Tag Archives: Business news

The Budget proposals met with muted response from investors on Dalal Street during Saturday’s special trading session, although there were stock and sector specific movements. After some volatility during the FM’s Budget speech, the sensex and Nifty both treaded a steady path and closed barely changed. Sensex was up just five points at 77,506 points, while Nifty was down 150 …

FM Nirmala Sitharaman also announced that she will be tabling the New Income Tax Bill in Parliament next week. Budget 2025 income tax slab changes 2025-2026 explained: In a big cheer for the salaried middle class taxpayers, FM Nirmala Sitharaman announced sweeping changes to the income tax slabs and income tax rates under the new income tax regime for FY …

Today’s proposals rightly focused on middle-income taxpayers, marking a significant step for the government to forgo one lakh crore of revenue. By Kuldip Kumar and Tanu GuptaBudget 2025 income tax slab changes FY 2025-26: The Honorable Finance Minister presented her 8th consecutive budget, and this was perhaps one of those budgets that exceeded individual taxpayers’ expectations. Although an indication was …

NEW DELHI: Finance minister Nirmala Sitharaman, presenting the Union Budget 2025-26 on Saturday, announced a significant increase in allocations for women and child development programs, along with key relief measures for senior citizens and vulnerable communities. Addressing concerns over old National Savings Scheme (NSS) accounts, Sitharaman announced that withdrawals from these accounts, which no longer accrue interest, will be exempt …

NEW DELHI: Gold prices surged to a new all-time high of Rs 83,360 per 10 grams in futures trading on Saturday, driven by strong market demand, according to news agency PTI.During early trading on the Multi Commodity Exchange, April delivery gold contracts achieved this unprecedented level. Similarly, the contract moderated to Rs 82,233 per 10 grams, showing an increase of …

PM Modi and Union home minister Amit Shah (R) NEW DELHI: Union home minister Amit Shah on Saturday praised Prime Minister Narendra Modi and finance minister Nirmala Sitharaman for presenting a “comprehensive and visionary” Union Budget 2025.Calling it a blueprint for a “developed and best India in every field,” Shah pointed out key aspects of the budget, particularly the exemption …

NEW DELHI: Finance minister Nirmala Sitharaman, while announcing the Union Budget on Saturday announced a proposal to extend duty exemptions on capital goods that are used in the manufacturing of lithium-ion batteries. This move aimed to boost domestic production in this major sector which is essential for electric vehicles and mobile phones.The FM said, “To the list of exempted capital …

Finance Minister Nirmala Sitharaman, presenting the Union budget 2025, announced plans for 1.5 lakh rural post offices to boost the rural economy. The budget includes a new urea plant in Assam and enhanced investment limits for MSMEs. The government will also support the National Cooperative Development Corporation to aid small businesses and farmers. NEW DELHI: Finance minister Nirmala Sitharaman, while …

NEW DELHI: Union finance minister Nirmala Sitharaman on Saturday proposed establishing a Makhana Board in Bihar. In her budget speech, she emphasised that the Union government’s focus would be on ‘garib, youth, annadata and nari’. Makhana (foxnuts) is widely produced and consumed in Bihar. “Makhana Board will be established in Bihar to improve production and processing of fox nut,” said …

The wait for budget is over, with the finance minister Nirmala Sitharaman set to present the Union Budget 2025-26 on Saturday. While the youth are hoping for job-creation initiatives, the salaried class is eagerly anticipating income tax relief.Taxpayers and industry stakeholders are eagerly anticipating major announcements on tax slabs, fiscal consolidation, and sectoral incentives.President Droupadi Murmu’s address to the joint …