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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
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Osmania University presented the budget for 2025-26 with a deficit of Rs.43.15 core due to inadequate grants from the State government.
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Estimated revenue deficit is around Rs 33,185 crore and fiscal deficit is around Rs 79,926 crore
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In a surprise development, YSRCP chief Y S Jagan Mohan Reddy attended the Assembly session along with party legislators.
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"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
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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
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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
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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
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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
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The government had earlier cut customs duties on Trastuzumab Deruxtecan, Osimertinib and Durvalumab from 10 per cent to nil
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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
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Finance Minister says India has seen remarkable growth in medical education in the last 10 years
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The government will bring enabling framework for sustaining harvest of fisheries sector in exclusive economic zones and high seas
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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
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Poses with traditional 'briefcase' outside her North Block office, accompanied by her team of officials, before heading to meet the President
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The Budget Session will commence on January 31 with President Droupadi Murmu addressing both Houses of Parliament on Friday and kickstarting the Budget session
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Allots Rs 16,739 crore for Pawan Kalyan's Panchayat Raj and Rural Development portfolio; opposition YSRCP boycotts session
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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
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A startling figure shows that net borrowings of ₹32,536.26 crore up to September this fiscal year make up nearly 30% of total receipts. In the previous fiscal, the state achieved about 45.62% of its budget estimates, with ₹1,18,559 crore out of ₹2,59,862 crore realized.
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Stating that the budget allocated for education is not a problem, Dr. Narayana said the resources are not being effectively utilized in the country. "Globally, we are the worst in terms of education," he said.