News for 'Budget 2025'

Cong moves privilege notice against Amit Shah over Sonia statement

Cong moves privilege notice against Amit Shah over Sonia statement

Rediff.com26 Mar 2025

In his notice to the chairman of the Rajya Sabha, the Congress leader alleged that the home minister had made unfounded allegations against chairperson of Congress parliamentary party with "a premeditated motive to malign her reputation."

MHA gets Rs 2.33 lakh crore, bulk of funds for security

MHA gets Rs 2.33 lakh crore, bulk of funds for security

Rediff.com1 Feb 2025

The Union Budget 2025-26 on Saturday allocated Rs 2,33,210.68 crore to the Ministry of Home Affairs with the majority of the fund -- Rs 1,60,391.06 crore -- being given to central police forces like Central Reserve Police Force (CRPF), Border Security Force (BSF) and Central Industrial Security Force (CISF) which are responsible for internal security, border guarding and security of vital installations.

Went too far: Musk says he 'regrets' his posts about Trump

Went too far: Musk says he 'regrets' his posts about Trump

Rediff.com11 Jun 2025

Trump made it clear he had no plans to speak with Musk anytime soon, stating, "I'm too busy doing other things," and added, "I have no intention of speaking to him," NBC News reported.

Govt to operationalise Rs 1-trillion innovation fund in next 3 months

Govt to operationalise Rs 1-trillion innovation fund in next 3 months

Rediff.com29 May 2025

The Rs 1-trillion Research Development and Innovation (RDI) fund, which was announced in the July budget for FY25, of which Rs 20,000 crore has already been allocated, will be operationalised in the next two to three months, a top official said.

Nirmala Sitharman set to make history with 7th consecutive Budget

Nirmala Sitharman set to make history with 7th consecutive Budget

Rediff.com21 Jul 2024

Finance Minister Nirmala Sitharaman is set to create history when she presents her seventh straight Budget on Tuesday for the fiscal 2024-25, surpassing the record of former prime minister Morarji Desai. Sitharaman, who will turn 65 next month, was in 2019 appointed as India's first full-time woman finance minister when Prime Minister Narendra Modi won a decisive second term.

All conditions met: IMF defends $1 billion loan to Pakistan

All conditions met: IMF defends $1 billion loan to Pakistan

Rediff.com23 May 2025

The International Monetary Fund (IMF) has said its executive board granted $1 billion in assistance to Pakistan this month after finding out that the country met all conditions and targets for it.

Trump pulls NASA nominee Issacman days after Musk's White House exit

Trump pulls NASA nominee Issacman days after Musk's White House exit

Rediff.com1 Jun 2025

Isaacman's removal comes just days after Elon Musk's official departure from the White House, where the SpaceX CEO was serving in the role of a "special government employee" leading the Department of Government Efficiency.

5% Reduction in Tax Can Stimulate Spending

5% Reduction in Tax Can Stimulate Spending

Rediff.com31 Jan 2025

While this will incur a revenue loss amounting to 0.2 per cent of GDP, it will provide a strong boost to consumer sentiment and spending, points out Rajani Sinha.

Budget & Tax: Experts Will Answer Your Questions Here

Budget & Tax: Experts Will Answer Your Questions Here

Rediff.com24 Jul 2024

How does the Union Budget 2024-25 impact taxpayers, investors and traders?

Karnataka govt tables bill for Muslim quota in public contracts

Karnataka govt tables bill for Muslim quota in public contracts

Rediff.com18 Mar 2025

The Karnataka government has tabled a Bill in the Legislative Assembly to introduce a 4 per cent reservation for Muslims in public contracts. The Bill aims to address unemployment among backward classes and promote their participation in government construction projects. The BJP has called the move an "unconstitutional misadventure" and vowed to oppose it.

'Scope for a further rate cut in this cycle itself, if...'

'Scope for a further rate cut in this cycle itself, if...'

Rediff.com4 Jul 2025

'India has the potential to grow at more than 7%, with the monetary policy providing a supportive hand.'

Sitharaman carries tablet wrapped in 'bahi khata' for 6th year

Sitharaman carries tablet wrapped in 'bahi khata' for 6th year

Rediff.com1 Feb 2025

Sitharaman, India's first full-time woman Finance Minister, broke away from the colonial tradition of carrying a Budget briefcase in July 2019, opting instead for a traditional 'bahi-khata', to carry the Union Budget papers.

Budget Eases TDS, TCS For Salaried Class

Budget Eases TDS, TCS For Salaried Class

Rediff.com6 Aug 2024

'Earlier there was no provision for considering TCS collected from the taxpayer for overall tax computation.' 'Now, credit will be given by the employer for TCS already collected to consider net tax to be deductible.'

Key numbers to watch out for in Sitharaman's 7th Budget

Key numbers to watch out for in Sitharaman's 7th Budget

Rediff.com23 Jul 2024

All eyes will be on whether Sitharaman provides the much-expected tax relief for the middle class, leaving more money in their hands, as there is tax buoyancy

Ajit Pawar ticks off Nitesh Rane: No communal rift, please!

Ajit Pawar ticks off Nitesh Rane: No communal rift, please!

Rediff.com12 Mar 2025

Maharashtra Deputy Chief Minister Ajit Pawar has criticized his cabinet colleague, Nitesh Rane, for making "misleading" statements about Muslims not being part of Chhatrapati Shivaji Maharaj's army. Pawar, who heads the Nationalist Congress Party, called for restraint from political leaders and stressed the importance of maintaining communal harmony in the state. He emphasized that Shivaji Maharaj never discriminated based on caste or creed and highlighted the contributions of Muslims during his reign.

Armed With Just A Laptop, This Teen Founded Skillzo

Armed With Just A Laptop, This Teen Founded Skillzo

Rediff.com23 Jul 2025

Adarsh Kumar, the son of a farmer and a Class 12 student from rural Bihar, is on a mission to build one of India's largest free skill development movements, powered only with a laptop, free Internet and his relentless determination.

Can Zohran Mamdani Be New York Mayor?

Can Zohran Mamdani Be New York Mayor?

Rediff.com25 Jun 2025

Zohram Kwame Mamdani would be the city's first Muslim and Indian American mayor if elected New York mayor this November.

'Pakistan Could Be Planning Something Against India'

'Pakistan Could Be Planning Something Against India'

Rediff.com11 Aug 2025

'We need to be very vigilant as we are passing through some fraught times.'

'India Can Convert Tariffs Into Win-Win Situation'

'India Can Convert Tariffs Into Win-Win Situation'

Rediff.com11 Aug 2025

'It's important for India to think about areas where it wants the US to move.' 'We can be far more innovative in what we ask the US.' 'Given that there's a package deal, why not do it?'

'Govt Unsure How To Fire Economy Upwards'

'Govt Unsure How To Fire Economy Upwards'

Rediff.com6 Feb 2025

'I am optimistic about the Budget because of the fiscal discipline the government has committed to.'

IMF imposes 11 new conditions on Pak, warns against tensions with India

IMF imposes 11 new conditions on Pak, warns against tensions with India

Rediff.com18 May 2025

The International Monetary Fund (IMF) has slapped 11 new conditions on Pakistan for the release of the next tranche of its bailout programme and warned that tensions with India could heighten risks to the scheme's fiscal, external, and reform goals, according to a media report on Sunday.

Govt unveils Rs 2 trillion dose for jobs, R&D, innovation, growth push

Govt unveils Rs 2 trillion dose for jobs, R&D, innovation, growth push

Rediff.com2 Jul 2025

In a double-dose bid to boost growth and employment prospects, the Union Cabinet on Tuesday approved a Rs 2.07 trillion outlay for a research development and innovation (RDI) Scheme to fund private sector innovations, and an employment-linked incentive (ELI) to create over 35 million new jobs over the next two years.

'We're Winning The War Against Terrorism'

'We're Winning The War Against Terrorism'

Rediff.com30 May 2025

'We've moved from thousands killed yearly in Jammu and Kashmir to 127 last year.' 'Cross-border terrorism in Kashmir is being solved. We are winning it.'

Vijay's Political Challenge Begins Now

Vijay's Political Challenge Begins Now

Rediff.com22 Aug 2025

Vijay, with his chief ministerial ambitions, is a one-man army, at least as of now, and his campaign team considers him omnipresent. He has to be present in all districts, if not all constituencies at the same time, as there is no second-line leader or platform speaker in the party, who can draw crowds, points out N Sathiya Moorthy.

Wanted: A Safe Seat For Superstar Vijay

Wanted: A Safe Seat For Superstar Vijay

Rediff.com8 Aug 2025

This is important because he is to be seen as a sure winner before criss-crossing the state to campaign for candidates of the party or an alliance, highlights N Sathiya Moorthy.

Tamil Nadu presents separate agricultural budget

Tamil Nadu presents separate agricultural budget

Rediff.com20 Feb 2024

In his budget speech, the minister said the indiscriminate use of chemical fertilisers, herbicides, and pesticides, has led to a decline in overall soil fertility.

Mamata Ready To Take On BJP For 2026

Mamata Ready To Take On BJP For 2026

Rediff.com27 Feb 2025

The TMC-led West Bengal government has already started laying the groundwork for the election, setting the tone with the recent Bengal Global Business Summit and the state Budget.

Will Shashi Tharoor Quit Congress?

Will Shashi Tharoor Quit Congress?

Rediff.com26 Jun 2025

Sources close to the top BJP leadership tell me that Tharoor has already had secret meetings with the BJP's top brass and is waiting patiently to make his next move, reports Ramesh Menon.

Questions on pacts with insurgents in northeast 'removed': Manipur MP

Questions on pacts with insurgents in northeast 'removed': Manipur MP

Rediff.com14 Mar 2025

Manipur MP A Bimol Akoijam has alleged that his questions about agreements the government has signed with insurgent groups in the northeastern states were removed from the list of starred questions scheduled for March 11, 2025. Akoijam, a Congress leader, claims this is a "serious infringement" on his rights as an elected Member of Parliament and undermines his legislative oversight function. He says he has met with the Speaker and the Minister of Parliamentary Affairs to raise the issue.

Dhoni defies age: To play IPL 2025 as uncapped player

Dhoni defies age: To play IPL 2025 as uncapped player

Rediff.com31 Oct 2024

Dhoni's fans can now look forward to seeing him captivate the crowd at Chennai's MA Chidambaram Stadium.

Net direct tax kitty rises 13% to Rs 21.26 lakh crore till Mar 16

Net direct tax kitty rises 13% to Rs 21.26 lakh crore till Mar 16

Rediff.com17 Mar 2025

Net direct tax collection grew 13.13 per cent to over Rs 21.26 lakh crore so far this fiscal aided by by higher advance tax mop up, government data showed on Monday. During the year, the government collected Rs 10.44 lakh crore from four instalments of advance tax as against Rs 9.11 lakh crore in the previous fiscal, registering a growth of 14.62 per cent.

Epstein files, Impeachment: Trump-Musk feud gets nastier

Epstein files, Impeachment: Trump-Musk feud gets nastier

Rediff.com6 Jun 2025

The feud reached its peak when Musk made explosive allegations about Trump's connection to disgraced financier Jeffrey Epstein, marking a dramatic escalation in their increasingly personal conflict.

Will money in hand from tax breaks spur housing demand?

Will money in hand from tax breaks spur housing demand?

Rediff.com21 Apr 2025

Real estate developers are hoping that the slew of tax concessions announced in Union Budget 2025, set to take effect this financial year, will spur demand for affordable and mid-segment housing, even as the broader housing market shows signs of fatigue.

How Kerala Aims to Be India's First Poverty Free State

How Kerala Aims to Be India's First Poverty Free State

Rediff.com14 Jul 2025

Despite facing financial constraints, Kerala has been able to invest in welfare schemes and targeted programmes.

'No Politics When It Comes To The Country's Finances'

'No Politics When It Comes To The Country's Finances'

Rediff.com2 Apr 2025

'Each state is unique, but when it comes to finance, the fundamentals cannot be different.'

Want To Invest In ELSS? Read This

Want To Invest In ELSS? Read This

Rediff.com6 Feb 2025

ELSS investments require a long-term commitment of at least seven years.

Dhankhar's Exit: Why RSS Won't Rock Modi's Boat

Dhankhar's Exit: Why RSS Won't Rock Modi's Boat

Rediff.com30 Jul 2025

'Modi's charisma may have weakened as last year's Lok Sabha poll results showed but in the eyes of the Sangh Parivar, it has not waned.' 'Minus a strong BJP government at the Centre for another decade and more, there is apprehension that an anti-Hindutva government could reverse many of the ideological gains that the Modi dispensation has achieved through its three terms,' points out N Sathiya Moorthy.

Space Industry Thrilled With FM Plans

Space Industry Thrilled With FM Plans

Rediff.com1 Feb 2025

'The scrapping of import duty would help Indian companies compete in international markets, thus paving the way for India becoming a space manufacturing hub for the world.'

Will You Get Such An Increment This Year?

Will You Get Such An Increment This Year?

Rediff.com7 Apr 2025

The revised salaries of MPs are significantly lower than the salaries drawn by top bureaucrats in the country.

RBI may cut interest rate by 25 bps on Feb 7

RBI may cut interest rate by 25 bps on Feb 7

Rediff.com3 Feb 2025

The RBI is likely to reduce the key interest rate by 25 basis points this week after keeping it on hold for two years, complementing the Union Budget initiatives to push consumption-led demand, though the sliding rupee continues to be a concern. As the retail inflation has remained within the Reserve Bank's comfort zone (less than 6 per cent) for most of the year, the central bank can take rate action to boost growth hit by sluggish consumption, opined experts.