‘Force multiplier’, PM Modi hails Union Budget 2025, says ‘will fulfill dreams of 140 crore Indians’
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1 month, 3 weeks ago

‘Force multiplier’, PM Modi hails Union Budget 2025, says ‘will fulfill dreams of 140 crore Indians’

Live Mint  

Budget 2025: Prime Minister Narendra Modi on Saturday lauded Union Budget 2025 as a ‘force multiplier’ and said, “The Viksit Bharat Budget 2025 reflects our Government’s commitment to fulfilling the aspirations of 140 crore Indians.” Hours after the Budget was presented by Union Finance Minister Nirmala Sitharaman, Prime Minister Modi hailed it as a “people’s Budget that will boost savings and investment”. WATCH PM MODI'S COMMENTS ON UNION BUDGET 2025 “This budget is a force multiplier. On Agriculture Sector Amid Opposition benches chanting the missing mention of farmer demands on MSP, PM Modi said, “PM Modi says Budget's announcements for farmers will revolutionise agriculture sector and rural economy.” “The announcement made for farmers in the budget will become the basis of a new revolution in the agriculture sector and the entire rural economy.The limit of 'Kisan Credit Card' will be increased to ₹5 lakhs, which will help them more”, PM Modi added. In his comments on the Budget 2025, PM Modi cited proposed measures for manufacturing sector, asserting goal of his government is to “allow Indian products to shine globally”.

India Budget Indian Income 2025 Crore Pm Modi Lakh This Budget Nirmala Sitharaman Union Budget 140 Crore Indians Modi Hails Hails Union Modi Hails Union  savings  fulfill  lakh  minister  dreams  2025  sector  force  budget  indians  crore  multiplier  income  modi  hails  union  bharat

History of this topic

Haryana CM presents ₹2.05 lakh cr budget with aim to make state ‘future capable’
Trending News
6 days, 8 hours ago

Haryana CM presents ₹2.05 lakh cr budget with aim to make state ‘future capable’

Hindustan Times  

Chief minister Nayab Singh Saini on Monday proposed a ₹2.05 lakh crore state budget for the 2025-26 financial year, 13.7% up from the revised estimates of 2024-25, in the assembly on Monday. Haryana chief minister Nayab Singh Saini, who also holds the finance portfolio, presenting the state budget for 2025-26 in the assembly in Chandigarh on Monday. Presenting his first …

A Federal Dilemma: How The New Income Tax Bill 2025 Threatens State Revenues And Fiscal Autonomy
6 days, 19 hours ago

A Federal Dilemma: How The New Income Tax Bill 2025 Threatens State Revenues And Fiscal Autonomy

Live Law  

The New Income Tax Bill 2025 is regarded as a significant reform intended to streamline tax systems and enhance compliance. This article critically examines how the New Income Tax Bill 2025 jeopardizes fiscal federalism, the growing dependence on non-divisible surcharges and levies, and the potential risks states may soon face with diminishing financial strength and reduced fiscal autonomy. Although the …

Mahayuti avoids populist schemes in the first budget after returning to power
1 week, 5 days ago

Mahayuti avoids populist schemes in the first budget after returning to power

Hindustan Times  

Mumbai: Four months after winning the Maharashtra assembly elections on the back of a slew of populist schemes, the Mahayuti government’s first budget after retaining power reflected an estimated debt of ₹9,32,242 crore for the financial year 2025-26, which is the highest in the state’s history. Populist schemes worth ₹96,000 crore announced in last year’s budget in June, weeks after …

Assam Budget 2025: Professional tax exemption, bumper cheque for women
Trending News
1 week, 6 days ago

Assam Budget 2025: Professional tax exemption, bumper cheque for women

Live Mint  

Assam Finance Minister Ajanta Neog presented the state budget for the financial year 2025-26 in the state assembly on March 10. Ahead of the 2026 assembly polls in the state, this is the last full-fledged budget of the Himanta Biswa Sarma-led Assam government. Here are the 10 key highlights from the budget: TAX EXEMPTION: The budget proposed to exempt professional …

Karnataka Budget 2025 is gift to people: Dy CM DK Shivakumar
2 weeks, 1 day ago

Karnataka Budget 2025 is gift to people: Dy CM DK Shivakumar

Hindustan Times  

Karnataka Deputy Chief Minister DK Shivakumar on Friday lauded the 2025 state budget as a gift to the people of Karnataka. Ahead of this, Karnataka Chief Minister Siddaramaiah, while presenting the Budget, claimed that the state government has maintained the fiscal deficit of the state for the financial year 2025-26. According to the Karnataka government's Budget for the financial year …

Chhattisgarh presents Rs 1.65 lakh cr budget for FY 2025-26, key focus on growth, infrastructure, welfare
2 weeks, 5 days ago

Chhattisgarh presents Rs 1.65 lakh cr budget for FY 2025-26, key focus on growth, infrastructure, welfare

India TV News  

Chhattisgarh presents Rs 1.65 lakh cr budget for FY 2025-26, key focus on growth, infrastructure, welfare Chhattisgarh’s Rs 1.65 lakh crore budget for 2025-26 focuses on growth, infrastructure, and welfare under the ‘GATI’ theme. Chhattisgarh’s Finance Minister OP Chaudhary on Monday presented the state’s budget for the financial year 2025-26, amounting to Rs 1,65,000 crore. Welfare and agricultural support The …

Maharashtra Budget 2025: Ajit Pawar’s Strategy to Tackle Debt, Review Schemes, and Spur Growth
Trending News
2 weeks, 6 days ago

Maharashtra Budget 2025: Ajit Pawar’s Strategy to Tackle Debt, Review Schemes, and Spur Growth

The Hindu  

Published : Mar 03, 2025 21:17 IST - 4 MINS READ In the first three days of March, Maharashtra’s financial situation was revealed: It tops the chart in the country’s State numbers for GST collection for February 2025, with Rs.30,637 crore; the State finance minister, Ajit Pawar, sought a supplementary Rs.6,486 crore on March 3. They spent big money: The …

Bihar govt. tables Budget of ₹3.17 lakh crore for the year 2025-26
2 weeks, 6 days ago

Bihar govt. tables Budget of ₹3.17 lakh crore for the year 2025-26

The Hindu  

Ahead of the State elections in October-November this year, the Bihar government on Monday tabled estimated Budget of ₹3,16,895.02 crore in the Assembly for the financial year 2025-26. The Deputy Chief Minister Samrat Choudhary who also holds finance department said that the State government would spend ₹60,954 crores on education, ₹20,335 crores on health, ₹16,193 crores on rural development and …

Jharkhand Budget 2025: Government tables ₹1.45 lakh crore Budget for FY 2025-26 in Assembly
Trending News
2 weeks, 6 days ago

Jharkhand Budget 2025: Government tables ₹1.45 lakh crore Budget for FY 2025-26 in Assembly

The Hindu  

The Jharkhand Government on Monday tabled a ₹1.45 lakh crore Budget for the financial year 2025-26 in the State Assembly. The Jharkhand Mukti Morcha -led coalition Government had presented a Budget of ₹1.28 lakh crore for the 2024-25 financial year. Presenting the first budget of the Heman Soren’s government after retaining power in the assembly election last year, Mr. Kishore …

Delhi Government to present 2025-26 budget between March 24-26: Rekha Gupta
Trending News
2 weeks, 6 days ago

Delhi Government to present 2025-26 budget between March 24-26: Rekha Gupta

Hindustan Times  

Chief Minister Rekha Gupta on Monday said the Delhi government will present the 'Viksit Delhi' budget for 2025-26 in the assembly between March 24 and 26. Rekha Gupta reiterated that all promises made in the BJP's 'Sankalp Patra' will be fulfilled Addressing a press conference, she said the budget will be prepared after incorporating suggestions from various sections of society. …

Nitish Kumar pats his deputy Samrat Choudhary's back after his Bihar budget presentation | Watch
2 weeks, 6 days ago

Nitish Kumar pats his deputy Samrat Choudhary's back after his Bihar budget presentation | Watch

India TV News  

Nitish Kumar pats his deputy Samrat Choudhary's back after his Bihar budget presentation | Watch Bihar Deputy Chief Minister Samrat Choudhary, who holds the finance portfolio, presented the current state budget 2025, the last before the state goes to polls later this year. Bihar Chief Minister Nitish Kumar on Monday was seen patting his deputy Samrat Choudhary's back moments after …

Uttarakhand government unveils Rs 1,01,175 crore budget with focus on infrastructure, welfare
1 month ago

Uttarakhand government unveils Rs 1,01,175 crore budget with focus on infrastructure, welfare

New Indian Express  

DEHRADUN: In a bold move to enhance infrastructure while maintaining economic stability, the Pushkar Singh Dhami-led Uttarakhand government has unveiled a Rs 1,01,175.33 crore budget for the financial year 2025-26. "This budget focuses on key sectors such as agriculture, industry, energy, infrastructure, connectivity, tourism, and Ayush," Aggarwal stated, underscoring the government's commitment to fostering growth across multiple domains. In an …

Odisha CM Mohan Majhi presents Budget of ₹2,90,000 crore for 2025-26 fiscal
1 month ago

Odisha CM Mohan Majhi presents Budget of ₹2,90,000 crore for 2025-26 fiscal

The Hindu  

Odisha Chief Minister Mohan Charan Majhi on Monday presented the State’s annual Budget for 2025-26 with total outlay of ₹2,90,000 crore, prioritising capital expenditure which is pegged at ₹65,012 crore – 6.1% of Gross State Domestic Product. Presenting his first full budget after Bharatiya Janata Party came to power in Odisha in June 2024, Mr. Majhi said, “I propose the …

Union Budget 2025-26: Highlights from Nirmala Sitharaman’s post-budget presser
1 month ago

Union Budget 2025-26: Highlights from Nirmala Sitharaman’s post-budget presser

The Hindu  

Finance Minister Nirmala Sitharaman held a press conference after an interaction post Union Budget 2025-26. On the question of FIIs and retail investors, the finance minister held that Indian markets today are also yielding good returns and profit booking is also happening. On FII money outflow Adding to the Finance Minister’s statement, Finance Secretary Tuhin Kanta Pandey held that it …

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

Parliament Budget Session Day 9 LIVE: Finance Minister Nirmala Sitharaman replies to Budget discussion in Rajya Sabha
1 month, 1 week ago

Parliament Budget Session Day 9 LIVE: Finance Minister Nirmala Sitharaman replies to Budget discussion in Rajya Sabha

The Hindu  

February 13, 2025 16:35 Recurring themes of transparency, co-operative federalism since 2020-21: Finance Minister Nirmala Sitharaman Finance Minister Nirmala Sitharaman mentions features of budget-making in the past 4-5 years which “speak for themselves.” She notes that during the pandemic years, the government’s attempt resulted in India becoming “fragile five,” while after Covid, with targeted support to those who needed help, …

Shashi Tharoor’s hilarious Coldplay jibe at Sitharaman’s income tax cuts: ‘Coldplay says fix you, FM says tax you’
1 month, 1 week ago

Shashi Tharoor’s hilarious Coldplay jibe at Sitharaman’s income tax cuts: ‘Coldplay says fix you, FM says tax you’

Live Mint  

Congress leader Shashi Tharoor took a witty dig at Finance Minister Nirmala Sitharaman’s Union Budget 2025, using a Coldplay-inspired metaphor. Known for his sharp humour, Tharoor critiqued the budget in an Instagram reel, saying, “Coldplay says ‘Fix You,’ but the Finance Minister says ‘Tax You.’” Tharoor quipped, “Even Chris Martin wouldn’t be able to find paradise in these numbers. But …

‘Making budget more difficult than before; govt to use 99% borrowings in FY26 for capex’: FM Sitharaman
1 month, 1 week ago

‘Making budget more difficult than before; govt to use 99% borrowings in FY26 for capex’: FM Sitharaman

Live Mint  

Union finance minister Nirmala Sitharaman said on Tuesday, February 12, 2025, that the government will use almost all its borrowing in 2025-26 to finance capital expenditure. FM Sitharaman highlighted the effective capex in FY26 is ₹15.48 lakh crore, which is 4.3 per cent of the gross domestic product. So, in effect, the government intends to use about 99 per cent …

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, 1 week 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 …

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 …

How Modi’s Union budget played a key role in BJP’s victory in Delhi assembly elections
1 month, 2 weeks ago

How Modi’s Union budget played a key role in BJP’s victory in Delhi assembly elections

Live Mint  

The BJP's return to Delhi after 27 years, one of their strongest showings ever in the national capital, has been boosted in no small way by last week's Union budget, which slashed income tax for the salaried middle class, a key voting bloc in the capital. Almost 30 years later, the same middle class has swung them back to power,” …

Budget 2025: Modi Government’s Key Welfare Schemes Cost 5 Lakh Crore Annually, Show Limited Impact
1 month, 2 weeks ago

Budget 2025: Modi Government’s Key Welfare Schemes Cost 5 Lakh Crore Annually, Show Limited Impact

The Hindu  

Published : Feb 06, 2025 14:47 IST - 5 MINS READ In the recent Union Budget, the BJP government has once again paraded its so-called achievements in the Budgetary announcements—billions allocated, millions covered, and proclamations of “Viksit Bharat” by 2047. And yet, four years later, the government has extended it for another five years at an estimated cost of Rs.11.80 …

NDA govt has left more money in the hands of middle class by lowering income tax: PM Modi
1 month, 2 weeks ago

NDA govt has left more money in the hands of middle class by lowering income tax: PM Modi

Live Mint  

New Delhi: Prime minister Narendra Modi on Tuesday said the income tax rationalization undertaken by the Centre in the last 10 years has left more money in the hands of the middle class. "In the last years, by lowering income tax we have increased the income of the middle class. Presenting the budget, finance minister Nirmala Sitharaman had said that …

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 …

Respecting service of taxpayers: Nirmala Sitharaman on Budget income tax breaks
Trending News
1 month, 2 weeks ago

Respecting service of taxpayers: Nirmala Sitharaman on Budget income tax breaks

India Today  

Finance Minister Nirmala Sitharman on Tuesday said that the tax relief given in Budget 2025 was Prime Minister Narendar Modi's effort to respect the service the taxpayers are doing for nation building. So this is a continuing part of Prime Minister Modi's effort to respect the service that taxpayers are doing in mission building," said Sitharman at the Budget Round …

Raja Venkatraman reviews top sectors from this Budget and recommends a stock from each sector for today — 3 February
1 month, 2 weeks ago

Raja Venkatraman reviews top sectors from this Budget and recommends a stock from each sector for today — 3 February

Live Mint  

On February 1, the market displayed a fair amount of volatility, with the benchmark indices showing mixed movements. Sectors to watch out for in 2025 Automotive The Union Budget 2025 introduces significant reforms to boost India's auto sector. Overall, the Union Budget 2025 aims to accelerate the transition towards cleaner, more sustainable mobility while supporting domestic manufacturing, innovation, and economic …

Budget 2025: Today's consumption will fuel tomorrow's capex
1 month, 2 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 …

‘Taxpayers build nation they’ll drive demand,’ says FM Nirmala Sitharaman
1 month, 2 weeks ago

‘Taxpayers build nation they’ll drive demand,’ says FM Nirmala Sitharaman

Hindustan Times  

The Prime Minister Narendra Modi-led government has sought to respect the taxpayer instead of following a rent-seeking approach, finance minister Nirmala Sitharaman said on Sunday, emphasising that the huge tax relief announced in Saturday’s Union Budget was an acknowledgement of the contribution of citizens who pay their fair share towards nation-building, or, as she repeatedly stressed, a manifestation of “respect”. …

Budget 2025 overlooks joblessness
Trending News
1 month, 2 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 …

Delhi polls: BJP says budget ‘revolutionary’, AAP calls it ‘deceptive’
1 month, 3 weeks ago

Delhi polls: BJP says budget ‘revolutionary’, AAP calls it ‘deceptive’

Hindustan Times  

The Bharatiya Janata Party and the Aam Aadmi Party on Sunday took on one another over the merits of the Union Budget 2025-26 in multiple press conferences over the day. BJP’s national spokesperson Sudhanshu Trivedi said that “Delhi will benefit the most” from the announcements in the budget, especially pertaining to urban development, power and tax relief, AAP’s Saurabh Bharadwaj …

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 …

Union Budget 2025: Bihar given ‘full’ attention; A.P. received ‘nil’, says State Congress president Y.S. Sharmila
1 month, 3 weeks ago

Union Budget 2025: Bihar given ‘full’ attention; A.P. received ‘nil’, says State Congress president Y.S. Sharmila

The Hindu  

Andhra Pradesh Congress Committee president Y.S. Sharmila has slammed the Centre for “making meagre allocations for Andhra Pradesh in the Union Budget”. Taking to the social media platform X, she alleged that Prime Minister Narendra Modi’s budget was discriminatory. “The budget is ‘full’ for Bihar, and ‘Nill’ for Andhra Pradesh,” she said. The State Congress chief wondered why Nitish Kumar’s …

Budget 2025 - A fine blend of tax reforms and growth
1 month, 3 weeks ago

Budget 2025 - A fine blend of tax reforms and growth

Live Mint  

Finance minister Nirmala Sitharaman has delivered a realistic and positive punch to keep the economy progressing, especially with a strong push to boost urban consumption, at a very crucial time of challenges globally and domestically. The fiscal deficit target was brought down by 40 basis points to 4.4% of gross domestic product when geopolitical headwinds, global uncertainties, depreciating rupee, slowdown …

PM Modi rally in Delhi: ‘BJP only party to respect middle class, Budget fulfils Modi’s guarantees’
1 month, 3 weeks ago

PM Modi rally in Delhi: ‘BJP only party to respect middle class, Budget fulfils Modi’s guarantees’

The Hindu  

Lauding the Union Budget presented by Finance Minister Nirmala Sitharaman, Prime Minister Narendra Modi said only the BJP respected the middle class of the country and the Budget was focused on ensuring that “Modi’s Guarantees” were fulfilled. Delhi Assembly elections 2025: Full coverage Addressing his final rally in the capital at R.K. Puram ahead of the Delhi Assembly election in …

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 …

Delhi Assembly election 2025 LIVE updates: Most middle class friendly Budget, says PM Modi at poll rally
1 month, 3 weeks ago

Delhi Assembly election 2025 LIVE updates: Most middle class friendly Budget, says PM Modi at poll rally

The Hindu  

As the campaigning for the Delhi Assembly polls enters its last leg, Prime Minister Narendra Modi on Sunday said the Union Budget has brought cheer to every average household even as he called it the “most middle class friendly budget in India’s history”. Addressing an election rally in RK Puram in New Delhi, PM reiterated his poll slogan of “Modi …

Budget 2025: 'Hits the perfect note', here's how industry leaders react to key announcements
1 month, 3 weeks ago

Budget 2025: 'Hits the perfect note', here's how industry leaders react to key announcements

India TV News  

Union Budget 2025 is welcomed with open arms by the ace industry leaders. One of the biggest announcements in yesterday's Budget was income tax exemption for people earning up to Rs 12 lakh per annum. Uday Kotak's reaction to Budget 2025 Uday Kotak called the tax benefits a 'tax sweetener for the middle class' on his X profile. Harsh Goenka's …

The Hindu Morning Digest, February 2, 2025
1 month, 3 weeks ago

The Hindu Morning Digest, February 2, 2025

The Hindu  

Union Budget 2025: Tax bonanza for middle class If your car is sputtering, and a faulty fading battery appears to be the cause, the only immediate alternative is to try and jumpstart it by hooking it up with another running car. Finance Minister Nirmala Sitharaman sought to do just that on Saturday with her Union Budget for 2025-26 — jumpstart …

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 …

After Budget fires up hopes for a consumption boost, eyes on RBI for a double thrust
1 month, 3 weeks ago

After Budget fires up hopes for a consumption boost, eyes on RBI for a double thrust

Live Mint  

New Delhi: Following finance minister Nirmala Sitharaman’s proposed income tax relief for salaried individuals, India’s consumer industry executives are looking forward to a rate cut that could provide a further boost to fire up India’s sluggish urban consumption. “This budget would kickstart a virtuous cycle of consumption-led growth," said Sanjiv Puri, president, Confederation of Indian Industry, and chairman and managing …

‘Politically driven with an eye on Delhi and Bihar elections’: Opposition flays budget
1 month, 3 weeks ago

‘Politically driven with an eye on Delhi and Bihar elections’: Opposition flays budget

New Indian Express  

Highlighting the financial performance in 2024-25, he said the revised revenue receipts are lower by Rs 41,240 crore and the revised net tax receipts by Rs 26,439 crore. “The cruelest cuts were in allocations for the SC, ST, OBC and minorities,” he said citing examples of PM Anysuchit Jaati Abhyuday Yojana and PM Young Achievers Scholarship for OBC, EBC, DNT. …

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 …

No income tax upto Rs 12 lakh: Social media sparks meme frenzy after Budget 2025, netizens in celebration mode
1 month, 3 weeks ago

No income tax upto Rs 12 lakh: Social media sparks meme frenzy after Budget 2025, netizens in celebration mode

India TV News  

The internet is buzzing with emotions after Finance Minister Nirmala Sitharaman announced a tax break for India's middle class on Saturday, claiming that those earning up to Rs 12 lakh will not be required to pay any income tax under the new regime. Nirmala Sitharaman, who delivered the Union Budget for 2025-26 in the Lok Sabha at 11 a.m., stated …

Budget 2025 supports growth but needs stronger focus on innovation: CavinKare CMD
1 month, 3 weeks ago

Budget 2025 supports growth but needs stronger focus on innovation: CavinKare CMD

New Indian Express  

India’s economic landscape is evolving amid global uncertainties, yet the country remains on a strong growth trajectory. The Union Budget 2025 reinforces India’s commitment to inclusive growth, fiscal discipline, and economic competitiveness. The MSME credit guarantee limit has doubled to Rs 10 crore, while microcredit card limits of Rs 5 lakh will enhance liquidity and boost consumption. Agriculture and food …

PM quickly got behind tax cut, bureaucrats took convincing: Finance Minister
1 month, 3 weeks ago

PM quickly got behind tax cut, bureaucrats took convincing: Finance Minister

India Today  

Union Finance Minister Nirmala Sitharaman on Sunday said Prime Minister Narendra Modi was clear about the need for tax relief in the Union Budget and supported the income tax rebate, adding that it took time to convince the bureaucrats. VIDEO | Full Interview: "PM Modi was very clear, it was tough to convince board and ministry," Finance Minister Nirmala Sitharaman …

Empowerment, growth, and tax relief: Economists cheer Union budget
1 month, 3 weeks ago

Empowerment, growth, and tax relief: Economists cheer Union budget

Hindustan Times  

Economists have lauded the Union Budget 2025 for providing substantial relief to middle-class income taxpayers, with hopes that the measures will stimulate economic growth and boost consumption. This tax relief is expected to enhance purchasing power, increasing consumption and ultimately stimulating economic activity.” He further noted that the resulting rise in demand could also encourage savings and investment, widening the …

Union Budget 2025: Focus on creating jobs, skill training
1 month, 3 weeks ago

Union Budget 2025: Focus on creating jobs, skill training

Hindustan Times  

The Narendra Modi government on Saturday substantially increased its fund allocations for skill trainings and livelihood programmes in the Union Budget 2025-26 as part of its ambitious target of having 100% skilled labour with meaningful employment in the country. Finance minister Nirmala Sitharaman’s eighth budget focussed on employment generation and skill development as key areas — themes that also dominated …

Union Budget 2025: It’s a mixed bag for Tamil Nadu
1 month, 3 weeks ago

Union Budget 2025: It’s a mixed bag for Tamil Nadu

The Hindu  

The Union Budget for 2025-26, presented by Finance Minister Nirmala Sitharaman on Saturday, is a mixed bag for Tamil Nadu. The DMK government’s slew of requests, including allocation of funds for the Chennai Metro Rail Project and disaster relief, did not find a mention in the Budget speech, while broader measures, including income tax benefits under the New Tax Regime, …

Watch: Budget 2025 round-up: Bonanza for the middle class
1 month, 3 weeks ago

Watch: Budget 2025 round-up: Bonanza for the middle class

The Hindu  

Ahead of the Budget, there was an expectation that the government would provide some relief for the middle class, which has been stuck in a rut lately. FM Nirmala Sitharaman delivered a big announcement for this class -- in her Budget speech, she announced that there would be no income tax for incomes up to ₹12 lakh. The Finance Minister …

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