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India’s Global Lending: India has evolved from being primarily a recipient of foreign aid to a provider of economic support and loans to several countries across Asia, Africa and Latin America. Its financial assistance has become an important instrument of foreign policy, reflecting India’s growing role as a responsible regional and global partner. Recent budget…
Last Updated:May 11, 2025, 13:33 is Capital gain schedule, capital loss on share buyback, TDS section code reporting are among the changes in ITR 5 Form. ITR Filing 2025: Let’s understand changes in ITR 5 Form. ITR 5 Form: Union Budget 2024-25 made a lot of changes in Income Tax Return (ITR) 5 form which…
New Delhi: India’s Gross Domestic Product (GDP) is projected to grow at 6.4 per cent in the financial year 2024-25 down from 8.2 per cent growth recorded in 2023-24, according to the first advance estimates released by the Ministry of Statistics on Tuesday. The projection is lower than the recent RBI’s estimate of 6.6 per…
New Delhi: Finance Minister Nirmala Sitharaman chaired a meeting on the comprehensive review of the Income Tax Act 1961 with Revenue Secretary Sanjay Malhotra, CBDT Chairman Ravi Agarwal, and senior CBDT officials. A comprehensive review of the Income Tax Act 1961 was announced in the Union Budget 2024-25 tabled on July 23. The Revenue Secretary…
New Delhi: The Supreme Court has disposed of 573 direct tax cases where the tax effect is less than Rs 5 crore, following the revised monetary limit for filing appeals, the Ministry of Finance said in a statement on Tuesday. This move aligns with the government’s efforts to reduce tax litigation and promote the Ease…
Union finance minister Nirmala Sitharaman on July 23, 2024. (Image: PTI/Atul Yadav) The finance ministry will commence the exercise to prepare the annual budget for 2025-26 from the second week of next month The finance ministry will commence the exercise to prepare the annual budget for 2025-26 from the second week of next month in…
Budget 2024: Union Finance Minister Nirmala Sitharaman delivered her second shortest Union Budget speech on Tuesday which lasted just 1 hour 25 minutes. This marks a slight reduction from last year’s speech which ran for 1 hour and 27 minutes. Interestingly, Sitharaman also holds the record for delivering the longest Budget speech which stretched over…
Budget 2024: India’s Finance Minister Nirmala Sitharaman presented the Union Budget for 2024-25 today. Sitharaman has presented her seventh Union Budget for the fiscal year 2024-2025. Following this, several items have become cheaper and costlier for consumers. Let’s have a quick look at the full list of items that will get cheaper and costlier …
Last Updated: July 23, 2024, 12:01 IST IPPB has crores of accounts at present and operates through lakhs of branches. Finance Minister Nirmala Sitharaman made the announcement in the Union Budget for 2024-25 The government on Tuesday announced that it will set up as many as 100 branches of India Post Payments Bank (IPPB) in…
New Delhi: Union Finance Minister Nirmala Sitharaman will present the Union Budget 2024 on Tuesday, July 23. Union Budget 2024: FM Sitharaman’s Speech Timing The live streaming of the Budget 2024 presentation will begin at 11 am today. There will be a slew of options for the audience to stream the Budget 2024 presentation live….