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Home  India

India

Direct, indirect taxes comprise 66 paise of every rupee in govt coffer: Budget documents

Direct, indirect taxes comprise 66 paise of every rupee in govt coffer: Budget documents

  • Opposition walks out during FM’s Budget speech, returns within minutes 

    They were demanding statement from the government on Kumbh stampede
  • Budget 2025-26: Government to fully exempt custom duty on 36 life-saving medicines

    The government had earlier cut customs duties on Trastuzumab Deruxtecan, Osimertinib and Durvalumab from 10 per cent to nil
  • Budget 2025-26: Bihar gets big

    The Centre will create additional infrastructure in five IITs and provide support for enhancing the capacity of IIT Patna
  • Nil tax for those earning up to Rs 12 lakh annually under new regime

    For salaried employees, this nil tax limit will be Rs 12.75 lakh per annum, after taking into account a standard deduction of Rs 75,000
  • Budget 2025-26: Government to rationalise TDS to ease compliance burden

    The government will also be introducing new Income Tax (I-T) bill in Parliament next week: Nirmala Sitharaman
  • New I-T Bill to be introduced in Parliament next week

    Finance Minister Nirmala Sitharaman announces the Foreign Direct Investment (FDI) in the insurance sector will be increased to 100 per cent from 74 per cent
  • Budget 2025-26: 10,000 additional seats in medical colleges, daycare cancer centres

    Finance Minister says India has seen remarkable growth in medical education in the last 10 years
  • Budget 2025-26: Enhancing limit for interest subvention scheme for Kisan Credit Cards to Rs 5 lakh

    Nirmala Sitharaman says the Kisan Credit Cards would facilitate short-term loans for 7.7 crore farmers, fishermen, and dairy farmers
  • Budget 2025-26: Rs 1.5 lakh cr outlay for interest-free loans to States

    Asset monetisation plan will be launched for 2025-30 period to infuse Rs 10 lakh crore capital in new projects
  • Budget 2025-26: Modified UDAN scheme to connect 120 destinations

    Sitharaman says, the government will also facilitate greenfield airports in Bihar
  • Budget 2025-26: Rs 10,000 cr fund of funds scheme for startups

    The total corpus of Rs 10,000 crore was envisaged to be provided over the 14th and 15th Finance Commission cycles based on the progress of the scheme and the availability of funds.
  • India to launch national mission on high-yielding seeds to be launched: FM

    The government will bring enabling framework for sustaining harvest of fisheries sector in exclusive economic zones and high seas
  • Key highlights of Union Budget 2025-26

    Sitharaman had in her first Budget in 2019 replaced the leather briefcase -- which was in use for decades for carrying Budget documents -- with a traditional 'bahi-khata' wrapped in red cloth
  • Over 60 LPG cylinders loaded in truck explode in Ghaziabad

    The explosion was caused by a fire, likely due to friction in the cylinders, 4 shops charred, no one hurt
  • Jet fuel price hiked by 5.6 per cent, commercial LPG rate down Rs 7 per cylinder

    The aviation turbine fuel (ATF) price was increased by Rs 5,078.25 per kilolitre, or 5.6 per cent, to Rs 95,533.72 per kl in the national capital
  • Sitharaman takes Tablet in red pouch to present budget

    Poses with traditional 'briefcase' outside her North Block office, accompanied by her team of officials, before heading to meet the President
  • Telangana puts high hopes on Union Budget 2025-26; submits proposals for Rs.1.63 lakh crore

    The State government has submitted proposals requesting Rs 1.63 lakh crore to fund key projects, including the Regional Ring Road, Hyderabad Metro Rail expansion, and Musi Riverfront Development, among others.
  • This asteroid might collide with Earth in 2032

    On 27 December last year, astronomers using the ATLAS survey telescope in Chile discovered a small asteroid moving away from Earth. Follow up observations have revealed that the asteroid, 2024 YR4, is on a path that might lead to a collision with our planet on 22 December 2032
  • Railways testing SuperApp ‘SwaRail’ to provide various services

    Only 1,000 users can download it for now on Google Play Store. It will be made available for 10,000 downloads post-feedback
  • Guillain-Barré Syndrome deaths rise to 4 in Maharashtra, total cases 140

    Official say Escherichia coli or E.coli bacteria found in one of the samples obtained from private borewells in the Sinhgad Road area
  • All eyes on Sitharaman as hopes run high on income tax cut

    Finance Minister set to present record setting eighth consecutive Budget in a short while
  • Vice President Dhankhar to visit Maha Kumbh in Prayagraj today

    The Vice-President is likely to reach Prayagraj around 2:15 p.m.
  • Horoscope: Your star predictions for February 1, 2025; find out more

    Daily Horoscope: Know your astrological predictions February 1, 2025. May today bring you joy and happiness.
  • Suspected GBS deaths in Maharashtra rises to 4; E.coli found in water sample

    Thirty-six-year-old man died due to trauma to respiratory system due to pneumonia at Yashwantrao Chavan Memorial Hospital
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