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Daily Archives: February 1, 2025

5 Income Income Tax Relief Measures Announced in Budget 2025 by Nirmala Sitharaman

5 Income Income Tax Relief Measures Announced in Budget 2025 by Nirmala Sitharaman

In the Union Budget 2025, Finance Minister Nirmala Sitharaman announced several income tax relief measures to benefit taxpayers. These changes aim to reduce the tax burden, simplify filing procedures and encourage savings. The government has raised tax slabs, increased the exemption limit and introduced benefits for small businesses. These steps are expected to boost disposable …

BRICS Summit in Rio Amid U.S. Tariff Threats

India to Host BRICS Youth Entrepreneurship Meet in March 2025

India is set to host the BRICS Youth Council Entrepreneurship Working Group Meeting from March 3 to 7, 2025, under the Ministry of Youth Affairs and Sports. This event, themed “Youth Entrepreneurship for Sustainable Growth,” will bring together around 45 youth representatives from BRICS nations—Brazil, Russia, India, China, and South Africa—to strengthen cooperation in entrepreneurship …

Budget 2025 Prioritizes Healthcare with ₹98,311 Cr Allocation

Budget 2025 Prioritizes Healthcare with ₹98,311 Cr Allocation

Finance Minister Nirmala Sitharaman presented the Union Budget 2025, emphasizing healthcare development, medical tourism, and improved access to medical services. The government allocated ₹98,311 crore for the healthcare sector, marking an increase from ₹90,658.63 crore in the previous fiscal year. Key announcements included customs duty exemptions on life-saving drugs, expansion of medical education, cancer care …

Union Budget How much Centre Allocates for Defense

Union Budget: How much Centre Allocates for Defense?

The Union Budget for FY2025-26 has allocated ₹6.8 lakh crore for India’s defence sector, marking a significant increase from previous years. This budget prioritizes military modernization, domestic procurement, and operational readiness. The defence outlay includes ₹1.8 lakh crore for acquiring new weapons, systems, and equipment, with a strong emphasis on indigenous manufacturing to achieve self-reliance …

India's Union Budget: Interesting facts and history you should know about

India’s Union Budget: Interesting facts and history you should know about

The Union Budget of India is the government’s annual financial plan. It shows how money will be earned and spent for the country’s development. First introduced in 1860, it has evolved over time, with key changes like the digital budget and the merging of the railway budget. Presented every year on February 1, it plays …

Budget 2025 What’s Cheaper and What’s Costlier

Budget 2025: What’s Cheaper and What’s Costlier?

The Union Budget for 2025, presented by Finance Minister Nirmala Sitharaman, introduced several changes in customs duties, impacting various sectors. The key focus was on reducing the cost of life-saving medicines, minerals, and goods related to EVs and textiles, while also increasing the customs duty on specific tech products. Let’s look at what items became …

Income Tax Budget 2025 No income tax for upto ₹12 lakh in new tax regime

Income Tax Budget 2025: No income tax for upto ₹12 lakh in new tax regime

In the Union Budget 2025, Finance Minister Nirmala Sitharaman introduced significant changes to the income tax system aimed at providing relief to the middle class and boosting economic growth. These changes are expected to increase disposable income, enhance consumer spending, and contribute to India’s economic development, with particular focus on simplifying the tax structure and …

Nirmala Sitharaman Set to Make History with Her 8th Budget Today

Nirmala Sitharaman Set to Make History with Her 8th Budget Today

Union Finance Minister Nirmala Sitharaman has set a new record by presenting her 8th consecutive Union Budget on February 01, 2025. This is the highest number of back-to-back budget presentations by any finance minister in India’s history. The Budget for the financial year 2025-26 is also the first under the Modi 3.0 government, marking another …

BCCI Awards 2024: Honoring Cricket Legends and Rising Stars

BCCI Annual Awards 2025: Honoring Legends and Rising Stars

The Board of Control for Cricket in India (BCCI) held its Annual Awards ceremony for 2025, celebrating outstanding contributions to Indian cricket. The event highlighted both the enduring legacy of cricketing icons and the remarkable performances of current players. BCCI Awards 2025 winners list Col. C. K. Nayudu Lifetime Achievement Award – Men: Sachin Tendulkar Polly …