ConnectBiz Team 
In the general budget, many gifts have been given to micro, small and medium entrepreneurs (MSMEs). The business and investment limit fixed for these entrepreneurs with guarantee to increase the availability of loans to their definition has been increased. Also, a credit card has been announced for micro entrepreneurs. Provisions have also been made in … Read more
Customs have been cut on the major input as well as solar cells and modules for the manufacture of electric vehicles (EV) batteries. In this way, the budget emphasizes on making the manufacturing price chain more domestic for the major areas of the country’s energy change. During the budget speech, Finance Minister Nirmala Sitharaman said … Read more
The central government has announced several tax incentives to promote capital raising activities at the Gift City International Financial Service Center (IFSC) in Gujarat. These include increasing sunset clause by 5 years, encouragement for mutual fund transfer and giving relief to foreign portfolio investors (FPIs) trading in foreign derivatives (ODIs). Several tax concessions related to … Read more
On 1 February 2025, when Finance Minister Nirmala Sitharaman presented the budget, there was a stir in the stock market. Shares of Consumer Durables companies made such a jump that everyone was just watching. Analysts of CLSA and UBS have indicated a great future for this sector. CLSA announcement: Now will come in durables! Indrajit … Read more
Finance Minister Nirmala Sitharaman, while presenting the budget on Saturday, gave a special gift to the footwear and leather sector of the country. He announced that a focused scheme would be launched to promote this sector, which will increase employment opportunities in this industry and also strengthen exports. Along with this, steps will also be … Read more
Union Budget 2025-26: Finance Minister Nirmala Sitharaman presented the Union Budget for FY 2025-26 today. This was the eighth consecutive budget of Nirmala Sitharaman. The biggest announcement of this time was to change the INMM tax system. Now there will be no income tax on the annual income of up to Rs 12 lakh. This … Read more
Budget Stock Market: Union Finance Minister Nirmala Sitharaman introduced Budget 2024 on Saturday (01). This time the budget focused on strengthening the growth along with increasing the power to spend the middle class. The budget on the market was almost flat and the BSE Sensex closed at 77,506 with a slight increase of 0.01%. The … Read more
Budget 2025: The second budget of the third term of the Modi government ended the wait for the common people for a long time. Finance Minister Nirmala Sitharaman (NIRMALA) spoke of installing four engines in a growth car for a visit to ‘developed India’. The way he showered reliefs on taxpayers, it is clear that … Read more
If you invest in fixed deposits (FD), then this budget has brought great relief for you. In Budget 2025, Finance Minister Nirmala Sitharaman has announced to increase the tax exemption limit on interest income of fixed deposits. Now the TDS limit for ordinary citizens has been increased from Rs 40,000 to Rs 50,000. That is, … Read more
After a brilliant performance in the recent quarter, Adani Port is ready to make a long jump once again. Brokerage firm Motilal Oswal Financial Services has given a target of ₹ 1,400 in the long term recommending ‘bye’ on this. Looking at the current price ₹ 1,082, it is likely to increase by about 29%. … Read more