Union Budget: News
Union Budget 2023: How's new tax regime different from old
In a relief to middle-class citizens in the Union Budget 2023-24, the income tax exemption limit under the new tax regime has been increased from Rs. 2.5 lakh to Rs. 3 lakh, while the tax rebate limit was raised from Rs. 5 lakh to Rs. 7 lakh.
Centre to establish three centers of excellence to boost AI
As part of the Union Budget 2023, Finance Minister Nirmala Sitharaman announced that the government will set up three centers of excellence in order to boost artificial intelligence (AI) in India.
Union Budget 2023-24: Key announcements for women
India's Finance Minister Nirmala Sitharaman on Wednesday announced a one-time small saving scheme for women called "Mahila Samman Saving Certificate," which will stay available until March 2025.
Union Budget 2023-24: Key takeaways for the Indian auto industry
Union Finance Minister Nirmala Sitharaman presented the Budget 2023 in Parliament today, and it promises several concessions to the auto industry.
Union Budget 2023-24: Key takeaways for education sector
Union Finance Minister Nirmala Sitharaman officially presented the Union Budget 2023-2024 on Wednesday in Parliament.
Union Budget: PAN Card to become universal identifier for businesses
Union Finance Minister Nirmala Sitharaman, on Wednesday, proposed to use PAN (Permanent Account Number) card as the common identifier for digital transactions.
Union Budget 2023-24: No income tax up to Rs. 7L
Announcing the new Union Budget for 2023-24 today, Finance Minister Nirmala Sitharaman declared renewed income tax rates.
Union Budget 2023-24: Here are the key highlights
Union Finance Minister Nirmala Sitharaman presented the Union Budget for the fiscal year 2023-24 on Wednesday.
Will Union Budget 2023 boost Indian economy, what to expect
Finance Minister Nirmala Sitharaman will present the Union Budget 2023 today at 11 am.
Union Budget 2023 presentation: Tax cuts, manufacturing incentives expected
Finance Minister Nirmala Sitharaman will present the Union Budget for 2023 in Parliament on Wednesday as people are hoping for reduced taxes, better social security, and financial incentives to boost production.
What President Droupadi Murmu said during her first Parliament address
In her first address to the Parliament as the President on Tuesday, as the Budget Session began, Droupadi Murmu lauded numerous decisions taken by the central government, including the abrogation of Article 370 and abolishment of triple talaq.
Budget Session: Nirmala Sitharaman tables 2023 Economic Survey in Parliament
Finance Minister Nirmala Sitharaman on Tuesday tabled the Economic Survey 2022-23 in Parliament, following President Droupadi Murmu's maiden address to a joint session of Lok Sabha and Rajya Sabha, marking the start of the Budget Session.
Parliament Budget Session begins; President Murmu calls government fearless, decisive
The Budget Session of the Parliament kicked off on Tuesday with President Droupadi Murmu's maiden address to a joint sitting of Lok Sabha and Rajya Sabha.
Finance Minister Nirmala Sitharaman to present 2023 Economic Survey today
The central government is set to table the 2023 Economic Survey on Tuesday, a day before the Union Budget 2023-24 presentation.
Centre mulling over reducing income tax rates under new regime
The central government is mulling over lowering income tax rates in order to make the new direct tax regime more attractive, as per a report by Reuters.
Budget session of Parliament from January 31 to April 6
The Budget Session 2023 of Parliament will commence on January 31 and continue till April 6, Union Minister for Parliamentary Affairs Prahlad Joshi informed on Friday.
Parliamentary Standing Committee proposes ban on sale of loose cigarettes
A Parliamentary Standing Committee has reportedly proposed a ban on the sale of loose cigarettes across the country in order to curb tobacco use.
India's crypto trading volume dries up due to new tax
As the new 1% TDS on crypto trading kicked in on July 1, trading volumes of cryptocurrency have dried up in India.
#NewsBytesExplainer: How 1% TDS on cryptocurrency transactions will be levied
India's cryptocurrency market is holding its breath as the fateful July 1 approaches. Transfers of virtual digital assets (VDA), including cryptocurrencies and NFTs, are set to attract an additional tax deducted at source (TDS) of 1% from July 1 onward.
Major financial changes coming into effect from April 1
Several new financial changes are expected to come into effect from Friday (April 1)—the first day of the fiscal year 2022-23.
Taxing cryptocurrency is government's sovereign right: FM Sitharaman
Finance Minister Nirmala Sitharaman on Friday said the government has sovereign right to tax profit made from cryptocurrency transactions.
'How many of 2cr promised jobs were provided?' asks Kharge
Mallikarjun Kharge, the leader of Opposition in the Rajya Sabha, on Wednesday, flagged the issue of unemployment in India during the Budget Session of Parliament.
National Tele-Mental Health program to reduce stigma: NIMHANS Director
The National Tele-Mental Health program announced in the Union Budget 2022-23 will help identify mild forms of mental illness, said Dr. Pratima Murthy, Director of the National Institute of Mental Health and Neurosciences (NIMHANS).
'Nal se Jal' scheme gets budgetary boost. What is it?
The Indian government has allocated Rs. 60,000 crore to the "Har Ghar Nal se Jal" scheme for the financial year 2022-2023, Finance Minister Nirmala Sitharaman said while presenting the annual budget in Parliament.
Motion of thanks: Rahul Gandhi to open debate in LS
Congress leader Rahul Gandhi will be the first speaker from the Opposition to reply to the debate on the motion of thanks to the President's address in Lok Sabha on Wednesday.
Union Budget 2022: Here are the key takeaways
Union Finance Minister Nirmala Sitharaman on Tuesday (February 1) presented the Budget for the upcoming fiscal year, 2022-2023.
#Budget2022 people friendly, says PM; Rahul Gandhi calls it zero-sum
Prime Minister Narendra Modi on Tuesday hailed the Union Budget 2022-23 as "people-friendly and progressive."
#Budget2022: What gets costlier, what's cheaper? Check full list
Union Finance Minister Nirmala Sitharaman on Tuesday (February 1) presented her fourth annual budget in Parliament.
#Budget2022: Taxpayers can file updated ITR within 2 years
During her Budget speech, Union Finance Minister Nirmala Sitharaman said on Tuesday that the newly updated provisions will be introduced for income tax returns.
#Budget2022: 5G mobile services rollout in FY2022-23, says FinMin Sitharaman
Union Finance Minister Nirmala Sitharaman presented the Union Budget 2022-23 in Parliament on Tuesday.
#Budget2022: ECLGS to be extended till March 2023, says Sitharaman
The Emergency Credit Line Guarantee Scheme (ECLGS) will be extended till March 2023, Union Finance Minister Nirmala Sitharaman announced on Tuesday.
#Budget2022: 400 Vande Bharat trains to be introduced, says Sitharaman
Union Finance Minister Nirmala Sitharaman on Tuesday announced that 400 new Vande Bharat Express trains will be introduced in the next three years.
Union Budget 2022: What the common man is expecting?
With just one day to go for the Budget 2022 presentation, the common man is relying on Finance Minister Nirmala Sitharaman for subsidies, incentives, and tax deductions, among other benefits.
Budget session 2022: What to expect on Day 1?
The Budget session of the Parliament kicked off on Monday with President Ram Nath Kovind's address to both houses.
2021 Union Budget sets pace for 'Aatmanirbhar Bharat': Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman on Saturday said the Union Budget 2021-22 has set the pace for India to become Aatmanirbhar Bharat, replying to debate on the Budget in Lok Sabha.
Government could reserve 10% of LIC IPO for policyholders
In her annual Budget speech, Finance Minister Nirmala Sitharaman said that the initial public offering (IPO) of Life Insurance Corporation of India (LIC) will be launched this year.