Advertisement

Newsbudget 2025

Budget 2025 News

UP Budget Session 2025

18 Feb 2025

Uttar Pradesh Vidhan Sabha Sessions Begins

14 Feb 2025

Tax Regime: Is Old Regime Still Beneficial For Those Earning Above Rs 12.75L?

Here’s a table showing a comparison of old vs new regime with the income level and deductions. If you have deductions more than Rs 7,75,000, then you can file return under old regime, explains Cleartax.

Income tax bill

11 Feb 2025

New Income Tax Bill Likely To Be Tabled In Parliament Today

Before the Income Tax Bill was cleared by the Cabinet, people in the know said that the legislation would likely provide directions to widen the tax net, given the contraction in the tax base following the exemption limit being raised to Rs 12 lakh in the Union Budget.

Income tax bill

08 Feb 2025

New Income Tax Bill Set To Be Tabled In Parliament Next Week

The bill, which was granted approval in the Cabinet meeting chaired by Prime Minister Narendra Modi on Friday, will be introduced in the Parliament next week before it is sent to the Parliament's Standing Committee on Finance.

05 Feb 2025

Railway Budget 2025: Which State Got Highest Fund? Check State-Wise Allocation

Railway Budget 2025: Whih state got highest amount and which got lowest? Here is the state-wise fund allocation of the Railway Budget 2025 (Alphabetical Order)

04 Feb 2025

Why 8th Pay Commission Implementation Unlikely To Kick In From 1 January 2026

The recommendations of the 8th Pay Commission, which will majorly impact in revision of salaries of nearly 50 lakh central government employees and allowances of 65 lakh pensioners, might not kick in from 1 January 2026 --check what media reports are saying.

03 Feb 2025

Budget 2025 Prioritises Non-Inflationary Growth: Finance Secretary

The budget returns Rs 1 lakh crore to the middle class, designed to work through market mechanisms rather than direct government spending.

03 Feb 2025

Union Budget Shapes India's Economic Resilience, Growth Potential: Report

Increasing the FDI limit in the insurance sector to 100 per cent is also a step in the right direction.

03 Feb 2025

Senior Citizens' Tax Relief: Interest Income Limit Raised to Rs 1 Lakh!

Income Tax Slabs Union Budget 2025 For Senior Citizens: Finance Minister Nirmala Sitharaman stated that the limit for tax deduction on interest for senior citizens is being doubled from the present Rs 50,000 to Rs 1 lakh. This revision aims to provide greater relief to depositors by reducing the tax deducted at source on interest income, thereby ensuring higher take-home earnings for individuals, especially senior citizens and small depositors.

03 Feb 2025

Government’s Consumption Growth Estimated To Improve In FY25

India is expected to remain the world’s fastest growing in 2025, supported by a strong domestic market, rising working age population and strong macroeconomic fundamentals, said the report.

02 Feb 2025

Budget 2025: 3 CoEs To Help India Position Itself As A Global Powerhouse In AI

To unleash this potential, it is also important to offer financial support and streamline the process of conducting business to bolster the startup community.

02 Feb 2025

Budget 2025: Relief For Homeowners As No Tax On Second Self-Occupied House

In addition, the government has proposed raising the annual threshold for Tax Deduction at Source (TDS) on rent from Rs 2.4 lakh to Rs 6 lakh.

02 Feb 2025

FM Sitharaman Stresses Rupee Stability, Says Only Depreciating Against US Doll

The Indian rupee has been under pressure in the last few months but it continues to be the least volatile currency against the US dollar among its Asian and global peers.

02 Feb 2025

Union Budget 2025-26: Gender Budget Allocation Soars To Rs 4.49 Lakh Crore

The Union Budget 2025-26 allocates a record Rs 4.49 lakh crore for women and girls' welfare, marking an 8.86% share, up from 6.8% in the previous fiscal year.

02 Feb 2025

PM Modi Fully Backed Tax Cuts Idea, Had To Convince Bureaucrats: FM Sitharaman

Modi fully supported the idea of tax cuts, persuading the bureaucrats took time, said FM Sitharaman.

02 Feb 2025

Budget 2025: Outlay For Tribal Welfare Schemes Jumps By 46% To Rs 14,926 Crore

The increase in allocations has taken place across the board in all the flagship schemes to uplift the tribal population.

02 Feb 2025

Budget Allocates 19 Per Cent Outlay Increase For Ministry Of Textiles

By boosting domestic productivity, this initiative will stabilise raw material availability, reduce import dependence and enhance the global competitiveness of India's textile sector, where 80 per cent of capacity is driven by MSMEs.

02 Feb 2025

Good News For Gig Workers As Nirmala Sitharaman Announces Major Benefits

Budget 2025: Notably, the scheme has no restrictions on family size, age, or gender, ensuring that all eligible individuals receive the care they need.

02 Feb 2025

India Hikes Foreign Aid To Maldives, This Country Tops List; Where is B'desh?

New Delhi has increased its financial assistance to the Maldives by Rs 130 crore, raising the total aid to Rs 600 crore from Rs 470 crore in the 2024-25 budget.

01 Feb 2025

Delhi Elections: Income Tax Relief For Middle Class A 'Master Stroke' By BJP?

Apart from the tax exemption for the middle class, which will benefit Delhiites like all Indian citizens, many Central schemes may indirectly benefit city voters like slum dwellers and residents of unauthorised colonies.

Loading...

NEWS ON ONE CLICK