NEW DELHI: The tax relief measures unveiled in the 2025-26 Budget are likely to increase deposit inflow in banks and several scenarios worked out by the department of financial services (DFS) estimated it to be in the range of Rs 42,000-45,000 crore, a top official said on Monday.M Nagaraju, secretary DFS, told reporters that the steps announced in the Budget …
Read More »
The Times Conversations panel discussion, organised by The Times of India in collaboration with the Bower School of Entrepreneurship, provided an in-depth exploration of Budget 2025 and its impact on startups and entrepreneurship. Eminent panellists shared their insights on how the government’s initiatives will shape the future of India’s startup ecosystem, making it more dynamic and globally competitive.Budget 2025 – …
Read More »
NEW DELHI: India’s manufacturing sector has been expanding at its fastest pace in six months, fueled by a surge in new orders and record-breaking export growth, according to the HSBC India Manufacturing PMI for January, published on Monday.The purchasing managers’ index (PMI) climbed to 57.7 in January, up from 56.4, which marked one year low last December, signalling a sharp …
Read More »
A salaried individual with Rs 13.7 lakh yearly income can achieve tax savings of approximately Rs 96,000 through NPS contributions. Latest income tax slabs 2025-26 after Budget 2025: Zero income tax on Rs 13.7 lakh salary? Don’t rub your eyes! Finance Minister Nirmala Sitharaman in her Budget 2025 speech announced that there will be NIL or zero income tax for …
Read More »
The financial landscape presents complex challenges that require strategic navigation. The banking sector’s increased exposure to Priority Sector Lending (PSL) segments necessitates robust risk assessment frameworks. Banks must enhance their monitoring systems to manage potential asset quality concerns whilst maintaining adequate capital buffers.The government’s borrowing patterns could influence market liquidity and yield curves. Banks need to optimise their treasury operations …
Read More »
NEW DELHI: Finance minister Nirmala Sitharaman, paraphrasing Abraham Lincoln, described the Union Budget as “by the people, for the people, of the people” during an interview with PTI on Sunday. She said that Prime Minister Narendra Modi was fully supportive of tax cuts, but bureaucratic hurdles delayed the decision. “We have heard the voice of the middle class,” she said, …
Read More »
Two types– Long term capital gains (LTCG), Short term capital gains (STCG)But first what is indexation?Indexation in capital gains tax adjusts the purchase price of an asset for inflation, reducing taxable gains and lowering the tax burden. Set-off provisions for capital losses Loss on a long-term capital asset can only be set off against gains from another long-term capital asset …
Read More »
Continuing its thrust on capital expenditure (capex) to create assets, the govt has allocated Rs 11.2 lakh crore for 2025-26, an increase of 10% than the revised estimate of the current financial year. The Budget also focusses on attracting more private investment in infrastructure by taking up projects on public-private partnership (PPP) mode.Going by budget estimate (BE), the govt’s effective …
Read More »
India’s military modernisation will continue in its typical slow, haphazard manner without any big bangs, with defence outlay getting a modest 9.5% hike over last fiscal’s budgetary estimates and 6.3% over the revised ones.The defence Budget was pegged at Rs 6.8 lakh crore ($79 billion), which works out to just 1.9% of the projected GDP for 2025-26, when at least …
Read More »
Taking forward the call for deregulation in the Economic Survey, FM Nirmala Sitharaman is seeking to significantly cut red tape and promote ease of doing business to achieve India’s aim of becoming a developed country in the coming years.Govt will now bring up Jan Vishwas Bill 2.0 to decriminalise over 100 more provisions under various laws, while promising a review …
Read More »
Unews World