While presenting the Union Budget 2025, Finance Minister Smt. Nirmala Sitharaman announced a transformative plan to reposition India Post as a catalyst for rural economic growth. With a network of 1.5 lakh rural post offices and 2.4 lakh Dak Sevaks, complemented by India Post Payment Bank, the initiative aims to strengthen financial inclusion and enhance …
The Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) has been allocated ₹86,000 crore in the 2024-25 budget, the same as the previous year. However, in 2023-24, the initial allocation was ₹60,000 crore, but additional funds were provided, bringing the actual expenditure to ₹89,153.71 crore, as per the Budget document. No additional allocations have been …
The Union Budget 2025-26 allocated ₹1.28 trillion to the education sector, marking a 6.5% increase from the previous year. This is the lowest growth in the past four years. Spending Comparison Despite the rise, overall education spending remains below the NEP 2020 recommendation of 6% of GDP. For context, ₹1.20 trillion was allocated in 2024-25—a …
The Union Budget 2025-26, presented by Finance Minister Nirmala Sitharaman, focuses on boosting India’s exports, strengthening domestic manufacturing, and aligning the Indian economy with global supply chains. Key proposals include the establishment of a unified trade platform, support for electronic manufacturing, and a framework to promote Global Capability Centres (GCCs) in tier-2 cities. BharatTradeNet: A …
The Government has allocated ₹2,65,000 crore as gross budgetary support to Indian Railways for the financial year 2025-26, the same as the previous fiscal year. However, allocations for customer amenities in the Railways and investments in public sector units and joint ventures have been reduced. Additionally, ₹10,000 crore has been provided from extra-budgetary resources to …
Finance Minister Nirmala Sitharaman has introduced tax benefits in Budget 2025, bringing relief to the middle class. The rebate limit under the New Tax Regime (NTR) has been increased from ₹7 lakh to ₹12 lakh, along with revised tax slabs that benefit higher-income earners. Now, individuals earning up to ₹12 lakh annually will not have …
The Union Budget 2025 introduced minor changes to the capital gains tax structure, keeping the tax rates and holding periods unchanged. These rules will apply to various assets such as shares, mutual funds, bonds, debentures, unlisted shares, real estate, and other financial instruments for the financial year 2026 (Assessment Year 2026-27). Below are the major …
Shares of textile companies surged by up to 9% during the special Budget session on Saturday following Finance Minister Nirmala Sitharaman’s announcement of a 5-year mission aimed at boosting cotton productivity. Ambika Cotton Leads the Rally Ambika Cotton Mills shares saw the biggest jump, rising 9% to ₹1,630. Other textile stocks followed suit, with KPR …
Finance Minister Nirmala Sitharaman presented the first full Union Budget of Prime Minister Narendra Modi’s third term today, marking her eighth consecutive Budget, getting closer to Morarji Desai’s record of 10. The Union Budget 2025 comes at a crucial time with India’s economic growth at a 4-year low and global challenges, like U.S. tariff threats …
Finance Minister Nirmala Sitharaman, in the Union Budget 2025, revised the MSME classification by increasing investment and turnover limits. The budget also enhances credit support, including a ₹10 crore guarantee, and introduces customised credit cards for micro-enterprises. Revised MSME Classification Criteria In the Union Budget 2025, Finance Minister Nirmala Sitharaman announced revised criteria for classifying …
