Union Budget News

SWFs Seek Tax Exemption Extension for Infrastructure in Budget 2025

24 January 2025 at 09:24

As the Union Budget 2025 approaches, foreign sovereign wealth funds (SWFs) and pension funds are lobbying for an extension of the tax exemption on their investments in India's infrastructure sector.

Posted in Union Budget | 558 Views

Union Budget 2025: Key Expectations and Demands of SMEs and MSMEs

23 January 2025 at 09:15

As the Union Budget approaches, the Small and Medium Enterprises (SMEs) and Micro, Small, and Medium Enterprises (MSMEs) - the backbone of India's economic growth and employment generation are pinning their hopes on strategic reforms

Posted in Union Budget | 2139 Views

Union Budget 2025: Key Expectations for India's Insurance Sector

22 January 2025 at 08:59

As Finance Minister Nirmala Sitharaman gears up to present the Union Budget 2025 on February 1, industry experts are eyeing significant reforms to propel India toward its ambitious goal of "Insurance for All" by 2047.

Posted in Union Budget | 1938 Views

Union Budget 2025: Industry Experts Seek Tax Incentives to Boost REITs and Green Buildings

22 January 2025 at 08:59

Industry insiders and experts are urging the Union Budget 2025 to introduce tax incentives and simplify the tax structure to enhance the appeal of Real Estate Investment Trusts (REITs) as a viable investment option.

Posted in Union Budget | 1671 Views

NRIs Expect Tax Relief in Budget 2025: Key Issues Highlighted

21 January 2025 at 08:53

As Finance Minister Nirmala Sitharaman gears up to present the Union Budget 2025, the global Indian diaspora of 35.42 million is hopeful for much-needed tax reforms.

Posted in Union Budget | 1785 Views

Budget 2025: Govt Plans to Phase Out Old Tax Regime

20 January 2025 at 08:48

In the upcoming Budget for FY26, Finance Minister Nirmala Sitharaman is expected to announce a roadmap for the gradual phasing out of the old personal income tax regime over the next few years.

Posted in Union Budget | 14019 Views

Govt Considers Personal Tax Relief in Budget 2025 to Boost Consumption

20 January 2025 at 08:48

As 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.

Posted in Union Budget | 2202 Views

EV Industry Seeks GST Cut on Batteries & Infrastructure Status for Charging Stations in Upcoming Budget

20 January 2025 at 08:48

The 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.

Posted in Union Budget | 858 Views

Budget 2025: New Income Tax Law and Expectations

20 January 2025 at 08:48

The 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

Posted in Union Budget | 4056 Views

Budget 2025: Tax Relief for Salaried Class and MSMEs Expected to Boost Economy

18 January 2025 at 07:54

As 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.

Posted in Union Budget | 1911 Views