Union Budget: News
18 Feb 2025
Indian GovernmentModi government's scheme for 1st-time entrepreneurs to create 25L jobs
The Indian government recently launched a new initiative for first-time entrepreneurs.
03 Feb 2025
CanadaTariff wars: Is India next on Donald Trump's list
United States President Donald Trump has started a tariff war, placing heavy duties on Canada, China, and Mexico.
03 Feb 2025
BusinessHow Budget 2025 could boost bank deposits by ₹45,000 crore
The tax reforms introduced in the Union Budget for 2025 are expected to increase bank deposits by ₹42,000-₹45,000 crore, according to M Nagaraju, Secretary, Department of Financial Services.
03 Feb 2025
Stock MarketWhy railway, defense, infra stocks are down 9% today
The 2025 budget announcement has sent capex-linked stocks, especially those related to the railway, defense and infrastructure sectors, tumbling.
02 Feb 2025
Nirmala SitharamanSenior citizens need not pay taxes on NSS withdrawals anymore
In a major relief for senior citizens with old National Savings Scheme (NSS) accounts, Finance Minister Nirmala Sitharaman has announced a tax exemption.
02 Feb 2025
Delhi PoliceBudget 2025: Border security gets massive 87% jump in funds
The Union Budget for the fiscal year 2025-26 has allocated ₹2,33,211 crore to the Ministry of Home Affairs (MHA), ₹12,840 crore more than last year.
01 Feb 2025
Indian GovernmentBudget 2025: Imported motorcycles to become more affordable in India
In a major development, the Indian government has announced a massive reduction in the basic customs duty on imported motorcycles.
01 Feb 2025
Indian Space Research Organisation (ISRO)ISRO's budget rises to ₹13,415cr as major space missions approach
The Indian Space Research Organisation (ISRO) has received a financial boost in the Union Budget for 2025-26.
01 Feb 2025
Narendra ModiYou now have 4 years to file updated tax returns
Finance Minister Nirmala Sitharaman has announced an extension in the time limit for filing updated tax returns for any assessment year, while presenting the budget under Prime Minister Narendra Modi's administration.
01 Feb 2025
Nirmala SitharamanNational Geospatial Mission announced to modernize land records, address disputes
In the 2025-26 Union Budget, Finance Minister Nirmala Sitharaman has announced the National Geospatial Mission. The initiative seeks to modernize land records and enhance urban planning across India.
01 Feb 2025
Nirmala SitharamanBudget 2025: High-end TVs, smartphones to get cheaper in India
In her Union Budget speech, Finance Minister Nirmala Sitharaman has announced steep cuts in import duties for key mobile phone components and critical materials such as lithium-ion battery scrap.
01 Feb 2025
Income Tax Department of IndiaRelief for taxpayers: Income tax exemption limit increased to ₹4L
The Union Budget for the fiscal year 2025-26 has brought a major change in the income tax structure. The basic exemption limit under the new tax regime has been increased from ₹3 lakh to ₹4 lakh.
01 Feb 2025
Electric VehiclesBudget 2025: EVs are set to become cheaper in India
In a major move, the Indian government has announced huge duty exemptions in the Union Budget for 2025-26 to boost local production of lithium-ion batteries for electric vehicles (EVs).
01 Feb 2025
Make in IndiaBudget 2025: FM announces national manufacturing mission to boost self-reliance
In the latest Union Budget, Finance Minister Nirmala Sitharaman has announced a national manufacturing mission.
01 Feb 2025
Nirmala SitharamanBudget 2025: Centre pegs FY26 fiscal deficit target at 4.4%
Finance Minister Nirmala Sitharaman has pegged the fiscal deficit target for the financial year 2025-26 at 4.4%.
01 Feb 2025
Nirmala SitharamanGovernment to launch updated central KYC registry in 2025
The Indian government will soon launch a revamped version of the central Know Your Customer (KYC) Registry, Finance Minister Nirmala Sitharaman announced during the Union Budget 2025-26 presentation.
01 Feb 2025
Nirmala SitharamanSitharaman announces Jan Vishwas Bill 2.0 to decriminalize business laws
Finance Minister Nirmala Sitharaman has announced the introduction of the Jan Vishwas Bill 2.0 in her Union Budget 2025-26 presentation in Parliament.
01 Feb 2025
Nirmala SitharamanModi government to establish 50,000 Atal Tinkering Labs by 2030
In a major move to promote scientific curiosity among the youth, Finance Minister Nirmala Sitharaman has announced plans to set up 50,000 Atal Tinkering Labs (ATLs) in the next five years.
01 Feb 2025
Ministry of FinanceBudget 2025: ₹2cr loan scheme announced for women, SC/ST entrepreneurs
Finance Minister Nirmala Sitharaman has unveiled the Union Budget for 2025-26, her eighth consecutive presentation.
01 Feb 2025
Indian GovernmentUnion Budget 2025: 100% FDI announced for insurance sector
As part of its Union Budget for 2025-26, the Indian government has announced a major hike in the Foreign Direct Investment (FDI) limit for the insurance sector.
01 Feb 2025
CancerUnion Budget 2025: What's cheaper and what's costlier now
The Union Budget 2025, presented by Finance Minister Nirmala Sitharaman, has made some major changes to the customs duty structure.
01 Feb 2025
India PostBudget 2025—India Post to be revamped into public logistics organization
Finance Minister Nirmala Sitharaman has announced a major transformation of India Post into a large public logistics organization, improving rural post offices with India Post Payment Bank.
01 Feb 2025
Artificial Intelligence and Machine LearningModi government to establish AI Centre of Excellence for education
The Indian government has announced plans to set up a Centre of Excellence in artificial intelligence (AI) for the education sector.
01 Feb 2025
Nirmala SitharamanBudget 2025: Government to establish ₹1L crore Urban Challenge Fund
During her Union Budget presentation for 2025-26, Finance Minister Nirmala Sitharaman announced the creation of an Urban Challenge Fund worth ₹1 lakh crore.
01 Feb 2025
Nirmohi AkharaNo income tax for those earning up to ₹12 lakh
Finance Minister Nirmala Sitharaman has announced that there will be no income tax for an income of up to ₹12 lakh under the new regime.
01 Feb 2025
Nirmala SitharamanUnion Budget 2025: Nirmala Sitharaman doubles credit guarantee for MSMEs
In her Union Budget speech, Finance Minister Nirmala Sitharaman has announced a major hike in the credit guarantee cover for micro and small enterprises (MSMEs).
01 Feb 2025
Nirmala SitharamanBudget 2025: 36 life-saving drugs exempted from basic customs duties
Finance Minister Nirmala Sitharaman has announced that a total of 36 life-saving medicines have been exempted from basic customs duties, which could bring down healthcare costs for many Indians.
01 Feb 2025
Nirmala SitharamanBudget 2025: Modi government announces ₹10,000cr fund for start-ups
In the Union Budget 2025, Finance Minister Nirmala Sitharaman has announced a new fund of funds (FoF) for start-ups.
01 Feb 2025
Nirmala SitharamanBudget 2025: Sitharaman announces expansion of IITs, medical colleges
Finance Minister Nirmala Sitharaman has announced ambitious expansion plans for India's premier educational institutions.
01 Feb 2025
Nirmala SitharamanBudget 2025: Sitharaman announces measures aimed at benefiting 1.7cr farmers
Union Finance Minister Nirmala Sitharaman has announced a slew of initiatives to strengthen India's agriculture sector.
01 Feb 2025
DelhiRelief for businesses: Commercial LPG cylinder prices reduced by ₹7
Oil marketing companies in India have reduced the price of 19kg commercial LPG cylinders by ₹7.
01 Feb 2025
Narendra ModiNarendra Modi-led Union Cabinet approves Budget 2025-26
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the full budget of the fiscal year 2025-26.
31 Jan 2025
Nirmala SitharamanMeet the architects of India's Union Budget 2025
As India gears up for the unveiling of Union Budget 2025 on February 1, all eyes are on the key officials who will be shaping the country's economic policies.
30 Jan 2025
BusinessHow Budget 2025 could power India's electronics sector
The upcoming Union Budget for FY25 is expected to have a major impact on India's electronics manufacturing industry.
30 Jan 2025
SensexBudget Day special trading session: Know timings and rules
The National Stock Exchange (NSE) and BSE have confirmed that the Indian stock market will remain open during a special trading session on February 1.
30 Jan 2025
Nirmala SitharamanHow Budget 2025 could impact RBI's rate cut decision
As the Union Budget 2025 nears, market experts believe that growth-oriented steps from Finance Minister Nirmala Sitharaman could pave the way for a rate cut by the Reserve Bank of India (RBI).
29 Jan 2025
Nirmala SitharamanBudget 2025 might bring relief for taxpayers: Check expected reforms
As India approaches the Union Budget 2025, expectations are high for significant changes in tax rates and exemptions that could ease the financial burden on individuals, particularly middle-class taxpayers.
29 Jan 2025
Nirmala SitharamanFrom briefcase to tablet: The evolution of India's budget presentation
The annual presentation of the Union Budget in India has been a longstanding tradition.
28 Jan 2025
BusinessFrom presentation to implementation: Understanding key stages of Union Budget
The Union Budget is the annual financial blueprint of the government, detailing how it plans to generate revenue and spend it over the year.
28 Jan 2025
Nirmala SitharamanBudget 2025: Key terms to know before February 1's presentation
Finance Minister Nirmala Sitharaman will present the Union Budget 2025 on February 1, her eighth consecutive budget presentation.
27 Jan 2025
Indian GovernmentBudget 2025: Modi government may announce ₹14-15L crore market borrowings
The Indian government is tipped to announce market borrowings of ₹14-15 lakh crore via bonds in the Union Budget 2025, leading economists have said.
27 Jan 2025
IndiaUnion Budget: Key policy changes expected this year
As the Union Budget for 2025-2026 nears, financial services group Nomura has predicted a mix of fiscal consolidation and growth-oriented strategies.
27 Jan 2025
Nirmala SitharamanBudget 2025: What India's $85B jewelry industry expects this time
India's jewelry sector, worth an impressive $85 billion, is looking forward to Finance Minister Nirmala Sitharaman's seventh budget presentation on February 1.
22 Jan 2025
Indian GovernmentBudget 2025: Green energy sector may get ₹10,000cr boost
The Union budget for FY 2025-26 is likely to earmark an additional ₹10,000 crore for new and renewable energy.
22 Jan 2025
Nirmala SitharamanBudget 2025: Annual income up to ₹10L may become tax-free
The new tax regime is likely to undergo major changes in the upcoming Union Budget 2025-26, a Business Standard report said.
15 Jan 2025
Government of IndiaFrom tax cuts to GST: Expectations from Union Budget 2025
With the Union Budget 2025 just around the corner, middle-income households in India are hoping for some income tax revisions. These could go a long way in easing their financial burden.
14 Jan 2025
Indian GovernmentWhy Union Budget is presented on February 1
The Union Budget, India's most awaited financial event, has been presented on February 1 since 2017.
12 Jan 2025
Make in IndiaUnion Budget 2025-26 may introduce amnesty scheme for customs duty
The upcoming Union Budget for the fiscal year 2025-26, may include an amnesty scheme for customs.
Budget 2025: Joint taxation for married couples could be introduced
The Union Budget 2025 could bring a major overhaul to India's taxation system with the introduction of joint taxation for married couples.
03 Jan 2025
Nirmala SitharamanNirmala Sitharaman chairs pre-Budget 2025 consultation: Check key proposals
Finance Minister Nirmala Sitharaman will present the Union Budget for the fiscal year 2025-26 on February 1.
29 Dec 2024
Indian GovernmentPM Internship Scheme receives over 6L applications for 1.27L opportunities
The Indian government has been inundated with an overwhelming response to the Prime Minister's Internship Scheme.
27 Dec 2024
Indian GovernmentI-T relief expected in 2025: Which income group will benefit?
The Indian government is reportedly considering a reduction in income tax rates for the upcoming 2025-26 Union Budget, particularly for individuals earning up to ₹15 lakh annually.
23 Dec 2024
Income Tax Department of IndiaWant to resolve tax dispute? Avail this scheme before year-end
The Direct Tax Vivad Se Vishwas Scheme, announced in Budget 2024, is a government scheme to resolve pending tax disputes.
24 Aug 2024
Indian Space Research Organisation (ISRO)ISRO aims to bring lunar soil to Earth by 2027
Indian Space Research Organisation has set a three-year goal to retrieve lunar soil and return it to Earth.
01 Aug 2024
Central Board of Direct Taxes (CBDT)Centre mulls decriminalizing delayed TCS filing: How it impacts you
The Central Board of Direct Taxes (CBDT) is considering a proposal to decriminalize late filing of Tax Collected at Source (TCS), according to its Chairman Ravi Agarwal.
31 Jul 2024
IndiaCorporate exodus: 50% of Indian women may quit in 2-yrs
A study by consulting firm Aon has revealed, that nearly half of the women employed in India's corporate sector are either uncertain about their tenure with their current employers, or plan to quit within two years.
31 Jul 2024
Narendra ModiCongress must sustain general elections' momentum: Sonia on upcoming polls
Congress Parliamentary Party chief Sonia Gandhi on Wednesday said that "national politics will undergo a transformation" if the Congress performs well in the upcoming assembly elections.
30 Jul 2024
Nirmala Sitharaman'States not ignored...': Sitharaman defends budget, hits back at opposition
Union Finance Minister Nirmala Sitharaman on Tuesday hit back at the opposition's claims that the Union Budget disproportionately favors the ruling Bharatiya Janata Party's allies, the Janata Dal (United) in Bihar and the Telugu Desam Party in Andhra Pradesh.
28 Jul 2024
Nirmala SitharamanIndian realty sector faces ₹6,480 crore loss post-Budget announcement
The Indian real estate sector suffered a significant loss of ₹6,480 crore in market value, following the Union Budget announcement by Finance Minister Nirmala Sitharaman.
