Page 4 - Budget

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.

Union Budget 2025 updates: Medtech industry calls for standard GST rate

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

MCA may widen internship scheme, engage states to boost participation

The scheme had set a target of providing 125,000 opportunities by the end of March 2025

Budget 2025: EY, industry seek tax relief, housing, and compliance reforms

EY India also advocates for extending the ESOPs tax deferral benefit to all employers and permitting tax payment at the stage of sale

Govt cuts Census budget allocation by half, RGI to seek additional funds

The Union Home Ministry has halved the Census and Statistics budget for 2024-25, with provisions for the Registrar General of India to request additional funds for the delayed census

Amnesty scheme for customs may be announced in upcoming Budget: Experts

In a bid to reduce litigation, Finance Minister Nirmala Sitharaman in the upcoming Budget may announce an Amnesty Scheme for customs to foster ease of doing business. "The main asks of the industry would certainly be aligned with the objectives of the government and one objective of the government has been litigation reduction. On that front, having an amnesty scheme for customs especially covering pre-GST legacy taxes like additional duty, special additional duty has been one of the asks of the industry," Price Waterhouse & Co LLP managing director Anurag Sehgal said. The government had in the past announced amnesty schemes for excise and service tax and even for the income tax but not for customs. There are estimates that over 40,000 cases were pending in various courts and tribunals pertaining to customs duty alone. Another consultancy firm EY India said customs litigations are pending at various forums for a very long time and the same require time and effort to be spent by ...