Fitch Ratings said that the budget will be broadly neutral for growth and continued to project real GDP expansion of 6.4 per cent in FY25 and 6.5 per cent in FY26
92 pc of CEOs say consumption would get a boost with tax exemptions
Modi takes 'urban naxal' jibe at Rahul, hits out at AAP a day before Delhi polls
The Secretary said the economy would reap a lot more benefits with monetary easing and keeping inflation under control
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S&P said India's union Budget is in line with its expectation of gradual fiscal consolidation and that undergirds the positive outlook on India's sovereign ratings 'BBB-'
Presenting Budget 2025-26, Finance Minister Nirmala Sitharaman proposed to raise the foreign investment limit to 100 per cent from 74 per cent in the insurance sector
In her budget speech on Saturday, Finance Minister Nirmala Sitharaman made several announcements to give a push to various sectors, including infrastructure
PM Modi's remark comes a day before Delhi Assembly elections, where the BJP is the main challenger to the ruling AAP
The Maritime Development Fund announced by the FM will have a corpus of Rs 25,000 cr; besides, tax breaks and easier infra credit access to shipbuilders aim to reinvigorate the shipbuilding industry
These schemes are being formulated under the export promotion mission, announced in the Union Budget for 2025-26
Based on inputs from the pilot project, government is likely to introduce some tweaks to the programme to make it more viable for applicants and industry, besides raising awareness about the scheme
Given the transformative effect the two schemes have had on infant mortality and other health indicators, government has decided to keep the momentum going with similar levels of Budgetary allocations
The Union Budget 2025 brings notable tax relief, particularly for middle-income earners
According to Vaishnaw, when a comparison is drawn with 2009-2014, the average budgetary allocation for the next financial year 2025-26 is 27 times higher for Delhi, and 23 times for MP among others
The panel in its report has also mentioned that India's budgetary allocation under the sub-head 'Aid to Bangladesh' came down from Rs 200 crore in BE 2023-24 to Rs 120 crore in BE 2024-25
The revision, which will be effective from April 1, 2025, is expected to boost travel and foreign exchange segments, provide additional benefits to students, and improve tax compliance
Transfer pricing refers to the actual price charged in transactions between related entities within the same multinational firm
Nageswaran says Budget gave a nudge to pvt sector investments
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