New Delhi: India Saturday set aside Rs 6,81,210 crore as defence outlay for 2025-26 in a marginal increase over the current fiscal's allocation of Rs 6.22 lakh crore amid renewed focus on modernisation of the armed forces in the face of fast-evolving regional security scenario....
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...
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 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 introduce a new Income Tax bill next week to take forward the "trust first, scrutinise later" concept, Finance Minister Nirmala Sitharaman said Saturday. In another major reform move, the minister announced that the Foreign Direct Investment (FDI) in the insurance...
New Delhi: Finance Minister Nirmala Sitharaman Saturday said Rs 1.5 lakh crore will be provided towards 50-year interest-free loans to states, for infrastructure development. Also, an asset monetisation plan will be launched for 2025-30 period to infuse Rs 10 lakh crore capital in new projects....
New Delhi: The fiscal deficit for FY25 has been pegged at 4.8 per cent of GDP and at 4.4 per cent for FY26, Finance Minister Nirmala Sitharaman said Saturday. Presenting the Budget 2025-26, she said net market borrowings are estimated at Rs 11.54 lakh crore...
New Delhi: Finance Minister Nirmala Sitharaman Saturday announced another round of Fund of Funds for Startups scheme with a corpus of Rs 10,000 crore to promote growth of budding entrepreneurs. The announcement assumes significance as the government is focusing on promoting innovation through startups. Department...
By Aakar Patel Attacks on Bengali Christians and their churches have begun following the BJP's victory in the state. Last...
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By Dilip Cherian The Centre appears keen to give young IPS officers early exposure to the workings and priorities of...
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The demonstration by scores of policemen and officers outside the Delhi Police headquarters on 2 November to protest against some...
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More than three years after ethnic violence erupted in Manipur, there is no let-up in the spiral of killings, displacement,...
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