The new Bill seeks to make direct tax law simple to understand and not to impose any new tax burden. It will not have provisos and explanations or long sentences
Aligning with India's broader vision to become a global AI hub, Finance Minister Nirmala Sitharaman has announced the creation of three Centres of Excellence (CoEs) in AI for education with a budget allocation of Rs 500 crore
While some expressed joy over Sitharaman’s announcement that individuals earning up to Rs. 12 lakh annually would be exempt from paying income tax under the new tax regime, others went all out, terming it the “Bihar Budget 2025-26.”
Finance Minister Nirmala Sitharaman announces Nuclear Energy Mission for Viksit Bharat for the development of at least 100 GW of nuclear energy by 2047
He criticised Union Finance Minister Nirmala Sitharaman for presenting a budget that caters to select States, questioning the BJP's idea of Vikasit Bharat (Developed India)
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.