16:22
Bihar Chief Minister Nitish Kumar
Bihar Chief Minister Nitish Kumar on Saturday lauded the Union Budget, stating that it would help in accelerating the development of the state. The JD-U supremo asserted that announcements for the state, like a Makhana board and greenfield airports, did address the future needs of Bihar...
15:20
Prime Minister Narendra Modi on Saturday lauded the Union Budget, presented by Finance Minister Nirmala Sitharaman, as a people's budget that puts more money in the hands of people and said it is a force-multiplier that will increase investments and lead to growth. In televised remarks on...
15:10
Illustration: Dominic Xavier/Rediff.com
Having missed the target for the current financial year, Finance Minister Nirmala Sitharaman on Saturday proposed to spend Rs 11.21 lakh crore towards capital expenditure (capex) for FY26. However, the capex target is going to be missed by about 93,000 crore for the current financial...
14:37
Home Minister Amit Shah
Union Home Minister Amit Shah on Saturday said the 2025-26 Union Budget 2025 is a blueprint of the Modi government's vision for building a developed country and that the middle class is always in Prime Minister Narendra Modi's heart. Shah said the Budget covers every section from farmers to...
14:12
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The government on Saturday allocated Rs 6,81,210 crore for the defence budget for 2025-26, up from last year's outlay of Rs 6,21,940 crore. The total capital outlay has been pegged at Rs 1,92,387 crore. The revenue expenditure has been put at Rs 4,88,822 crore, including Rs 1,60,795 crore...
13:58
More than Rs 334 crore has been allocated to the personnel ministry for the next fiscal to train government employees, both in the country and abroad, and augment necessary training related to infrastructure, according to the Union Budget 2025-26 presented by Finance Minister Nirmala Sitharaman...
13:28
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Finance Minister Nirmala Sitharaman on Saturday said a Maritime Development Fund with a corpus of Rs 25,000 crore will be set up for long-term financing for the maritime industry. Presenting the Budget for 2025-26, Sitharaman said the amount will be used to support and promote competition....
13:06
Finance Minister Nirmala Sitharaman on Saturday announced the removal of import duties on 12 critical minerals, lithium-ion batteries scrap, cobalt products, LED, zinc and 36 drugs for cancer and rare diseases. Presenting her eighth straight budget, Sitharaman also proposed not to levy more...
12:39
The stock markets have reacted negatively to Finance Minister Nirmala Sitharaman's Budget 2025.Within 30 minutes of the Budget speech, the BSE Sensex was down by 278 points while the NSE Nifty was down by 98 points.
12:31
Finance Minister Nirmala Sitharaman on Saturday announced extension of the time limit for filing updated returns for any assessment year. The time limit is proposed to be extended from the current two years to four years. Presenting the 14th consecutive Budget under the Narendra Modi...
12:27
Finance Minister Nirmala Sitharaman has announced that no income tax will be levied on income of up Rs 12 lakh under the new tax regime. The 'nil tax' slab up to Rs 12.00 lakh (Rs 12.75 lakh for salaried tax payers with standard deduction of 75,000).Slabs and rates being changed across the...
12:17
With announcing the tax relief, Nirmala Sitharaman said she has commended the budget to the house.That brings an end to the finance minister's budget speech, which lasted for 70 minutes.
12:10
Personal income tax reforms with special focus on middle class, announced Finance Minister Sitharaman.Rationalisation of TCS, voluntary compliance, TDS to be rationalised by reducing rates, the threshold amount to be reduced, she said.As part of this, TDS limits have been doubled from Rs 50,000...
12:06
The fiscal deficit for FY25 has been pegged at 4.8 per cent of GDP and at 4.4 per cent for FY26, Finance Minister Nirmala Sitharaman said on Saturday. Presenting the Budget 2025-26, she said net market borrowings are estimated at Rs 11.54 lakh crore for next fiscal year. The finance...
11:59
36 lifesaving drugs and medicines to be added to the list of medicines fully exempted from basic customs duty. 37 more medicines and 13 new patient assistance programmes to be fully exempted from basic customs duty (where they are supplied free of cost to patients).
11:56
Finance Minister Nirmala Sitharaman on Saturday said the government will arrange identity cards and registration on the e-Shram portal to assist 1 crore gig workers. Presenting the Union Budget 2025-26, the finance minister also said a scheme for the socio-economic upliftment of urban...
11:54
Government to introduce new Income Tax bill next week in Parliament to take forward 'trust first, scrutinise later' concept, Finance Minister Sitharaman announced in Parliament.
11:49
Top 50 tourist destination sites in the country to be developed in partnership with states through a challenge mode.MUDRA loans for homestays to be provided Special focus on destinations related to the life and times of Lord Buddha.Medical Tourism and Heal in India to be promoted in partnership...
11:48
Finance Minister Nirmala Sitharaman on Saturday announced another round of Fund of Funds for Startups scheme with a corpus of Rs 10,000 crore to promote growth of budding entrepreneurs. The announcement assumes significance as the government is focusing on promoting innovation through...
11:46
100 percent FDI has been approved for the insurance sector, and this will be allowed for companies that invest the entire premium collected in India, Finance Minister Sitharaman has announced.
11:43
Finance Minister Nirmala Sitharaman on Saturday announced enhancing the limit for interest subvention scheme for Kisan Credit Cards from Rs 3 lakh to Rs 5 lakh. Presenting the 14th consecutive Budget under the Narendra Modi government since 2014, Sitharaman also said the government will...
11:42
The government will launch a Rs 2-crore term loan for 5 lakh first-time women, SC and ST entrepreneurs, Finance Minister Nirmala Sitharaman said on Saturday. Presenting the Union Budget for 2025-26, the finance minister also said a manufacturing mission will be set up for SME and large...
11:40
Finance Minister Nirmala Sitharaman on Saturday said a focused scheme will be launched for the footwear and leather sectors while steps will be initiated to make India a global toy manufacturing hub. The government will also launch a mission to support clean technology manufacturing...
11:38
Charting development across various sectors, a modified UDAN scheme to be launched to enhance regional connectivity to 120 new destinations and carry 4 crore passengers in next 10 years, Finance Minister Sitharaman announced.A maritime development fund with a corpus of Rs. 25,000 crore to be set...
11:35
The government had announced artificial intelligence for agriculture, health, sustainable cities. Now a centre of excellence for AI in education to be set up with outlay of Rs 500 cr, Finance Minister Sitharaman announced.
11:33
National Institute of Food Technology, Entrepreneurship and Management to be set up in Bihar to provide a strong fillip to food processing activities in the entire Eastern region.
11:32
Broadband connectivity to be provided to all government secondary schools and primary healthcare centres, announces Finance Minister Sitharaman.
11:31
The Budget continues the government's efforts to: a) Accelerate Growth b) Inclusive Development c) Private Sector Investments d) Uplift Household sentiments e) Enhance the spending power of India's rising middle-class, Finance Minister Sitharaman said.
11:28
Union Finance Minister Nirmala Sitharaman says, PM Dhan Dhaanya Krishi Yojana -- developing agri districts program... Our government will undertake a PM Dhan Dhaanya Krishi Yojana in partnership with states. Through the convergence of existing schemes and specialised measures, the program will...
11:24
Government to enhance credit guarantee cover for MSMEs to improve credit access, and will enhance limit for interest subvention scheme for Kisan Credit Card from Rs 3 lakh to Rs 5 lakh, Finance Minister Sitharaman announced. The government will also introduce customised credit cards with Rs...
11:22
Viksit Bharat will have zero poverty, quality education, high-quality, affordable and comprehensive healthcare, says FM Sitharaman.
11:22
The finance minister announces PM Dhan Dhyan Krishi Yojana, covering 100 districts with low yields, modern crop intensity and below average credit parameters. The PM Dhan Dhyan Krishi Yojan will benefit 1.7 crore farmers, Sitharaman said.
11:20
India to be global hub for toys, says Sitharaman, and will represent the Made in India brand.
11:18
Finance Minister Sitharaman has announced new classification criteria for MSMEs.The investment limit for MSME classification to be made 2.5 times, and turnover limits for MSME classification to be doubled, she said.
11:16
With 1.5 lakh rural post offices, 2.4 lakh dak sevaks will be repositioned to act as rural catalysts. India Post to be transformed as a large logistics operation, says FM.
11:13
Union Finance Minister Nirmala Sitharaman says, Our economy is the fastest growing among all major economies. Our development track record for the past 10 years and structural reforms have drawn global attention. Confidence in India's capability and potential has only grown in this period. We see...
11:11
A makhana board will be set up in Bihar, says FM
11:10
Government will launch a six-year mission for atmanirbharta in growth of pulses, says Sitharaman.
11:09
Goal is to create employment in rural areas so migration is an option, not compulsion, says Sitharaman.
11:07
The budget will usher in transformative reforms, Finance Minister Nirmala Sitharaman said, and cover six domains: Taxation, power sector, urban development, mining, financial sector, and regulatory reforms.
11:02
Finance Minister Nirmala Sitharaman has begun her Budget speech in Parliament.Her Budget for the fiscal year starting April 2025 (FY2025-26) marks the 14th consecutive Budget under the Narendra Modi government since 2014, including two interim Budgets presented ahead of the general elections in...
10:54
Pic: Altaf Hussain/Reuters
The Union Cabinet headed by Prime Minister Narendra Modi on Saturday approved the Union Budget 2025-26. Following this, Finance Minister Nirmala Sitharaman will present her eighth record Budget in the Lok Sabha that comes against the backdrop of growth slowing down to four-year-low of 6.4...
10:52
Pic: Altaf Hussain/Reuters
Finance Minister Nirmala Sitharaman will present her record 8th straight Budget and all eyes will be on the much-expected tax relief for the middle class. Sitharaman had in her first Budget in 2019 replaced the leather briefcase -- which was in use for decades for carrying Budget documents...
10:43
Defence Minister Rajnath Singh on Saturday arrived in Parliament ahead of the Union Budget to be presented by Finance Minister Nirmala Sitharaman. Speaking to media-persons, Singh emphasised, Budget will be presented. It will be for every section of society. Sitharaman is set to present...
10:39
President Droupadi Murmu on Saturday offered 'dahi-cheeni' (curd and sugar), as it is considered auspicious, to Union Finance Minister Nirmala Sitharaman ahead of presenting her eighth Union Budget. This customary gesture for good luck was done during the finance minister's visit to...
10:24
Illustration: Dominic Xavier/Rediff.com
This Budget Quiz will test your understanding of the Budget's significance in shaping the nation's growth.
10:20
Union Finance Minister Nirmala Sitharaman on Saturday arrived in Parliament with Union MoS Pankaj Choudhary and other officials. She will attend the cabinet meeting to give assent to the Budget after which the FM will present the Union Budget 2025 in Parliament. Nirmala Sitharaman and...
10:10
The Economic Survey provides an overview of the short-to-medium-term prospects of the Indian economy. Here are key infographics.
10:01
Pic: Danish Siddiqui/Reuters
Benchmark indices Sensex and Nifty rallied in opening trade on Saturday ahead of the Union Budget presentation. The 30-share BSE benchmark Sensex climbed over 200 points in opening trade while the NSE Nifty went up by 56 at press time. From the 30-share blue-chip pack, ITC Hotels,...
09:50
Finance Minister Nirmala Sitharaman on Saturday will present her eighth consecutive Budget, which she will deliver from a digital tablet enclosed in a traditional 'bahi-khata' style pouch. Sitharaman, India's first full-time woman Finance Minister, broke away from the colonial tradition of...
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