Union Budget News
FinMin’s first review meeting with PSB heads post-Union Budget deferred to March 5
The finance ministry had said in an earlier statement that PSBs’ better asset quality is visible from a significantly low net NPA ratio of 0.59 per cent (aggregate net NPA outstanding of ₹61,252 crore).
1 min read25 Feb 2025We can’t expect budget tax cuts to boost GDP growth all that much
Tax-cut beneficiaries are a small group with a lower than average propensity to use extra income for consumption, while fiscal spending will slow down. The net effect on India’s economic growth would be tiny.
4 min read17 Feb 2025‘Making budget more difficult than before; govt to use 99% borrowings in FY26 for capex’: FM Sitharaman
FM Sitharaman said the effective capital expenditure in FY’26 is ₹15.48 lakh crore, which is 4.3 per cent of GDP. The fiscal deficit target is 4.4 per cent of the GDP for next fiscal.
2 min read11 Feb 2025RBI starts deliberations on interest rate amid expectations of 25-bps cut
RBI starts deliberations on interest rate amid expectations of 25-bps cut
3 min read5 Feb 2025NDA govt has left more money in the hands of middle class by lowering income tax: PM Modi
The Union budget presented on 1 February made income up to ₹12 lakh tax-free, up from ₹7 lakh earlier. Factoring in the standard deduction of ₹75,000 for the salaried class, an income up to ₹12.75 lakh will be tax-free.
2 min read4 Feb 2025Capital goods stocks rebound after 2-day slide, still well below recent highs
Capital goods stocks rallied 3.29% on February 4, following a downturn after the Union Budget 2025. Despite this, the index remains down 8.71% year-to-date, with concerns over slower capex allocations impacting market sentiment.
3 min read4 Feb 2025Invested in debt mutual funds? Here’s how you can save tax after Budget 2025.
Debt mutual funds bought after April 2023 fall under Section 50AA and are eligible for tax rebates, but units bought before that don’t qualify.
4 min read4 Feb 2025All income groups got a little something from the Budget
The Budget 2025 brings major tax relief for the middle class, making the new tax regime more attractive. From higher exemptions to simplified compliance, the reforms aim to boost savings, investment, and spending.
4 min read4 Feb 2025Income tax cut unlikely to translate into higher auto sales, says Nomura. Here’s why
While the 2025 Union Budget’s tax relief is expected to aid sectors like automobiles, Nomura cautions that the benefits might be limited, as 60% of tax filers do not pay taxes. Rural demand and capital expenditure are projected to positively influence vehicle sales.
3 min read4 Feb 2025Tax changes in budget will increase bank deposits by ₹40,000-45,000 crore: DFS secretary M Nagaraju
Union Budget 2025 proposed an increase in the income tax exemption limit to ₹12 lakh and an increase in the TDS threshold on interest from fixed deposits for general (non-senior) citizens from ₹40,000 to ₹50,000 per financial year.
1 min read3 Feb 2025Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared