Budget Announcements

Union Budget 2025: Finance Minister Nirmala Sitharaman announces adding 36 lifesaving drugs and medicines to the list of medicines fully exempt from Basic Customs Duty.

Moneycontrol Daily: Your Essential 7

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Core sector growth rises to 6.2% in April

Core sector growth was a revised 6% in March

Interim Budget extends tax benefits for startups, sovereign wealth funds, GIFT IFSC units

In her Budget speech, finance minister Nirmala Sitharaman made a slew of announcement for startups and innovation.

FM Sitharaman in Budget speech announces corpus of Rs 1 lakh crore for loans to support research and innovation

Further, a new scheme will be set up for deeptech innovation in defence sector, Finance Minister Nirmala Sitharaman said while presenting the interim budget.

Budget 2024 Highlights: Defence Ministry gets Budget boost, govt spending on DRDO sees upward revision too

Budget 2024 Highlights: Ministry of Defence has received a robust budget of Rs 6,500 crore for Border Roads Organisation in the financial year 2024-25, marking a 30% increase from the previous fiscal year, the Defence Ministry said. DRDO's Budget saw a boost to Rs 23,855 crore and the Indian Coast Guard’s budgetary allocation increased this year by 6.31 percent to Rs 7,651 crore.

Budget 2024: Energy sector expects fund allocation for cleaner fuels, green hydrogen

Budget 2024: India’s energy sector is hopeful that in the upcoming budget, cleaner fuels such as green hydrogen and natural gas would be at the forefront.

Budget 2024: Oil and gas industry hopeful of energy transition funds, boost for cleaner fuels

Finance Minister Nirmala Sitharaman has, however, said “no spectacular announcements” should be expected from the upcoming budget as the full budget for FY25 would be presented after the formation of a new government.

Budget 2024: Analysts keep an eye on infra spending, expect modest allocations in metals & mining sector

In 2024, the minerals and metals industry is expected to fill production gaps and reduce dependence on imports, helped along by policy reforms and government incentives.

Union Budget 2023 Analysis Highlights: Here's a fineprint of all Budget proposals announced by Finance Minister Nirmala Sitharaman

Budget 2023 Analysis Highlights: The last full Budget of Modi government before the 2024 Lok Sabha elections did give more cash in hand to the middle class, but at the same time, stuck to the path of fiscal prudence. From the new 'default tax regime' to infra boost, here's a detailed analysis of all the proposals announced by FM Sitharaman.

Union Budget 2023: What is in it for salaried professionals?

Union Budget 2023: Now, an individual with an income of Rs 15 lakh would be required to pay only Rs 1.5 lakh or 10 percent of his or her income.