The second phase of the Budget session starts on March 9, and it is scheduled to go up to April 2, during which essential legislative and other business is expected to be addressed primarily.
Addressing a post-Budget seminar virtually also attended by Finance Minister Nirmala Sitharaman, PM Narendra Modi said his government has simplified processes, enhanced the ease of doing business, expanded technology-led governance, and strengthened institutions.
Publication of the Annual Economic Survey, a day before the Union Budget, is a much-awaited event.
Sitharaman also stated that the Centre is planning to set up mega textile parks and welcomed states to enter the industrial textiles sector.
The Union Budget 2026-2027 announced the setting up of a second National Institute of Mental Health and Neuro Sciences (NIMHANS-2) in northern India.
In July 2023, the board of directors of the IOC approved raising capital through the issuance of equity shares on a right basis.
The Union Budget for 2024-25, presented by finance minister Nirmala Sitharaman on 3 July, has generated a diverse range of responses from stakeholders concerned with environmental sustainability.
Indian startups successfully raised $1.03 billion in July as the government abolished angel tax in the Union Budget 2024-25 which was levied on foreign investors, according to a report on Saturday.
The Delhi finance minister pointed out that Delhi’ites paid Rs 15,59,933 crore as income tax to the Central government and got only 0.48 per cent, Rs 7,534 crores, in return.
This year’s Union Budget has once again highlighted the growing disparity between the contributions of individual income taxpayers and corporates to the government’s coffers.
