In Union Budget for 2025-26 income tax exemption limit has been extended from Rs 7 lakh to Rs 12 lakh, providing significant relief to taxpayers, especially the middle class.
The quick commerce sector will be a key beneficiary of the income tax cut announced in the Union Budget 2025, as it will trigger strong consumption growth among middle-class consumers, an ICICI Securities report anticipated.
Noting that this year's Union Budget paves the way for a stronger workforce and a growing economy, Prime Minister Narendra Modi on Wednesday said that the country's education system is going through a massive transformation
He highlighted the Union Budget 2024-25's vision for India's nuclear power expansion, which sets a target of achieving 100 GW by 2047, a statement from the release stated.
The increased disposable income after the rate cut announcements in the Union Budget 2025 will push the sales growth of the quick-service restaurant (QSR) sector from the first quarter of Financial Year 2026, Goldman Sachs said in a report.
India's domestic demand is expected to remain resilient, supported by the personal income tax concessions announced in the 2025 Union budget and the repo rate cut initiated by the Reserve Bank of India, S&P Global Market Intelligence said in a note.
According to an official release from the Ministry of Ports, Shipping and Waterways, these initiatives were launched during a stakeholder meeting in Mumbai on Thursday to discuss various possibilities from the major announcements made in the Union Budget for the maritime sector.
Gurgaon (Haryana) [India], February 27: The Union Budget 2025-26 has made bold moves in reshaping India's insurance sector and income tax regime, ensuring broader financial inclusion, economic growth, and relief for individuals and businesses alike. With an ambitious push towards 'Insurance
Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal will chair a high-level industry consultation in Mumbai on Thursday. The event will bring together industry leaders, government officials, and stakeholders to discuss key maritime sector announcements from Union Budget 202
New Delhi [India], February 26: The Indian tax system can often feel complex, with multiple laws and exemptions and a clear understanding of these can make a significant difference in one's earnings. This is especially true in the case of capital gain tax, where taxpayers are mandated to pay
New Delhi [India], February 25: The finance minister, Nirmala Sitharaman, has presented the first full-fledged budget of the Modi 3.0 government. The 2025-26 budget has been presented amidst two big concerns: the growing uncertainty in the global economy and hence in the export sector, and a
Union Minister Mansukh Mandaviya addressed a press conference at the BJP headquarters in Jaipur and presented his views on the Union Budget 2025-26. Speaking to the reporters, Mandaviya stated that the budget which were presented before was a medium to make announcements; however, since 2