Tag: budget
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…
Govt retains borrowing target, to raise Rs 6.61 lakh crore in H2 to fund revenue gap
NEW DELHI: The Centre has retained its borrowing target for the current financial year and plans to raise Rs 6.61 lakh crore through auction of…
Finance ministry to hold pre-budget meetings from October 10; first huddle with renewable energy ministry
The finance ministry will hold the first of a series of its pre-budget meetings on October 10 with the ministry of new and renewable energy,…
FY26 Budget-making process to start in second week of October
Pre-Budget meetings will start in the second week of October and run through the middle of November, the finance ministry said, as it announced the…
India committed to reduce budget deficit over medium term, says Fitch Ratings
Indian government is committed to reducing the budget deficit over the medium term even amid the demands that governing in coalition will impose on the…
Centrally sponsored schemes may be cut to 50 from 75 on Finance Commission recommendations
The government may reduce centrally sponsored schemes (CSS) to 50 from 75 at present by merging some and phasing out those that are no longer…
There needs to be better alignment between patient, hospital, health insurer. The word ‘claim’ is a challenge: Sarbvir Singh, PB Fintech
The regulator needs to talk more about claims, and if proper statistics on claims are distributed by a credible body like Irdai, it would give…
Debt-to-GDP ratio: States can take it easy
New Delhi:The Centre has no immediate plan to ask the states to target steady reduction in debt-to-GDP ratio, which it proposes to transition to, a…
Nirmala Sitharaman: Budget aimed at boosting investments, creating jobs, says Finance Minister Sitharaman
Finance minister Nirmala Sitharaman on Thursday told the Rajya Sabha that the FY25 budget is aimed at promoting investments and creating jobs and has balanced…
taxpayers: Realty LTCG: Taxpayers get to choose regime
The Lok Sabha Wednesday passed the Finance Bill with amendments to long-term capital gains (LTCG) tax rules on property proposed in the budget. This allows…