Government Revises Criteria for Classifying MSMEs, Effective April 1
New Delhi: The government has announced key changes to the criteria for classifying Micro, Small, and Medium Enterprises (MSMEs), set to take effect from April 1. Under the revised guidelines, micro-enterprises will now be defined as those with…
Former UK PM Rishi Sunak Visits Indian Parliament, Meets PM Modi and Key Officials
New Delhi: Former British Prime Minister Rishi Sunak, accompanied by his wife Akshata Murty and their daughters Krishna and Anoushka, visited the Indian Parliament House on Tuesday. They were welcomed by Sudha Murthy, Rajya Sabha Member of Parliament and…
Income-Tax Bill 2025 Introduced in Lok Sabha, Proposed for Review by Parliamentary Committee
New Delhi: The Income-Tax Bill 2025 was introduced in the Lok Sabha on Thursday by Finance Minister Nirmala Sitharaman. The Bill aims to consolidate and amend the existing laws related to income tax, with the goal of simplifying the tax structure for…
Opposition Protests as Waqf Amendment Bill Report Tabled in Parliament
New Delhi: The Joint Committee Report on the Waqf (Amendment) Bill 2024 was tabled in both Houses of Parliament on Thursday, amid fierce protests from opposition parties. In the Lok Sabha, when the House reconvened after a brief adjournment at 2 PM, the…
Budget 2025: Key Announcements
…to Boost Growth and Empower Citizens New Delhi: Finance Minister Nirmala Sitharaman on Saturday, presented her eight consecutive Union Budget 2025-26 with a booster to the middle class, boosting…
Senior Citizens Get Key Tax Relief in Union Budget 2025
New Delhi: In a bid to offer more financial relief to senior citizens, Finance Minister Nirmala Sitharaman announced several key tax changes in the Union Budget 2025, including higher tax deductions on interest income and easier withdrawal rules for…
Union Budget 2025: No Income Tax on Earnings Up to Rs. 12 Lakh, Major Relief for Middle Class
New Delhi: In a significant move aimed at easing the tax burden on the middle class, Finance Minister Nirmala Sitharaman announced that no income tax will be payable on annual earnings of up to Rs. 12 lakh, as part of the Union Budget 2025. The…
BJP Condemns Rahul Gandhi’s Comments on ‘Opposition fighting Indian state’
New Delhi: The Bharatiya Janata Party (BJP) strongly criticized Congress leader Rahul Gandhi on Wednesday after his remarks that the Opposition is fighting not only the BJP but also the Indian State. Gandhi made these comments during the inauguration of…
Vijay Mallya Claims Over Rs 14,000 Crore Recovered, Seeks Relief from ED and Banks
New Delhi: Fugitive businessman Vijay Mallya has claimed that banks have recovered Rs 14,131.60 crore from him, despite the court-ordered debt being Rs 6,203 crore. Mallya, who remains labeled as an “economic offender,” posted his statement…
Union Budget 2024-25 Highlights
Highlights: India‘s economic growth continues to be a shining exception Sitharaman lists energy security as one of the nine priorities of the government. Focus on 4 different castes, poor, women, youth and farmers Sitharaman says, “As…