S Krishnan, Secretary at the Ministry of Electronics and Information Technology (MeitY), on Monday said there is immense potential for growth in India’s power electronics sector and that Production-Linked Incentive (PLI) scheme for electronics components will be implemented soon. Speaking at the Budget Verdict townhall event organised by CNBC-TV18, Krishnan said sustained focus is needed […]
Budget 2025 Expectations LIVE: Steel industry seeks protectionist measures & incentives
By CNBCTV18.COM | Jan 30, 2025 8:50 AM IST (Updated) Budget 2025 Expectations LIVE: Finance Minister Nirmala Sitharaman is set to present the Union Budget on February 1, 2025, which plays a crucial role in shaping India’s economic future. The Budget serves as a strategic tool for resource allocation, addressing inequality, stimulating business growth, and generating […]
Budget 2025 expectations LIVE updates: Tackling India’s ‘four balance sheet’ challenge for economic stability
Budget 2025 expectations LIVE updates: The Finance Minister will table the Economic Survey on Friday (January 31) when Lok Sabha and Rajya Sabha will convene briefly after the President’s address. Budget 2025 expectations LIVE updates: The “Four Balance Sheet” challenge refers to financial distress in four major sectors: banks, infrastructure companies, non-banking financial companies (NBFCs), […]
Budget 2025 expectations LIVE updates: Shalimar Paints highlights growth & policy needs for industry
Budget 2025 expectations LIVE updates: Kuldip Raina, Director of Sales and Marketing at Shalimar Paints emphasized the importance of reducing import duties on raw materials and incentivising rural penetration to unlock untapped markets and sustain industry growth. Budget 2025 expectations LIVE updates: Kuldip Raina, Director of Sales and Marketing at Shalimar Paints, expressed optimism about […]
Budget 2025 Expectations LIVE Updates: Government likely to extend personal tax relief to drive consumption, say sources
Budget 2025 Expectations LIVE Updates: Union Finance Minister Nirmala Sitharaman is all set to present her eighth budget on February 1. Tax simplification, increased capital spending, and steps to boost consumption are likely on the table as India navigates slowing domestic growth and global uncertainties. Budget 2025 Expectations LIVE Updates: Union Finance Minister Nirmala Sitharaman […]
Budget 2025: US-India Tax Forum’s proposals to drive investment and growth – CNBC TV18
As India prepares for the Union Budget 2025, the US-India Tax Forum (USISPF) has submitted recommendations aimed at enhancing India’s economic competitiveness. These suggestions focus on investment, innovation, and sustainability, paving the way for India’s emergence as a global economic leader. Here’s a breakdown of the Forum’s key proposals. Simplifying direct taxation The USISPF stresses […]
Budget 2025 expectations: Tax relief for individuals and non-corporates – CNBC TV18
As Budget 2025 approaches, taxpayers and industry professionals are anticipating changes in the personal income tax regime. The Bombay Chartered Accountants’ Society (BCAS) has put forth key proposals aimed at addressing existing disparities and easing the tax burden on individuals and non-corporate entities. Lower tax rates for non-corporates and high-income individuals BCAS proposes lowering individual […]
Budget 2025 Live Updates | EV Industry seeks battery manufacturing policy, tax incentives to boost growth
Finance Minister Nirmala Sitharaman will present the Union Budget 2025 on February 1, marking her eighth budget. Stakeholder consultations concluded after a month-long process involving diverse sectors. Stock markets will remain open despite it being a Saturday, reflecting the budget’s significance for India’s economic trajectory and market sentiment. Industries across the board are eagerly anticipating […]
Budget 2025 LIVE Updates | Expectations and suggestions for FM Nirmala Sitharaman
Jan 10, 2025 10:34 AM IST Budget 2025 | Simplified GST, lower direct tax rates are key to reversing economic slowdown, say experts Finance Minister Nirmala Sitharaman faces significant challenges as she prepares to present the Union Budget in just over three weeks. The first advance GDP estimates project a growth rate of 6.4%, a […]
Budget 2025 Expectations LIVE Updates: Major reshuffle within the Ministry of Finance ahead of February 1
Budget 2025 LIVE Updates: Ahead of the Budget, the Appointments Committee of the Cabinet (ACC) approved changes in top positions within the finance ministry. Tuhin Kanta Pandey has been appointed Secretary of the Department of Revenue. He will continue to hold the designation of Finance Secretary. Arunish Chawla has been appointed Secretary of DIPAM and will […]