The upcoming financial year 2025-26, which commences on April 1, 2025, is poised to enhance the disposable income of numerous taxpayers nationwide, courtesy of recent policy changes. Finance Minister Nirmala Sitharaman introduced a Budget that is favourable to the middle class, introducing a range of tax benefits aimed at increasing the funds available to ordinary … Read more
The Economic Survey for 2024-25 revealed that the annual growth rate of agricultural income has been 5.23% over the past ten years. Agriculture and its associated activities have always been a crucial pillar of India’s economy, playing a substantial role in both national income and employment generation. However, ahead of the Budget for 2025, there … Read more
Budget 2025: Union Finance Minister Nirmala Sitharaman is scheduled to deliver her eighth Union Budget on February 1, 2025. Throughout her tenure, FM Sitharaman has implemented significant reforms in a bid to benefit taxpayers, corporate entities, farmers, and other sectors. The forthcoming Union Budget is expected to introduce measures to boost dwindling economic growth and … Read more
Budget expectations: With the Union Budget 2025 less than three weeks away, TV Mohandas Pai, Chairman of Aarin Capital and former CFO of Infosys, said that the government should think about offering income tax relief to the middle class and simplify the existing taxation system. In an interview with CNBC-TV18, Pai said the government should think … Read more
Budget expectations: Finance Minister Nirmala Sitharaman is set to unveil the Union Budget on February 1, 2025, a highly anticipated event for taxpayers nationwide. The segment on income tax is of particular interest, as individuals eagerly await any potential changes that could offer relief. Speculation for this year’s budget centers around possible modifications to tax … Read more
Delhi heads to the polls on February 5, with results due on February 8. As elections approach, the Congress party and Bharatiya Janata Party still need to distribute tickets for 32 and 41 seats, respectively. Meanwhile, the Aam Aadmi Party has declared candidates for all 70 seats. This election’s outcome depends significantly on the Mahila, … Read more
India’s once-thriving middle class is now grappling with economic challenges that have significantly impacted their consumption patterns. According to a report by Marcellus Investment Managers, the slowdown is rooted in three primary factors: technological disruptions, a cyclical economic downturn, and deteriorating household balance sheets. Routine and repetitive jobs that once formed the backbone of middle-class … Read more
Union Budget 2024: After the Interim Budget 2024 made no big-bang announcements on taxes and middle class, there is a buzz that Finance Minister Nirmala Sitharaman may offer some significant relief to middle-class and salaried class for the first time in seven years. FM Sitharaman will table her seventh consecutive budget on July 23, 2024. Not … Read more
Full Budget 2024: The full Budget 2024 will be tabled next month. On Wednesday, Union Minister for Finance & Corporate Affairs Nirmala Sitharaman chaired the first Pre-Budget consultation meeting with leading economists. The meeting was attended by MoS for Finance Pankaj Chaudhary, the Finance Secretary, and the Secretaries of the Departments of Economic Affairs, Revenue, … Read more
You are at a Saturday night house party. Friends are drinking. You are sipping beer, that too less than your usual quota. By the time others are happy on Highland malts, you are back home sleeping. Hours later, when those friends are going to bed, you are sneaking out of it. Lacing up for yet … Read more