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In the Union Budget 2025, pension schemes saw significant updates, including tax benefits for the NPS Vatsalya scheme and higher interest income deductions for seniors. Yet, the lack of an increase in the standard deduction left some taxpayers ...

Finance minister Nirmala Sitharaman's removal of customs duties on key electronic components will boost local manufacturing and attract global supply chain stakeholders, according to IT minister Ashwini Vaishnaw. The government also aims to enhance . ...

Budget 2025: In the new tax regime, individuals earning up to 12 lakh will pay no tax, while those earning 18 lakh and 25 lakh will see savings of 70,000 and 1.1 lakh, respectively. The regime favours younger taxpayers by increasing disposable income ...

Amid persistent liquidity concerns, the finance minister also raised the credit limits for loans with government guarantees for micro, small enterprises and startups.

Budget 2024: The recently introduced 2025 Union Budget aims to boost EV battery manufacturing through refining and recycling while also giving a much-needed boost to consumer spending ...

Budget 2025: The threshold to collect TCS on remittances under RBI's liberalised remittance scheme (LRS) is proposed to be raised from 7 lakh to 10 lakh.

The finance minister's announced plans to set up a Makhana Board and farmer producers organisations for the product harvested widely in Bihar.

Finance minister Nirmala Sitharaman announced measures to boost the manufacturing of components in the green energy space and support power transmission infrastructure, which is key to India's green energy goals.

BCD will be removed from on 35 different types of capital goods used for lithium-ion battery manufacturing. This will bring down the cost of setting up an EV battery manufacturing factory in India. Similar benefits have also been granted to equipment ...

Budget 2025: The state is the only one in the crucial Hindi belt, which has eluded the BJP's full embrace ...