‘We Expect Everyone Will Shift To New Tax Regime Now’

‘Nearly 10 million people will benefit from the increase in the rebate limit for those earning up to Rs 12 lakh.’‘We expect all that money will come back into the economy in either savings, consumption, or investments.’ IMAGE: People watch

Govt fixes capex at Rs 11.21 lakh cr for FY26

Having missed the target for the current financial year, Finance Minister Nirmala Sitharaman on Saturday proposed to spend Rs 11.21 lakh crore towards capital expenditure (capex) for FY26. However, the capex target is going to be missed by about 93,000

Budget 2025: More credit for farmers, 6 new schemes announced

In a significant policy shift aimed at boosting agri-productivity and rural prosperity, Finance Minister Nirmala Sitharaman on Saturday announced six new agricultural schemes while increasing the subsidised Kisan Credit Card loan limit to Rs 5 lakh from the existing Rs

Memes Galore After Budget – Rediff.com Business

As the middle class heaved a sigh of relief on getting income tax exemption in Finance Minister Nirmala Sitharaman’s 8th Budget, social media users had a field day, both before and after the exercise. Netizens broke out into a meme

Budget 2025: From Consumption to Railways — The big winners and losers

With an aim to boost consumption, Finance Minister Nirmala Sitharaman announced changes to the New Tax Regime, putting more cash in the hands of the middle class during her eighth Union Budget Speech on Saturday, February 1. Here is a

Upcoming IPO: Ken Enterprises IPO opens on February 5; issue price band set at ₹94 apiece; check GMP

Upcoming IPO: Ken Enterprises Ltd IPO will open for subscription on Wednesday, February 5, and close on Friday, February 7. Ken Enterprises IPO price band has been fixed at ₹94 per equity share of face value of ₹10 each. Bids

Sitharaman carries tablet wrapped in ‘bahi khata’ for 6th year

Finance Minister Nirmala Sitharaman on Saturday will present her eighth consecutive Budget, which she will deliver from a digital tablet enclosed in a traditional ‘bahi-khata’ style pouch. IMAGE: Finance Minister Nirmala Sitharaman holds up a digital tablet enclosed in a

India Inc earns fat profits but wages have not kept pace

Growth in corporate profits needs to be commensurate with wages to boost the economy, Economic Survey 2024-25 said, noting that sharp disparities between the two pose risk to the economy by curbing demand. The document tabled in Parliament on Friday

Long runway of growth for AMCs

Asset management companies are likely to report strong PAT growth in Q4FY24 on the back of AUM growth Although net inflows into equity mutual funds deteriorated month-on-month (M-o-M) in March 2024 to Rs 22,576 crore (excluding Hybrid), down 15 per

Venkat K Narayana: ‘Our focus is on converting lands into projects’

‘At present, the idea is to expand, consolidate, and stabilise in South India, Mumbai, Pune and grow on what we have been doing.’ Photograph: Kind courtesy Prestige Group Real estate major Prestige Group reported a sales milestone of Rs 21,040 crore

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