BUSINESS
New Tax Regime: No Tax for Individuals Earning Up to ₹12 Lakh Annually, Says FM
For salaried employees, this nil tax limit will be ₹12.75 lakh per annum after factoring in a standard deduction of ₹75,000.
FM Announces Budget FY26 to Drive Reforms in Six Key Areas
Presenting her eighth consecutive budget, she stated that the government's development track record over the past 10 years and its structural reforms have drawn global attention.
India, the World's Fastest Growing Economy, on Track to Become Viksit Bharat: FM Sitharaman
Presenting her eighth consecutive budget and the NDA government's second full Union Budget of its third term, the Finance Minister said the Budget focuses on spurring agricultural growth, empowering farmers, supporting MSMEs, and ensuring innovation while promoting exports.
Nirmala Sitharaman Makes History with 8th Consecutive Budget
Nirmala Sitharaman, who surpassed the record of former Prime Minister and Finance Minister Morarji Desai last year, is set to present the Union Budget for 2025-26 in Parliament on Saturday.
Core Sector Industries Post 4% Growth in December
The eight core sectors—coal, natural gas, crude oil, refinery products, fertilizers, cement, steel, and electricity—account for 40.27% of the Index of Industrial Production (IIP). Growth rates in these industries serve as indicators of overall industrial growth.
CEA Attributes Growth Slowdown to External Factors
India's economy is likely to expand by 6.3–6.8 per cent in the coming fiscal year, much lower than what is needed to achieve developed-country status. To stimulate growth, the country requires deregulation and reforms in areas such as land and labour, according to the government's pre-Budget Economic Survey.
Economic Survey Highlights Potential Health Risks of Over 60-Hour Work Week, Citing Studies
According to these findings, individuals working 12 or more hours per day at a desk experience significantly lower mental well-being, with a score about 100 points lower than those working fewer than two hours at a desk.
Economic Survey: Strategic Trade Roadmap to Boost Vibrant Export Sector
Presented in Parliament on Friday as a precursor to the Union Budget 2025-26, the Survey highlighted India’s external sector resilience amidst global challenges.
Economic Survey: Govt Focused on Strong Infrastructure, Calls for Private Sector Support
Presented in Parliament by Finance Minister Nirmala Sitharaman, the Survey further emphasized that "as important as this is, the private sector must reciprocate, too."
Economic Survey: India Remains a Bright Spot in Global Manufacturing Amid Geopolitical Tensions
The global manufacturing landscape has undergone significant shifts over the past decade and India has been one of the dynamic economies that gained a greater presence in the space gradually vacated by developed countries.
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