News
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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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High command will address ED’s targeting of Karnataka govt: Siddaramaiah
Bengaluru: Karnataka Chief Minister Siddaramaiah on Tuesday said that he has discussed the issue of the Enforcement Directorate (ED) targeting the Congress government with the party’s high command and they will address…
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UAE to soon provide health insurance with tourist visa
Abu Dhabi: In a significant move, the United Arab Emirates (UAE) Federal Authority for Identity, Citizenship, Customs, and Port Security (ICP) has announced a health insurance for tourist visas as part of…
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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…
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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…
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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…
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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…
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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…
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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…
