News for 'Budget 2025'

Why 2026 Is Crucial Year For India's Military

Why 2026 Is Crucial Year For India's Military

Rediff.com14 Jan 2026

'The tools of warfare are changing. The MoD must deepen its engagement with technology thinkers that can present compelling visions of where warfare may be heading.'

Mumbai civic poll: Phase-wise counting may delay result declaration

Mumbai civic poll: Phase-wise counting may delay result declaration

Rediff.com16 Jan 2026

Phase-wise counting of votes in Mumbai civic polls, instead of simultaneously across all 227 electoral wards as done in 2017, could delay the declaration of results when the enumeration process begins on Friday morning, civic officials said on Thursday.

ITR forms under new Income Tax Act to be notified prior to FY28: Govt

ITR forms under new Income Tax Act to be notified prior to FY28: Govt

Rediff.com8 Dec 2025

The new income tax returns (ITR) form based on the I-T Act, 2025, will be notified prior to 2027-28 fiscal year, Minister of State for Finance Pankaj Chaudhary said on Monday. The CBDT committee on simplification of ITR forms is carrying out extensive consultations with tax experts, institutional bodies, and field formations of the I-T Department, he said in a written reply in the Lok Sabha.

Parliament's Budget session to be held from Jan 31 to April 4

Parliament's Budget session to be held from Jan 31 to April 4

Rediff.com18 Jan 2025

Parliament's Budget Session will be held from January 31 to April 4, with Finance Minister Nirmala Sitharaman set to table her eighth straight budget on February 1. The session will begin with President Droupadi Murmu's address to a joint sitting of the Lok Sabha and Rajya Sabha on January 31, followed by the tabling of the economic survey. The first part of the Budget Session will have nine sittings from January 31 to February 13, after which Parliament will break for recess to examine the budget proposals. The session will reconvene on March 10 to discuss the demands for grants of various ministries and complete the budgetary process, concluding on April 4.

YOLO Spirit Ignites 2026 Travel

YOLO Spirit Ignites 2026 Travel

Rediff.com5 Jan 2026

The growing YOLO (You Only Live Once) mindset, coupled with a desire for immersive outdoor experiences, is driving demand, primarily across age groups from 20 to 45 years.

Sagarmala Finance expecting at least Rs 2K cr equity infusion from govt: MD

Sagarmala Finance expecting at least Rs 2K cr equity infusion from govt: MD

Rediff.com6 Jan 2026

India's first maritime lender, state-owned Sagarmala Finance Corporation Ltd (SMFCL) hit the ground running with a Rs 4,300 crore disbursement announcement last Tuesday, within months of being registered as a non-banking financial company (NBFC) in June 2025.

Trump's Huge Venezuela Gamble

Trump's Huge Venezuela Gamble

Rediff.com24 Jan 2026

I am inclined to believe that the Venezuela adventure is not an indication of American strength, alas, but rather of American weakness, points out Rajeev Srinivasan.

'Audiences Are No Longer Loyal To Language'

'Audiences Are No Longer Loyal To Language'

Rediff.com29 Nov 2025

'Audiences are loyal to good content.'

PM Internship Scheme Tweaks Ahead

PM Internship Scheme Tweaks Ahead

Rediff.com2 Jan 2026

The 12-month programme is expected to offer shorter internship duration in the third phase of the pilot in certain sectors such as services.

India making strong efforts to host 2036 Olympics: Modi

India making strong efforts to host 2036 Olympics: Modi

Rediff.com4 Jan 2026

Prime Minister Narendra Modi on Sunday asserted that India is preparing with full strength to host the 2036 Olympic Games.

'Govt Has Executed A Commendable Task'

'Govt Has Executed A Commendable Task'

Rediff.com5 Dec 2025

'...not merely in managing fiscal mathematics, but in demonstrating conservatism and prudence within that framework.' 'Looking forward, we believe sufficient growth drivers exist -- ranging from government reforms to revival in consumption to favourable monsoons. Numerous factors support the Indian economy.'

Net direct tax mop up grows 8% to Rs 17 lakh cr

Net direct tax mop up grows 8% to Rs 17 lakh cr

Rediff.com19 Dec 2025

Net direct tax collection grew 8 per cent to over Rs 17.04 lakh crore this fiscal till December 17 on slower refunds and higher advance taxes from corporates, the income tax department data showed on Friday.

US visa curbs, AI surge will shape Indian IT in 2026

US visa curbs, AI surge will shape Indian IT in 2026

Rediff.com23 Dec 2025

India's $280-billion IT industry heads into 2026, balancing visa-related headwinds and global trade uncertainty against its biggest-ever push into artificial intelligence and the rapid expansion of global capability centres (GCCs). Heightened scrutiny of the US H-1B visa programme - including a proposed $100,000 fee for new visas and concerns over a potential 25 per cent outsourcing tax - has complicated cross-border delivery for Indian firms, even as companies accelerate efforts to reduce reliance on onsite staffing.

'Who said I left Congress line': Tharoor clarifies stance

'Who said I left Congress line': Tharoor clarifies stance

Rediff.com5 Jan 2026

Congress leader Shashi Tharoor addresses concerns about his recent statements, asserting his alignment with the party's principles and goals.

BJP-led Mahayuti clinches 25 of 29 Maha civic bodies

BJP-led Mahayuti clinches 25 of 29 Maha civic bodies

Rediff.com17 Jan 2026

Breaking the nearly three-decade-old dominance of the undivided Shiv Sena, the Bharatiya Janata Party on Friday emerged victorious in the Brihanmumbai Municipal Corporation (BMC) elections, and also vanquished the alliance of Nationalist Congress Party factions led by Sharad Pawar and Ajit Pawar in the Pune civic body.

Can India Regain Foreign Tourists This Winter?

Can India Regain Foreign Tourists This Winter?

Rediff.com8 Dec 2025

'We expect inbound numbers in 2025 to come close to pre-pandemic levels -- if not fully match them -- by early 2026.'

Health budget up by 11%, daycare cancer centres announced

Health budget up by 11%, daycare cancer centres announced

Rediff.com1 Feb 2025

The Union health ministry has been allocated Rs 99,858.56 crore in the Budget 2025-2026, an around 11 per cent hike over the Rs 89,974.12 crore in the budget (revised estimates) of 2024-2025 with the government announcing setting up daycare cancer centres at all district hospitals over the next three years.

G RAM-G replaces MGNREGA after President's assent

G RAM-G replaces MGNREGA after President's assent

Rediff.com21 Dec 2025

President Droupadi Murmu has given her assent to the Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin) Bill, which aims to replace MGNREGA and guarantee 125 days of wage employment per rural household.

Moody's cautions about tax cut impact on Indian economy

Moody's cautions about tax cut impact on Indian economy

Rediff.com26 Nov 2025

Moody's Ratings on Tuesday said tax cuts in the current fiscal has dented India's revenue growth, leaving less scope for fiscal policy support for the economy.

2026 under spotlight: An action-packed year awaits Indian sports

2026 under spotlight: An action-packed year awaits Indian sports

Rediff.com31 Dec 2025

Lots to look forward to in Indian sports as packed 2026 calender awaits

Manager's 'stuff-up': Green to play as all-rounder in IPL 2026

Manager's 'stuff-up': Green to play as all-rounder in IPL 2026

Rediff.com14 Dec 2025

Australia all-rounder Cameron Green has confirmed that he will be fully available to bowl in the Indian Premier League's 2026 season, clarifying that his listing as a batter rather than an all-rounder ahead of Tuesday's auction was due to a "stuff-up" by his manager.

Govt to push nuclear reforms as Oppn targets SIR in winter session

Govt to push nuclear reforms as Oppn targets SIR in winter session

Rediff.com30 Nov 2025

The winter session of Parliament is set to begin with the government prioritizing its reforms agenda, including a bill to open the civil nuclear sector to private players. The opposition is expected to raise concerns about electoral roll revisions and air pollution.

Centre restarts MGNREGA in West Bengal, but conditions apply

Centre restarts MGNREGA in West Bengal, but conditions apply

Rediff.com10 Dec 2025

After a gap of more than three years, the central government has agreed to resume the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) works in West Bengal with immediate effect, but subject to mandatory adherence to stringent conditions. These include a prohibition on any work valued at more than 20 lakh, compulsory 100 per cent electronic know-your-customer (eKYC) verification of all workers, and mandatory pre-estimation field visits for all works before they are undertaken.

Budget Bonanza For Bihar!

Budget Bonanza For Bihar!

Rediff.com1 Feb 2025

With this, Prime Minister Narendra Modi has also sent a strong message to ally, Janata Dal-United President and Chief Minister Nitish Kumar, that their partnership remains intact and that they will be formidable partners at the hustings.

India logs 6-quarter high GDP growth of 8.2% in Q2

India logs 6-quarter high GDP growth of 8.2% in Q2

Rediff.com28 Nov 2025

The Indian economy recorded a six-quarter high growth of 8.2 per cent in July-September, as factories churned out more products in anticipation of a consumption boost from the GST rate cut, according to government data.

GST rate cut: Housing demand to rise during festivals, says CREDAI

GST rate cut: Housing demand to rise during festivals, says CREDAI

Rediff.com12 Sep 2025

Indian government's decision to cut GST rates on various products will increase purchasing power of consumers and boost demand for residential properties in the upcoming festive season, according to realtors' body CREDAI. The association, which has a 13,000 members from across India, said the construction cost is expected to come down because of reduction in GST rates on cement and few other building materials.

PM Internship Scheme Sees Lower Take-Up

PM Internship Scheme Sees Lower Take-Up

Rediff.com16 Dec 2025

While 28,141 applicants accepted internship in round one, in the second phase this was down to 24,638.

Budget allocation makes Census unlikely this year too

Budget allocation makes Census unlikely this year too

Rediff.com1 Feb 2025

India's decadal census is likely to be further delayed after the budget allocated only Rs 574.80 crore for the exercise, a significant reduction from previous years. The census, originally scheduled for 2021, has been postponed due to the COVID-19 pandemic, and the government has not yet announced a new schedule. The budget allocation suggests that the exercise may not be carried out even after the delay. The upcoming census will be the first digital census, allowing citizens to self-enumerate using a dedicated portal. The exercise will be made compulsory for citizens who wish to self-enumerate, and Aadhaar or mobile numbers will be required. The census will include questions on household demographics, amenities, and economic status.

Budget focuses on domestic consumption amid global uncertainties

Budget focuses on domestic consumption amid global uncertainties

Rediff.com4 Feb 2025

The Budget 2025-26 meets the expectations of fiscal consolidation, maintaining capital expenditure, and boosting consumption through tax cuts.

'Budget Is Good From Inflation Perspective'

'Budget Is Good From Inflation Perspective'

Rediff.com11 Feb 2025

'The finance minister has done as much as she can when you look into the fiscal constraints she had.'

Why steel tycoon Lakshmi Mittal is leaving UK

Why steel tycoon Lakshmi Mittal is leaving UK

Rediff.com23 Nov 2025

Indian-origin steel magnate Lakshmi N Mittal, until now based in Britain and a regular on the country's richest billionaires tally, has decided to quit the UK as the Labour Party-led government's feared tax shake-up for the super-rich nears, according to a UK media report on Sunday.

Weaker Rupee: Plan Overseas Goals

Weaker Rupee: Plan Overseas Goals

Rediff.com26 Dec 2025

Investors must account for currency depreciation in their financial plans and use instruments that can cushion the erosion in purchasing power.

LS clears Insurance Amendment Bill to allow 100% FDI in insurance sector

LS clears Insurance Amendment Bill to allow 100% FDI in insurance sector

Rediff.com17 Dec 2025

Finance Minister Nirmala Sitharaman on Tuesday said that raising the FDI limit to 100 per cent in the insurance sector will help attract more capital, improve competition and increase insurance penetration by making policies more affordable.

Tier-II, -III mkts make 62% of new health insurance policies

Tier-II, -III mkts make 62% of new health insurance policies

Rediff.com12 Dec 2025

Tier-II, Tier-III, and rural regions accounted for 62 per cent of all new health insurance policies sold by insurers so far in 2025-26 (FY26), according to a Policybazaar report. These regions are also witnessing a rise in the sum assured opted by customers.

The Regret About This Budget Is...

The Regret About This Budget Is...

Rediff.com3 Feb 2025

'... that it once again shies away from renewing its commitment to strategic divestment,' points out A K Bhattacharya.

Affordable homes no longer attractive to investors

Affordable homes no longer attractive to investors

Rediff.com27 Nov 2025

Affordable homes, priced under Rs 40 lakh per unit, may not be attractive anymore, not just for developers but also for investors, with the segment seeing a 26 per cent price rise over three years since 2022 versus 40 per cent returns from luxury homes priced Rs 1.5 crore and above.

Budget allocates Rs 3,481 cr to wipe out Maoist menace

Budget allocates Rs 3,481 cr to wipe out Maoist menace

Rediff.com1 Feb 2025

The Union Budget 2025-26 has allocated Rs 3,481.27 crore for security-related expenditure (SRE) and the Special Infrastructure Scheme for Left Wing Extremist (LWE) areas. The BJP-led Centre has set a target of March 2026 to end the Maoists menace in the country. The allocation is considered significant in the wake of Union Home Minister Amit Shah's repeated statements that the Narendra Modi government has resolved to end Naxalism in the country by March 2026. This year, till January-end, 40 Naxalites have been killed in separate gunfights in the worst Naxal-hit state of Chhattisgarh. Last year, 219 Naxalites were neutralized by security forces in separate encounters in Chhattisgarh. Six Maoists were killed in Odisha in 2024, while eight were arrested and 24 had surrendered. According to the home ministry's data, 48 Naxals have so far been killed this year in all Naxal-affected states, 290 were killed in 2024 and 50 in 2023. The government has also established 290 camps of security forces in Naxal-affected areas since 2019 and 88 more are proposed to be set up in 2025.

Will Siddaramaiah survive the Shivakumar challenge?

Will Siddaramaiah survive the Shivakumar challenge?

Rediff.com21 Nov 2025

Karnataka Deputy Chief Minister D K Shivakumar wished Chief Minister Siddaramaiah 'all the best' after he said that he would complete a five year term in office. Shivakumar also commented on the ongoing cabinet reshuffle and MLAs meeting with leaders in Delhi.

'We are clear, we want to go with an Indian captain'

'We are clear, we want to go with an Indian captain'

Rediff.com28 Nov 2025

He said one of the things the team lacked last season or in the last cycle was some explosiveness at the bottom order.

12 states to spend Rs 1.68L cr on women's cash schemes

12 states to spend Rs 1.68L cr on women's cash schemes

Rediff.com5 Nov 2025

A new report indicates that increasing unconditional cash transfer schemes for women across 12 Indian states are impacting their fiscal health, with six states projecting revenue deficits.