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budget-2025-update

From Jairam Ramesh to KC Venugopal, top Congress leaders slammed the Budget and called it a "mundane document with minor tinkering" which will do nothing to revive India’s tottering economy.

Congress targets union budget, calls it poll-related gimmicks

Along with making income up to Rs 12 lakh tax-free, the government has retained the Rs 75,000 standard deduction.

Income Tax 2025 explainer: Zero tax on income up to Rs 12 lakh, know how much you can save?

As per the union budget 2025-26, the allocation to the railways sector has remained unchanged for the railways sector at Rs 2.55 lakh crore for financial year 2026.

Union Budget 2025 update: Railway stocks drop up to 7% after FM’s budget speech

Under the UPA government, the income tax exemption limit was Rs 1 lakh in 2005 and it took the Manmohan Singh government seven years to double this exemption limit to Rs 2 lakh in 2012.

Modi govt increases tax exemption limit, moving away from UPA's small reliefs

The new tax slabs aim to provide relief to individuals earning up to Rs 12 lakh annually and the exemption limit is Rs 12.75 lakh for salaried individuals.

Budget 2025-26: Comparing old and new tax regimes for the middle class

While the Finance Minister made a plethora of announcements in agriculture, infrastructure, health, and education, it was income tax relief of up to Rs 12 lakh that grabbed everyone's attention.

Budget 2025 Update: What became cheaper, what became costlier? Explained

FM announced that broadband connectivity will be provided in all government secondary schools, a move that will bring the students at par with their private counterparts and also open new vistas of opportunities for them.

FM Sitharaman unveils social security for gig workers & internet access in government schools

Presenting the Union Budget 2025-26, FM Sitharaman said that the tax deduction at source (TDS) rates will be rationalised and the limit for tax deduction for senior citizens will be doubled to Rs 1 lakh.

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