Business

New Delhi: Individuals having an annual income of Rs 24 lakh or more can hope to save of Rs 1.10 lakh in income tax, while those earning Rs 12 lakh will have to pay no tax, benefiting to the tune of Rs 80,000 from next...

New Delhi: If budgetary proposals are anything to go by, the decadal census is unlikely to be carried out in 2025 as well with a meagre Rs 574.80 crore allocated for the exercise in the Budget presented Saturday. A meeting of the Union Cabinet December...

New Delhi: For every rupee in the government coffer, the biggest pie of 66 paise will come from direct and indirect taxes, according to the Union Budget 2025-26 documents. Around 24 paise will come from borrowings and other liabilities, 9 paise from non-tax revenue like...

New Delhi: In a historic move, Finance Minister Nirmala Sitharaman presented her 8th consecutive Union Budget Saturday, with a focus on driving growth through four key sectors: Agriculture, MSMEs, Investment, and Exports. In a major relief for taxpayers, Sitharaman announced that individuals earning up to...

New Delhi: Union Health Ministry has been allocated Rs 99,858.56 crore in the Budget 2025-2026, an around 11 per cent hike over the Rs 89,974.12 crore in the budget (revised estimates) of 2024-2025 with the government announcing setting up daycare cancer centres at all district...

New Delhi: Finance Minister Nirmala Sitharaman Saturday presented Union Budget 2025-26, envisaging an expenditure of Rs 50,65,345 crore, an increase of 7.4 per cent over the current fiscal. The 2024-25 expenditure (Revised Estimates) is Rs 47.16 lakh crore. According to Budget documents, Rs 5,41,850.21 crore...

New Delhi: The Union Budget 2025-26 has allocated more than Rs 1,400 crore to the law ministry to meet carry forward expenditure for holding the 2024 Lok Sabha elections and purchase of new electronic voting machines for the Election Commission. The legislative department in the...

New Delhi: The Department of Social Justice and Empowerment has received Rs 13,611 crore in the Union Budget announced Saturday, while the allocation for disability welfare now stands at Rs 1,275 crore. This is a 35.75 per cent rise in allocation over the revised estimate...

New Delhi: Infrastructure expansion at the five new IITs to facilitate 6,500 more students, 10,000 new medical seats and a big Artificial Intelligence push. These are among the big announcements made by the government for the education sector in the 2025-26 budget. The Ministry of...

New Delhi: The government Saturday announced to set up a National Manufacturing Mission to further promote Make in India initiative. The Mission's mandate will include five focus areas ease and cost of doing business; future ready workforce for in-demand jobs; a vibrant and dynamic MSME...