Tag: budget

Budget 2025: Date, time & other key details announced; here's what makes it a special day for markets
Posted in Economy

Budget 2025: Date, time & other key details announced; here’s what makes it a special day for markets

Finance Minister Nirmala Sitharaman will present the Union Budget on February 1 for the 2025-26 financial year. This would be the second full budget of…

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Budget 2025: States to get more funds for disaster relief via interest-free loan scheme
Posted in Economy

Budget 2025: States to get more funds for disaster relief via interest-free loan scheme

States will be eligible for additional targeted allocations for disaster-related programmes through a 50-year, interest-free loan scheme, officials aware of the matter told ET.This will…

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Govt seeks Parliament nod for Rs 44,143 crore extra spending in FY25
Posted in Economy

Govt seeks Parliament nod for Rs 44,143 crore extra spending in FY25

New Delhi: The government on Thursday sought Parliament’s nod for additional net expenditure of Rs 44,143 crore in the current fiscal, mainly on account of…

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Budget 2025 needs to boost infrastructure spending for GDP growth
Posted in Economy

Budget 2025 needs to boost infrastructure spending for GDP growth

As the Union Budget 2025 approaches, leading experts are calling for a significant increase in infrastructure spending to catalyse India’s economic growth. The government is…

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Economists bat for new manufacturing policy, private investments push in pre-budget meet with FM Sitharaman
Posted in Economy

Economists bat for new manufacturing policy, private investments push in pre-budget meet with FM Sitharaman

New Delhi: Economists on Friday rooted for a comprehensive manufacturing policy and steps to further bolster private investments when they met finance minister Nirmala Sitharaman…

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Industry bodies have asked the finance ministry to simplify the rates of tax deducted at source (TDS) as the Union Budget will be presented in February next year(Representational Image/Pixabay)
Posted in Business

Industry bodies ask finance ministry to ease TDS rates for Union Budget 2025: Report

Industry bodies have asked the finance ministry to simplify the rates of tax deducted at source (TDS) for the Union Budget, which will be presented…

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Elon Musk, chief executive officer of Tesla Inc., left, and former US President Donald Trump, prior to a campaign event at the Butler Farm Show in Butler, Pennsylvania, US.(Bloomberg)
Posted in Business

‘Your money is being wasted’: Elon Musk says he can cut $2 trillion from US federal budget

Elon Musk claimed he can eliminate at least $2 trillion from the federal budget, laying out his vision for substantial government spending cuts if Donald…

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Posted in Economy

Capex loan to states may be 20% lower than Budget estimates

New Delhi: The government expects disbursement of interest-free, long-term loans to states for capital expenditure to be 15-20% lower than the budget estimate for fiscal…

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FinMin seeks expenditure proposals for supplementary demands for grants
Posted in Economy

FinMin seeks expenditure proposals for supplementary demands for grants

New Delhi: The finance ministry has sought expenditure proposals for the first batch of supplementary demands for grants from various ministries and departments ahead of…

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Income tax simplification hopes rise as feedback process nears rollout; Budget 2025 may bring big news on direct tax laws
Posted in Economy

Income tax simplification hopes rise as feedback process nears rollout; Budget 2025 may bring big news on direct tax laws

Income Tax reform: Expectations are rising that India might finally see the long-awaited simplification of its direct tax laws in the coming budget. According to…

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