NEW DELHI: Finance minister Nirmala Sitharaman in the Union Budget for 2025 allocated Rs 6.81 lakh crore to the defence sector, marking a marginal increase from the Rs 6.2 lakh crore assigned in the current fiscal year.Of the total allocation, Rs 4.88 lakh crore has been earmarked for revenue expenditure, covering salaries, operational costs, and…
NEW DELHI: Union finance minister Nirmala Sitharaman on Saturday presented the Union Budget for the fiscal year 2025-26, marking her eighth consecutive budget speech, setting multiple records in India’s financial history.Sitharaman presented her speech for the Modi 3.0 full Budget wearing a Madhubani art saree created by Padma awardee Dulari Devi. The speech lasted 1…
In a stirring address while presenting the Union Budget 2024, Finance Minister Nirmala Sitharaman invoked the timeless wisdom of literary greats Gurajada Appa Rao and the ancient Tamil text Thirukkural to underscore the government’s vision for Viksit Bharat. Opening her speech with a profound quote from the revered Telugu poet and playwright Gurajada Appa Rao,…
NEW DELHI: Finance minister Nirmala Sitharaman on Saturday gave a big bonanza to the salaried people as she announced income tax exemption for individuals earning up to Rs 12 lakh annually.“I am now happy to announce that there will be no income tax payable up to income of Rs 12 lakh (i.e. average income of…
NEW DELHI: Union finance minister Nirmala Sitharaman on Saturday presented her eighth consecutive budget, emphasising the middle class, national growth, and infrastructure. During her speech, Sitharaman said that the government reaffirmed its commitment to achieving ‘Viksit Bharat‘ by eliminating poverty, ensuring quality education, and providing affordable and comprehensive healthcare.While addressing the Parliament, Sitharaman quoted renowned…
NEW DELHI: Union finance minister Nirmala Sitharaman presented the Union Budget 2025-26 on Saturday, highlighting the government’s commitment to uplifting the poor (garib), youth, farmers (annadata), and women (nari).She further asserted that the budget will drive “transformative reforms” across six key sectors—taxation, urban development, mining, financial sector, power, and regulatory reforms.Hon’ble Speaker, I present the…
NEW DELHI: Finance minister Nirmala Sitharaman on Saturday announced a range of tax reforms for the common people and the business owners, including the new tax regime, rationalistaion of TDS and TCS along with reforms to ensure enhanced ease in doing in business.The finance minister said that the tax proposals were driven by income tax…
NEW DELHI: Finance minister Nirmala Sitharaman presented her eighth consecutive Union Budget on Saturday. This brings her closer to the record of 10 budgets presented by former Prime Minister Morarji Desai, who holds the record for the most budgets presented across different terms. She is also the first woman to serve as a full-time finance…
NEW DELHI: Finance minister Nirmala Sitharaman on Saturday announced that 50,000 Atal Tinkering Labs will be established over the next five years to encourage scientific thinking among students. While presenting the 14th consecutive budget under the Narendra Modi government, she also said that five national centers for skilling will be set up with global expertise….
NEW DELHI: Finance Minister Nirmala Sitharaman, while presenting the Union Budget 2025-26, outlined an ambitious roadmap aimed at sustaining India’s rapid economic growth. The budget prioritizes agriculture, micro, small, and medium enterprises (MSMEs), investment, and exports, positioning them as key drivers of job creation, self-reliance, and enhanced global competitiveness. A budget for growth and inclusion…
