December 25, 2025

Union Budget 2024-25: Major Revisions in Customs Duties on Cancer Medicines and Critical Minerals to Boost Domestic Manufacturing and Exports

Bureau The News Hashtag03 mins

New Delhi: Presenting the Union Budget 2024-25, Union Minister of Finance and Corporate Affairs  Nirmala Sitharaman emphasized the government’s commitment to supporting domestic manufacturing, enhancing local value addition, promoting export competitiveness, and simplifying taxation. The new Customs Duty rates are designed to cover a wide range of commodities, from life-saving medicines to rare earth minerals,…

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Union Budget 2024-25: Railways Receives Record Capex Allocation of Rs 2,62,200 Crores

Bureau The News Hashtag03 mins

New Delhi: Union Minister for Railways, Information and Broadcasting, and Electronics & IT, Ashwini Vaishnaw, today highlighted the resilience and robust footing of the Indian economy, attributing its strength to a combination of welfare measures, fiscal prudence, capital investment, and a focus on manufacturing. He emphasized that the budget presented by Finance Minister Nirmala Sitharaman…

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Union Budget 2024-25: Exemption of Capital Goods for Solar Energy Expanded, New Solar and Renewable Initiatives Announced

Bureau The News Hashtag03 mins

New Delhi: In a decisive step towards advancing renewable energy, Finance Minister Nirmala Sitharaman announced significant measures to bolster solar energy and renewable resources. Key highlights include the expansion of exemptions for capital goods used in solar cell and panel manufacturing and the launch of the PM Suryaghar Muft Bijli Yojana, which aims to provide…

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Nitish Kumar Welcomes Special Package For Bihar

Bureau The News Hashtag01 mins

Patna:  Bihar Chief Minister Nitish Kumar welcomed the special package from the Union government for infrastructure projects in the state. After Union Finance Minister Nirmala Sitharaman presented the Union Budget on Tuesday, the Chief Minister noted that though Bihar has not been granted special status, the Central government has begun providing special assistance to the state….

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Union Budget 2024-25: Fisheries Sector Gets ₹2,616.44 Crore Boost for Innovation and Growth

Bureau The News Hashtag03 mins

New Delhi: Amidst a global economy with a positive outlook yet political uncertainties, India’s economic growth continues to be robust with a low and stable inflation rate. The growth is expected to remain strong in the years ahead. The Indian Fisheries sector, termed the ‘sunrise sector’ of the Indian economy, has been experiencing the highest…

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Union Budget 2024-25: Defence Ministry Allocated ₹6.21 Lakh Crore to Boost Innovation and Modernization

Bureau The News Hashtag03 mins

New Delhi: In the Union Budget 2024-25, the Ministry of Defence (MoD) has been allocated ₹6,21,940.85 crore (approx. $75 billion), the highest among all ministries. This allocation includes an additional ₹400 crore for the Acing Development of Innovative Technologies with iDEX (ADITI) scheme, aimed at fostering innovation in defence technology. Finance Minister Nirmala Sitharaman announced…

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Union Budget 2024-25: Angel Tax Abolished to Strengthen Start-Up Ecosystem and Attract Investment

Bureau The News Hashtag02 mins

New Delhi: In a significant move to boost India’s start-up ecosystem, Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, announced the abolition of the controversial ‘angel tax’ for all classes of investors during her Union Budget 2024-25 presentation in Parliament today. This landmark decision aims to remove financial hurdles for emerging businesses and foster…

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