[ad_1] A strategic focus on four key driversā agriculture, micro, small and medium enterprises (MSMEs), investment and exportsārightly identifies the policies that will best boost growth, and significant measures have been unveiled to ensure that these are accelerated effectively. Further, there has been a strong emphasis on knowledge, innovation and meeting requirements of the future….
[ad_1] A view of the Parliament building in New Delhi. File | Photo Credit: The Hindu Lok Sabha has been allocated ā¹903 crore in the Union Budget, more than double the amount given to the Rajya Sabha. A sizeable allocation ā ā¹558.81 crore of the total ā¹903 crore ā has been assigned to the Lok…
[ad_1] The Union Budget for 2025-26 will be known for several path breaking measures, and in a true sense, it’s a people’s budget. The budget has announced significant measures for manufacturing, MSMEs, employment, regulatory reforms, strategic areas like ship-building, nuclear and many more, thereby accelerating our journey towards Viksit Bharat. These measures came at a…
[ad_1] Imagine getting a salary bump, only to find that your tax bill eats up mostāif not allāof your raise. While the new tax regime in Budget 2025 promises no tax on incomes up to ā¹12 lakh, it doesnāt necessarily mean that earning a little more is always beneficial. Thankfully, marginal relief has your back,…
[ad_1] The Union budget for 2025-26 is being hailed as a āthanksgivingāā for the middle-class, while its personal income tax relief is being called āhistoricāā and has hogged most of the limelight. But there a quite a few standout features other than these. First things first. The remarkable and dogged focus on fiscal consolidation really…
[ad_1] Indian markets closed the special Budget Day trading session on February 1 with little movement, as investors responded negatively to the Union Budget 2025’s capital expenditure figures. The budget announced a 9% year-on-year increase in capex for FY26, which fell short of market expectations. Economists had anticipated a larger allocation, given concerns about India’s…
[ad_1] Women work at a garment unit in Madurai. | Photo Credit: G. Moorthy Assuming a conservative GDP growth rate of 10.1% for FY26, the Budget accords priority for fiscal consolidation. The ācautiousā GDP forecast appears to be realistic for tax revenue projections, given the uncertainties in the global economy and growth slowdown in the…
[ad_1] The Union Budget 2025-26 earmarked ā¹6.81 lakh crore ā or 13.4% of total Central government expenditure ā for the Ministry of Defence (MoD). Of the MoDās total budget, ā¹4.92 lakh crore, or 72%, is meant for the Defence Services (primarily the Army, Navy, Air Force and the Defence Research and Development Organisation). About ā¹1.61…
[ad_1] Finance Minister Nirmala Sitharaman announced a ā¹20,000 crore āNuclear Energy Missionā to develop indigenous Small Modular Reactors (SMR). File | Photo Credit: The Hindu Finance Minister Nirmala Sitharaman announced a ā¹20,000 crore āNuclear Energy Missionā to develop indigenous Small Modular Reactors (SMR). The Budget proposes that at least five of these reactors will be…
[ad_1] The budgetary allocations for the Information and Broadcasting Ministry recorded a slight decline from ā¹4,626.71 crore to ā¹4,358.38 crore this year. While proposed funds for the establishment expenditure of the Ministry are pegged at ā¹142.70 crore, some ā¹38.27 crore for Art and Culture, and ā¹401.53 crore for Information and Publicity have been allocated. The…
