New Delhi: The Congress Sunday said the Union Budget was "totally lacklustre" and fell woefully short of the hype that was generated around it. Congress general secretary, Communications, Jairam Ramesh said the budget speech given by Union Finance Minister Nirmala Sitharaman was also "non-transparent" as...
Mumbai: Stock market benchmark indices Sensex and Nifty tumbled on Sunday afternoon trade after the Budget proposed to raise Securities Transaction Tax to 0.05 per cent on commodity futures from 0.02 per cent. The government will tax buyback proceeds for all types of shareholders as...
New Delhi: Finance Minister Nirmala Sitharaman Sunday said the Income Tax Act, 2025 will be implemented from April 1 and rules and tax returns forms will be notified shortly. Beginning April 1, the Income Tax Act, 2025, will come into force, replacing the six-decade-old tax...
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...
Nepal did what Bangladesh could not. Its Gen Z has transformed its pent-up anger against mainstream political parties and their...
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The insults heaped on India by senior officials of the Trump administration, including the PoTUS himself, that have become all...
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By Aakar Patel I have no problem with the reality that as a nation we cannot always or even mostly...
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By Dilip Cherian Delhi loves a vacancy, especially when it comes with a corner office and access to the Prime...
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