4 min readNew DelhiUpdated: Feb 2, 2025 09:16 PM IST THE INCOME Tax bonanza, including increase in exemption slab from Rs 7 lakh to Rs 12 lakh (annual income) and tweaks in rates and slabs, will benefit taxpayers across income brackets. With the increase in exemption slab to Rs 12 lakh, those who earn up…
3 min readNew DelhiUpdated: Feb 3, 2025 10:20 PM IST In her budget speech Saturday, Finance Minister Nirmala Sitharaman announced a new presumptive taxation regime for non-residents providing services in India’s electronics manufacturing sector that experts said could significantly slash the tax burden on their income in India. The move could give a fillip to…
3 min readUpdated: Feb 3, 2025 10:21 PM IST The central government will set up a for small, medium and large industries with a focus on clean tech manufacturing, Union Finance Minister Nirmala Sitharaman said in her Budget speech on Saturday. The mission’s mandate will include five focus areas – ease and cost of doing…
3 min readNew DelhiUpdated: Feb 2, 2025 09:16 PM IST Finance Minister Nirmala Sitharaman Saturday announced Grameen Credit Score, a framework to be developed by the public sector banks for the credit needs of the members of Self Help Groups (SHGs) and people in rural areas. “Public Sector Banks will develop a ‘Grameen Credit Score’…
2 min readNew DelhiUpdated: Feb 2, 2025 09:15 PM IST Finance Minister Nirmala Sitharaman on Saturday announced the setting up of a new urea plant with an annual production capacity of 12.7 lakh tonnes (lt) at Namrup in Assam. If this proposal in the latest Union Budget fructifies into investment, it would be the eighth…
3 min readNew DelhiUpdated: Feb 3, 2025 10:20 PM IST The Mahatma Gandhi National Rural Employment Guarantee Scheme (MG-NREGS) did not see any change in its budget, with the government keeping the rural job scheme outlay at Rs 86,000 crore in the Union Budget 2025-26. The Pradhan Mantri Awaas Yojana-Gramin (PMAY-G), which saw a drastic…
With a rejig of Income Tax slabs, the expectation is that the money saved will flow back into the economy through consumption, savings or investment, Union Finance Minister Nirmala Sitharaman said in an interview with Doordarshan. She also spoke about the benefits of the New Tax Regime and the government’s capex plans. Edited excerpts: The…
Tax Deducted at Source (TDS) contributes up to 42% of the country’s total tax collections in recent years. But while it has ensured steady revenue for the Government, the framework has grown increasingly complex, characterised by nuanced provisions, multiple sections, varied rates, and procedural frictions. For businesses, this translates to cash‑flow strain, compliance hurdles, and…
5 min readJan 26, 2026 03:06 PM IST Written by Tarun Arora India is hub for more than 1,800 Global Capability Centres (GCCs) set up by multinational companies, specialising largely in Information Technology (IT) and IT-enabled service (ITeS). These GCCs collectively contribute to a substantial revenue of US$ 68 billion and provide employment to more…
India’s infrastructure story has evolved from a focus on building quickly and at scale to asset performance and efficiency. Over the past decade, strong investment by the public sector has created a wide base of roads, railways, power systems, and urban infrastructure that now underpins economic growth. Central government capital expenditure has risen from around…
