Page 26 - Union Budget

CEOs bet on boost in consumption, infrastructure this Budget: BS Poll

India Inc sees uptick in investments, jobs

Union Budget 2025: More of the same with similar outcomes expected

Every single feature of India's lower middle-income status remains intact

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

Overenthusiasm about India was so 2024

Statsguru: India does not collect more taxes than its peers, data shows

India has lower govt revenues than peers

A Budget beyond popcorn: Focus on capex and consumer-driven growth

The government needs to spend more on capex and allow consumers to have money in their pockets if it wants growth. Let's focus on the real issues

US-India Tax Forum proposes simplifying TDS, customs tariff structure

To establish GIFT City as a global financial hub, the Forum has proposed tax exemptions on dividends and financial transactions

Wishlist for Budget 2025: Urgency to uplift India's manufacturing

Jobs are one of the country's fundamental problems, and manufacturing is the easy answer to this problem

Budget 2025: Hospitality sector seeks infra status, tax rates reforms

Lack of infrastructure status, rationalisation of tax rates, easier visa processes and more incentives by state governments to promote investments are some of the key issues that need to be addressed for India's hospitality sector to realise its full potential, Hotel Association of India President K B Kachru said ahead of the Budget. In an interview to PTI, Kachru, emphasised upon the need for India to be marketed in a better fashion, and noted that countries like Japan, South Korea and Thailand have been able to grow their GDP by giving importance to the tourism sector. He emphasised upon the need for India to identify and promote MICE (Meetings, Incentives, Conferences, and Exhibitions) destinations with high potential, and work towards building the required infrastructure to draw tourists globally. "We need investment. Investment can't be done by the government alone. Private sector has to come in and invest. What would motivate them to invest in the country is they must have a .

Union Budget 2025-26: Here're key challenges in renewable energy sector

Tariffs for battery energy storage systems tenders reduced this year; however, the dependency remains on imports for cells

Budget 2025: Insurers seek tax benefits, concessions for healthcare

Insurers are hopeful of a host of tax benefits, including concessions for the insurance and healthcare sectors, from the Union Budget 2025-26 to be unveiled by Finance Minister Nirmala Sitharaman on February 1. SBI General Insurance MD and CEO Naveen Chandra Jha said that as India advances toward financial inclusivity and universal healthcare, the upcoming Budget is expected to further strengthen the healthinsurance sector. Initiatives like Bima Sugam, designed to achieve the goal of 'Insurance for All' by 2047, are expected to receive regulatory and fiscal support to address the protection gap, he noted. "Additionally, the budget is likely to focus on expanding access in underserved regions through government-private partnerships, targeted subsidies, and advancements in digital infrastructure," Jha added. Bajaj Allianz Life MD and CEO Tarun Chugh said India's economic growth presents immense opportunities for the insurance sector to enhance financial resilience. "Aligning tax ...

Budget2025: Invest in infra, startup, EdTech to create jobs, say experts

The government should provide investments and incentives in infrastructure, hospitality, startup ecosystem, EdTech and MSME sectors in the General Budget to boost employment and skill development, say industry experts. Finance Minister Nirmala Sitharaman will present the General Budget 2025 in the Lok Sabha on February 1. On expectations from the forthcoming budget, Noormahal Group CMD Manbeer Choudhary said the hospitality sector in India plays a crucial role in job creation and is one of the largest contributors to the economy. The Union Budget 2025 could be pivotal in enhancing the industry and significantly contributing to the vision of a USD 3 trillion tourism GDP by 2047, he added. Choudhary stated that one of the longing demands is granting industry status to the hospitality sector, as this recognition could lead to improved access to finance, regularised policies, and a more strategic approach to tourism development. The special allocation for infrastructure development, .

India bond yields dip amid investor demand, post weekly fall before budget

The 10-year bond yield ended at 6.7206 per cent , compared with the previous close of 6.7341 per cent

Union Budget 2025 Expectations highlights: Halwa ceremony to be held today in North Block

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

Union Budget 2025: Freebies and subsidies, their impact on government finances

As India anticipates the unveiling of this year’s Union Budget, a key question dominates public discourse: will Modi 3.0’s second Budget prioritize populism over prudence or vice versa?

Budget 2025-26: MSME ministry pitches for higher Mudra loan limits

In the proposal sent to the finance ministry, the MSME ministry has suggested raising the Shishu category limit to Rs 5 lakh and the Kishore category to Rs 10 lakh

Budget 2025-26: Five key focus areas to accelerate growth amid uncertainty

A push to manufacturing through these clusters will help us capitalise on the China-plus-one opportunity presented globally

Union Budget 2025 Expectations highlights: Automotive sector calls for tax rebates, AI push

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

NDA 3.0 must use political capital for structural reforms: D Subbarao

The NDA 3.0 government must use its enormous political capital to implement 'politically difficult' structural reforms in the upcoming budget to promote growth and job creation, former RBI Governor D Subbarao said on Thursday. The Union Budget for 2025-26, to be presented by Finance Minister Nirmala Sitharaman on February 1, comes amid global economic uncertainties and moderating domestic growth. "This is the first full budget of the NDA-III government and it must use its enormous political capital to implement politically difficult structural reforms," Subbarao told PTI in an interview. Further, he said that the primary objective of the budget is to put the economy on a sustainable high-growth trajectory. "But mere growth will not do. We need to ensure that the benefits of growth are widely shared which is to say that we need to focus on reducing inequality," Subbarao added. According to him, the huge consumption base of the bottom half of India's population is its biggest growth

Budget hopes fade as Modi 3.0 market gains erased, Nifty back to June lows

After gaining as much as 12%, Nifty is back to levels seen before PM Modi's third swearing-in

Executive orders signed by Trump unlikely to impact Budget 2025: Economists

Economists said that the government had largely anticipated the policy action on tariffs in November when the election results came out