Annual Budget
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Trump Administration Tells Pentagon To Slash Budget
The Trump administration has ordered senior US military leaders to plan for expansive cuts that could slash the defense budget by eight percent annually, or some $290 billion within the next five years, US media reported Wednesday.
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"What Happens If You Don't Have A Job?" Shashi Tharoor On Union Budget 2025
Budget 2025: According to the slabs revised under the new tax regime, those earning up to Rs 12 lakh annually won't have to pay any income tax.
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What Rs 12 Lakh Exemption Means And How Tax Is Calculated If You Earn More
The government has revised the tax structure under the new regime with Finance Minister Nirmala Sitharaman announcing that those earning up to Rs 12 lakh annually won't have to pay any income tax.
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Government Axes Import Tax on Some Smartphone Parts in Boost to Apple, Xiaomi
Finance Minister Nirmala Sitharaman announced the removal of import duties on key mobile phone components in the annual budget, boosting local production and benefiting firms like Apple and Xiaomi. India's electronics production has more than doubled in six years, making the country the world's second-largest mobile phone manufacturer.
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Food Delivery Apps Add Extra Rs 12,000 Annual Burden To Average Indian Household Budget: Report
The report shows how seemingly insignificant additional fees on food delivery platforms eventually add up, significantly affecting household budgets.
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Tax Slabs Changed, How Much Will You Pay With Rs 10 Lakh Annual Income?
Earlier, a salaried employee earning Rs 10 lakh per annum was supposed to pay an income tax of roughly Rs 52,500 under the new regime. Under the revised tax slabs in the new tax regime, he/she will have to pay around Rs 42,500.
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Union Budget 2024: Why India Has Two Budgets This Year
India has two budgets this year due to the recent general elections. The Interim Budget, presented before the election, was a temporary measure to ensure continuous government funding until a new government took office.
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Investors Expect Crypto Tax Could Continue as Nirmala Sitharaman Returns as Finance Minister
The Indian crypto circle has been waiting for FM Sitharaman to revise the tax laws imposed over the crypto sector. Despite the outcry, the finance minister did not announce any taxation relief for the crypto sector while presenting the interim annual budget earlier this year. Her re-appointment to the finance minister’s position has sparked conce...
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Why No Economic Survey To Be Presented Ahead Of Interim Budget 2024
Economic Survey, an annual document released by the Finance Ministry, provides a detailed account of the state of the country's economy through various key indicators.
-
Budget 2024 FAQs: What You Need To Know
Ahead of the Union Budget 2024, here's a primer on everything related to the annual process, including key terms to know.
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When Was Income Tax Introduced In Union Budget? Know This And Other Interesting Facts
Union Budget 2024: Finance Minister Nirmala Sitharaman hold the record for giving the longest budget speech in India's history.
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Need To Enhance Budget For Defence Research, Suggests Parliamentary Panel
A parliamentary standing committee on Wednesday recommended higher budgetary outlay for research and development in the annual defence budget in line with India's aspirations to become a global leader in manufacturing of military platforms.
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Congress Releases 'Minority Declaration' Ahead Of Polls In Telangana
The Telangana Congress has said it would increase the budget up to Rs 4,000 crore annually towards minority welfare, besides conducting the caste census within six months after coming to power, if elected in the November 30 assembly polls.
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Rs 52,000 Crore For 5 Poll Promises: Siddaramaiah Presents Record 14th Budget
Seeking to highlight the Congress party's poll promises, Karnataka Chief Minister Siddaramaiah on Friday said approximately Rs 52,000 crore would be spent annually for the five key poll 'guarantees' and it is expected to benefit 1.3 crore families.
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AIFF Passes Rs 134 Crore Budget, Conference System Most Likely To Be Introduced In Upcoming I-League
The All India Football Federation (AIFF) on Tuesday passed a budget of Rs 134 crore -- an increase of nearly 50 crore from last year -- for 2023-24 during its Annual General Meeting in Bengaluru
-
Trump Administration Tells Pentagon To Slash Budget
The Trump administration has ordered senior US military leaders to plan for expansive cuts that could slash the defense budget by eight percent annually, or some $290 billion within the next five years, US media reported Wednesday.
-
"What Happens If You Don't Have A Job?" Shashi Tharoor On Union Budget 2025
Budget 2025: According to the slabs revised under the new tax regime, those earning up to Rs 12 lakh annually won't have to pay any income tax.
-
What Rs 12 Lakh Exemption Means And How Tax Is Calculated If You Earn More
The government has revised the tax structure under the new regime with Finance Minister Nirmala Sitharaman announcing that those earning up to Rs 12 lakh annually won't have to pay any income tax.
-
Government Axes Import Tax on Some Smartphone Parts in Boost to Apple, Xiaomi
Finance Minister Nirmala Sitharaman announced the removal of import duties on key mobile phone components in the annual budget, boosting local production and benefiting firms like Apple and Xiaomi. India's electronics production has more than doubled in six years, making the country the world's second-largest mobile phone manufacturer.
-
Food Delivery Apps Add Extra Rs 12,000 Annual Burden To Average Indian Household Budget: Report
The report shows how seemingly insignificant additional fees on food delivery platforms eventually add up, significantly affecting household budgets.
-
Tax Slabs Changed, How Much Will You Pay With Rs 10 Lakh Annual Income?
Earlier, a salaried employee earning Rs 10 lakh per annum was supposed to pay an income tax of roughly Rs 52,500 under the new regime. Under the revised tax slabs in the new tax regime, he/she will have to pay around Rs 42,500.
-
Union Budget 2024: Why India Has Two Budgets This Year
India has two budgets this year due to the recent general elections. The Interim Budget, presented before the election, was a temporary measure to ensure continuous government funding until a new government took office.
-
Investors Expect Crypto Tax Could Continue as Nirmala Sitharaman Returns as Finance Minister
The Indian crypto circle has been waiting for FM Sitharaman to revise the tax laws imposed over the crypto sector. Despite the outcry, the finance minister did not announce any taxation relief for the crypto sector while presenting the interim annual budget earlier this year. Her re-appointment to the finance minister’s position has sparked conce...
-
Why No Economic Survey To Be Presented Ahead Of Interim Budget 2024
Economic Survey, an annual document released by the Finance Ministry, provides a detailed account of the state of the country's economy through various key indicators.
-
Budget 2024 FAQs: What You Need To Know
Ahead of the Union Budget 2024, here's a primer on everything related to the annual process, including key terms to know.
-
When Was Income Tax Introduced In Union Budget? Know This And Other Interesting Facts
Union Budget 2024: Finance Minister Nirmala Sitharaman hold the record for giving the longest budget speech in India's history.
-
Need To Enhance Budget For Defence Research, Suggests Parliamentary Panel
A parliamentary standing committee on Wednesday recommended higher budgetary outlay for research and development in the annual defence budget in line with India's aspirations to become a global leader in manufacturing of military platforms.
-
Congress Releases 'Minority Declaration' Ahead Of Polls In Telangana
The Telangana Congress has said it would increase the budget up to Rs 4,000 crore annually towards minority welfare, besides conducting the caste census within six months after coming to power, if elected in the November 30 assembly polls.
-
Rs 52,000 Crore For 5 Poll Promises: Siddaramaiah Presents Record 14th Budget
Seeking to highlight the Congress party's poll promises, Karnataka Chief Minister Siddaramaiah on Friday said approximately Rs 52,000 crore would be spent annually for the five key poll 'guarantees' and it is expected to benefit 1.3 crore families.
-
AIFF Passes Rs 134 Crore Budget, Conference System Most Likely To Be Introduced In Upcoming I-League
The All India Football Federation (AIFF) on Tuesday passed a budget of Rs 134 crore -- an increase of nearly 50 crore from last year -- for 2023-24 during its Annual General Meeting in Bengaluru
