Rajya Sabha on Monday took up discussion on the Union Budget with senior Congress leader and former Finance Minister P Chidambaram slamming Union Budget 2024-25 saying that tax proposals not only benefit the middle class but also the rich and richest.
Finance minister Nirmala Sitharaman on Saturday announced zero tax on income of up to Rs 12 lakh. The union government will forego a revenue of Rs 1 lakh cr because of this cut.
Union Budget raising the income tax exemption limit to Rs 12 lakh is expected to give a big boost to the demand of 2-wheelers (2Ws) and passenger vehicles (PVs) according to a report by the global brokerage firm Jefferies.
As the Union government gears for the Union Budget 2025-26, players in electric Vehicles (EVs) have urged Finance Minister Nirmala Sitharaman to introduce transformative reforms that enhance affordability, infrastructure, and innovation in the sector to tackle both manufacturing and consumer
Ahead to the Union Budget 2025, industry stakeholders are expecting reforms that will propel the healthcare sector. The industry want increased government support to address critical challenges in the sector.
The second term of Donald Trump, often referred to as "Trump 2.0," could bring heightened volatility to global stock and bond markets, highlighted a report by LLama Research.
Harris, the Democratic presidential candidate for President said that Trump intends to give tax cuts to billionaires and big corporations, gut Social Security and Medicare and repeal the Affordable Care Act
According to S&P Global Commodity Insights, however, industry insiders suggest that this move may not significantly stimulate domestic automotive fuel sales amid a subdued economic environment.
New Delhi [India], January 24: With the Union Budget 2024 just around the corner, India Inc. is expecting significant announcements, including tax cuts, incentives and fiscal stimulus to drive the country's economic growth. The budget will be tabled by the Union Finance Minister, Nirmala
The move has sparked outrage among public health officials and anti-tobacco groups, who are dismayed by the decision to abandon the ban to finance tax cuts.
China's GDP expanded by only 0.8 per cent in the second quarter of this year, a sharp decline from the meagre 2.2 per cent growth it had in the first three months of 2023. According to CNN, there has been a decline in consumer spending, a decline in the property market, and an increase in th
The higher spending, tax cuts and supportive policies announced in India's Budget for 2023-24 are expected to support sustained demand growth and improve the longer-term prospects for corporates.