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"union-budget-2025-26"

  • Budget 2025-26: Gross tax revenues to grow 11 per cent at Rs 42.70 lakh crore

    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
  • Govt proposes hike in threshold for TDS on rent to Rs 6 lakh

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

    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
  • 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
  • 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
  • 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: 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: 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.
  • 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
  • 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.
  • 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
  • Telangana pinning high expectations from Union Budget 2025-26

    Accordingly, the State government has outlined its priorities, seeking financial assistance worth Rs 1.63 lakh crore for infrastructure projects, including Regional Ring Road, Phase-2 of Hyderabad Metro Rail, Musi Riverfront Rejuvenation project and others
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