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Source: Live Mint The highlight was that the aspirations and expectations of the middle-class, finally got an earnest ear. In her Budget speech, Finance Minister Nirmala Sitharaman repeatedly underscored the role of the middle class in nation-building, mentioning the term “middle-class” at least ten times, highlighting their energy and contribution to the economy. The proposed…
Source: Live Mint On Saturday, finance minister Nirmala Sitharaman announced a fiscal outlay of ₹2,000 crore ($230 million) for the Mission. The move succeeded the Ministry of Electronics and Information Technology (Meity) announcing last Thursday that a repository of 18,693 graphic processing units (GPUs), provided by private sector companies, was ready to be used as…
Source: Live Mint Bajaj Broking stated that Finance Minister Nirmala Sitharaman created history on February 1, 2025, by presenting her eighth consecutive Union Budget, reinforcing the government’s commitment to economic growth. This budget plays a crucial role in laying out a roadmap for achieving Viksit Bharat (Developed India). The Finance Minister emphasised four key growth…
Source: Live Mint Stock market strategy: The Indian stock market benchmark indices, Sensex and Nifty 50, declined over a percent each on Monday, weighed down by weak global cues. The Union Budget 2025-2026 failed to impress the domestic equity market, but gave a boost to the consumption stocks. The benchmark Nifty 50 has corrected over…
Source: Live Mint Stock Market today: Kalyan Jewellers India Ltd share price extended its post-budget rally for second straight session on Monday. The stock is rising fueled by Budget proposal to reduce duty from 25% to 20% The customs tax for item code 7113, which includes jewelry and parts for it, has been lowered by…
Source: Live Mint Driving agricultural growth and productivity is a key focus for the government, finance minister Nirmala Sitharaman said in her Budget speech. According to her, the journey towards Viksit Bharat will be powered by four pillars: agriculture, MSMEs, investment, and exports. The minister announced a National Mission on High Yielding Seeds to enhance…
Source: Live Mint In a piece of good news for the stock market investors, the Narendra Modi government announced a proposal to raise the tax deducted at source (TDS) limit on dividend income in the Union Budget 2025-26 from ₹5,000 to ₹10,000. The move, which comes as part of TDS threshold rationalization, is a boost…
Source: Live Mint There is a spring in the step of Indian consumer-related companies after the budget 2025’s proposal to make income up to ₹12 lakh tax-free under the new tax regime. With more disposable income in the hands of millions of taxpayers, the expectation is that consumers would be encouraged to spend more on…
Source: Live Mint Mumbai: After finance minister Nirmala Sitharaman delivered a consumption-supporting budget, the ball is now in the Reserve Bank of India’s (RBI) court to deliver the last-mile push to growth with a rate cut next week. A majority of economists believe that the budget has set the stage for a rate cut by…
Source: Live Mint Budget 2025: Union Finance Minister Nirmala Sitharaman announced the revision of tax slabs for taxpayers under the new tax regime. This has, undoubtedly, made the new tax regime even more attractive for the taxpayers. Does this mean that today’s Budget rang a death knell for the old tax regime? Let us understand…
