Page 12 - Budget 2025 News

Automobile industry terms Union Budget 2023-24 as 'growth-oriented'

Finance Minister Nirmala Sitharaman has proposed to further provide impetus to green mobility

Budget lays roadmap to train lakhs of youth in the next three years: FM

Moreover, to skill youth for international opportunities, 30 Skill India International Centres will be set up across different states, Sitharaman said

Budget: Govt to enhance presumptive taxation limit for MSMEs, professionals

The move is aimed at promoting non-cash transactions, as per the Budget document

Budget 2023: Oil companies will spend Rs 1.06 trn in next financial year

Nearly half of overall expenditure would be for refineries expansion and upgrade while about 44% will be used for exploration and production of hydrocarbons, the data provided in the budget documents

Union Budget 2023: Govt allocates Rs 1.23 trn for postal, telecom projects

The government has allocated Rs 2,158 crore for Optical Fibre Cable based network for Defence Services and Rs 715.8 crore for telecom projects in the North Eastern states

Budget 2023 aims at providing a stable direct tax regime

At the domestic front, the government presented its last full budget wherein it had to maintain a balance in fueling growth trajectory, while being on the path of fiscal prudence, say analysts

Budget 2023 a roadmap for resurgent India; aims to get fiscal house in order

Budget 2023: This budget may galvanize an effective AI ecosystem necessary to nurture buoyancy in GST revenues and improve taxpayer morale and trust in the system

India to see challenges in meeting fiscal glide path, says Fitch analyst

The government is targeting a budget deficit of 5.9% of GDP for 2023/24, while the deficit was 6.4% in 2022/23, according to revised estimates

Union Home Minister Amit Shah welcomes 'all-inclusive and visionary' budget

This reflects the foresight of the Modi government to build a new India with strong infrastructure and a strong economy, he said

Union Budget 2023 gives EVs a big charge; boosts vehicle scrappage

Centre and states to provide 25% tax rebate on road tax for vehicles purchased to replace scrapped ones

The Budget is highly pragmatic and growth oriented: PVR's Ajay Bijli

Ajay Bijli, Chairman and Managing Director, PVR Ltd, talks about Union Budget 2023

Women in Budget: Marginal rise in allocation; new savings scheme announced

The budget allocated to the Women and Child Development Ministry, the nodal department of the govt for the welfare of women and children, stood at Rs 25,448.75 crore in 2023-24

India earmarks $3.7 billion for state oil companies' energy transition

"This Budget builds on our focus on green growth," finance minister Nirmala Sitharaman said in her budget speech

Budget: FM proposes case management system to reduce litigation by I-T dept

In a bid to lessen litigation, FM Nirmala Sitharaman proposed a case management system where the I-T dept would defer filing a lawsuit if an identical question of law is pending in HCs and SC

Budget 2023 announces host of measures to enhance business in GIFT IFSC

To enhance business activities in GIFT IFSC, Finance Minister announced a host of measures, including establishing a subsidiary of EXIM Bank for trade re-financing

Budget 2023: What is 'Amrit Kaal' mentioned by FM Sitharaman in her speech?

The Bharatiya Janata Party (BJP) government has increased its emphasis on 'Amrit Kaal' and said that the coming period would be very prosperous for India with economic growth and social justice

Union Budget 2023: SCSS, MIP investment limit doubled, new scheme for women

Mahila Samman Saving Certificate to be available for two years till March 2025, offers 7.5% return, with provision for partial withdrawal

Budget 2023: Govt increases allocation to NHAI to Rs 1.62 trillion for FY24

The Union Budget 2023-24 has allocated an enhanced outlay of Rs 2.70 trillion for the highways sector

I-T benefits in union budget to propel deposit growth: Bandhan Bank MD

Speaking on the budget proposal for simplifying the KYC process, Ghosh hailed it as a noble effort

Budget 2023-24: Hospitality will benefit, says Massive Restaurants' Kalra

Zorawar Kalra, Founder & MD, Massive Restaurants, talks about Union Budge 2023