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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 […]

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 […]

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 […]