- India
FM announces cut in corporate tax on foreign companies to 35 per cent
New Delhi: Finance Minister Nirmala Sitharaman on Tuesday announced a reduction in the corporate tax rate on foreign companies to 35 per cent to attract foreign capital flow. Budget 2024-25 has proposed…
- India
Budget 2024-25: Govt proposes to fully exempt 3 cancer drugs from customs duty
New Delhi: The government on Tuesday proposed to fully exempt three cancer medicines from custom duties. “To provide relief to cancer patients, I propose to fully exempt three more medicines from customs…
- India
Budget 2024-25: CBI gets Rs 951 crore, slight dip from last year
New Delhi: The Centre has allocated over Rs 951 crore to the country’s premier probe agency Central Bureau of Investigation in Budget 2024-25 announced on Tuesday, a slight dip of over 1.79…
- Andhra Pradesh
Budget 2024-25: Centre unveils Rs 15,000 crore for capital development in AP
New Delhi: Finance Minister Nirmala Sitharaman on Tuesday announced Rs 15,000 crore for the development of Andhra Pradesh’s capital city this fiscal, addressing long-standing commitments under the Andhra Pradesh Reorganization Act. Presenting…
- India
Centre’s ‘no’ to special status for Bihar evokes cryptic response from Nitish
Patna: Bihar Chief Minister Nitish Kumar on Tuesday came out with a cryptic response to the Centre’s refusal to grant special category status to the state. Kumar, whose JD (U) is a…
- India
Relief for salaried class under new tax regime; 50 per cent hike in standard deduction
New Delhi: In sops for the middle class, Finance Minister Nirmala Sitharaman on Tuesday hiked standard deduction by 50 per cent to Rs 75,000 and tweaked tax slabs under the new income…
- India
Govt extends financial support for flood mitigation, irrigation projects
New Delhi: Finance Minister Nirmala Sitharaman on Tuesday announced a comprehensive financial support plan of Rs 11,500 crore to enhance flood control measures and irrigation projects across several states. Presenting the Budget…
- Business
Glad to know Hon’ble FM has read Congress manifesto: Chidambaram
New Delhi: After Union Finance Minister Nirmala Sitharaman introduced many schemes while presenting the Budget on Tuesday, former Finance Minister P. Chidambaram said that he is glad to know that the Finance…
- Business
FDI rules will be simplified, says Sitharaman in Budget speech
New Delhi: Seeking to attract more funds into the country, Finance Minister Nirmala Sitharaman on Tuesday said rules for Foreign Direct Investment (FDI) will be simplified. Presenting the Union Budget 2024-25, the…
- India
Govt to abolish angel tax on investments in startups
New Delhi: Finance Minister Nirmala Sitharaman on Tuesday announced abolishing angel tax for all classes of investors in startups. In her Budget speech, she also announced various changes with respect to tax…
- India
Budget speech more focused on posturing than action: Congress
New Delhi: The Congress on Tuesday claimed that the government seems to have finally come around to “tacitly admitting that mass unemployment is a national crisis” that requires urgent attention, as it…
- India
Govt cuts customs duty on gold, silver, mobile phones
New Delhi: Finance Minister Nirmala Sitharaman on Tuesday proposed reduction in basic customs duty on gold and silver to 6 per cent and platinum to 6.4 per cent. In her budget speech…
- Pakistan
Imran Khan, wife move court seeking jail amenities in line with ‘international standards’
Islamabad: Jailed Pakistan prime minister has moved a top court here to get jail amenities in line with international standards for him and his wife, according to a media report on Tuesday.…
- India
Row over NEET-UG physics question: IIT-D experts say there is only one correct answer
New Delhi: A panel of three experts of IIT Delhi has told the Supreme Court that there was was only one right answer and not two to a controversial physics question that…
- World
‘We’re not up against a candidate. We’re up against a machine,’ says Vivek Ramaswamy
Washington: Republican leader Vivek Ramaswamy, who had predicted President Joe Biden would not be the Democratic presidential nominee for the November election, has said the country is not running against a candidate…
