Union Budget News

Union Budget 2025: Key Expectations and Demands of SMEs and MSMEs

23 January 2025 at 09:15

As the Union Budget approaches, the Small and Medium Enterprises (SMEs) and Micro, Small, and Medium Enterprises (MSMEs) - the backbone of India's economic growth and employment generation are pinning their hopes on strategic reforms

Posted in Union Budget | 1695 Views

Union Budget 2025: Key Expectations for India's Insurance Sector

22 January 2025 at 08:59

As Finance Minister Nirmala Sitharaman gears up to present the Union Budget 2025 on February 1, industry experts are eyeing significant reforms to propel India toward its ambitious goal of "Insurance for All" by 2047.

Posted in Union Budget | 1866 Views

Union Budget 2025: Industry Experts Seek Tax Incentives to Boost REITs and Green Buildings

22 January 2025 at 08:59

Industry insiders and experts are urging the Union Budget 2025 to introduce tax incentives and simplify the tax structure to enhance the appeal of Real Estate Investment Trusts (REITs) as a viable investment option.

Posted in Union Budget | 1620 Views

NRIs Expect Tax Relief in Budget 2025: Key Issues Highlighted

21 January 2025 at 08:53

As Finance Minister Nirmala Sitharaman gears up to present the Union Budget 2025, the global Indian diaspora of 35.42 million is hopeful for much-needed tax reforms.

Posted in Union Budget | 1746 Views

Budget 2025: Govt Plans to Phase Out Old Tax Regime

20 January 2025 at 08:48

In the upcoming Budget for FY26, Finance Minister Nirmala Sitharaman is expected to announce a roadmap for the gradual phasing out of the old personal income tax regime over the next few years.

Posted in Union Budget | 13881 Views

Govt Considers Personal Tax Relief in Budget 2025 to Boost Consumption

20 January 2025 at 08:48

As the Union Budget 2025 approaches, growing expectations suggest that the government is actively considering personal tax relief measures aimed at boosting consumption and accelerating economic recovery.

Posted in Union Budget | 2151 Views

EV Industry Seeks GST Cut on Batteries & Infrastructure Status for Charging Stations in Upcoming Budget

20 January 2025 at 08:48

The Electric Vehicle (EV) industry is calling on the government to slash the GST on EV batteries from the current 18% to 5%, aligning it with the GST rate applied to electric vehicles.

Posted in Union Budget | 819 Views

Budget 2025: New Income Tax Law and Expectations

20 January 2025 at 08:48

The upcoming Budget 2025 session of Parliament is set to witness the introduction of a brand-new Income Tax Bill, aimed at simplifying the decades-old Income Tax Act of 1961. A

Posted in Union Budget | 3999 Views

Budget 2025: Tax Relief for Salaried Class and MSMEs Expected to Boost Economy

18 January 2025 at 07:54

As the Union Budget 2025-26 approaches, tax experts and stakeholders are urging the government to address key concerns of the salaried class and Micro, Small, and Medium Enterprises (MSMEs) to drive consumption, investment, and economic growth.

Posted in Union Budget | 1866 Views

Union Budget 2025: Insurance Industry Seeks Reforms, Tax Incentives and Capital Infusion for Growth

17 January 2025 at 09:01

The insurance sector is eagerly anticipating the Union Budget 2025, with expectations of significant amendments to the Insurance Act and key tax exemptions aimed at boosting health and protection insurance adoption.

Posted in Union Budget | 1461 Views