New Delhi: Finance Minister Nirmala Sitharaman Sunday proposed to reduce the tax collection at source (TCS) rate to 2 per cent for education and medical purposes under Liberalised Remittance Scheme (LRS) as well as on sale of overseas tour program package. Presenting the Union Budget...
New Delhi: The Union government Sunday announced plans to promote astrophysics and astronomy, as well as boost telescope facilities in the country. Union Finance Minister Nirmala Sitharaman said this while presenting her ninth consecutive Union Budget in the Parliament. “Four telescope infrastructure facilities to be...
New Delhi: Building on the success of the Lakhpati Didi scheme, community-owned retail shops will be set up for the women entrepreneurs from self-help groups, Finance Minister Nirmala Sitharaman said Sunday. Presenting the Union Budget in the Lok Sabha, the minister called it the "next...
New Delhi: The government Sunday set aside Rs 7,84,678 crore as defence outlay for 2026-27 as against last year's allocation of Rs 6,81,210 crore. The total capital outlay has been pegged at Rs 2,19,306 crore The revenue expenditure has been put at Rs 5,53,668 crore...
New Delhi: Indian Coast Guard Director General Paramesh Sivamani extended his greetings to all ranks of the force, veterans and their families, on the 50th Raising Day, recognising their tireless service and sacrifice. The ICG is celebrating its 50th Raising Day Sunday, marking five decades...
New Delhi: The Congress Sunday said the Union Budget was "totally lacklustre" and fell woefully short of the hype that was generated around it. Congress general secretary, Communications, Jairam Ramesh said the budget speech given by Union Finance Minister Nirmala Sitharaman was also "non-transparent" as...
New Delhi: Finance Minister Nirmala Sitharaman Sunday announced an extension of basic customs duty exemption on capital goods used for manufacturing lithium-ion cells for battery storage in the annual budget for the next financial year. In her budget speech, she also proposed to exclude the...
New Delhi: Finance Minister Nirmala Sitharaman Sunday proposed duty-free imports of certain specified inputs for promoting the country's exports of leather. The move will help provide a cushion to leather exporters who are reeling under the steep 50 per cent US tariffs. The country's leather...
New Delhi: Finance Minister Nirmala Sitharaman Sunday proposed tax holiday till 2047 for foreign companies that provide cloud services to customers worldwide by using data centres in the country. The tax holiday will be extended to the entities concerned, subject to certain conditions. In the...
New Delhi: The government's flagship Khelo India programme to scout grassroots-level sporting talent is set to get a boost with Finance Minister Nirmala Sitharaman Sunday proposing the launch of a Khelo India mission to also focus on systemic development of training centres and coaches over...
The fresh Indo-US trade deal announced by US President Donald Trump 2 February will see American tariffs on Indian goods...
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China’s President Xi Jinping now finds himself in an enviable position enjoying kind of a special superpower status as countries,...
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For an economy plagued by multiple ailments – a daily depreciating currency, growing household debt, high unemployment and inequality, exodus...
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By Aakar Patel As a democratic society, it is expected that India’s authorities follow the rule of law. This includes...
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