Budget 2024 News

Railway Budget 2025: Capex remains unchanged at Rs 2.52 lakh crore for second year in row

The railways was allocated around Rs 2.65 lakh crore in 2024-25 through various financing sources, including funds raised through IRFC for capex deployment.

Defence spending gets a boost with Rs 6.8 lakh crore allocation, as defence capex up 12.9%

Data shows that India has seen a steady rise in defence allocation since 2019, with capex creation 50 percent higher than the pre-pandemic period

Budget announces National Nuclear Energy Mission as India chases clean energy

The Atomic Energy Act and the Civil Liability for Nuclear Damage Act will be amended to realise goal of at least 100 GW of nuclear energy by 2047, Nirmala Sitharaman has said

Auto stocks rally as budget boosts EV adoption with Solar PV cells and battery ecosystem

On the electric mobility front, India continues to push for increased EV adoption. The Prime Minister’s E-drive scheme, with an outlay of Rs 109 billion, underscores this commitment

Banking on agriculture, Budget 2025-26 focuses on Kisan for growth

Budget 2025-26 allocated Rs 1.71 lakh cr (BE) for the year 2025-26, up from Rs 1.51 lakh cr (BE) for FY 25.     

Nirmala Sitharaman delivers Budget 2025: What's in it for senior citizens?

Sitharaman presented her 8th consecutive Union Budget to the Parliament amid a slowdown in the economy and moderation in real wages

Senior citizens' delight: Union Budget 2025 eases TDS limits on FD interest income

Finance Minister eases tax deduction limit on interest income and increased TDS limit on rent, benefiting senior citizens in Budget 2025.

ITC, Godfrey Philip and VST Industries jump as no hikes in excise duty/NCDD in Budget 2025

The online gaming industry has been seeking 28 per cent GST on gross gaming revenue (GGR) instead of the total amount deposited by players.

Key takeaways from the Budget: Transformative areas, growth engines, tax benefits, light touch regulations

While the basic income tax exemption limit has been increased to Rs 12 lakh, sector-specific allocations and schemes were announced for various segments including agriculture, EVs, manufacturing, shipbuilding, power, infrastructure, and insurance.

Finance Minister Sitharaman extends re‐export window for rail industry

The Budget also proposes to extend the time limit for re-import of goods for repairs under warranty from three to five years

Union Budget 2025 profile: Where each rupee comes from and where it goes

Check the profile of India's Union Budget 2025: A breakdown of where each rupee comes from, and where does the money go.

No income tax till Rs 12 lakh under New Tax Regime to drive demand for smartphones, laptops

In a major boost for the middle class, Finance Minister Nirmala Sitharaman announced a massive taxation reform in Union Budget FY26 today. In the Part B announcements, Sitharaman said that there will be no income tax up to Rs 12 lakh per annum under New Tax Regime.

Budget 2025 at a glance: Total expenditure set at Rs 50.65 lakh crore, fiscal deficit target at 4.4% of GDP

Capital expenditure has been set at Rs 11.21 lakh crore, reflecting the government’s focus on infrastructure and asset creation

Union Budget 2025: Credit Guarantee Cover For MSMEs To Be Enhanced, Says Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman on Saturday said in her eighth Budget speech that the credit guarantee cover limits for the MSME sector will be enhanced. For micro enterprises, the MSME credit guarantee cover will be doubled from ₹5 crore to ₹10 crore leading to additional ₹1.5 lakh crore credit in the next 5 years. Sitharaman said that customised credit cards with a limit of ₹5 lakh will be started for small businesses registered on the Udyam Portal.

Govt budgets another bonanza dividend at Rs 2.56 lakh crore from RBI and state-run banks in FY26

This financial year the RBI dividend has helped keep the fiscal deficit in check despite a decline in nominal growth and a faster pick-up in revenue expenditure

Union Budget 2025: PM Dhan Dhanya Yojana Announced, To Cover 100 Districts | N18L

During her budget address, Sitharaman announced that the Centre will launch the PM Dhan Dhanya Krishi Yojna in partnership with states. The scheme will cover 100 districts in the country and around 1.7 crore farmers will benefit from it. The scheme aims to generate opportunities in rural areas so that migration is an option and not a necessity and much more

Hotel, tourism stocks surge as FM unveils plan to develop top 50 destinations

"We will focus on tourism for employment-led growth and Top 50 tourist destinations will be developed in partnership with states," Nirmala Sitharam said during the budget speech.

Railway stocks tumble after FM Sitharaman mentions no major reforms for the sector in Budget

Shares of IRCTC were trading 3 percent lower at Rs 797 per share, while IRFC shares were down 5 percent at Rs 144 per share. IRCON shares dropped over 6 percent to trade at Rs 207.50 apiece.

Nominal growth target set higher at 10.1%, income tax steals the show in FY26 Budget

The Indian economy performed below expectations in FY25. While the Budget had set a target if 10.5 percent growth for the fiscal, data released on January 7 showed that growth likely slipped to 9.7 percent for the year

Capex target set at Rs 11.2 lakh crore for FY26, as income tax relief takes centre stage

The spending is in line with the median forecast of Rs 11.2 lakh crore of a Moneycontrol poll of 15 economists

Consumer Durables index, Whirlpool, Blue Star, Kalyan Jewellers stocks gain as no income tax up to Rs 12 lakhs announced in Budget 2025

FM Nirmala Sitharaman announced that no income tax will be payable on income up to Rs 12 lakh, boosting consumption stocks.

'Natural since elections are due': Jairam Ramesh on Sitharaman's Budget announcements for Bihar

It is natural since elections are due there later in the year. But why is the other pillar of the NDA, namely Andhra Pradesh, been so cruelly ignored, says the Congress leader.

Capital Goods stocks fall 2% as FY25 revised capex reduced to Rs 10.8 lakh crore

The finance minister also announced the removal of 7 tariff rates in order to promote exports. After this there will be only 8 remaining tariff rates including zero rates. Additionally, investment index friendliness of states will be launched in 2025.

Big boost to the middle class: No tax on incomes up to Rs 12 lakh under the new regime, says FM

Budget 2025 also rejigged tax slabs and rates under the new tax regime and increased the basic exemption limit from Rs 3 lakh to Rs 4 lakh. However, as expected, old tax regime slabs and rates will remain unchanged.