Business

February 2, 2025 7:05 PM February 2, 2025 7:05 PM

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Over 90% taxpayers may embrace new regime with new slabs: CBDT Chairman

The Budget announcement of zero tax for earnings up to 12 lakh rupees per annum and the rejig of tax slabs across the board should prompt more than 90 per cent of individual taxpayers to embrace the new tax regime, said CBDT Chairman Ravi Agrawal. In a post-Budget interview to a news agency today, h...

February 2, 2025 2:04 PM February 2, 2025 2:04 PM

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GST revenue records 1.95 lakh crore rupee collection in January

Over 1.95 lakh crore rupees in Gross Goods and Services Tax revenue was collected in month of January 2025, witnessing a growth of 12.3 per cent compared to January 2024. The Central GST collection for the month stood at 36 thousand 77 crore rupees and State GST is at 44,942 crore rupees. The Integr...

February 2, 2025 12:41 PM February 2, 2025 12:41 PM

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Finance Minister on Budget 2025 says there is no reduction in public spending on capital expenditure

Finance Minister Nirmala Sitharaman has said that the Union Budget focuses on agriculture, rural prosperity, urban development, and continues to lay emphasis on reforms. Addressing the media in New Delhi yesterday, the Finance Minister said that the Budget says several things about India's path towa...

February 2, 2025 8:54 AM February 2, 2025 8:54 AM

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Industry experts, economists, and common people hail Union Budget 2025

The Union Budget 2025-26, presented by Finance Minister Nirmala Sitharaman, has received a positive response across various sectors, with businesses, industry experts, economists, and the common people praising the government's proposals for tax relief to middle class, fostering innovation, and prom...

February 1, 2025 9:02 PM February 1, 2025 9:02 PM

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Industry leaders welcome Union Budget 2025

The gems and jewellery industry has welcomed the government's move to reduce the basic customs duty on platinum findings and slashing jewellery duty in the Union Budget 2025-26.         Gem and Jewellery Export Promotion Council (GJEPC) chairman Vipul Shah said the council supports new tariff items ...

February 1, 2025 4:10 PM February 1, 2025 4:10 PM

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Special Budget Session 2025: Sensex ends flat, Nifty closes marginally down

In the Indian stock market, Sensex ended flat while Nifty closed marginally down in the special trading session for the Union Budget today.   The 30-share index at the Bombay Stock Exchange, Sensex, rose slightly by five points, to close at 77,506. Conversely, the National Stock Exchange Nifty-...

February 1, 2025 2:23 PM February 1, 2025 2:23 PM

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Sensex Gains 55 Points, Nifty Dips Marginally as Markets Trade Mixed

Benchmark domestic equity indices, Sensex and Nifty, were trading mixed in the afternoon trade today. The 30-share BSE Sensex added 55 points, to 77,556, while NSE Nifty50 was marginally down by six points, to 23,502, when reports last came in.   The broader market at the Bombay Stock Exchange was a...

February 1, 2025 12:06 PM February 1, 2025 12:06 PM

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Sensex-Nifty Rise as Finance Minister Presents Union Budget 2025-26

Benchmark domestic equity indices, Sensex and Nifty, were trading higher as Finance Minister Nirmala Sitharaman is presenting the Budget 2025-26 in Lok Sabha. The 30-share BSE Sensex gained 302 points, almost 0.4 percent, to 77,803, and the NSE Nifty50 added 100 points, almost 0.43 percent, to 23,60...

February 1, 2025 10:54 AM February 1, 2025 10:54 AM

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BSE & NSE Open for Trading on Union Budget Day; Markets See Positive Start

The Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) are open for trading today, on account of the presentation of the Union Budget 2025-26 by Finance Minister Nirmala Sitharaman in the Lok Sabha. This is only the third instance when the stock market has remained open on a Saturday for ...

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