BUSINESS - Page 12

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...

India Makes a Major Investment in AI with Rs 500 Crore for Three Centres of Excellence
BUSINESS

India Makes a Major Investment in AI with Rs 500 Crore for Three Centres of Excellence

New Delhi, Feb 1 (NationPress) In line with India's vision to be a global leader in artificial intelligence (AI), Finance Minister Ni...

Budget 2025-26: FM Sitharaman Unveils Measures to Enhance Exports
BUSINESS

Budget 2025-26: FM Sitharaman Unveils Measures to Enhance Exports

On February 1, Finance Minister Nirmala Sitharaman announced the launch of an Export Promotion Mission to enhance exports in the face of geo...

Budget 2025-26: UDAN Scheme to Introduce 120 New Air Destinations
BUSINESS

Budget 2025-26: UDAN Scheme to Introduce 120 New Air Destinations

New Delhi, Feb 1 (NationPress) Union Finance Minister Nirmala Sitharaman unveiled a revamped UDAN (Uday Desh Ka Aam Nagrik) sc...

Union Budget: Major Initiatives for 1 Crore MSMEs and 1.59 Lakh Startups
BUSINESS

Union Budget: Major Initiatives for 1 Crore MSMEs and 1.59 Lakh Startups

Union Finance Minister Nirmala Sitharaman announced essential measures on February 1 to support over 1 crore MSMEs, employing 7.5 crore indi...

₹25,000 Crore Maritime Fund to Enhance Shipbuilding in Budget 2025-26
BUSINESS

₹25,000 Crore Maritime Fund to Enhance Shipbuilding in Budget 2025-26

Finance Minister Nirmala Sitharaman has proposed the establishment of a ₹25,000 crore Maritime Development Fund in the Budget for 2025-26, a...

Comparing Old and New Tax Regimes: Key Changes for the Middle Class in Budget 2025-26
BUSINESS

Comparing Old and New Tax Regimes: Key Changes for the Middle Class in Budget 2025-26

In a significant move, Finance Minister Nirmala Sitharaman has unveiled updated tax slabs under the New Tax regime in the Union Budget 2025-...

FM Sitharaman Reduces Fiscal Deficit to 4.4% of GDP
BUSINESS

FM Sitharaman Reduces Fiscal Deficit to 4.4% of GDP

Finance Minister Nirmala Sitharaman introduced the 2025-26 Budget, focusing on employment-led growth by emphasizing agriculture, MSMEs, and...

Income Tax Relief for Middle Class: Earnings up to Rs 12 Lakh Tax-Free
BUSINESS

Income Tax Relief for Middle Class: Earnings up to Rs 12 Lakh Tax-Free

New Delhi, Feb 1 (NationPress) In a significant relief for the Indian middle class, Finance Minister Nirmala Sitharaman announced no income...

National Manufacturing Mission: A Catalyst for 'Make in India'
BUSINESS

National Manufacturing Mission: A Catalyst for 'Make in India'

On February 1, Finance Minister Nirmala Sitharaman introduced the National Manufacturing Mission as part of the Union Budget 2025-26 to enha...