Budget 2025-26 delivers a carefully calibrated strategy-stimulating demand and investment while keeping fiscal discipline intact. In an environment marked by global trade disruptions, and a softening in urban consumption, Finance Minister Nirmala Sitharaman has taken a measured approach.
'From the Indian perspective, young customers with more disposable income will also drive the growth.'
A term plan's premium is lower than that of a wholelife plan.
The Adani group has said it will have a capital expenditure of Rs 1.1 trillion in 2025-26 as against this financial year's Rs 92,000 crore, with a focus on core energy and infrastructure. Expenditure will be financed through an internal cash generation of Rs 60,000 crore, and the rest will be raised via equity and debt, according to senior officials.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
The central government's fiscal deficit during 2023-24 at 5.6 per cent of the GDP was better than previous estimates of 5.8 per cent on account of higher revenue realisation and lower expenditure, according to official data released on Friday. In actual terms, the fiscal deficit -- or gap between expenditure and revenue -- was Rs 16.53 lakh crore, or 5.63 per cent of the GDP, which grew 8.2 per cent in 2023-24.
The CCS approved the proposal to buy 156 LCH 'Prachand' worth over Rs 62,500 crore from HAL, Defence Minister Rajnath Singh said.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
Some instruments help you perform the dual task of tax saving and retirement planning. Pick ones with the longest lock-in period
The value of contracts awarded by the MoD in 2024-2025 is the highest ever and double the previous record set in 2023-2024.
Equity-linked savings scheme, PPF and Sukanya Samriddhi Yojana are recommended instruments.
Did you know that an individual can, in addition to the tax benefits she/he is entitled to, also leverage the benefits available to family members to reduce this liability?
Do you have financial planning queries? Ask rediffGURU Anil Rego.
With days to go before the new tax regime around crypto assets kicks in, several investors are reportedly either booking profits, rejigging their portfolios or moving their crypto assets to their private wallets outside of India. Starting April, gains from trading in crypto and other virtual assets like non-fungible tokens (NFTs) will be taxed at a flat 30 per cent, as announced in the Union Budget. And, 1 per cent of tax will be deducted at source (TDS) on every transaction involving crypto and other virtual assets. The new tax regime also bars investors from offsetting losses from one crypto asset (such as Bitcoin) against gains from another (say, Ethereum).
Invest in these funds through the SIP route with at least a seven-year horizon.
Isn't the goal of retirement planning to create a balanced portfolio that aligns with your financial goals, rather than chasing returns blindly, asks Ramalingam Kalirajan
The "weaponisation" of economic activity - through tariffs and sanctions - is now a reality, with countries leveraging these tools strategically, External Affairs Minister S Jaishankar said at the Raisina Dialogue recently.
'There is no linkage as far as the Indian power-generating business is concerned.'
While the capital spending is being maintained at 3.1 per cent of the GDP, a little more would have boosted economic growth even further, suggests Rajiv Memani.
Having observed variations in capital gains tax computation, the revenue department is working on a mechanism to analyse futures and options (F&O) trade data and pre-initial public offering (IPO) transactions. "The directorate of I-T systems is working on certain risk-assessment parameters to access the data, which could be on the basis of buying and selling prices of shares in F&Os, variations in margins, fair market value versus IPO prices, etc. "The idea is to segregate and process the voluminous data on equity derivatives for effective use," said a senior government official privy to the plan.
The commerce department has reaffirmed its plans to launch the 'Trade Connect' e-platform to help exporters connect with stakeholders of international trade, as a part of the new government's 100-day action plan, a senior government official said.
The bank made a Rs 67 crore net profit, up 21% from the previous year. Its deposits grew 8%, the loan book 10%. Net bad loans dropped from 7.53% to 6.07%. So why was the banker, who headed the bank, not promoted?
...to fund the revenue gap. Of the gross market borrowing of Rs 14.13 trillion estimated for FY25, Rs 7.5 trillion, or 53 per cent, is planned to be borrowed in the first half.
Gandhi said he was "waiting with open arms".
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
Trump made these remarks after Elon Musk-led DOGE's (Department of Government Efficiency) disclosed that USAID contributed USD 21 million to Election Commission for boosting voter turnout.
'So, they have taken away the word Waqf from the Bill.' 'It will now be known as the UMEED Act.'
While India has become the largest data generating nation, and hosts more than 152 data centres, it is fed by only 18 undersea cables.
The income tax department on Wednesday conducted a survey operation at Hinduja Global Solutions, an entity of the Hinduja Group, in Mumbai and some other cities, official sources said.
Do you know what tax-loss harvesting is? Does it help you save tax? Financial planning expert P V Subramanyam offers all the answers.
'As negotiations continue, the path forward demands not only diplomatic skill, but also vigilance against legal asymmetries embedded in America's trade playbook.'
'Each state is unique, but when it comes to finance, the fundamentals cannot be different.'
'The government has to explain (to the army, air force and navy chiefs) whether they want a punitive strike, a deep punitive strike, or whether they want limited war or an all-out war, will it be a circumscribed war or will it be a shallow attack along the border.'
Isn't there something significant in the UPI example for all of us to learn from and execute to enable world-scale success for our startups?, asks Ajit Balakrishnan.
Tahawwur Hussain Rana, a key accused in the 26/11 Mumbai terror attacks, was brought to India on Thursday after being "successfully extradited " from the US, the National Investigation Agency (NIA) said. The 64-year-old Canadian citizen of Pakistani origin landed in Delhi in a special plane on Thursday evening, ending days of speculation of when and how he will be extradited, officials said. The NIA said in a statement that it had secured the successful extradition after years of sustained and concerted efforts to bring to justice the key conspirator behind the 2008 mayhem that claimed 166 lives. Rana is accused of conspiring with David Coleman Headley alias Daood Gilani, and operatives of designated terrorist organisations Lashkar-e-Taiba (LeT) and Harkat-ul-Jihadi Islami (HUJI) along with other Pakistan-based co-conspirators, to carry out the the three-day terror siege of India's financial capital.
Tahawwur Rana, accused of involvement in the 2008 Mumbai terror attacks, is expected to be extradited to India from the United States soon. The US Supreme Court denied his last-ditch effort to stop his extradition, moving him closer to being handed over to Indian authorities. Rana's extradition is expected to help probe agencies expose the role of Pakistani state actors behind the attacks and shed new light on the investigation. He is associated with Pakistani-American terrorist David Coleman Headley, one of the main conspirators of the 26/11 attacks.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
Following the lacklustre growth numbers in the second quarter (Q2FY25), economists believe the upcoming Union Budget for 2025-26 should focus on reforms that will stimulate consumption, manufacturing and spur employment. India's growth unexpectedly slowed to 5.4 per cent in the second quarter, due to low capital formation, weak consumption, besides adverse weather impact.