget should focus on infra spending, says MPC member

Union Budget 2025 Latest Updates: Catch all the latest developments related to Union Budget 2025 here

Budget Pulse: What’s inside the Union Budget?

The Union Budget 2025 is just around the corner. What does the Budget include? Watch the video to know in simple terms.