Union Budget News
Govt Considers Personal Tax Relief in Budget 2025 to Boost Consumption
20 January 2025 at 08:48As the Union Budget 2025 approaches, growing expectations suggest that the government is actively considering personal tax relief measures aimed at boosting consumption and accelerating economic recovery.
EV Industry Seeks GST Cut on Batteries & Infrastructure Status for Charging Stations in Upcoming Budget
20 January 2025 at 08:48The Electric Vehicle (EV) industry is calling on the government to slash the GST on EV batteries from the current 18% to 5%, aligning it with the GST rate applied to electric vehicles.
Budget 2025: New Income Tax Law and Expectations
20 January 2025 at 08:48The upcoming Budget 2025 session of Parliament is set to witness the introduction of a brand-new Income Tax Bill, aimed at simplifying the decades-old Income Tax Act of 1961. A
Budget 2025: Tax Relief for Salaried Class and MSMEs Expected to Boost Economy
18 January 2025 at 07:54As the Union Budget 2025-26 approaches, tax experts and stakeholders are urging the government to address key concerns of the salaried class and Micro, Small, and Medium Enterprises (MSMEs) to drive consumption, investment, and economic growth.
Union Budget 2025: Insurance Industry Seeks Reforms, Tax Incentives and Capital Infusion for Growth
17 January 2025 at 09:01The insurance sector is eagerly anticipating the Union Budget 2025, with expectations of significant amendments to the Insurance Act and key tax exemptions aimed at boosting health and protection insurance adoption.
CREDAI Seeks 15% Income Tax for Affordable Housing in Budget 2025
17 January 2025 at 08:55The Confederation of Real Estate Developers' Associations of India (CREDAI), representing over 13,000 developers, has urged the government to introduce a fixed 15% income tax rate for affordable housing projects in the upcoming Union Budget 2025.
Budget 2025: EV Industry Seeks GST Simplification and Incentives
13 January 2025 at 08:46As Union Budget 2025 approaches, the electric vehicle (EV) industry has high hopes for policy changes to accelerate India's EV adoption and manufacturing capabilities.
NRAI Urges Govt Support to Boost India's Restaurant Industry in Union Budget 2025-26
11 January 2025 at 09:01The National Restaurant Association of India (NRAI) has appealed to FM Nirmala Sitharaman to include targeted reforms and incentives for the restaurant sector in the Union Budget 2025-26.
Union Budget 2025-26: CII Recommends 25% Hike in Public Capex and Tax Relief for Middle Class
11 January 2025 at 08:59The Confederation of Indian Industry (CII) has urged the Union government to increase capital expenditure by 25% in FY26 while adhering to the fiscal glide path.
Budget 2025: Experts Push for GST Reduction and Higher Tax Deductions on Insurance
11 January 2025 at 08:57The Indian insurance sector stands at a transformative juncture as the Union Budget 2025 approaches. Experts believe targeted reforms could significantly enhance insurance penetration, driving India closer to the vision of "Insurance for All" by 2047
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