CATEGORIES

Manufacturing of electronics to double to $200 bn in 3-4 yrs'

Govt proposes only 25% of total remuneration received by expats to be treated as taxable profits

Shadow Lines

Indians top the list of illegal immigrants from Asia caught at US checkpoints. New Delhi is concerned that visas for its students and skilled workers remain protected

Budget Curtails Carry-Forward Losses for M&As

The Union Budget 2025-26, while promising a new framework for smoother mergers and acquisitions (M&As), has plugged a major loophole on carry-forward losses for a total of eight assessment years between amalgamating company and amalgamated company from the date of loss instead of the date of the merger.

Tax incentives will not lead to inflation

Revenue and Finance Secretary TUHIN KANTA PANDEY is confident of the government achieving 14.4 per cent growth in income-tax collection even after forgoing ₹1 trillion revenue. In an interaction with Monika Yadav and Asit Ranjan Mishra in New Delhi, he spoke of the challenges to disinvestment in public-sector enterprises. Edited excerpts:

PSBs May Agree to 20% Haircut on MTNL Loans.

They have ₹8,144 cr exposure to troubled telco

AI Takes Center Stage in Policies of States to Attract Investors

As the dust settles on DeepSeek's achievement, another Chinese company, Alibaba, on Wednesday claimed that its latest version of the Qwen 2.5 AI model has surpassed the compatriot's DeepSeek-V3.

Ulip tax confusion sends insurance stocks into tailspin

A slew of announcements for the insurance sector sent stocks in this space into a tailspin.

PPP, asset monetisation open door for pvt sector

FM proposes ₹1.5trn outlay for 50-yr interest-free loans to states for capex

Centre sets capex goal for FY26 at ₹11.21 trn

May miss FY25 target by ₹93,000 cr due to election-year restrictions

Is it a step towards 'Nyaya'?

The finance minister (FM) saved the most impactful announcement for last – salary income up to ₹1 lakh per month is now tax-free.

'Clear & direct': New I-T Bill next week

Finance Minister Nirmala Sitharaman on Saturday announced that the government will introduce a new income tax Bill next week to ease compliance burden.

Reforms-based, prudent Budget

India's economic resilience amid an uncertain world order provides a unique opportunity to our nation.

Tax breaks for SWFs in infra extended by 5 yrs

In an effort to attract more global investments, Finance Minister Nirmala Sitharaman on Saturday announced an extension of the special tax exemption provided to sovereign wealth funds (SWFs) and pension funds investing in infrastructure by another five years.

Defence allocation sees 6.26% rise

Sector gets small nudge at 1.9% of GDP amid clamour for more money as strategic challenges continue

Boost for hospitality, health, and education

New tax regime for the middle class, tax exemption for 36 lifesaving drugs and more seats in medical and IITs are really strong aspects of this Budget.

Tata Motors Net Slides 22%.

Passenger and commercial vehicle major Tata Motors on Wednesday posted a 22.4 per cent year-on-year (Y-o-Y) decline in net profit to ₹5,451 crore for the third quarter of FY25 on muted revenue growth of 2.7 per cent to ₹1,13,575 crore.

Finger on the farmer pulse

Credit limit on KCC raised to ₹5 lakh; farm Budget at ₹1.71 trn, 22% more than FY25RE

FM takes 'transformative reforms' route to boost growth

The areas include regulatory framework, Investment Friendliness Index, and insurance

Noble intentions, but questions remain

The Budget's goals are ambitious, but allocations to health and education fall short of its Viksit Bharat vision

Projects worth ₹4.6 trn added to pipeline: Vaishnaw

For the financial year 2025-26, the Ministry of Railways has added projects worth ₹4.6 trillion in its development programme, which will be executed over the next few financial years.

Capex catalyst for India Inc

With the Union Budget emphasising \"Make in India for the World,\" along with fresh tax incentives for the middle-class and tax reforms, leaders in India Inc are optimistic that these measures will stimulate fresh investments in the private sector.

Railway capex stays flat; revenue receipts set to cross ₹3 trillion

Outlay provided for capex almost the same as the 2024-25 BE and RE

Money in people's hands, and more

Finance Minister Nirmala Sitharaman's eighth Budget speech, her shortest to date, ticked most boxes. She presented a fiscally prudent Budget with consumption at the centre stage, to be driven by the middle class.

A Budget that balances prudence with growth

Budget 2025-26 delivers a carefully calibrated strategy-stimulating demand and investment while keeping fiscal discipline intact.

Govt to develop top 50 tourist spots, streamline e-visas

The Centre will develop top 50 tourist destination sites in a partnership with states, Finance Minister Nirmala Sitharaman said while announcing the Union Budget 2025-26 on Saturday.

A blueprint for Viksit Bharat

Finance Minister Nirmala Sitharaman has solved the impossible trinity of the Budget.

New compliance requirements but no tax relief on crypto assets

The government in the Budget announcement has proposed insertion of a new section in the Income-Tax (1-T) Act, 1961, making it obligatory for investors to \"furnish information on crypto asset transactions\".

FM Doles Out Gifts to Boost Activity at IFSC

The Centre has announced a series of tax incentives to boost fund activity at the GIFT City International Financial Services Centre (IFSC) in Gujarat.

Basic Customs Duty Slashed on 40 Items

Finance Minister Nirmala Sitharaman on Saturday cut basic customs duty on 40 items, including medicines, leather, motorcycles, and certain critical minerals to reduce input costs, deepen value addition, correct inverted duty structure, boost domestic manufacturing, and exports.

Inclusive Budget will create jobs

The Budget is fiscally prudent, prioritises consumption, provides for capex, and focuses on job creation -much needed elements for Viksit Bharat.