With the Union Budget for FY26 scheduled to be presented on February 1, 2025, a report by Goldman Sachs underlined two key concerns for policymakers, the pace of fiscal consolidation and the government's spending priorities.
As the Union Budget approaches, leaders from the real estate industry have voiced their expectations, focusing on measures to revive affordable housing, streamline regulations, and enhance market demand.
India's industrial sector is expected to grow at a slower pace of 6.2 per cent in FY25 compared to 9.5 per cent in FY24, as per advance estimates, primarily due to the base effect and a subdued manufacturing performance in the first half, according to Bank of Baroda report.
Government's policy support in the upcoming Union Budget 2025 could play a key role in boosting India's economic growth to approximately 7 per cent in FY26, from an expected 6.3 per cent in FY25, says a report by SBI Mutual Fund.
The upcoming union budget 2025-26 should focus on giving personal tax relief to common taxpayers by raising the basic exemption limit in the new tax regime from Rs 3 lakhs to Rs5 lakhs and reducing tax rates, suggests global consulting and professional services firm Ernst & Young India (
Chief Election Commissioner Rajiv Kumar on Tuesday said that the poll body will issue an instruction to the Cabinet Secretary that there should be "no Delhi-specific announcement in the Union budget.
Congress President Mallikarjun Kharge on Tuesday slammed the Bharatiya Janata Party for inflation, and "senseless" rates of GST ahead of the 2025 budget.
Niranjan Hiranandani, after taking part in the pre-budget consultation of Finance Ministry on Monday, lauded the government's approach to addressing industry concerns during a pre-budget meeting with Finance Minister Nirmala Sitharaman.
In their customary pre-budget meeting with Union Finance Minister Nirmala Sitharaman, trade union leaders suggested a super-rich tax and an increase in corporate tax to fund social security for informal workers.
Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, chaired the eighth Pre-Budget Consultation meeting with stakeholders and representatives from trade unions on Monday. The discussion was held in connection with the preparation of the Union Budget 2025-26.
The Confederation of Indian Industry (CII) has called for a range of measures to be included in the upcoming Union Budget announcements, including an integrated National Employment Policy, policy support for employment generation, implementation of Labour Codes, and increased participation o
The availability of raw materials at international competitive prices, removal of import duty from the cotton fibre of all varieties, and cotton price stabilization fund scheme are among the major demand of Indian Textile & Apparel Industry ahead of the Union Budget 2025-26.