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Nirmala Sitharaman announces national framework for GCCs, Rs 500-crore CoE for AI, new 'fund of funds' for startups
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Rs 1,80,000 crore set aside for armed forces for capital expenditure that includes purchasing weapons, aircraft, warships
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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.”
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Finance Minister Nirmala Sitharaman announces Nuclear Energy Mission for Viksit Bharat for the development of at least 100 GW of nuclear energy by 2047
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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)
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Imported life saving drugs, medicines to cost less ; knitted fabrics, Smart meter turn costlier
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Personal income tax is projected at Rs 12.57 lakh crore, while corporate tax is at Rs 9.80 lakh crore in the current fiscal
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They were demanding statement from the government on Kumbh stampede
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The Centre will create additional infrastructure in five IITs and provide support for enhancing the capacity of IIT Patna
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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
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The government will also be introducing new Income Tax (I-T) bill in Parliament next week: Nirmala Sitharaman
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Nirmala Sitharaman says the Kisan Credit Cards would facilitate short-term loans for 7.7 crore farmers, fishermen, and dairy farmers
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Sitharaman says, the government will also facilitate greenfield airports in Bihar
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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.
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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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The President will address both Houses of Parliament, marking the beginning of the Budget Session at 11 am
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The presentation of the Economic Survey which details the current state of the economy, will kickstart the Budget Session of Parliament
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Tagging Amazon, Nirmala Sitharaman, and RBI, Pawan questions why a simple solution couldn't be implemented where any unused balance could be automatically refunded to the linked bank account
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Officials were also instructed to submit revised estimates for the ongoing Financial Year 2024-25 again through the Finance Department portal
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The Chief Minister informed the Union Minister about the Telangana government's management of the High Court, Raj Bhavan, Lokayukta, State Human Rights Commission, Judicial Academy, and other public institutions in Hyderabad following the bifurcation of Andhra Pradesh. The State government has allocated Rs. 703.43 crore for managing these institutions until their division is finalized.