Union Budget News
CREDAI Seeks 15% Income Tax for Affordable Housing in Budget 2025
17 January 2025 at 08:55The Confederation of Real Estate Developers' Associations of India (CREDAI), representing over 13,000 developers, has urged the government to introduce a fixed 15% income tax rate for affordable housing projects in the upcoming Union Budget 2025.
Budget 2025: EV Industry Seeks GST Simplification and Incentives
13 January 2025 at 08:46As Union Budget 2025 approaches, the electric vehicle (EV) industry has high hopes for policy changes to accelerate India's EV adoption and manufacturing capabilities.
NRAI Urges Govt Support to Boost India's Restaurant Industry in Union Budget 2025-26
11 January 2025 at 09:01The National Restaurant Association of India (NRAI) has appealed to FM Nirmala Sitharaman to include targeted reforms and incentives for the restaurant sector in the Union Budget 2025-26.
Union Budget 2025-26: CII Recommends 25% Hike in Public Capex and Tax Relief for Middle Class
11 January 2025 at 08:59The Confederation of Indian Industry (CII) has urged the Union government to increase capital expenditure by 25% in FY26 while adhering to the fiscal glide path.
Budget 2025: Experts Push for GST Reduction and Higher Tax Deductions on Insurance
11 January 2025 at 08:57The Indian insurance sector stands at a transformative juncture as the Union Budget 2025 approaches. Experts believe targeted reforms could significantly enhance insurance penetration, driving India closer to the vision of "Insurance for All" by 2047
Budget 2025 to Feature Simplified Income Tax Rules for Hassle-Free Filing
10 January 2025 at 08:49The Indian government is set to overhaul the Income-tax Act of 1961 in a bid to simplify tax filing rules, easing compliance for taxpayers and addressing disputes that have escalated to over $120 billion in the past decade.
Mutual Fund Industry Seeks Restoration of Indexation Benefit for Debt Funds in Budget FY26
08 January 2025 at 09:00The mutual fund (MF) industry is hopeful that the government may restore the indexation benefit for computing capital gains on the sale of debt-oriented funds. ..
Trade Unions Demand Super-Rich Tax and Social Security Reforms in Pre-Budget Meeting
08 January 2025 at 09:00In a pre-budget consultation with Union Finance Minister Nirmala Sitharaman on Monday, trade union leaders advocated for critical tax reforms and enhanced social security measures, particularly for informal sector workers.
Insurance Industry Seeks Key Tax Reliefs and GST Reduction in Upcoming Budget
08 January 2025 at 09:00The insurance industry has put forth significant demands ahead of the Union Budget, focusing on easing tax burdens and improving insurance accessibility for the public.
Pre-Budget Consultation Meetings for the forthcoming Union Budget 2025-26 concludes
07 January 2025 at 08:50The Pre-Budget consultations chaired by Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman for the forthcoming Union Budget 2025-26 concluded in New Delhi.
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