Highlights: FM Nirmala Sitharaman's announcement on February 1 brings a gift for the Indian middle class with no tax payable ...

Drugs and medicines under Patient Assistance Programmes run by pharmaceutical companies were being made fully exempt from customs duty, provided they are supplied free of cost to patients ...

Allocation for rural development inched up Rs2.66 lakh cr for FY 26 from Rs 1.90lakh crore (revised estimates for FY 25). Budget estimates for FY 25 were at Rs 2.65 lakh crore.

Madhya Pradesh is likely to benefit from the Union Budget in many sectors, particularly in agriculture. This will help give ...

Startups too found reasons to celebrate. The budget extends the incorporation period for startups by an additional five years ...

Finance Minister Nirmala Sitharaman unveiled the Union Budget 2025-26 with a focus on simplification and sectoral reforms. Key highlights include no income tax for earnings up to ₹12 lakh under the ...

The income tax reforms introduced in the budget are among the biggest in the last decade — simplified and rationalised to put more money in people's hands without compromising the fiscal deficit.

Finance Minister Nirmala Sitharaman presented the Union Budget for the fiscal year 2025-26, introducing important measures aimed at stimulating economic growth and providing relief to the middle class ...

With the new tax slabs, the standard deduction of ₹75,000, over and above the ₹12 lakh limit under the new tax regime, furthers the agenda of driving up savings, investments and consumption.

The large cuts in income tax is an acceptance from the government that its corporate tax cut of 2019 has not worked. Had the sequencing been reversed — IT cut first, corporate tax cut later — the resu ...

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In Trump’s view, the 25% tariffs against the two North American allies and a 10% tax on imports from Washington’s chief ...