Search For "tax"
Govt earns most from borrowings, spends major share of Budget on interest
Updated : 1 year, 3 months 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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Assam CM Himanta Sarma welcomes Union Budget 2025, hails tax relief for mi
Updated : 1 year, 3 months 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, 3 months 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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USIBC welcomes India's Union Budget 2025, says "economic reforms essential
Updated : 1 year, 3 months ago IST
Ambassador Atul Keshap urged India to push for much more ambitious reforms in taxation, regulatory frameworks, and business procedures to enhance the country's global competitiveness and attract greater investment.
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Union Budget provides big tax relief, push for manufacturing; Congress sa
Updated : 1 year, 3 months 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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PM Modi, union ministers congratulate Sitharaman after budget presentation
Updated : 1 year, 3 months ago IST
Finance Minister Nirmala Sitharaman, who announced major tax relief for the middle class in the Union Budget 2025-26 apart from other proposals to boost GDP growth, received warm facilitation from BJP members and party's allies soon after her speech with Prime Minister Narendra Modi also
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Enough guardrails in Budget proposal to enhance FDI limit in insurance sec
Updated : 1 year, 3 months 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, 3 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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"This Budget propels us toward our vision of Viksit Bharat 2047": Ram Moha
Updated : 1 year, 3 months 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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Union Minister Bandi Sanjay Kumar calls Union Budget "truly extraordinary"
Updated : 1 year, 3 months ago IST
Union Minister of State for Home Affairs Bandi Sanjay Kumar described the Union Budget as "truly extraordinary" and said it benefits the poor, middle class, farmers, small traders, and young entrepreneurs.
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Mixed reactions in Himachal over budget: Govt employees welcome tax relief
Updated : 1 year, 3 months ago IST
The Union Budget for the financial year 2025-26, presented by Union Finance Minister Nirmala Sitharaman, has sparked mixed reactions across Himachal Pradesh. While government employees are pleased with the tax relief provisions, apple growers and the state government have expressed deep diss
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GST collections in January soar 12.3 pc to Rs 1.96 lakh crore
Updated : 1 year, 3 months ago IST
Goods and Services Tax (GST) collections in January, in gross terms, were at Rs 1.95 lakh crore, with a yearly jump of 12.3 per cent, according to data from the finance ministry released Saturday.
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