"budget"

Facing financial strain, the Himachal Pradesh government led by Sukhvinder Singh Sukhu has deferred salaries of public representatives for six months, including the Chief Minister, ministers and MLAs, clarifying it is a temporary measure to ease fiscal pressure

Finance Minister Nirmala Sitharaman tabled the 16th Finance Commission report in Lok Sabha, outlining tax devolution between Centre and states for 2026–2031. Headed by Arvind Panagariya, the panel proposes formulas guiding Centre–state fiscal relations

The government has passed four key amendments to the Income Tax Act, effective FY26. These cover sovereign fund exemptions, block assessment reforms, correction of a standard deduction error, and tax parity for the Unified Pension Scheme with the National Pension System

Osmania University presented the budget for 2025-26 with a deficit of Rs.43.15 core due to inadequate grants from the State government.

Estimated revenue deficit is around Rs 33,185 crore and fiscal deficit is around Rs 79,926 crore

In a surprise development, YSRCP chief Y S Jagan Mohan Reddy attended the Assembly session along with party legislators.

"This investment will pave the way for an empowered, skilled, and enlightened generation prepared to shape the future of Telangana," said Faraz Ahmed, president SIO Telangana

The delay in the departmental consultations is being attributed to the Congress government's plans to focus on the ongoing MLC polls, followed by the local body elections

India has now joined the 'honour roll' of 35 member States who have paid their regular budget assessments in full and on time to the United Nations

Finance Minister proposes to enhance annual threshold for deduction of tax at source (TDS) on rent to Rs 6 lakh from the current limit of Rs 2.4 lakh

Around 24 paise will come from borrowings and other liabilities, 9 paise from non-tax revenue like disinvestment, and 1 paise from non-debt capital receipts, the Budget documents said

The government had earlier cut customs duties on Trastuzumab Deruxtecan, Osimertinib and Durvalumab from 10 per cent to nil

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

Finance Minister says India has seen remarkable growth in medical education in the last 10 years

The government will bring enabling framework for sustaining harvest of fisheries sector in exclusive economic zones and high seas

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

Poses with traditional 'briefcase' outside her North Block office, accompanied by her team of officials, before heading to meet the President

The Budget Session will commence on January 31 with President Droupadi Murmu addressing both Houses of Parliament on Friday and kickstarting the Budget session

Allots Rs 16,739 crore for Pawan Kalyan's Panchayat Raj and Rural Development portfolio; opposition YSRCP boycotts session

The leaders from various communities belonging to the erstwhile Nizamabad district, including Kamareddy, participated in the public hearing and submitted their representations to a team headed by BC Commission chairman G Niranjan