Chandigarh [India], February 1: The Faculty of Economics at Chitkara Business School, Chitkara University, hosted the National Colloquium on Union Budget 2025-26, a two-day event designed to foster dialogue on India's economic future. The colloquium provided a platform for scholars, experts,
Finance Minister Nirmala Sitharaman as part of her Budget presentation proposed a host of tweaks in basic customs duty (BCD) for various products or items that are critical for manufacturing or for day to day needs. In some cases they were raised to make domestic manufacturing robust.
Union Finance Minister Nirmala Sitharaman presented the Union Budget 2025 in the Lok Sabha today outlining a roadmap for India's continued economic expansion, emphasizing agriculture, micro, small, and medium enterprises (MSMEs), investment, and exports.
In a major push to strengthen the Micro, Small, and Medium Enterprises (MSME) sector, the Union Finance Minister in budget 2025 announced an increase in investment and turnover limits for classification of MSMEs.
Finance Minister Nirmala Sitharaman, during her Union Budget 2025 speech, announced that no income tax will be payable on income up to Rs 12 lakh, providing significant relief to taxpayers especially the middle class.
Congress MP Jairam Ramesh has criticized Finance Minister Nirmala Sitharaman for turning down in the Union Budget the proposals like inclusion of breakfast in schools, upward revision in honorarium given to Anganwadi workers under Saksham aanganawadi and Poshan 2.0.
She said, "Modified UDAN scheme will be launched to enhance regional connectivity to 120 new destinations and carry 4 crore additional passengers in the next 10 years."
Ahead of the Finance Minister's speech, protests erupted within the house, demanding the government release the list of people who lost their lives in the recent Mahakumbh stampede.
Congress leader Jairam Ramesh on Saturday took a swipe at the BJP-led government over the Civil Liability for Nuclear Damage Act, 2010, alleging that the party had earlier "sabotaged" the law and is now planning to amend it to "appease" former US President Donald Trump.
"The FDI limit for the insurance sector will be raised from 74 to 100 per cent. This enhanced limit will be available for those companies which invest the entire premium in India. The current guardrails and conditionalities associated with foreign investment will be reviewed and simplifie
In a major step towards clean energy transition, Finance Minister Nirmala Sitharaman announced a Nuclear Energy Mission during the presentation of the Union Budget 2025.