Page 69 - Budget 2025 News

Government slashes fiscal 2021-22 sports budget by Rs 230 crore

In the Union budget presented in Parliament on Monday, the Central government allocated Rs.2,596.14 crore to sports

CPI criticises Union Budget, says it is pro-corporate, nothing for poor

The Communist Party of India (CPI) on Monday criticised the union budget, claiming it was pro-corporate and big businesses and has nothing for the poor.

For direct taxes, Budget 2021 has largely maintained status quo

To further support the start-up ecosystem, the tax holiday has been extended by one year by including start-ups incorporated till March 31, 2022 to be eligible for the tax holiday

Social Justice and Empowerment Ministry allocated Rs 11,689 crore

The Social Justice and Empowerment Ministry, which caters to the welfare of the backward classes and those with disabilities, was allocated Rs 11,689.39 crore

Budget does not address inequities, bold for its fiscal stance: Economists

Economists called the budget 'bold'

Budget: Housing and Urban Affairs Ministry allocated Rs 54,581 crore

The Union Housing and Urban Affairs Ministry was allocated Rs 54,581 crore for the next fiscal

Budget: Dept of Space allocated Rs 13,949 cr after a steep cut last year

Out of the allocated funds Rs 8,228 crore have been earmarked for capital expenditure

No ITR for those of 75 years and above if pension, FD interest in same bank

Senior citizens of 75 years and above having pension income and interest from fixed deposit in the same bank would not be required to file income tax returns for the financial year beginning April 1

Budget silent on 'agri unrest', ignores 'entire north India': Punjab FM

Punjab Finance Minister Manpreet Singh Badal on Monday criticised the Union Budget

Budget 2021: Vehicle scrappage policy to help commercial vehicle makers

Auto industry says move will largely impact sale of commercial vehicles like buses and trucks but is unlikely to give a fillip to sale of personal vehicles

Agri Ministry gets 5.63% more budget for FY22; half of it for PM-Kisan

The Agriculture and Farmers' Welfare Ministry has got 5.63 per cent more budget allocation at Rs 1.31 trillion

Rs 1,117 cr relief to TN farmers affected by crop loss in January

The Tamil Nadu government will provide Rs 1,116.97 crore as input relief to about 11,43,000 farmers across the state

Capital outlay should support a higher pace of GDP expansion in FY22

The fiscal deficit of the government of India has increased sharply to 9.5 per cent of GDP in the Revised Estimates for FY21, relative to the budgeted target of 3.5 per cent

Bharat Biotech hails Rs 35,000 cr budget allocation for Covid vaccination

The indigenous Covid-19 vaccine Covaxin and Oxford's Covishield are being produced in the country

Enhanced Rs 1.18 trillion outlay for highways, projects to speed up: FM

Sitharaman on Monday said execution of flagship highways corridors as well as projects are bound to speed up

Union Budget 2021: Allocation for education pared by 6.13%, boost for KVs

The school education and literacy department has been allocated Rs 54,873 crore - the lowest in two years -- in Budget 2021

Govt to launch Jal Jeevan Mission for tap water connections in urban areas

Finance Minister Nirmala Sitharaman on Monday announced that the Jal Jeevan Mission (urban) will be launched

Disinvestment of Air India, Pawan Hans to be completed in 2021-22: FM

FM said in her budget speech that the disinvestment of Air India and Pawan Hans would be completed in 2021-22

Interest earned on PF contributions above Rs 2.5 lakh to be taxable: Budget

Employers who delay the deposit of workers' share of social security contributions like employees' provident fund will not be able to claim the amount as deduction from their income

Budgetary allocation for tourism ministry slashed by 19% to Rs 2,026 crore

The budget has allocated Rs 1088.03 crore for development of tourism infrastructure