Keeping pace with the budgetary allocation, Indian Railways has spent 76 per cent of its budgetary outlay within the first nine months of the current fiscal year 2024-25.
The upcoming union budget 2025-26 should focus on giving personal tax relief to common taxpayers by raising the basic exemption limit in the new tax regime from Rs 3 lakhs to Rs5 lakhs and reducing tax rates, suggests global consulting and professional services firm Ernst & Young India (
Emphasis on fiscal consolidation, tax system simplification, and investment-driven growth, in the Budget 2025 will lay a solid foundation for sustained economic development in India, asserted global consulting and professional services firm Ernst & Young India.
Chief Election Commissioner Rajiv Kumar on Tuesday said that the poll body will issue an instruction to the Cabinet Secretary that there should be "no Delhi-specific announcement in the Union budget.
Congress President Mallikarjun Kharge on Tuesday slammed the Bharatiya Janata Party for inflation, and "senseless" rates of GST ahead of the 2025 budget.
India is on the path of fiscal prudence as the government has spent around 52.5 per cent of the budget estimate (BE) of its deficit in the first seven months of FY25, says a report by the Union Bank of India.
New Delhi [India], January 7: Finding the right life insurance is key to securing your family's financial future. However, with countless policies from numerous providers, identifying the best policy with adequate coverage can take time and effort. Whether you're looking to replace lost inco
Niranjan Hiranandani, after taking part in the pre-budget consultation of Finance Ministry on Monday, lauded the government's approach to addressing industry concerns during a pre-budget meeting with Finance Minister Nirmala Sitharaman.
New Delhi [India], January 6: In today's dynamic world, the way we travel has undergone a profound transformation. The COVID-19 pandemic played a pivotal role in reshaping our work culture, transitioning from a traditional office setting to a work-from-home (WFH) model and eventually to a hy
In their customary pre-budget meeting with Union Finance Minister Nirmala Sitharaman, trade union leaders suggested a super-rich tax and an increase in corporate tax to fund social security for informal workers.
Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, chaired the eighth Pre-Budget Consultation meeting with stakeholders and representatives from trade unions on Monday. The discussion was held in connection with the preparation of the Union Budget 2025-26.