[ad_1] 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 […]
A look at last year’s key NPS changes ahead of Budget 2025 – CNBC TV18
[ad_1] As Budget 2025 approaches on February 1, expectations are high for further improvements to the National Pension System (NPS). Last year, the government made significant changes to NPS. Here’s a look at what changed: Enhanced income tax deductions for employer contributions In Budget 2024, the government increased the tax deduction limit for employer contributions […]
Budget 2025 proposals: From tax clarity on ITC to other key reforms – CNBC TV18
[ad_1] The Union Budget 2025 is set to be unveiled on February 1, and experts from various sectors are hoping for reforms that address growth, innovation, and accessibility. While each sector has unique demands, the overarching expectation is for a progressive and balanced budget that aligns with India’s long-term development goals. Here’s what industry leaders […]
Budget 2025: Will India extend Mahila Samman Savings Certificate scheme beyond March 2025 – CNBC TV18
[ad_1] The Mahila Samman Savings Certificate (MSSC), launched in the Union Budget 2023–2024, has been a significant step towards empowering women financially. With its 7.5% interest rate and a minimum deposit of ₹1,000, the scheme is available until March 31, 2025. As the end date approaches, many are wondering if the government will extend it […]
Budget 2025: Gold and jewellery industry seeks tax reforms and duty revisions – CNBC TV18
[ad_1] With the Union Budget 2025 set for February 1, the gold and jewellery industry is watching closely for key policy changes. Experts expect announcements on import duties, tax reforms, and support for manufacturing. Here are the main expectations: Import duties on gold The gold industry anticipates a reduction in import duties. In the previous […]
Budget 2025: Experts push for standard deduction hike amid inflation woes – CNBC TV18
[ad_1] As the Union Budget approaches on February 1, 2025, salaried taxpayers are eagerly awaiting potential changes to the standard deduction. Experts believe the government could raise the limit under the new tax regime, providing much-needed relief amid rising inflation. So, what is the standard deduction? The standard deduction allows salaried individuals to deduct a […]
Budget 2025 proposals: Streamlined policies for digital payments – CNBC TV18
[ad_1] With Union Budget 2025 around the corner, experts from the digital payments industry have expressed their expectations for reforms that can accelerate financial inclusion and support India’s fintech ecosystem. Industry leaders emphasise the need to enhance digital payment infrastructure and extend Unified Payments Interface (UPI) benefits to businesses, creating a seamless ecosystem for enterprises […]
Budget 2025: Will you get more income tax rebates? – CNBC TV18
[ad_1] As the Union Budget 2025 approaches, expectations for reforms in personal income tax slabs are rising. Taxpayers and industry experts alike have urged the government to address the high marginal tax rates and inflationary pressures on disposable incomes. Currently, India offers two income tax regimes: the new tax regime and the old tax regime, […]
Budget 2025: US-India Tax Forum’s proposals to drive investment and growth – CNBC TV18
[ad_1] 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 […]
Budget 2025 expectations: Taxation reforms and policy changes for real estate sector – CNBC TV18
[ad_1] As India prepares for the Union Budget 2025, the real estate sector is hopeful for reforms aimed at stimulating growth, enhancing affordability, and ensuring sustainability. The sector is keen on policies that will address both the challenges faced by developers and the evolving needs of homebuyers. Here are some of the expectations from industry […]