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"Under Congress, people had to pay tax even on Rs 2 lakh...": Chhattisgarh
Updated : 1 year, 5 months 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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"Budget provides relief to salaried middle class": Union Minister Puri lau
Updated : 1 year, 5 months ago IST
"When the Congress was in office, in 2014, if you earned Rs 2.5 lakh (per annum), you had to pay income tax. Now, the figure has gone up to Rs 12 lakh, which is a five times increase. Secondly, if you're earning up to Rs eight lakh, you save Rs 30,000. If you're earning up to Rs 12 lakh,
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JD(U) Sanjay Jha hails budget as 'Major Boost' for Bihar; TMC's Shatrughan
Updated : 1 year, 5 months ago IST
JD(U) MP Sanjay Kumar Jha hailed Budget announcements as a major boost for Bihar, citing a new greenfield airport, Makhana Board, Western Kosi irrigation system, food-processing institute, and taxation relief up to Rs 12 lakhs.
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Over Rs 6.81 lakh crore allocated in Union Budget 2025-26 for MoD, an incr
Updated : 1 year, 5 months ago IST
According to an official release, this allocation is 9.53 per cent more than the Budgetary Estimate of FY 2024-25 and stands at 13.45 per cent of the Union Budget, which is the highest among the Ministries.
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AAP MP Sanjay Singh slams budget, says small traders, middle class left ou
Updated : 1 year, 5 months ago IST
AAP MP Sanjay Singh has expressed disappointment over the Union Budget 2025, stating that small traders have been left out with no tax relief on their income of Rs 12 lakh.
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"Provides feel good factor, to encourage spending": Union Minister Hardeep
Updated : 1 year, 5 months ago IST
Union Minister Hardeep Singh Puri called this year's Union Budget excellent and highlighted the income tax exemption up to Rs 12 lakhs which he said will increase the middle class spending, giving a fillip to the economy.
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Budget allocates Rs 11.21 lakh crore capex for 2025-26, 0.9% higher than 2
Updated : 1 year, 5 months ago IST
This marks a minor 0.9 per cent increase over last year's Budget Estimate of Rs 11.11 lakh crore, but if compared with revised estimate of 2024-25 at Rs 10.18 lakh crore, the budget estimate of 2025-26 is substantially higher.
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Budget 2025 allocates Rs 1 lakh crore Urban Challenge Fund to boost cities
Updated : 1 year, 5 months ago IST
The fund aims to support initiatives under the 'Cities as Growth Hubs' program, focusing on creative redevelopment of cities, water, and sanitation improvements.
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Budget 2025: Pulses Atmanirbharta mission announced, KCC loan limit raised
Updated : 1 year, 5 months ago IST
Aimed at diversifying crops and attaining self reliance or Atmanirbharta, the government is set to launch a six-year pulses mission, with particular focus on tur, urad, and masoor.
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Budget 2025: Government unveils second asset monetization plan worth Rs 10
Updated : 1 year, 5 months ago IST
The Finance Minister, in the Union Budget 2025, has announced the launch of the second Asset Monetization Plan for the period 2025-30.
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"Budget is for Viksit Bharat, PM's resolve to fulfil dream of energetic In
Updated : 1 year, 5 months ago IST
"This budget is for Viksit Bharat and for PM Modi's resolve to fulfil the dream of a new and energetic India. Every sector, be it agriculture, manufacturing, services, infrastructure or innovation, a new map has been drawn after having a proper study of every sector. A great relief has be
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Big relief in TDS deduction on rent from Rs20,000 to Rs50,000 per month
Updated : 1 year, 5 months ago IST
FM said, "The annual limit of Rs 2.40 lakh for TDS on rent is being increased to Rs 6 lakh. This will reduce the number of transactions liable to TDS, thus benefiting small tax payers receiving small payments."
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