Search For "income"
New tax structure to benefit 5.65 cr taxpayers, will collectively save aro
Updated : 1 year, 1 month ago IST
The new tax structure announced in the Union Budget 2025-26 is expected to benefit around 5.65 crore taxpayers who fall under the income slab of Rs 4 lakh and above.
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Govt earns most from borrowings, spends major share of Budget on interest
Updated : 1 year, 1 month ago IST
India's Union Budget 2025-26 revealed a significant reliance on borrowings, accounting for 24 per cent of the government's income, followed closely by income tax, which contributes 22 per cent to the revenue.
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Push for lower, middle-income households in Budget to roll private investm
Updated : 1 year, 1 month ago IST
The Union Budget 2025's focus on supporting lower- and middle-income households could help revive private investment in the economy, according to a report by HDFC Bank.
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Assam CM Himanta Sarma welcomes Union Budget 2025, hails tax relief for mi
Updated : 1 year, 1 month ago IST
"I welcome the budget presented by Finance Minister Nirmala Sitharaman. I welcome all the proposals, especially the income tax exemption for those earning up to Rs 12 lakh. This is a huge relief to the middle and lower-middle class, and I thank her for this," Sarma said.
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Big tax relief to boost disposable income, stimulate consumption: Experts
Updated : 1 year, 1 month ago IST
Tax experts, industry observers, and banking leaders have lauded the Union Budget 2025-26 for its focus on economic growth, tax relief, and innovation across sectors.
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Union Budget provides big tax relief, push for manufacturing; Congress sa
Updated : 1 year, 1 month ago IST
The Union Budget 2024-25, presented by Union Finance Minister Nirmala Sitharaman in Parliament on Saturday, provided major relief to the salaried class with no income tax on an average monthly income of up to Rs one lakh to boost household savings and consumption with the government also
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Enough guardrails in Budget proposal to enhance FDI limit in insurance sec
Updated : 1 year, 1 month ago IST
She said while the exemption applies up to Rs 12 lakh, the rates across income bands have been reduced, ensuring lower taxes for all.
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Union Education Minister Dharmendra Pradhan lauds historic Budget 2025-26
Updated : 1 year, 1 month ago IST
Union Finance Minister Nirmala Sitharaman presented the Union Budget 2025 in the Lok Sabha outlining a roadmap for India's continued economic expansion, emphasizing agriculture, micro, small, and medium enterprises (MSMEs), investment, and exports.
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"This Budget propels us toward our vision of Viksit Bharat 2047": Ram Moha
Updated : 1 year, 1 month ago IST
Union Minister for Civil Aviation Ram Mohan Naidu welcomed the announcements made in the Union Budget, saying that this Budget propels us toward our vision of Viksit Bharat 2047.
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"Demands from farmer organisations ignored, no mention of MSP": Jairam Ram
Updated : 1 year, 1 month ago IST
"If you talk about farmers, what did they receive? There is no mention of a Minimum Support Price (MSP). There was no mention of a debt waiver by the Finance Minister. There was no mention of improvements in the Pradhan Mantri Fasal Bima Yojana," Ramesh told ANI.
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Budget 2025: One crore middle-income taxpayers to be out of tax net with r
Updated : 1 year, 1 month ago IST
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
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Union Budget: "Thankful to PM Modi and FM Sitharaman for supporting Indian
Updated : 1 year, 1 month ago IST
Union Minister Ashwini Vaishnaw on Saturday expressed his gratitude to Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman for their support towards the growth of Indian Railways, and said that about 100 new Amrit Bharat trains will be manufactured as part of this budgeta
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