Economy

The leather exports (CLE) said on Sunday that the announcement to launch a concentrated product plan for footwear and leather areas would increase productivity, competitiveness and exports by more than Rs 1.1 lakh crore. CLE said the scheme would support the design capacity, component manufacturing and machinery required for the production of quality footwear made … Read more

In the budget of FY26, the high expectations of investors on Infrastructure Capex were not met. The total capex has increased by 11% and only 5% compared to the budget estimates (BE) of FY25. However, the allocation for metro rail in FY26 is 35% and 19% higher than the FY25 BE/Re, respectively, the allocation for … Read more

The Congress has strongly criticized the Union Budget. The main opposition party described it as focused on efforts to woo 3.2 crore middle class taxpayers of the country and 7.65 crore voters in Bihar. Elections will be held in Bihar later this year. The party said that the rest of India has been given much … Read more

Moving the current tradition of targeting fiscal deficit, Finance Minister Nirmala Sitharaman has prepared a new blueprint to reduce the loan and GDP ratio with the help of the treasury as expected. The 6 -year action plan by FY 2031 aims to bring the loan and GDP ratio within 47.5 to 52 percent, which is … Read more

Finance Minister Nirmala Sitharaman on Saturday said that drug, leather, motorcycle, basic customs including drugs, leather, motorcycles, some definite minerals including drugs, leather, motorcycles, some certain important minerals to strengthen domestic manufacturing and increase exports Cut into However, customs duty has been reduced on 37 items including car, stainless steel, cycle, solar cell. Also, agricultural … Read more

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