BUSINESS
Budget 2025: Centre sets Rs 47,000 crore disinvestment target for FY26
In FY25, the government moved away from setting separate yearly disinvestment targets and bundled receipts from divestment and asset monetisation under a broader target for miscellaneous capital receipts.
BUDGET
Budget 2025: Gender budget receives another fillip, accounts for 9 percent of total spend
In 2014, the gender budget accounted for just 4.5 percent of the total spending
BUSINESS
Centre discontinues Sovereign Gold Bond scheme due to high cost of borrowing
Despite an allocation of Rs 18,500 crore for SGBs in the FY25 Budget – down from Rs 26,852 crore in the interim Budget – no new tranches of SGBs have been issued in the current fiscal.
BUSINESS
PM-KISAN's allocation raised to Rs 63,500 crore in Budget 2025
PM-KISAN is a Union government programme designed to support all landholding farmer families across the country
BUSINESS
Budget 2025: Centre's GST collections for FY26 projected at Rs 11.8 lakh crore
The projected increase in GST collections for FY26 underscores optimism about sustained economic growth and the effectiveness of tax administration reforms.
BUSINESS
Budget pegs FY26 gross tax collection at Rs 42.7 lakh crore, up 11%
The projected increase aligns with the government's strategy to enhance revenue generation while maintaining fiscal discipline.
BUSINESS
Private sector can itself create the demand it is looking for, says CEA Nageswaran
Though, Nageswaran said that the private sector has not been on the sidelines when it comes to investment, he acknowledged that the rate of growth has been somewhat slower than desired levels.
BUSINESS
India’s 6.3-6.8% GDP growth estimate for FY26 not a slowdown, says CEA
India’s current growth rate is reflective of these external conditions rather than a domestic economic slowdown.
BUSINESS
Rigid growth rate not necessary for Viksit Bharat by 2047: CEA
'Global real economic activity has been declining. There is a slowdown. However, India remains the fastest-growing among large economies of the world, Nageswaran stated
BUSINESS
Economic Survey calls for 'systematic deregulation' to spur growth, innovation
The survey emphasised that the path to further industrialisation hinges on deregulation, R&D, and upskilling the workforce. "A strong commitment to R&D should be ingrained in industry’s core values, as it is essential for global competitiveness and profitability," it added.
BUDGET
Employment, structural reforms and fiscal stability key for Budget 2025, says Sajjid Chinoy
Speaking in an interview with Moneycontrol, Chinoy said that India must balance domestic growth concerns with global economic uncertainties while ensuring macroeconomic stability.
BUSINESS
What to expect from CEA Nageswaran's third Economic Survey?
Nageswaran will on January 31 present his third Economic Survey, a review of the country’s economic performance over the past fiscal
BUSINESS
Budget 2025 likely to set aside Rs 1.7 lakh crore for fertiliser subsidy
The MDA scheme, aimed at promoting organic fertilisers and manure, is set to get an increased allocation of Rs 150 crore, up from Rs 100 crore in FY25
BUDGET
Budget 2025: Customs duty slabs may be rationalised but FTAs to limit flexibility
There are more than 40 different rates and the government is keen on streamlining the customs duty structure to simplify trade
ECONOMY
CEA Nageswaran flags land regulations as hurdle in realising India's manufacturing dreams
Nageswaran was speaking at the EXIM Bank International Economic Research annual event
BUSINESS
Budget 2025 likely to double minimum pension under Atal Pension Yojana to Rs 10,000
Named after former Prime Minister Atal Bihari Vajpayee, the Atal Pension Yojana aims to strengthen financial inclusion and provide a safety net for those without access to formal retirement benefits.
BUSINESS
Eighth Pay Commission may impact fiscal consolidation, tax devolution by 16th Finance Commission: Economists
With the constitution of the Eighth Central Pay Commission in 2025, increases in salary and pension expenditures for central government employees will start reflecting in the central budget from FY 2026-27.
BUDGET
Budget 2025: Incentives to set up working women's hostels could be cut from states' 50-year capex loans
The interest-free loan scheme introduced 2021-22 is likely to be extended for 2025-26 with a renewed focus on land reforms and scrapping of old vehicles. While some schemes face the axe, issues like urban development and the environment would remain priorities.
BUDGET
Budget 2025: Insight 2.0 on cards to better analyse tax info from banks to flag evasion
The upgraded ‘Insight’, which is in the final stages of approval, will help I-T authorities, better analyse data received from banks, financial institutions and GST filings among sources others to identify discrepancies
BUSINESS
GST authorities search PB Fintech’s Gurgaon office over evasion allegations
PB Fintech, owns and operates Policybazaar, which offers an array of insurance products and advisory services.
BUSINESS
Net direct tax collection up over 15.9% at Rs 16.89 lakh crore
While the non-corporate tax witnessed 21.5 percent growth in advance tax, corporate tax grew by only 8 percent till January 12.
BUDGET
Budget 2025: Finance Bill likely to upgrade income tax application with AI for efficient audits, flagging of frauds and enhanced capacity
ITBA is the core platform used by income tax officers for audits, investigations, penalties, appeals and compliance management, and its enhanced version will also mean real-time tracking of returns, refunds and assessments for taxpayers.
BUSINESS
Odisha, Madhya Pradesh, Karnataka lead tourism investments in FY25; Arunachal, Punjab, Jharkhand lag
A total of Rs 3,295.76 crore has been disbursed to states for tourism projects under the capex loan to states scheme in 2024-25.
BUDGET
Budget 2025: Finance Bill likely to further strengthen GST to tackle fake invoicing
The Finance Bill is likely to introduce amendments to the GST Act to further strengthen mechanisms to curb fake invoicing. Sources said the act will be amended to include the Invoice Management System, introduced in November 2024 to curb fake invoicing, giving it a legal basis.
