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Budget 2025: New Income Tax Bill likely to be tabled in Parliament on Thursday

Budget 2025: New Income Tax Bill likely to be tabled in Parliament on Thursday

The number of pages has been reduced substantially to 622, almost half of the current voluminous Act which includes amendments made over the last six decades

12 February,2025 12:31 PM IST | New Delhi | PTI
FinMin bans ChatGPT, DeepSeek over data risks

FinMin bans ChatGPT, DeepSeek over data risks

In a communication last month to all its departments, the ministry said AI tools/AI apps in office devices may be strictly avoided

06 February,2025 08:42 AM IST | New Delhi | Agencies
Budget 2025: Rs 4.49 lakh crore for women, but will it make a difference?

Budget 2025: Rs 4.49 lakh crore for women, but will it make a difference?

The Union Budget 2025-26 has significantly increased gender-focused allocations, but women across different sectors emphasize the need for transparency and effective implementation.

03 February,2025 11:24 PM IST | Mumbai
Budget 2025: Sitharaman cuts taxes for middle class, here's what experts say

Budget 2025: Sitharaman cuts taxes for middle class, here's what experts say

Sitharaman announced significant income tax cuts for the middle class in the Union Budget

01 February,2025 10:16 PM IST | Mumbai | mid-day online correspondent
Budget 2025: Rs 2.52 lakh crore allocated to railways

Budget 2025: Rs 2.52 lakh crore allocated to railways

Vaishnaw said that a large amount of Rs 2,52,000 crore rupees has been set aside for the financial year (FY) 2025-26 as gross budgetary support to Ministry of Railways, second time in row

01 February,2025 10:13 PM IST | Mumbai | A Correspondent
Experts react after announcement for AI push, infra expansion at 5 new IITs

Experts react after announcement for AI push, infra expansion at 5 new IITs

The Budget 2025 was presented by Union Finance Minister Nirmala Sitharaman on Saturday

01 February,2025 05:37 PM IST | Mumbai | mid-day online correspondent
Budget 2025: Govt earmarks Rs 300 crore for modernisation of prisons

Budget 2025: Govt earmarks Rs 300 crore for modernisation of prisons

According to the budget presented by Finance Minister Nirmala Sitharaman, the provision is for the "expenditure on modernisation of prisons"

01 February,2025 03:58 PM IST | New Delhi | mid-day online correspondent
Budget 2025: Govt raises MSME limits, introduces credit cards with Rs 5 lk limit

Budget 2025: Govt raises MSME limits, introduces credit cards with Rs 5 lk limit

In Budget 2025, the government has increased investment limits for MSMEs and introduced customised Rs 5 lakh credit cards for micro-enterprises. The Budget also includes enhanced credit guarantee covers and support for startups

01 February,2025 01:37 PM IST | New Delhi
Budget 2025: Govt announces TDS rationalisation to ease compliance burden

Budget 2025: Govt announces TDS rationalisation to ease compliance burden

Finance Minister Nirmala Sitharaman announced TDS rationalisation in the 2025-26 Budget to reduce the compliance burden. The government also plans to introduce a new Income Tax Bill, increase TCS on remittances, and exempt more goods related to EV and mobile phone batteries.

01 February,2025 01:15 PM IST | New Delhi
Budget 2025: Income tax relief as nil tax slab raised to Rs 12 lakh

Budget 2025: Income tax relief as nil tax slab raised to Rs 12 lakh

In Budget 2025, Finance Minister Nirmala Sitharaman raised the nil tax slab to Rs 12 lakh and introduced new tax slabs. Senior citizens also get higher tax deductions, bringing major relief to taxpayers.

01 February,2025 01:01 PM IST | New Delhi | mid-day online correspondent

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