Business

New Delhi: The government Saturday announced a focused product scheme for footwear and leather sectors to enhance its productivity, quality and competitiveness. Finance Minister Nirmala Sitharaman said the scheme will support design capacity, component manufacturing, and machinery required for the production of non-leather quality footwear....

New Delhi: Prime Minister Narendra Modi Saturday lauded the Union Budget, presented by Finance Minister Nirmala Sitharaman, as a "people's budget" that puts more money in the hands of people and said it is a force-multiplier that will increase investments and lead to growth. In...

Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi Saturday said the "zero income tax" up to Rs 12 lakh per annum, as proposed in the Union Budget 2025-26, is a visionary step and will empower citizens and strengthen the economy. The Budget gave a relief to...

New Delhi: New and emerging technologies were in focus in the Union Budget, as Finance Minister Nirmala Sitharaman announced a national framework for Global Capability Centres (GCCs), Rs 500-crore Centre of Excellence in AI for education, and said a deep tech 'Fund of Funds' will...

New Delhi: The Union Budget 2025-26 has allocated Rs 26,889.69 crore to the Ministry of Women and Child Development (WCD), an increase from the revised estimate of Rs 23,182.98 crore in 2024-25. Of the entire outlay, one of the biggest allocations is for Saksham Anganwadi...

New Delhi: Finance Minister Nirmala Sitharaman Saturday unveiled 'transformative' tax reforms that ranged from a simpler income tax law to a higher TCS threshold for remittances and income tax benefits for middle class. Sitharaman in 2025-26 Budget promised to bring a simpler, less voluminous new...

New Delhi: Finance Minister Nirmala Sitharaman Saturday announced six new schemes and increased the subsidised Kisan Credit Card (KCC) loan limit to Rs 7 lakh from Rs 5 lakh, targeting everything from unemployment to crop productivity enhancement across the country. Presenting her eighth budget speech...

Mumbai: The domestic stock market Saturday saw significant fluctuations after Finance Minister Nirmala Sitharaman presented the Union Budget 2025-26. Following an initial rise, both the BSE Sensex and NSE Nifty were trading in the red. The BSE Sensex dropped by 455 points and Nifty fell...

New Delhi: Finance Minister Nirmala Sitharaman Saturday proposed to fully exempt customs duty on 36 drugs used in the treatment of cancer, rare diseases and other severe chronic diseases. The government had earlier cut customs duties on Trastuzumab Deruxtecan, Osimertinib and Durvalumab from 10 per...

New Delhi: Finance Minister Nirmala Sitharaman Saturday announced revised tax slabs under the new tax regime in the Union Budget 2025, aiming to provide relief to taxpayers while ensuring economic stability. BREAKING: Major tax relief for middle class in Union Budget. No income tax upto...