BUSINESS - Page 11

Budget 2025-26: Insurance Sector FDI Limit Increased to 100%
BUSINESS

Budget 2025-26: Insurance Sector FDI Limit Increased to 100%

On February 1, Finance Minister Nirmala Sitharaman announced an increase in the FDI limit for the insurance sector from 74 per cent to 10...

BCD Update on Essential Electronics Components to Enhance Domestic Manufacturing
BUSINESS

BCD Update on Essential Electronics Components to Enhance Domestic Manufacturing

The revision of Basic Customs Duty (BCD) on key electronics components will enhance the 'Make in India' initiative and aid in achieving Prim...

Finance Minister Allocates Rs 13,415.20 Cr for Space Sector; Experts Welcome Geospatial Initiative
BUSINESS

Finance Minister Allocates Rs 13,415.20 Cr for Space Sector; Experts Welcome Geospatial Initiative

In a significant boost for the space sector, Finance Minister Nirmala Sitharaman announced a budget allocation of Rs 13,415.20 crore for the...

Nil Tax Threshold Raised to Rs 12 Lakh: Taxpayers Set to Gain from Budget 2025-26 Changes
BUSINESS

Nil Tax Threshold Raised to Rs 12 Lakh: Taxpayers Set to Gain from Budget 2025-26 Changes

New Delhi, Feb 1 (NationPress) The significant announcement made by Finance Minister Nirmala Sitharaman regarding the income tax bracket for...

Lawmakers Applaud Union Budget 2025; Commend Tax Relief for Middle Class
BUSINESS

Lawmakers Applaud Union Budget 2025; Commend Tax Relief for Middle Class

Parliamentarians expressed their approval for the Union Budget 2025, focusing on measures to assist the middle class, enhance infrastructure...

Finance Minister Increases Capex in FY 2025-26 to ₹11.21 Lakh Crore for Major Infrastructure Developments
BUSINESS

Finance Minister Increases Capex in FY 2025-26 to ₹11.21 Lakh Crore for Major Infrastructure Developments

On February 1, Finance Minister Nirmala Sitharaman announced a capital expenditure of ₹11.21 lakh crore for FY 2025-26, focusing on infrastr...

Haryana CM Saini: Union Budget to Propel National Development
BUSINESS

Haryana CM Saini: Union Budget to Propel National Development

Chandigarh, Feb 1 (NationPress) Haryana Chief Minister Nayab Saini thanked Prime Minister Narendra Modi and Finance Minister Nirmala Sithara...

Indian Stock Market Stalls Post Union Budget, Small-Caps Outperform
BUSINESS

Indian Stock Market Stalls Post Union Budget, Small-Caps Outperform

The Indian stock market closed flat on Saturday following the Union Budget 2025-26 announcement by Minister Nirmala Sitharaman, with small-c...

Union Budget: Government Addresses Citizens' Questions on Revised Income Tax Slabs
BUSINESS

Union Budget: Government Addresses Citizens' Questions on Revised Income Tax Slabs

On Feb 1, 2024, the government clarified how the proposed tax reforms under the new income tax slabs are designed to favor the middle class...

Abolishing Customs Duty on Lithium-Ion Batteries to Accelerate EV Production
BUSINESS

Abolishing Customs Duty on Lithium-Ion Batteries to Accelerate EV Production

The recent elimination of basic customs duty on lithium-ion battery imports is expected to significantly enhance the domestic battery storag...