February 01, 2025 / 11:01 IST
Budget 2025 Live: FM rises to table Budget 2025-2026
Finance minister Nirmala Sitharaman rises to table Budget 2025-2026
February 01, 2025 / 11:03 IST
Budget 2025 Live: FM Sitharaman begins Budget speech amid Oppn’s uproar
Finance Minister Nirmala Sitharaman begins Budget speech amid Opposition’s uproar
February 01, 2025 / 11:05 IST
Budget 2025 Live: FM says Our economy is fastest growing among major economies
The Budget 2025-26 continues our government’s efforts to accelerate growth
Our economy is fastest growing among major economies
The Budget 2025-26 continues our government’s efforts to secure inclusive development, uplift household sentiment and enhance the power of India’s middle class
February 01, 2025 / 11:07 IST
Budget 2025 Live: Garib, Youth, Annadata and Nari focus of Budget, says FM
Focus on farmers, youth, farmers and women (GYAN)
Securing energy supplies, promoting exports are focus areas
Power engines for grwoth agri, msmes, exports
February 01, 2025 / 11:08 IST
Agri as the first engine of growth, says FM
Developing agri districts programme to be initiated on lines of aspirational districts programme.
Crop diversification, irrigation facilities, availability of credit to help 1.7 cr farmers
The scheme will adopt crop diversification, augment post harvest storage. It will help 1.7 cr farmers
February 01, 2025 / 11:09 IST
Budget 2025 Live: FM says Budget aims at ‘transformative’ reforms in 6 areas
Finance Minister says Budget aims at ‘transformative’ reforms in 6 areas including Taxation, financial sector, power sector, urban development, mining, regulatory reforms.
February 01, 2025 / 11:10 IST
Union Budget 2025 Live: FM speaks on Crop diversification
Crop diversification, irrigation facilities, availability of credit to help 1.7 cr farmers
The scheme will adopt crop diversification, augment post harvest storage. It will help 1.7 cr farmers
February 01, 2025 / 11:12 IST
Budget 2025 Live: FM says Tur, Urad, Masur to get special focus
Tur, Urad, Masur to get special focus in plan to achieve self reliance in Pulses
Nafed and NCCF will procure pulses from farmers as part of DHAN DHANYA YOJANA
Makhana Board to be setup in Bihar.
National mission on high yielding seeds to be launched
February 01, 2025 / 11:14 IST
Budget 2025 Live: FM speaks on agriculture sector
– Dhan Dhanya Krishi Yojana To Focus On 100 Low Productivity Districts
– Agri Programme To Help 1.7 Cr Farmers
– Agri Plan To Cover 100 Districts With Low Productivity
– National Mission For Edible Oil & Seeds Aims At Aatmanirbharta In The Sector
– Will Launch 6 Year Mission To Become Aatmanirbhar In Pulses
– Central Agencies To Procure Tur, Urad, Masur In Next 4 Years
– Makhana Board In Bihar To Be Created To Improve Processing, Value Addition
February 01, 2025 / 11:15 IST
Budget 2025 Live: FM speaks on cotton production
Mission for Cotton Productivity for five years to help Extra Long Staple Cotton varieties for quality cotton
This is expected to rejuvenate India’s traditional textile sector
February 01, 2025 / 11:17 IST
union Budget 2025 Live: MSMEs is the 2nd engine of growth, says FM
MSMEs is the 2nd engine of growth
MSMEs responsible for 45% of our exports. Classification limit of MSMEs enhanced for them to boost their growth
For micro enterprises, customised credit cards to be issued
February 01, 2025 / 11:19 IST
Union Budget 2025 Live: The Union Budget for the financial year 2025-26 will be presented today by Finance Minister Nirmala Sitharaman, who will set a new record as the only finance minister to present the budget for eight consecutive years. However, it is important to note that former Prime Minister Morarji Desai holds the overall record for presenting the most Union Budgets in India. Desai presented a total of ten budgets—six during his tenure as finance minister from 1959 to 1964, and four more between 1967 and 1969.
February 01, 2025 / 11:20 IST
Budget 2025 Live: FM says India to become global hub for toys
New scheme to be launched for 5 lakh women, first time entrepreneurs for term loans for next 5 years
Credit Guarantee Scheme for Startups increased to 20Cr
India to become global hub for toys
February 01, 2025 / 11:21 IST
Budget 2025 Live: Institute to be set up in Bihar for food processing, says FM
Institute to be set up in Bihar for food processing
National Manufacturing Mission to further make in India
February 01, 2025 / 11:21 IST
Budget 2025 Live: Will set up Manufacturing mission to provide policy support to industries, says FM
Will set up Manufacturing mission to provide policy support to industries, says FM
February 01, 2025 / 11:23 IST
Budget 2025 Live: Investment is the 3rd engine of growth, says FM
Investment is the 3rd engine of growth, says FM
Saksham Anganwadi and Poshan 2.0m programme to provide support for 8 crore children
Atal Tinkering Labs to be setup in government schools in next five years.
February 01, 2025 / 11:25 IST
Budget 2025 Live: FM on investments
Bharatiya Bhasha Pustak Scheme for mothertongue language
National Manufacturing Mission to support clean tech manufacturing to support domestic production of EV batteries, solar panels
5 National centres of excellence for skilling will be set up
Additional infra to be created in 5 IITs started after 2014 for 6500 more students
February 01, 2025 / 11:26 IST
Budget 2025 Live: FM on AI
3 Centres of Excellence on AI for education will be setup with outlay of Rs 500 crore
February 01, 2025 / 11:27 IST
Budget 2025 Live: Cancer centres in all district hospitals, announced FM
Cancer centres in all district hospitals, announced FM
February 01, 2025 / 11:29 IST
Budget 2025 Live: Gig workers to get social security scheme, says FM
Gig workers to get social security scheme
GIG WORKERS TO BE PROVIDED HEALTHCARE, WILL ASSIST 1 CRORE GIG WORKERS
February 01, 2025 / 11:29 IST
Budget 2025 Live: FM on infra
Each Infra ministry will come up with a 3 year list of PPP projects
Each infrastructure ministry to come up with 3 PPP proposals, Rs 1.5 lakh crore interest free loans for capex and incentives for reforms
February 01, 2025 / 11:30 IST
Budget 2025 Live: FM on asset monetisation
2025-30 asset monetisation plan to be launched
February 01, 2025 / 11:31 IST
Budget 2025 Live: Jal jeevan mission extended till 2028
Jal jeevan mission extended till 2028 to ensure 100 percent coverage. Since 2019, 80 percent coverage of rural population has been achieved.
February 01, 2025 / 11:32 IST
Budget 2025 Live: Nuclear energy mission for Viksit Bharat, says FM
Nuclear energy mission for Viksit Bharat: 100 GW of nuclear energy
February 01, 2025 / 11:33 IST
Budget 2025 Live: Amendments to the atomic energy act will be taken up for this
Nuclear Energy Mission for Viksit Bharat: Development of 100 GW by 2047
Amendments to the atomic energy act will be taken up for this
February 01, 2025 / 11:34 IST
Budget 2025 Live: FM on maritime sector
Shipbuilding financial assistance scheme to be restarted, as government thrusts to shipbuilding. Ship building clusters to be facilitated
Maritime development fund with corpus of Rs 25000 cr to be set up
February 01, 2025 / 11:35 IST
Budget 2025 Live: FM on UDAN scheme
UDAN has enabled 1.5 crore middle class people connecting 88 airports, with 619 routes. Modified UDAN to be launched to 120 new destinations
February 01, 2025 / 11:35 IST
Budget 2025 Live: Greenfield airports in Bihar, says FM
4 crore additional passengers, greenfield airports to be facilitated in Bihar
February 01, 2025 / 11:37 IST
Budget 2025 Live: FM on SWAMI scheme
SWAMI scheme: 50,000 dwelling units completed, another 40,000 to be completed
SWAMI Fund 2 will be established of Rs 15,000 crore
February 01, 2025 / 11:38 IST
Budget 2025 Live: FM on PM Gatishakti, tourism
PM Gatishakti data for private sector: access to relevant data and maps to be provided to private sector
Tourism for employment led growth. Top 22 destinations will be developed in partnership with states
February 01, 2025 / 11:39 IST
Budget 2025 Live: FM speaks on Medical tourism
Medical tourism & heal in India will be promoted along with pvt sector including easier visa norms
February 01, 2025 / 11:40 IST
Budget 2025 Live: FM on Deep tech
Deep tech fund of funds will be explored
February 01, 2025 / 11:41 IST
Budget 2025 Live: National geo spatial mission announced
India to start a national geo spatial mission to develop spatial data to modernize land records
February 01, 2025 / 11:43 IST
Budget 2025 Live: Exports is 4th engine of growth, says FM | Quick takes
Export Promotion Mission with sectorial and ministerial targets, launched
Digital public infrastructure for international trade will be set up for financing solutions
Support will be provided for domestic manufacturing to join global supply chains
National framework as guidance to States to promote GCCs in tier two cities
February 01, 2025 / 11:45 IST
Budget Live Updates: New income tax code next week, says FM
Tax department will trust first, scrutinize later, says FM
New income tax code next week
Propose to introduce new Income Tax bill next week
February 01, 2025 / 11:46 IST
Budget Live Updates: Insurance FDI hiked 74% to 100%, says FM
Government has, in the past, introduced faceless assessment, faster tax returns and five vivad se vishwas schemes.
Insurance FDI hiked 74% to 100%
February 01, 2025 / 11:48 IST
Budget Live Updates: FM on mergers
Speedy approvals for company mergers will be ensured and scope of such norms to be expanded
Govt has shown steadfast commitment to ease of doing business
Govt will develop modern, people friendly, trust-based regulatory framework
February 01, 2025 / 11:50 IST
Budget Live Updates: FM on Jan Vishwas Bill
Jan Vishwas Bill 2.0 to be introduced to decriminalise over 100 provisions
Investment friendly index of States to be launched in 2025
February 01, 2025 / 11:53 IST
Budget Live Updates: FD 4.8 percent FY25, says FM
Fiscal deficit for FY25 at 4.8%, FY26 estimated at 4.4%
February 01, 2025 / 11:55 IST
Budget 2025 Live: Tariffs in focus
Budget streamlines tariff rates further, focuses of deregulation, gives a push to grassroot economy. Largely remains reform focused. Sets out a prudent target of 4.4% for FY 26-staying on the path of fiscal consolidation
February 01, 2025 / 11:55 IST
Budget 2025 Live: Fiscal deficit in focus
Fiscal deficit as a percentage of GDP is on a declining path as targeted. Revised estimate for capex at INR 10.18 lakh crore, falls short of BE of FY25
February 01, 2025 / 11:56 IST
Budget Live Updates: New reforms
Committee to drive further ease of doing business reforms
The Finance Minister has announced a committee to review and recommend new reforms to enhance the ease of doing business. This initiative aims to streamline regulations, improve efficiency, and attract investments.
February 01, 2025 / 11:57 IST
Budget Live Updates: FY25 revised capex at rs 10.18 lakh cr
FY25 revised capex at rs 10.18 lakh cr
February 01, 2025 / 11:58 IST
Budget 2025 Live: FM on BCD
Propose to continue exemption on BCD for manufacture of ships and its parts for 10 years
February 01, 2025 / 12:00 IST
Budget Live Updates: Gross and net borrowing for FY26 is budgeted at Rs 14.82 lakh
The Government’ gross and net borrowing for FY26 is budgeted at Rs 14.82 lakh crore and Rs 11.54 lakh crore respectively. The planned market issuances are almost the same as FY25. Gross and net borrowing for FY25 stood at Rs 14.13 lakh crore and Rs 11.75 lakh crore. The same level of G-Sec supply implies that Government borrowing will not crowd out the private credit incrementally in FY26. The limited supply will boost the rally in G-Sec.
February 01, 2025 / 12:00 IST
Budget Live Updates: Insurance FDI hiked 100%
The Budget announcement to hike the FDI limit in the insurance sector from 74 per cent to 100 per cent for select firms translates the Finance Ministry’s intent into action and will pave the way for overseas JV partners to hike their stake and accelerate deal activity in the segment
February 01, 2025 / 12:02 IST
Budget 2025 Live: New Income Tax bill to be simpler, says FM
New Income Tax bill to be simpler to understand and will reduce litigation
February 01, 2025 / 12:02 IST
Budget 2025 Live: New Income Tax bill to be simpler, says FM
New Income Tax bill to be simpler to understand and will reduce litigation
February 01, 2025 / 12:03 IST
Budget Live Updates: Gig economy in focus
While presenting the Union Budget 2025, FM Nirmala Sitharaman announced that a total of one crore gig workers, especially those engaged with online platforms such as Swiggy, Zomato, Zepto, BigBasket and several others, will now get ID cards in a step that recognises their efforts and provides more social security benefits to these workers. Furthermore, a total of one crore gig workers will also get healthcare benefits under the PM Jan Arogya Yojana, registrations for which will be done on the e-Shram portal. The announcements come at a time when the quick commerce sector is booming in India and has already grown to a $6 billion market in four years. This move is expected to boost social security in the booming online coimmerce space
February 01, 2025 / 12:03 IST
Budget 2025 Live: Indirect Tax Measures to Support Domestic Manufacturing and Value Addition
Cobalt powder and waste, scrap of lithium-ion battery, Lead, Zinc and 12 more critical minerals to be exempted from Basic Customs Duty (BCD)
35 additional goods for EV battery manufacturing, and 28 additional goods for mobile phone battery manufacturing to be added to list of exempted capital goods
February 01, 2025 / 12:04 IST
Budget Live Updates: PIT reforms, rationalisation of TDS and TCS, reducing compliance burden
PIT reforms, rationalisation of TDS and TCS, reducing compliance burden
February 01, 2025 / 12:05 IST
Budget 2025 Live: TDS and TCS threshold for sr citizens
TDS threshold from Rs 50,000 to Rs 1 lakh for senior citizens
February 01, 2025 / 12:06 IST
Budget Live Updates: Tourism in focus
Government would develop 50 tourist destinations to promote tourism and boost employment. Spiritual tourism as well as medical tourism would be focus areas to boost tourism. Government is planning e-visa facilities as well as visa fee waivers for select countries. Focus on tourism is positive for hotel companies like Indian Hotels Company, EIH Limited, Lemon Tree Hotels, Royal Orchid Hotels, Juniper Hotels as well as luggage companies like VIP Industries and Safari Industries.
February 01, 2025 / 12:06 IST
Budget Live Updates: Udaan scheme
New Udaan scheme will help in building 120 new airports, that will facilitate travel for additional 4crore passengers in next 10 years from 1.5 crores currently. This is expected to benefit travel and tourism players. Airline such as IndiGo, OTA players such as Ixigo, Yatra etc are expected to benefit from this. In addition to these, hotel players such as EIH Hotel, Lemon Tree, and Indian Hotels will also benefit.
February 01, 2025 / 12:08 IST
Budget Live Updates: TDS for rent hiked to Rs 6 lakh
TDS threshold limit for rent hiked to 6 lakh
February 01, 2025 / 12:08 IST
Budget Live Updates: TCS on LRS, remittance
TCS on LRS increased to Rs 10 lakh from Rs 7 lakh
TCS on remittance for education is removed – out of loan taken from specified financial institutions
February 01, 2025 / 12:09 IST
Budget Live Updates: Make India
To support Make India and domestic electronic manufacturing, the government has revised the Basic Customs Duty (BCD) on interactive flat panel displays from 10% to 20% and reduce the BCD on open cell and other components for LCDs and LEDs to 5%. The move will benefit contract manufacturers such as Dixon Technologies.
February 01, 2025 / 12:11 IST
Budget 2025 Live: FM on National savings scheme
FM propose to exempt withdrawals made under National Savings Scheme (NSS) accounts from tax.
Propose to extend the period of incorporation of startups to 5 years
February 01, 2025 / 12:12 IST
Budget 2025 Live: FM on Democracy, demography and demand
Democracy, demography and demand are key support pillars, as FM announces PIT reforms
February 01, 2025 / 12:14 IST
Budget Live Updates: No income tax payable up to Rs 12 lakh, says FM
No income tax payable up to Rs 12 lakh, says FM
FM’s income tax announcement receives resounding claps from the House
February 01, 2025 / 12:15 IST
Budget Live Updates: Equity markets down
Equity markets clearly not happy with Budget. Most indices in the red with sharp declines in infrastructure, capital goods and public sector stocks. Clearly the Street and industry expectations of higher capex, boost to private capex and public sector divestment not met
February 01, 2025 / 12:16 IST
Budget Live Updates: Income Tax Exemption Limits
2005: ₹1 lakh
2012: ₹2 lakhs
2014: ₹2.5 lakhs
2019: ₹5 lakhs
2023: ₹7 lakhs
2025: ₹12 lakhs
February 01, 2025 / 12:18 IST
Budget Live Updates: FM ends Budget speech with booster shot to middle class
FM ends Budget speech with booster shot to middle class
February 01, 2025 / 12:19 IST
Budget Live Updates: Consumption boost as income tax nil up to ₹12 lakh
Consumption boost as income tax nil up to ₹12 lakh
The Finance Minister’s announcement to make income tax nil up to ₹12 lakh is expected to spur consumption by increasing disposable income.
February 01, 2025 / 12:20 IST
Budget Live Updates: Major boost to consumption
A demand stimulus is here. A major boost to consumption with Rs 1 lakh crore in personal income tax being foregone. Is good news for sectors such as consumer durables, automobiles, consumer discretionary sectors such as premium FMCG, quick service restaurants and retail sectors
February 01, 2025 / 12:27 IST
Budget Live Updates: Nominal GDP at 10.1%
Nominal GDP at 10.1%
February 01, 2025 / 12:31 IST
Budget Live Updates: Tax regime
Government has lowered the tax liability under the Income tax. Under the old regime, the nil tax slab has been raised from Rs 7 lakh earlier to Rs 12 lakh. Under the new tax regime, tax slabs and liability has been lowered providing benefit of Rs 70,000 to Rs 1.1 lakh for income earners in Rs 12 lakh to Rs 25 lakh bracket. Lower taxes would increase disposable incomes in hands of consumers. This is positive for discretionary consumption plays such as Trent Limited, Aditya Birla Fashion & Retail in apparel; Metro Brands, Campus Activewear in footwear; quick service restaurant companies such as Jubilant Foodworks, Devyani International as well as jewellery stocks like Senco Gold, Titan Company and Goldiam International.
February 01, 2025 / 12:32 IST
Budget Live Updates: Net market borrowings at 11.5 crore
Net market borrowings at 11.5 crore
February 01, 2025 / 12:34 IST
Budget Live Updates: Quick takaways | Infra
• PPPs back in focus on infra. Each infra-related ministry to present a pipeline of PPP projects.
• Urban challenge fund to be set up of Rs 1 lakh crore for redevelopment of cities
• Nuclear energy mission for Viksit Bharat: 100 GW of nuclear energy
• Modified UDAN to be launched to 120 new destinations; greenfield airports to be facilitated in Bihar
• Access to PM Gatishankti data and maps to be provided to private sector
February 01, 2025 / 12:45 IST
Budget Live Updates: Big relief to taxpayers
Nearly 85% of 7.5 crore tax return filers to get relief as government provides tax relief to those earning till Rs 12 lakh
February 01, 2025 / 12:52 IST
Budget Live Updates: Quick takeaways | Personal Finance
Income tax rebate of up to Rs 12 lakh under the new regime announced. Salaried employees will not have to pay tax up to Rs 12.75 lakh due to standard deduction
Proposed simplified (new regime) tax slabs
0-4 lakh – Nil
4-8 lakh – 5%
8-12 lakh – 10%
12-16 lakh – 15%
16-20 lakh – 20%
20-24 lakh – 25%
More than 24 lakh – 30%
New income tax bill to be tabled next week
TDS limit on senior citizens’ deposit interest raised to Rs 1 lakh
TDS threshold on rent increased to Rs 6 lakh from Rs 2.4 lakh
TCS on LRS increased to Rs 10 lakh from Rs 7 lakh
TCS on remittance for education is withdrawn, if loans taken from financial institutions
Higher TDS will apply only in non-PAN cases
Senior and very senior citizens – Proposal to withdraw NSS as exempt
Timeline for filing updated returns extended from two to four years. Rs 90 lakhs taxpayers have filed updated returns and paid tax.
Revamped central KYC registry to be launched in 2025
