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Government propose to increase threshold of TCS on LRS scheme to Rs 10 lakh from Rs 7 lakh
Under the Liberalised Remittance Scheme, all resident individuals, including minors, are allowed to freely remit up to USD 2,50,000 per financial year (April – March) for any permissible current or capital account transaction or a combination of both.
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Pharma stocks mixed after Sitharaman announces tax exemptions
Budget 2025: Most demands for the pharma sector went unattended, failing to trigger any significant upside in pharmaceutical shares.
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Jal Jeevan Mission extended till 2028 with enhanced outlay to achieve 100% coverage
Budget 2025: The Jal Jeevan Mission, launched in 2019, aims to provide drinking water to every rural household
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Nifty FMCG jumps 4% after Finance Minister announces no income tax up to Rs 12 lakh in Budget 2025; ITC, Trent, Godrej Consumer stocks rally 7%
Experts said that consumer demand has been sluggish, slowing volume growth for FMCG firms, as seen so far in the Q3 earnings show.
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Top gainers and losers among Nifty stocks on Budget 2025: Share market erases gains as FM delivers speech
IndusInd Bank remained the top performer among the Nifty stocks, followed by HDFC Life and Apollo Hospitals at noon, as Finance Minister Nirmala Sitharaman delivered her Union Budget 2025 speech.
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50 top tourism sites to be developed in partnership with states, Mudra loans for home stays
As part of push for religious tourism, special focus will be in on destinations related to Lord Buddha
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Govt to rollout revamped central KYC registry in 2025: FM Sitharaman
In December, Moneycontrol had exclusively reported on CERSAI's ongoing plans to migrate to a new upgraded repository--CKYCRR 2.0--with better-streamlined processes for reporting entities (REs) besides throwing it open to citizens for the first time.
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FY26 gross borrowing shoots up to Rs 14.82 lakh crore on repayments
In the first half of current financial year, the Centre has borrowed nearly Rs 7 lakh crore and plans to borrow Rs 6.61 lakh crore in the second half.
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What’s getting cheaper and costlier in FY25 Union Budget?
While certain life-saving drugs, critical minerals, and components for electric vehicle manufacturing will become more affordable, other goods, including flat panel displays and select tariff lines, are set to see price hikes.
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Finance Minister Sitharaman announces national framework to accelerate GCC growth in Tier 2 cities
Sitharaman said the measure will enhance the availability of talent, infrastructure, building bye-law reforms, and mechanisms for collaboration with the industry.
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Apex Frozen Food shares rise 7% with Union Budget'25 measure for fisheries
The fisheries sector will undergo implementation of sustainable harnessing of fisheries from Indian exclusive economic zones and high seas
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MSMEs get a boost with enhanced credit access, Kisan Credit Card loan limit raised
The step aims to provide farmers with better access to formal credit and reduce their dependence on high-interest informal borrowing, FM says
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NaBFID will set up partial credit guarantee scheme for corporate bond for infrastructure, says FM Sitharaman
NaBFID is a specialized Development Finance Institution in India aimed at supporting the country's infrastructure sector.
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Cleantech manufacturing gets a boost in Budget 2025
Under cleantech manufacturing, equipment such as solar PV cells, EV batteries, motors and controllers, electrolysers and grid-scale batteries will be promoted, the minister has said
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FDI in insurance raised to 100% from 74%: FM Nirmala Sitharaman
Enhanced FDI limit for insurance sector to be applicable to those that invest entire premium in India, says Nirmala Sitharaman
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Budget 2025: Centre announces Bharat Trade Net, a DPI for international trade
Bharat Trade Net will help in trade documentation and financing solutions in international trade, and the finance minister said that it will be aligned with international practices.
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Government explores launching deeptech fund of funds says FM Nirmala Sitharaman
The Finance Minister also said that around 10,000 fellowships will be provided in IITs and IISc for tech research, in the next 5 years.
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Govt announces that financial assistance scheme to enable faster growth of a homegrown shipping industry will be launched in Budget 2025
The shipping industry has long sought that the ministry of ports, shipping and waterways' (MoPSW) capital subsidy scheme – Shipbuilding Financial Assistance Policy (SBFAP) – be extended for shipbuilding by another 10 years under Amritkaal Maritime Vision 2047.
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Govt announces reforms to strengthen electricity distribution, transmission
The measures come as power distribution companies battle financial issues amid poor billing and collections and delays in tariff orders among other challenges
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What FM Sitharaman said about new income tax bill to be introduced next week
Union Finance Minister Nirmala Sitharaman announced that she will present the new income tax bill next week
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FDI limit in insurance sector to rise to 100%, says FM
This is applicable only for companies that invest the entire premium collected in India, FM adds
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Government to provide broadband connectivity to rural schools and PHCs under BharatNet
"Broadband connectivity will be provided to all government secondary schools and PHCs in rural areas under the BharatNet project," she said while presenting the Union Budget for 2025-26 in Parliament.
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Govt to ask every infrastructure ministry to come up with a list of projects to be awarded under the PPP model
Introduced in 2019, NIP has a projected investment of around Rs 111 trillion for FY20-25 for developing a comprehensive view of infrastructure development in the country.
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D-Link, HFCL, MTNL shares jump amid Budget scheme for broadband connectivity for govt schools
Finance Minister Nirmala Sitharaman, while presenting Union Budget 2025, announced a new scheme of providing broadband connectivity to all government secondary schools and health centres.
