Govt To Introduce New Income Tax Act For Tech-Driven Taxpayers, Scrapping Convoluted Older Law
New Income Tax Act: According to the government, about 78 per cent of taxpayers have already shifted to the new tax regime. Still, according to sources, the government is not in the mood to make any major changes to the old tax regime.
Feb 03, 2025, 16:49 PM IST
Budget Sentiments Over, Market’s Focus Now Shifts To RBI MPC Meet On Feb 7
In a marked departure from previous years, the Budget chose to stimulate consumption and savings rather than focus only on capex. However, it continued to stay focused on fiscal consolidation.
Feb 03, 2025, 15:23 PM IST
Union Budget 2025-26: Gender Budget Allocation Soars To 8.86% With Rs 4.49 Lakh Crore For Women And Girls' Welfare
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.
Feb 02, 2025, 17:07 PM IST
Union Budget 2025-26: Semicon India Scheme To Create 85,000 Jobs, Says Centre
Union Budget 2025-26: The projects are expected to generate around 25,000 advanced technology direct jobs and an additional 60,000 indirect jobs marking a significant milestone in boosting India's technological workforce.
Jan 21, 2025, 13:14 PM IST
Did You Know? Indira Gandhi’s 1973 Budget Is Known As ‘Black Budget’— Here’s Why
The 1973-74 Union Budget, famously called the 'Black Budget,' marked a challenging time in India's financial history. Presented under PM Indira Gandhi, it reflected a massive fiscal deficit and bold moves like nationalising key industries. Despite its challenges, this budget remains a defining moment in shaping India's economic path.
Jan 10, 2025, 13:58 PM IST
Govt Plans To Allocate Rs 35,000 Cr LPG Subsidy To IOC, BPCL, And HPCL
The total under-recovery on LPG sales for the industry in the current fiscal is estimated at about Rs 40,500 crore.
Jan 09, 2025, 19:50 PM IST