Global News for You – Top News – Current News
New Delhi: Congress MP Shashi Tharoor on Saturday reacted to the Union Budget presented by Finance Minister Nirmala Sitharaman, questioning what would happen to those who are not employed. Mr Tharoor’s statements were in response to the revised tax slabs and rates under the new regime. “I think, frankly, the applause you heard from the…
Representative image | Photo Credit: MURALI KUMAR K The Union government in the FY25 Budget on Saturday (February 1, 2025) announced a scheme to make India a global hub for toys by focusing on cluster development. Finance Minister Nirmala Sitharaman in her budget speech said the scheme will focus on development of clusters, skills, and…
The IndiaAI mission got the highest increase in allocation Finance Minister Nirmala Sitharaman presented the Union Budget for 2025, unveiling the eighteenth Cabinet’s plans for funding the integration of Artificial Intelligence (AI) in various fields. Allocations for all schemes related to AI have seen significant increases since the previous Union Budget. In her 8th Budget…
Finance Minister Nirmala Sitharaman presented her eighth record Budget in the Lok Sabha that comes in the backdrop of growth slowing down to four-year-low of 6.4%. This is the second Budget of the BJP-led NDA Government in its third term in office. Ms. Sitharaman started her speech by saying that this Budget will initiate reforms…
Finance Minister Nirmala Sitaraman on Saturday (February 1, 2025) presented the Union government’s second budget after the NDA secured third consecutive win in 2024. Union Budget 2025 LIVE updates Borrowings and other liabilities form the largest chunk of where money flows in from for this Budget, at 24%, last year it was 27%. At the…
Image for representative purpose | Photo Credit: The Hindu Presenting the Union Budget for 2025 in the Parliament on Saturday (February 1, 2025), Finance Minister Nirmala Sitharaman listed measures to expand affordable housing. Ms. Sitharaman announced that 40,000 units of housing would be completed in 2025-26 to help families which have taken loans to buy…
In the most anticipated announcement this budget, Finance Minister Nirmala Sitharaman announced there would be no income tax for incomes up to ₹12 lakhs. She termed it as commitment and trust on the middle class. Effectively, under the new tax regime considering the erstwhile standard deduction of ₹75,000, income of up to ₹12.75 would have…
New Delhi: Union Finance Minister Nirmala Sitharaman’s attire on Union Budget days has always gained attention for the past seven years. Her different coloured sarees with unique embroidering have told a different tale. This year, the minister’s record eighth consecutive Budget, she draped an off-white handloom silk saree with fish-themed embroidery and a golden border –…
