New Delhi: Finance Minister Nirmala Sitharaman Sunday proposed to increase time limit for filing revised income tax (I-T) return from December 31 to March 31, on payment of nominal fee. The government also proposed a reduction in TCS rate for pursuing education and medical education...
New Delhi: Finance Minister Nirmala Sitharaman Sunday proposed seven high-speed corridors among various cities and a new dedicated freight corridor between Dankuni in West Bengal and Surat in Gujarat in the Union Budget for 2026-27. "In order to promote an environmentally-sustainable passenger system, we will...
New Delhi: The government has proposed to lower debt-to-GDP ratio to 55.6 per cent in FY27, from 56.1 per cent in the current fiscal year, Finance Minister Nirmala Sitharaman said Sunday. Presenting the Union Budget 2026-27, she said the Centre has allocated Rs 5,000 crore...
New Delhi: Finance Minister Nirmala Sitharaman Sunday said individual persons residing outside India (PROI) will be permitted equity investments in listed Indian companies through a portfolio investment scheme. She also proposed raising investment limit for PROIs to 10 per cent from 5 per cent. The...
New Delhi: Finance Minister Nirmala Sitharaman Sunday announced setting up of one girls' hostel in every district of the country. There are over 700 districts in the country. She also proposed a loan-linked capital subsidy support scheme for veterinary colleges, hospitals, and diagnostics laboratories. The...
New Delhi: Finance Minister Nirmala Sitharaman Sunday announced that the Self-Reliant India Fund will be topped up by Rs 4,000 crore in 2026-27 to support micro, small and medium enterprises (MSMEs). The fund was announced in 2023 to infuse Rs 50,000 crore in equity funding...
New Delhi: Finance Minister Nirmala Sitharaman Sunday proposed to increase the outlay on electronics manufacturing to Rs 40,000 crore in the 2026-27 fiscal year. Presenting the Union Budget for 2026-27, she said high-tech tool rooms will be established at two locations to give push to...
New Delhi: Finance Minister Nirmala Sitharaman Sunday proposed Rs 10,000 crore investment over the next five years to develop India as a biopharma manufacturing hub, set up 1,000 clinical trial sites and strengthen the Central Drugs Standard Control Organisation. Biopharmaceuticals, or biologics, are complex medicines...
New Delhi: The Union Cabinet headed by Prime Minister Narendra Modi Sunday approved the Union Budget 2026-27. Following the approval, Finance Minister Nirmala Sitharaman will present her ninth record Budget in the Lok Sabha that comes in the backdrop of global uncertainties and slowdown in...
New Delhi: Ahead of presenting her ninth consecutive Budget, Finance Minister Nirmala Sitharaman Sunday called on President Droupadi Murmu. As per established tradition, the finance minister met the President at the Rashtrapati Bhavan before heading to Parliament. Sitharaman posed with her Budget team in front...
Influential people and high dignitaries often willingly get into honey-traps or sex rackets to seek pleasure using their positions. The...
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An unseemly controversy has been created over an unpublished book penned by former Army Chief General MM Naravane. It has...
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After punishing Indian exporters with a steep 50 per cent tariff on their goods sold in America for more than...
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By Aakar Patel Violation of sovereignty is defined as an infringement on a nation’s territorial integrity or an interference with...
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