Union Budget of India Glossary Explained here is a glossary of terms related to the Union Budget of India, including an explanation and example for each term: Union Budget: The annual financial statement of the Indian government, outlining its estimated receipts and expenditures for the fiscal year. It is presented to the Parliament by the… Read More »
Decoding the Union Budget 2025 New Income Tax Act to be presented in Parliament next week of February 2025. :Budget 2025 Speech by Nirmala Sitaramn The TDS limit under Section 194-I on rent has been increased from ₹2.4 lakh to ₹6 lakh. No Income Tax Payable upto Rs 12 Lakh of Income Presumptive taxation scheme… Read More »
Key Facts about Union Budget of India The Union Budget of India is an annual financial statement presented by the government to outline its revenue and expenditure for the upcoming fiscal year. It’s a crucial document that reflects the government’s economic policies and priorities.2 Here are some key facts about it: Historical Significance: First Budget: India’s… Read More »
HIGHLIGHTS OF ECONOMIC SURVEY 2024-25 Posted On: 31 JAN 2025 2:20PM by PIB Delhi INDIA’S REAL GDP AND GVA GROWTH ESTIMATED AT 6.4 PER CENT IN FY25 (FIRST ADVANCE ESTIMATES) THE REAL GDP GROWTH TO GROW BETWEEN 6.3 AND 6.8 PER CENT IN FY26 THRUST ON GRASSROOTS-LEVEL STRUCTURAL REFORMS AND DEREGULATION TO BOOST MEDIUM-TERM GROWTH… Read More »
SUMMARY OF ECONOMIC SURVEY 2024-25 Posted On: 31 JAN 2025 2:23PM by PIB Delhi INDIA’S GDP EXPECTED TO GROW BETWEEN 6.3 & 6.8 PER CENT IN FY26 REAL GDP ESTIMATED AT 6.4 PER CENT IN FY25, CLOSE TO ITS DECADAL AVERAGE REAL GVA ESTIMATED TO GROW BY 6.4 PER CENT IN FY25 CAPEX GROWS AT… Read More »