Union Budget 2025

Budget 2025 Loophole: Why You Might Still Pay Tax Despite Earning Below Rs 12 Lakh

02 Feb 2025

In the Union Budget 2025, Finance Minister Nirmala Sitharaman announced significant tax relief for individuals earning up to Rs 12 lakh annually. Under the proposed New Tax Regime, taxpayers within this income bracket can benefit from rebates under Section 87A, effectively reducing their tax liability to zero. However, exceptions apply,...

Budget 2025: Dedicated Makhana Board to Boost Bihar’s Superfood Industry

01 Feb 2025

Finance Minister Nirmala Sitharaman's announcement of a specialized Makhana Board in the Union Budget 2025 was a groundbreaking move. This project aims to modernize Bihar's key makhana (foxnut) business by increasing output, improving processing, and strengthening marketing plans to meet rising global demand for this highly valued superfood. Makhana, India's...

Union Budget 2025: India Boosts AI with Rs 500 Crore Investment

01 Feb 2025

During the Union Budget 2025, Finance Minister Nirmala Sitharaman unveiled several breakthrough projects aimed at accelerating India's progress in artificial intelligence (AI) and deep tech innovation. A noteworthy highlight was the disbursement of Rs 500 crore to establish a new Centre of Excellence in Artificial Intelligence for Education, emphasizing the...

Union Budget 2025: ‘Heal in India’ Initiative Gets Boost as Importing Drugs Becomes Cheaper

01 Feb 2025

Finance Minister Nirmala Sitharaman set out in the Union Budget 2025 several significant policies meant to make India a world-famous medical center. One of the biggest highlights following the relief of cancer treatment drugs last year was the waiver of customs taxes on 36 cancer and rare disease medicines. This...

Union Budget 2025: Government to Provide ID Cards and Social Security for Gig Workers

01 Feb 2025

Finance Minister Nirmala Sitharaman, in her Budget 2025 speech, announced that the government will issue ID cards to gig workers. These workers will also get healthcare benefits through a social security scheme. Moreover, the government will invest in street vendors, urban workers, and online platform workers to improve their financial...

Union Budget 2025: New Income Tax Bill to Be Introduced Next Week

01 Feb 2025

Finance Minister Nirmala Sitharaman announced that the New Income Tax Bill will be introduced next week. The new Direct Tax Code will be introduced next week as part of the government’s efforts to streamline the taxation process. The announcement was made during the presentation of the Union Budget 2025 in Parliament on...

Union Budget 2025: FM Nirmala Sitharaman Dons Saree Honoring Madhubani Art, Gifted by Padma Awardee Dulari Devi

01 Feb 2025

Union Finance Minister Nirmala Sitharaman today arrived at Parliament to present the Union Budget 2025, which adorned a saree consisting of Madhubani art. The saree was designed by Padma Shri awardee Dulari Devi. Dulari Devi was awarded Padma Shri in 2021. Dulari Devi met the Finance Minister when she came...

Salaried Class Hopes for Tax Relief in Nirmala Sitharaman’s Upcoming Budget

01 Feb 2025

Finance Minister Nirmala Sitharaman will present her eighth consecutive Union Budget on Saturday. As inflation continues to affect many, the salaried class hopes for tax relief to ease their financial strain. On Friday, the minister put the final touches on the Budget document before its presentation. Final Preparations The finance...

What Nirmala Sitharaman Must Focus on in Budget 2025: Five Key Issues

26 Jan 2025

As Finance Minister Nirmala Sitharaman prepares for her eighth consecutive Union budget, common people, especially those with lower incomes, are facing challenges. High prices, particularly for food items, are hurting families. Wages have not kept up with inflation, and job opportunities are scarce. As a result, many households have been...

PM Modi To Holds Pre-Budget Consultation With Top 20 Economists in India

24 Dec 2024

Prime Minister Narendra Modi interacted with a group of eminent economists and thought leaders in preparation for the Union Budget 2025-26 at the NITI Aayog premises on Tuesday afternoon. The meeting was held on the theme "Maintaining India's growth momentum at a time of global uncertainty", a statement from Prime...

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