What brokerages expect from India’s union budget on Feb. 1
1 month, 3 weeks ago

What brokerages expect from India’s union budget on Feb. 1

Live Mint  

By Bharath Rajeswaran Jan 27 - India's federal government is expected to use next month's budget to stimulate economic growth through measures such as income tax cuts, although a significant increase in capital expenditure appears unlikely, multiple brokerages said. MEANINGFUL INCOME TAX CUT Citi and Jefferies said that any meaningful cut in income tax for individuals with annual salaries of 1 million rupees to 2 million rupees could help boost demand. Jefferies said it expects tax cuts to aid consumer discretionary demand, which would boost stocks such as Jubilant FoodWorks, Devyani International, Trent, V-Guard, Havells and Maruti Suzuki India. CAPEX PRESSURE ON INDUSTRIALS The government may project a 10% growth in capital expenditure in fiscal year 2026, after an already slow growth of up to 6% in the current financial year, multiple brokerages said.

India Tax Job Creation Jefferies Boost Multiple Brokerages Brokerages Expect  capital  boost  union  indias  brokerages  expect  capex  tax  rupees  budget  income  growth  feb  benefit

History of this topic

Telangana Budget 2025-26: Key takeaways | In charts
Top News
5 days, 4 hours ago

Telangana Budget 2025-26: Key takeaways | In charts

The Hindu  

The Telangana State budget with an outlay of ₹3.05 lakh crores was presented by the Deputy Chief Minister Mallu Bhatti Vikramarka in the Assembly today. Receipts and Expenditure Revenue receipts stand at ₹2.3 lakh crores for 2025-26 budget estimates, up from ₹2.02 lakh crores last year. Revenue expenditure for social services increased from ₹81.1 thousand crores in 2024-25 to ₹1.1 …

Capex push, fiscal discipline hasn’t come at the cost of social spending cut: Sitharaman
6 days, 18 hours ago

Capex push, fiscal discipline hasn’t come at the cost of social spending cut: Sitharaman

Live Mint  

New Delhi: Finance minister Nirmala Sitharaman on Tuesday said the government’s push for capital expenditure, while maintaining fiscal discipline, has not come at the cost of public spending, emphasizing that allocations for social welfare and education have increased significantly. Speaking at the Rajya Sabha, Sitharaman said the effective capital expenditure for the next fiscal year, 2025-26, is projected to be …

RBI Could Implement 75 Bps Rate Cut In 2025, With Quarterly Reductions: Report
1 week, 3 days ago

RBI Could Implement 75 Bps Rate Cut In 2025, With Quarterly Reductions: Report

ABP News  

SBI Research's Ecowrap forecasts a 75-basis-point rate cut for this fiscal year. CPI Inflation India's consumer price index inflation fell to a seven-month low of 3.6 per cent in February 2025, primarily due to a significant drop in food prices. Despite the overall inflation slowdown, imported inflation has surged, rising from 1.3 per cent in June 2024 to 31.1 per …

India’s GDP growth to surpass 6.5 per cent in FY26, one of the fastest rates among large economies: Moody’s
1 week, 6 days ago

India’s GDP growth to surpass 6.5 per cent in FY26, one of the fastest rates among large economies: Moody’s

Live Mint  

Higher government capex and a boost in consumption will fuel India's economic growth in FY26, exceeding 6.5 per cent in the next fiscal, Moody's ratings said on Wednesday. “Government capital expenditure, tax cuts for middle-class income groups to boost consumption and monetary easing will help India's real GDP growth exceed 6.5% for fiscal 2025-26 from 6.3% in fiscal 2024-25,” Moody's …

Sanjeev Ahluwalia | Shoring up India’s flagging growth: Key govt challenge
2 weeks, 4 days ago

Sanjeev Ahluwalia | Shoring up India’s flagging growth: Key govt challenge

Deccan Chronicle  

The main challenge before the Narendra Modi government is how to balance the onerous investment and institutional demands of high growth, without risking a political blowback. GDP growth higher than comparators: GDP growth in real terms during the third quarter of this fiscal, at 6.2 per cent, is higher than the average of the first two quarters. The IMF estimates …

A step backward for Odisha’s economy
2 weeks, 5 days ago

A step backward for Odisha’s economy

The Hindu  

The Bharatiya Janata Party government in Odisha presented the State Budget for 2025-26 in February, with a total Budget size of ₹2,90,000 crore. However, the BJP government’s fiscal performance over the last nine months has been unimpressive, giving an impression that its economic goals are like pie in the sky without an achievable action plan. Although the current borrowing is …

India’s GDP to grow at faster pace in Q4; RBI rate cut and businesses at Mahakumbh could aid recovery: Report
3 weeks, 1 day ago

India’s GDP to grow at faster pace in Q4; RBI rate cut and businesses at Mahakumbh could aid recovery: Report

Live Mint  

New Delhi, March 3 : India's economy is expected to grow at a much better pace in the fourth quarter of FY25, supported by strong government spending, a recovery in the rural economy, and a likely increase in private investment, according to a report by Centrum. The report projects GDP growth for FY25 at 6.5 per cent, with rate cut …

India’s GDP growth forecast: Indian economy grew at 6.2% in Q3 GDP data of 2024-25, down from 9.5% in the previous year
3 weeks, 3 days ago

India’s GDP growth forecast: Indian economy grew at 6.2% in Q3 GDP data of 2024-25, down from 9.5% in the previous year

The Hindu  

India’s real Gross Domestic Product grew 6.2% in the October to December 2024 period, the third quarter of the fiscal year, picking up pace from the 5.6% growth recorded in the previous quarter, according to data released by the National Statistics Office on Friday. “On the demand side, recovery in consumption growth, government expenditure and export growth look encouraging.” Exports …

Bihar’s economy increases to ₹8.54 lakh crore in 2023-24: Dy. CM Samrat Choudhary
3 weeks, 4 days ago

Bihar’s economy increases to ₹8.54 lakh crore in 2023-24: Dy. CM Samrat Choudhary

The Hindu  

Bihar Deputy Chief Minister Samrat Choudhary who also holds the Finance portfolio on Friday presented the 2024-25 State Economic Survey Report in the Assembly on the opening day of the month-long Budget session and said size of the State’s economy at current prices has increased 3.5 times from ₹2.47 lakh crore in 2011-12 to ₹8.54 lakh crore in 2023-24. The …

India needs 1.2-1.5 tax buoyancy to achieve 6.5-7% growth: EY
3 weeks, 6 days ago

India needs 1.2-1.5 tax buoyancy to achieve 6.5-7% growth: EY

The Hindu  

“India has to maintain a tax buoyancy in the range of 1.2-1.5 to achieve a growth of 6.5-7%,” an EY report said on Wednesday, February 26, 2025. “India’s fiscal strategy must focus on enhancing tax buoyancy, prudent expenditure management, and continued structural reforms to ensure sustainable growth,” EY said. “However, for India to achieve a medium-term growth trajectory of 6.5-7.0% …

Indian economy to pick momentum in H2FY25 amid tax relief, interest rate cuts: RBI Bulletin
1 month ago

Indian economy to pick momentum in H2FY25 amid tax relief, interest rate cuts: RBI Bulletin

Live Mint  

The Indian economy will likely get a boost from the pick-up in rural demand and the income tax relief announced in the Union Budget 2025, which is expected to support urban consumption amid interest rate cuts. The Reserve Bank of India highlighted in its monthly economic bulletin on Wednesday, February 19, that India's urban consumption is “poised for a recovery.” …

Past capex and robust rural demand will propel India’s economic growth: SBICap
1 month ago

Past capex and robust rural demand will propel India’s economic growth: SBICap

Live Mint  

New Delhi: India’s economic growth over the next 15 months may benefit from the lagged impact of past capital expenditure and strong rural demand amid slowing consumer spending, SBI Capital Markets Ltd said in a report on Wednesday. SBICap added that private final consumption expenditure, or consumer spending, in India, which accounts for more than 60% of India’s real GDP, …

Odisha budget to target faster growth, raise social sector spending
1 month, 1 week ago

Odisha budget to target faster growth, raise social sector spending

New Indian Express  

BHUBANESWAR: The size of the state budget is likely to touch Rs 3 lakh crore, up from Rs 2.65 lakh crore in 2024-25, when Chief Minister Mohan Charan Majhi presents the annual budget in the Assembly on Monday. With the latest Odisha Economic Survey projecting state’s economy to expand in the range of 8 per cent to 8.5 per cent …

Only empty promises, no specific roadmap, says Opposition on Union Budget
1 month, 1 week ago

Only empty promises, no specific roadmap, says Opposition on Union Budget

The Hindu  

Continuing the debate on the Union Budget in Parliament, MPs from the Opposition said the government had failed to resurrect India’s manufacturing sector, had given inadequate allocation for health and education, and lacked a roadmap to deal with the challenge of artificial intelligence. All that the Finance Minister said was that we are going to set up 100 centres of …

Oppn slams govt over ‘cruel cuts’ in Budget
1 month, 2 weeks ago

Oppn slams govt over ‘cruel cuts’ in Budget

Hindustan Times  

New Delhi: Senior Congress leader and former finance minister P Chidambaram on Monday slammed the government’s handling of the economy, tore into the 2025-26 Union Budget for “cruel cuts”, and asked why the government has not conferred the Bharat Ratna — the country’s highest civilian honour — upon former prime minister Manmohan Singh for his contribution to the country. Former …

BJP wins Delhi polls, Tax bonanza for middle class in Union Budget, RBI cuts repo rate, and more: The week in 5 charts
1 month, 2 weeks ago

BJP wins Delhi polls, Tax bonanza for middle class in Union Budget, RBI cuts repo rate, and more: The week in 5 charts

The Hindu  

BJP returns to power in Delhi after 26 years The BJP on Saturday returned to power in Delhi after more than 26 years to sweep away the Arvind Kejriwal-led Aam Aadmi Party with a two-thirds majority on the back of a hyper localised campaign. Union Budget: No income tax up to ₹12 lakh, tax slabs revised Finance Minister Nirmala Sitharaman …

Boost in consumption is necessary, but 'Sabka Vikas' should not be lost
1 month, 2 weeks ago

Boost in consumption is necessary, but 'Sabka Vikas' should not be lost

Firstpost  

While India seeks to counter global headwinds and uncertainties that can mar its economic growth, it should ensure the boost in demands must not result in high inflation or the burden be placed on indirect taxes, as high income divide is an undeniable reality of the Indian economy If we can achieve GDP growth of 6.7 per cent for FY26 …

Finance Minister Nirmala Sitharaman says income tax and RBI rate cut will boost economy: Report
1 month, 2 weeks ago

Finance Minister Nirmala Sitharaman says income tax and RBI rate cut will boost economy: Report

Hindustan Times  

The income tax relief which the Budget 2025 provided, coupled with the Reserve Bank of India's repo rate cut will boost recovery in consumption in the economy, a report by news agency ANI quoted Finance Minister Nirmala Sitharaman as saying. Union Finance Minister Nirmala Sitharaman during an interview with PTI, in New Delhi, Sunday, Feb. 2, 2025. Besides this, the …

Fiscal and monetary measures to boost consumption, private investment says FM
1 month, 2 weeks ago

Fiscal and monetary measures to boost consumption, private investment says FM

The Hindu  

Finance Minister Nirmala Sitharaman on Saturday said, “Fiscal and monetary measures announced recently will help boost consumption and promote private investment.” The Budget presented by the Finance Minister on February 1 proposed a slew of measures including significant income tax cuts for the middle class. On the monetary side, the Reserve Bank of India on Friday slashed the policy rate …

Budget has delivered the tax break, but will the markets bite?
1 month, 2 weeks ago

Budget has delivered the tax break, but will the markets bite?

Live Mint  

Can tax relief for the urban middle class spark a consumption revival, and help accelerate an economy that has lately been grappling with a slowdown? So at least for one quarter it is recommended to remain invested in high quality growth stocks which are available at reasonable prices," noted Neeraj Chadawar, head of fundamental and quantitative research at Axis Securities. …

Fiscal consolidation to slow as budget relies on tax measures to support economy: Moodys
Trending News
1 month, 2 weeks ago

Fiscal consolidation to slow as budget relies on tax measures to support economy: Moodys

Deccan Chronicle  

Mumbai: Moody’s Ratings on Tuesday said that the income tax cuts announced in the Union Budget 2025 will boost middle-class spending and benefit corporates and the financial sector but warned that the lost revenue could slow fiscal consolidation despite a decline in spending as a share of GDP. Although the government has estimated consequent foregone revenue at around Rs 1 …

Vivek Kaul: Does the budget signal a change in the government’s growth strategy?
1 month, 3 weeks ago

Vivek Kaul: Does the budget signal a change in the government’s growth strategy?

Live Mint  

In the stock market circles of Central and South Mumbai, the phrase ‘kya lagta hai’? This could potentially reduce the annual bonuses for the KLH crowd, which may explain their recent outpourings on the government needing to lower tax rates to increase disposable income, stimulate spending and boost companies, the stock market and the economy. In 2025-26, the government expects …

India’s CAD to widen to 1.3% of GDP in FY26 on export headwinds from Trump’s trade policies: Crisil
1 month, 3 weeks ago

India’s CAD to widen to 1.3% of GDP in FY26 on export headwinds from Trump’s trade policies: Crisil

Live Mint  

India's economy is expected to grow at 6.5 per cent in the next financial year 2025-26, slightly higher than the 6.4 per cent growth estimated for the ongoing fiscal year. “Lower inflation and the RBI's rate cuts are expected to lift growth next fiscal, assuming a normal monsoon and lower crude oil prices,” said Crisil. If India's inflation moves closer …

A tightrope act: The budget does a good job of balancing divergent demands
1 month, 3 weeks ago

A tightrope act: The budget does a good job of balancing divergent demands

Live Mint  

India’s budget for 2025-26 demonstrates a careful balance between an unwavering focus on macroeconomic stability by continuing on a path of fiscal prudence and addressing growth concerns. Notably, fiscal consolidation remains the budget’s primary focus, with its fiscal-deficit target set at 4.4% of GDP, a further reduction of 0.4 percentage points. This cut, which accounts for almost the entire fiscal …

Will the Finance Minister's headline-grabbing tax cuts revive the growth genie?
1 month, 3 weeks ago

Will the Finance Minister's headline-grabbing tax cuts revive the growth genie?

New Indian Express  

Will the personal income tax cuts bring home the consumption bacon? Preliminary estimates indicate that the Rs 1 lakh crore worth tax revenue foregone due to personal income tax cuts will likely add Rs 14.8 lakh crore worth national output, or add roughly Rs 10 lakh crore to private consumption in FY26. According to KV Subramanian, Executive Director, IMF India, …

Budget 2025: Today's consumption will fuel tomorrow's capex
1 month, 3 weeks ago

Budget 2025: Today's consumption will fuel tomorrow's capex

New Indian Express  

India's economic future hinges on a delicate balance: igniting consumption-led growth while maintaining fiscal discipline. The 2025 budget embraces this challenge, strategically deploying tax cuts and increasing purchasing power along with maintaining fiscal prudence. The budget catalyses the creation of a virtuous cycle, where consumption fuels demand, which in turn shall fuel investment. Investing in MSME Growth India's 57 million …

Budget 2025 overlooks joblessness
Trending News
1 month, 3 weeks ago

Budget 2025 overlooks joblessness

The Hindu  

The previous Budget, presented in July 2024 after the Lok Sabha election, had accorded priority to employment and skill development, given the nature of the election mandate. Among centrally The Finance Minister has sought to counterbalance the deflationary impact of these expenditure cuts by enhancing the annual rebate for income tax payers from ₹7 lakh to ₹12 lakh from 2025-26. …

Beyond tax cuts, a closer read of the Union Budget
Trending News
1 month, 3 weeks ago

Beyond tax cuts, a closer read of the Union Budget

The Hindu  

The Union Finance Minister, Nirmala Sitharaman’s presentation of the Union Budget on Saturday, February 1, was against the backdrop of pressing macroeconomic challenges — persistently high taxes and unemployment squeezing the middle-income class, subdued private investment, mounting external vulnerabilities that threaten to derail the growth story, and a looming fiscal overhang. While the Finance Minister laid out an ambitious road …

Opinion: Union Budget 2025 — 'Modinomics' At Its Best
1 month, 3 weeks ago

Opinion: Union Budget 2025 — 'Modinomics' At Its Best

ABP News  

The Union Budget 2025, presented by Finance Minister Nirmala Sitharaman on Saturday, is yet another milestone in India’s economic transformation under Prime Minister Narendra Modi. The focus on renewable energy infrastructure, especially green hydrogen and solar power corridors, reaffirms India’s commitment to sustainable growth. It reflects PM Modi’s governance philosophy — build robust infrastructure, empower the middle class, uplift the …

Chandrajit Banerjee: The budget will help drive India’s GDP growth in challenging times
1 month, 3 weeks ago

Chandrajit Banerjee: The budget will help drive India’s GDP growth in challenging times

Live Mint  

Finance minister Nirmala Sitharaman has presented a strong Union budget for 2025-26. While introducing tax cuts and enhancing public capital expenditure, the budget appropriately recognizes maintaining fiscal prudence as a fundamental requirement for achieving sustainable growth. The budget’s triumvirate of support for consumption through tax cuts, an increase in capex for infrastructure and a fiscal deficit reduction will lay India’s …

'If you earned ₹12 lakh in Nehruji's time…': How PM Modi praised Budget 2025
1 month, 3 weeks ago

'If you earned ₹12 lakh in Nehruji's time…': How PM Modi praised Budget 2025

Hindustan Times  

Prime Minister Narendra Modi on Sunday took a swipe at the Congress, invoking former prime ministers Jawaharlal Nehru and Indira Gandhi to claim that their governments imposed heavy taxes on people’s earnings, while his government has eased the tax burden and provided greater relief to the middle class. If we look at this budget—back in Nehru Ji’s time, if you …

This budget is remarkable for its fiscal restraint—apart from other aspects
Trending News
1 month, 3 weeks ago

This budget is remarkable for its fiscal restraint—apart from other aspects

Live Mint  

The Union budget for 2025-26 is being hailed as a “thanksgiving’’ for the middle-class, while its personal income tax relief is being called “historic’’ and has hogged most of the limelight. Importantly, in absolute terms, the fiscal deficit is likely to remain flat at ₹15.7 trillion in 2025-26, as compared to 2024-25, and lower than its level of ₹16.5 trillion …

Budget 2025 is a pragmatic balance of consumption and fiscal discipline: Radhika Gupta
Trending News
1 month, 3 weeks ago

Budget 2025 is a pragmatic balance of consumption and fiscal discipline: Radhika Gupta

Live Mint  

Budget 2025 has moved in a path that at once caters to the immediate requirements of the economy, while continuing on the path to investing for future growth, even while ensuring a tight leash on the fiscal deficit. Tax slab rationalisation to boost consumption, ease of taxation via higher thresholds for tax deductions, tax clarity on ULIP investments, and tax-free …

2025 Budget: Will it trigger the right animal spirits?
1 month, 3 weeks ago

2025 Budget: Will it trigger the right animal spirits?

New Indian Express  

With yesterday's announcements in the Union Budget for the financial year 2025-26, fiscal policy has scored higher in the resolve to resurrect India's sagging growth, while monetary policy still languishes with its band-aid solutions to plug short-term liquidity deficits. Combined expansionary fiscal and monetary policies have a good chance to free India from its present growth malaise and gradually reach …

Heard voice of middle class, tax reform to drive consumption and savings: Nirmala Sitharaman on Budget
1 month, 3 weeks ago

Heard voice of middle class, tax reform to drive consumption and savings: Nirmala Sitharaman on Budget

New Indian Express  

"I wouldn't want to predict something, but certainly this tax proposal will make people have more money in their hands.So, I expect this would show both in terms of consumption spending and also in terms of savings, which can be through many different instruments," she said. Opining that reducing taxes is the first step towards the new tax bill, the …

Karnataka’s tax devolution this fiscal stands at ₹ 51,876 crore
Trending News
1 month, 3 weeks ago

Karnataka’s tax devolution this fiscal stands at ₹ 51,876 crore

The Hindu  

The 2025-26 Union Budget, presented by Finance Minister Nirmala Sitharaman on Saturday, devolves ₹51,876 crore to Karnataka as its share in taxes and duties, which stood at ₹46,932.72 in the previous fiscal. While this shows a marginal increase, Chief Minister Siddaramaiah has expressed unhappiness over several of the specific demands of the State, which were put forth, not being met, …

​Hope in the time of desperation: On the Union Budget 2025
1 month, 3 weeks ago

​Hope in the time of desperation: On the Union Budget 2025

The Hindu  

The Union Budget 2025-26 seeks to address specific issues plaguing the Indian economy — flagging domestic demand, sluggish private investment and tepid wage growth leading to a slowdown in meaningful GDP growth. Also, there has been a clamour for relief from among direct tax-paying middle-class sections, who have had to cope with both rising inflation and indirect goods and service …

Nothing substantial for Tamil Nadu in Budget, say trade bodies
Trending News
1 month, 3 weeks ago

Nothing substantial for Tamil Nadu in Budget, say trade bodies

The Hindu  

The trade bodies in Madurai offered a largely disappointed reaction to Budget 2025 presented in Parliament by Union Finance Minister Nirmala Sitharaman on Saturday as they could not find anything substantial for Tamil Nadu. Tamil Nadu Chamber of Commerce and Industry president N. Jegatheesan said it was disappointing that there was nothing for Tamil Nadu in the Budget. K. Suganya, …

Arvind Chari: This is a budget to optimize growth within constraints
1 month, 3 weeks ago

Arvind Chari: This is a budget to optimize growth within constraints

Live Mint  

The first full-year budget of India’s new National Democratic Alliance government, sworn in after the 2024 general election, was presented against the backdrop of a noticeable slowdown in economic growth over the last four quarters. I call it a ‘budget to optimize growth within constraints’ because that is the reality of India’s fiscal and growth dynamics. Overall, based on the …

India’s budget does well to drive growth despite a fiscal pullback
1 month, 3 weeks ago

India’s budget does well to drive growth despite a fiscal pullback

Live Mint  

The Union budget was presented on Saturday in the backdrop of sluggish real growth and stubborn albeit declining headline inflation with the latest print above 5%. For the upcoming budget year, nominal gross domestic product has been projected to grow at 10.1% over the half year-based First Advance Estimate for the current year, yielding a budgeted GDP denominator of ₹356.97 …

Tax Cuts In Budget 2025 Will Help You Save More, But Don’t Forget To Secure The Money
1 month, 3 weeks ago

Tax Cuts In Budget 2025 Will Help You Save More, But Don’t Forget To Secure The Money

ABP News  

Today was a day of celebration for the middle class as Finance Minister Nirmala Sitharaman presented a landmark Union Budget. Based on this data, roughly 85 per cent of taxpayers will pay no tax from next year if they opt for the new tax regime. After the announcement, the new tax rates stand as follows: New Tax slabs Tax Rate …

Union Budget 2025: A responsive Budget that banks on India
Trending News
1 month, 3 weeks ago

Union Budget 2025: A responsive Budget that banks on India

The Hindu  

The Union Finance Minister has delivered a growth-oriented budget that reaffirms the government’s commitment to attain the larger purpose of ‘Viksit Bharat’, with progressive policies to step up domestic consumption while driving long-term transformation. Union Budget 2025 industry reactions highlights The single most important highlight of this Budget is the increase in income tax exemption to ₹12 lakh, which will …

New income tax slabs and more: The big Budget 2025 announcements, in graphics
Trending News
1 month, 3 weeks ago

New income tax slabs and more: The big Budget 2025 announcements, in graphics

Firstpost  

Finance Minister Nirmala Sitharaman tabled the Union Budget for the financial year 2025-2026 in Parliament on Saturday. From a change in income tax slabs to a boost to IIT infrastructure, here are the major announcements of the Budget Finance Minister Nirmala Sitharaman tabled the Union Budget for the financial year 2025-2026 in Parliament on Saturday. Here’s a quick look at …

‘Focus on wealth creation, win for middle class’: How experts see tax cut in Sitharaman’s Budget 2025
1 month, 3 weeks ago

‘Focus on wealth creation, win for middle class’: How experts see tax cut in Sitharaman’s Budget 2025

Firstpost  

After Union Finance Minister Nirmala Sitharaman proposed to make income up to Rs 12 lakh tax-free in the Budget 2025-26, among other measures, experts said it was a pro-growth budget that sought to focus on wealth creation for the middle class with eyes on triggering consumption-led growth A customer looks at consumable goods before buying them at a supermarket in …

Modi government slashes income tax for middle classes in India budget
1 month, 3 weeks ago

Modi government slashes income tax for middle classes in India budget

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Indian Prime Minister Narendra Modi’s …

Budget 2025: FM Sitharaman explains how taxpayers will save up to ₹2.6 lakh under new tax rates
Top News
1 month, 3 weeks ago

Budget 2025: FM Sitharaman explains how taxpayers will save up to ₹2.6 lakh under new tax rates

Live Mint  

Budget 2025: Union Finance Minister Nirmala Sitharaman on Saturday announced new tax slab rates under the new tax regime during her Budget 2025 speech, which will benefit taxpayers across the board. During a press briefing after the Budget 2025 speech, Sitharaman said that not only those earning ₹12 lakh will not have to pay any tax, but there will be …

The budget’s horizon is closer: Just as our growth challenge needs it to be
1 month, 3 weeks ago

The budget’s horizon is closer: Just as our growth challenge needs it to be

Live Mint  

Ever since India’s government set the goal of a Viksit Bharat by 2047, Union budgets have been bifocal. This is a sign of the Centre’s confidence not just in this agenda, with its mix of short- and long-horizon gains, but also in its capacity to make full use of it amid scepticism evoked by missed targets; its revised capex for …

In economy's shifting sands, a budget to boost demand
1 month, 3 weeks ago

In economy's shifting sands, a budget to boost demand

Live Mint  

The Union budget presented by finance minister Nirmala Sitharaman on Saturday can be framed against two major shifts in the Indian economy. The latest budget numbers show that income tax is expected to account for ₹22 out of every ₹100 of receipts that will flow into the government treasury. The second major shift: In February 2021, the finance minister had …

Budget 2025 puts Rs 1 trillion in India's pocket. Will it spend for its economy?
1 month, 3 weeks ago

Budget 2025 puts Rs 1 trillion in India's pocket. Will it spend for its economy?

Firstpost  

Consumer spending is set to increase due to a mix of personal income tax changes, reductions in indirect taxes, and a strong emphasis on public investment in the budget. The immediate impact of these income tax changes will result in an additional Rs 1 lakh crore in the hands of taxpayers Finance Minister Nirmala Sitharaman, carrying a red pouch containing …

‘Band-aid for bullets,’ Rahul Gandhi slams Modi govt over Budget 2025, netizens hit back, ‘kuchh to sharam kar’
1 month, 3 weeks ago

‘Band-aid for bullets,’ Rahul Gandhi slams Modi govt over Budget 2025, netizens hit back, ‘kuchh to sharam kar’

Live Mint  

Congress leader Rahul Gandhi hit back the Centre on Saturday over Budget 2025 noting that the ‘government is bankrupt of ideas’ Commenting on the Budget 2025, which was presented by Finance Minister Nirmala Sitharaman, he posted on X, “A band-aid for bullet wounds!” “Amid global uncertainty, solving our economic crisis demanded a paradigm shift. Congress MP Rajmohan Unnithan welcomed the …

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