Business

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...

New Delhi: Finance Minister Nirmala Sitharaman Saturday proposed to extend duty exemptions on capital goods used in the production of lithium-ion batteries. The move is aimed at aiding domestic manufacturing of lithium-ion batteries, a key component in electric vehicles and mobile phones. "To the list...

New Delhi: Finance Minister Nirmala Sitharaman Saturday announced extension of the time limit for filing updated returns for any assessment year. The time limit is proposed to be extended from the current two years to four years. Presenting the 14th consecutive Budget under the Narendra...

New Delhi: The government will set up an Urban Challenge Fund of Rs 1 lakh crore to finance up to 25 per cent of bankable projects and allocated Rs 10,000 crore for 2025-26, Finance Minister Nirmala Sitharaman said Saturday. She said the fund will be...

New Delhi: Finance Minister Nirmala Sitharaman Saturday announced a slew of steps to boost atomic power in the country with a Rs 20,000-crore Nuclear mission, roping in private players by amending legal framework and development of five small modular reactors indigenously. Presenting her record eighth...