Union Finance Minister Nirmala Sitharaman, along with his team of top officials, highlighted the specifics of the budget of FY 2025-26 at a press conference with his team. During this, he spoke on many issues like tax simplification path, emphasis on capital expenditure. When will the new tax bill be passed? Finance Minister: Any bill … Read more
Finance Minister Nirmala Sitharaman announced the introduction of the Export Promotion Mission by allocation of Rs 2,250 crore. Its purpose is to increase India’s export competition at a time when protectionism and uncertainty are increasing globally. The Department of Commerce under the mission, micro, small and medium enterprises (MSME) will set export targets to various … 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 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
Budget 2025: Finance Minister Nirmala Sitharaman, while presenting the budget 2025-26 in Parliament today, said that India Post will be reorganized to make the rural economy a catalist. Under this, 1.5 lakh rural post offices, 2.4 lakh postal servants and India Post Payment Bank will play the major role. He informed that India Post will … Read more
Budget 2025 Highlights: Today, Union Finance Minister Nirmala Sitharaman introduced in Parliament, which made major announcements in areas like education, employment, startups, agriculture and health. This budget is not only going to give a new pace to the country’s economy, but also promises to bring a big change in the lives of common people. Announcements … Read more
Living in cities has become much more expensive than before. Now a large part of the average urban earnings goes to the rent of the house. According to the domestic consumption expenditure survey 2023-24, the fare share in the total consumption expenditure has increased to 6.58 percent. In all the surveys conducted after changing the … Read more
Economic review has emphasized the need to create a new strategic trade plan for India in the economic review due to increasing uncertainty with protectionism amid changes coming in global trade dynamics. It states that India will have to remain competitive to deal with the situation and increase its participation in the global supply chain. … Read more
India will have to achieve an average of about 8 percent on an average continuously for the next one or two decades to achieve the goal of becoming a developed nation by the year 2047. The assessment has been introduced in the Economic Review 2024-25 released on Friday. It said, ‘To reach this growth rate, … Read more
Chief Athronic Advisor V Anant Nageswaran said today that when Vaulas is not getting benefits, India needs to rely on domestic factors to speed up the growth of the economy and for this the burden of regulations will have to be reduced. . Addressing the press conference on the Economic Review 2024-25, Nageswaran said, “Regulations … Read more