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Union Budget 2025 Live Updates: Union Finance Minister Nirmala Sitharaman on Saturday presented the Budget for the third term of the Bharatiya Janata Party (BJP)-led government, providing significant tax relief to the salaried middle class that was struggling with high prices and stagnant wages. Making a slew of announcements, Ms Sitharaman said individuals having an…
Last Updated:February 01, 2025, 14:35 IST The Ministry for Youth Affairs and Sports has been allocated Rs 3,794.30 crore, an overall jump of Rs 351.98 crore. Sports Minister Mansukh Mandaviya (PTI) The government’s flagship Khelo India programme to scout and nurture athletes at the grassroots level was the biggest beneficiary as the allocation for sports…
There may be concessions for the middle class, which is pinning hope on a reduction in income tax rates, along with a hike in standard deduction. Under the old tax regime, the basic income exemption limit is set at Rs 2.50 lakh, while in the new tax regime, the limit is Rs 3 lakh. With…
New Delhi: Union Finance Minister Nirmala Sitharaman is expected to present the Union Budget 2025 on February 1, considering the usual convention of Budget presentation on the first day of February for the last several years. Although the official confirmation on the Budget presentation date has not come, it is most likely that the government…