Local traders in Hyderabad on Sunday expressed their expectations from the upcoming Union Budget, citing mounting challenges due to rising taxes and increasing procurement costs that are impacting small businesses.
Chaitanya explained, "High GST rates have reduced consumers' ability to spend, leading to a noticeable decline in demand. This fall in consumption has directly impacted retail businesses, particularly small traders who depend on steady daily sales." He noted that while the Central Governm
Buoyant revenue streams give the government room to keep capital expenditure spending steady, at about 3.1 per cent of GDP, while continuing on the path of fiscal consolidation, according to a pre-Budget report by ICICI Bank Global Markets.
Housewives across Andhra Pradesh are looking to the upcoming Union Budget for relief from rising household expenses and price pressures. Sushma Kesavarapu, from the Kothapeta constituency, said women managing household finances are expecting a people-friendly budget that eases daily econo
Delhi's Patiala House Court on Saturday allowed Baramulla MP Abdul Rashid Sheikh alias Engineer Rashid to attend the upcoming parliament budget session in custody. Baramulla MP sought an interim bail or custody parole to attend the Parliament Session scheduled to commence from January 28
States' consolidated gross fiscal deficit increased to 3.3 per cent of gross domestic product (GDP) in 2024-25, after remaining below 3.0 per cent during the previous three consecutive years, Reserve Bank's annual publication "State Finances: A Study of Budgets" noted.
Parliamentary Affairs Minister Kiren Rijiju has called an all-party meeting at 11 am on January 27 to discuss key national issues and legislative business ahead of the Budget Session, according to sources.
Giving percentage of funds shared from the Union budget, Tagore said that during 2004-2014, under the United Progressive Alliance (UPA), Tamil Nadu received 5 per cent of the Union budget's pool, whereas from 2014-2025, the state only got around 4.08 per cent. This is despite the fact tha
Dharmakirti Joshi, Chief Economist at Crisil, stated that the budget is being prepared under a favourable growth and inflation scenario, though global uncertainty and volatility remain key considerations for the government.
Speaking with ANI on the expectations from the Union Budget 2026, Arora said, "From a duty standpoint, there could be some tweaking that happens on the customs duty. We may have to make concessions on goods coming in from the United States and provide concessions as well. So there will be
Assam Legislative Assembly Secretariat stated that - "In exercise of the powers conferred under Article 174(1) of the Constitution of lndia, as amended up-to-date, I, Shri Lakshman Prasad Acharya, Governor of Assam, hereby summon the Budget Session (Vote on Account) of the Assam Legislati