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Govt cuts borrowing target to Rs 14.01 lakh crore for FY25
New Delhi: The government has lowered its borrowings estimate for the current financial year to 14.01 lakh crore as there is an improvement in tax collection. The government has to borrow by…
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Budget 2024-25: Union health ministry allocated Rs 90,958.63 crore
New Delhi: The Union health ministry has been allocated Rs 90,958.63 crore in the 2024-2025 budget, an increase of 12.96 per cent over the Rs 80,517.62 crore 2023-24 revised estimates. The government…
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Union Budget 2024-25: FM announces Rs 1,000 crore VC fund for space sector
New Delhi: The government will set up a venture capital fund of Rs 1,000 crore to promote space technology, Finance Minister Nirmala Sitharaman said on Tuesday, an announcement welcomed warmly by the…
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Govt unveils Rs 1.52 lakh crore agri push; focus on research, sustainability, tech integration
New Delhi: Finance Minister Nirmala Sitharaman on Tuesday announced a Rs 1.52 lakh crore allocation for agriculture and allied sectors in 2024-25, outlining a comprehensive plan to boost research, promote sustainable farming,…
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First Budget of Modi 3.0 puts India on path of becoming a world power: Ajit Pawar
Mumbai: Maharashtra Deputy Chief Minister and NCP national President Ajit Pawar on Tuesday hailed the first Budget of Modi 3.0, saying that it puts India on the path of becoming a world…
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Budget 2024-25: Centre proposes Rs 26,000 crore for road projects in Bihar
New Delhi: The Centre on Tuesday proposed an outlay of Rs 26,000 crore for various road projects in Bihar. In her Budget for 2024-25, Finance Minister Nirmala Sitharaman said the Union government…
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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…
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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…
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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…
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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…
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India-UAE flight: IndiGo to launch 3 new routes, check details
India’s low-cost airline, IndiGo Airlines, has announced the launch of direct flights from Mangaluru, Coimbatore, and Tiruchirappalli to Abu Dhabi, United Arab Emirates (UAE), starting August 2024. The airline also announced a…
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SC delivers split verdict on release of GM mustard
New Delhi: The Supreme Court on Tuesday delivered a split verdict on a batch of pleas opposing the release of Genetically Modified Organisms (GMOs) into the environment, unless a robust regulatory system…
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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…
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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…
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Mobile phones to get cheaper as Nirmala Sitharaman reduces basic customs duty
New Delhi: Finance Minister Nirmala Sitharaman announced a reduction of 15 per cent in the Basic Customs Duty (BCD) on mobile phones while presenting the Union Budget for the fiscal year 2024-25…
