The world is swiftly moving towards reducing tariffs on imports from the US, and India seems to be leading the charge. In the 2025 Union Budget, Finance Minister Nirmala Sitharaman announced a notable reduction in the Basic Customs Duty (BCD) for bikes and cars above USD 40,000, slashing it from 125% to 70%. But what …
The Delhi government has announced a ₹1 lakh crore budget for FY 2025-26. This marks a substantial increase from the previous year. The revised estimate for the prior year was ₹69,500 crore. The budget was presented by the Chief Minister and Finance Minister of Delhi, Rekha Gupta. Under the new budget, the government will focus …
Bihar is once again in the spotlight of India’s Union Budget, marking the second consecutive year of significant focus. Finance Minister Nirmala Sitharaman’s announcements for Bihar in Budget 2025 not only target rural and agricultural development but also emphasise growth in education, infrastructure, and job creation. These initiatives, which include the establishment of a Makhana …
Finance Minister Nirmala Sitharaman presented the Union Budget 2025-26, focusing on economic growth, industrial support, and middle-class empowerment. A major highlight of the budget is the revision of customs duties and import tariffs, impacting the prices of essential goods. While some products will become more affordable, others will see a price hike due to increased …
