K’taka received more than allocated funds from Centre; no substance in criticism on Union Budget: BJP

Bengaluru, Feb 3 (IANS) Reacting to the criticism by the Congress leadership over the Union Budget 2025-26 and the Union Finance Minister Nirmala Sitharaman, the Karnataka BJP said on Monday that the state has received more than the allocated funds from the Central government, adding that “there is no substance in criticism on Union Budget”. […]
IT concessions in Union Budget a boon for middle class: Bengal Guv

Kolkata, Feb 3 (IANS) West Bengal Governor, C.V. Ananda Bose, on Monday, described the Union Finance Minister Nirmala Sithraman’s proposal to raise the minimum tax slab to Rs 12 lakhs from Rs 7 lakhs in the new regime in addition to Rs 75,000 of the standard deduction for salaried taxpayers as the real boon for […]
Budget 2025: Relief for homeowners as no tax on second self-occupied house

New Delhi, Feb 2 (IANS) The Union Budget 2025 presented brought good news for homeowners, as Finance Minister Nirmala Sitharaman announced new tax benefits. Under the proposed changes, homeowners will now be able to claim a nil valuation for two self-occupied houses instead of just one, as was previously allowed. The Budget suggests amending Section […]
Indian stock market ends flat after Union Budget, small-cap stocks shine

Mumbai, Feb 1 (IANS) The Indian stock market on Saturday closed flat over weak global cues as Union Finance Minister Nirmala Sitharaman presented the Union Budget 2025-26 in Parliament. Despite touching the day’s high of 77,899.05, the BSE Sensex settled at 77,505.96 with 5.39 points or 0.01 per cent up from its previous close. The […]
In true ‘Vishwa Bandhu’ spirit, India allocates Rs 5,483 crore for foreign aid in Union Budget 2025

New Delhi, Feb 1 (IANS) The Ministry of External Affairs (MEA) has allocated Rs 5,483 crore for aid to foreign nations, slightly higher than last year’s Rs 4,883 crore, it was announced in the Union Budget 2025-26 on Saturday. The MEA has been allocated Rs 20,516.61 crore, which is lower than the revised estimate of […]
Noida entrepreneurs hail Union Budget 2025, highlight growth-boosting measures

Noida, Feb 1 (IANS) As Union Finance Minister Nirmala Sitharaman presented the Union Budget 2025, it was met with praise from entrepreneurs in Noida, particularly for the tax relief and initiatives aimed at fostering business growth. One key announcement was the removal of income tax for individuals earning up to Rs 12 lakh annually. Speaking […]
Union Budget 2025: UDAAN will expand regional connectivity & boost tourism in NE, says Industry body

Guwahati, Feb 1 (IANS) The Federation of Industry and Commerce of North Eastern Region (FINER) hailing the Union Budget 2025 on Saturday said that the modified UDAAN scheme would expand regional connectivity and tourism opportunities in the northeast. FINER President Bajrang Lohia said that the measures proposed by the Union Finance Minister Nirmala Sitharaman in […]
Budget 2025-26 paves way for agriculture, MSMEs to accelerate inclusive growth (Roundup)

New Delhi, Feb 1 (IANS) The Union Budget 2025-2026, presented on Saturday by Finance Minister Nirmala Sitharaman under Modi 3.0, reflects a continuation of the government’s efforts to accelerate growth with inclusive development, invigorate private sector investments, and enhance spending power of India’s rising middle class to give a fillip to aggregate demand in the […]
Budget allocates 19 pc outlay increase for Ministry of Textiles

New Delhi, Feb 1 (IANS) The Union Budget on Saturday announced a 19 per cent increase in the Budget Estimates for the Ministry of Textiles for 2025-26 at Rs 5,272 crore over budget estimates of Rs 4,417.03 crore in 2024-25. According to the Ministry of Textiles, to address the challenges of stagnant cotton productivity, the […]
Budget 2025 reflects sensitivity of govt, gives quantum stride to realising Viksit Bharat: Jitendra Singh

New Delhi, Feb 1 (IANS) The Union Budget 2025-26 reflects the sensitivity of the government and gives a quantum stride towards realising Viksit Bharat in 2047, said Jitendra Singh, Union Minister of State (Independent Charge) Science & Technology on Saturday. The Union Budget was tabled in the Parliament by Finance Minister Nirmala Sitharaman. It was […]