• Sat, February 1, 2025

by: Indiatimes

Budget 2025: Next year, 10,000 seats will be added in medical colleges and hospitals, announces FM Sitharaman

Union Finance Minister Nirmala Sitharaman announced significant investments in healthcare, with plans to add 10,000 medical seats next year and a tota

by: NDTV

Union Budget 2025: Major Announcements, key Takeaways For Education Sector

The budget focuses on preparing students for evolving job markets, expanding digital access, and strengthening higher education institutions.

by: Forbes

Trump's $10 Trillion Crypto Bet: Stablecoins To Replace Eurodollars?

The modern financial system runs on a form of dollars that most Americans have never heard of Eurodollars. Will they be replaced by stablecoins?

by: Firstpost

New income tax slabs and more: The big Budget 2025 announcements, in graphics

Finance Minister Nirmala Sitharaman tabled the Union Budget for the financial year 2025-2026 in Parliament on Saturday. From a change in income tax slabs to a boost to IIT infrastructure, here are the

by: AOL

Ford CEO Jim Farley on the 'huge business' of Mustang, Bronco, and Raptor performance vehicles

While performance cars and racing get the Ford faithful excited, it's been a growing business for Ford too. We spoke to Ford CEO Jim Farley from Charlotte Motor Speedway, where the Ford Performance team and Farley himself were showing off its enthusiast offerings.

by: cnbctv18

Budget 2025 Live Updates: Social security scheme proposed for gig workers, e-shram registration support

This move aims to connect them to social welfare programs offered by the government. The workers will also receive healthcare benefits under the PM Jan Arogya Yojana.

by: Reuters

Musk's team given access to U.S. government payment system, New York Times says

Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.

by: MSN

Mexico's president orders retaliatory tariffs on the U.S. after Trump starts trade war

President Trump announced sweeping tariffs on goods imported from Mexico, Canada and China, sending shocks through the global supply chain and raising fears about consumer costs.

by: Mint

Union Budget 2025 Highlights: From income tax bonanza to consumption boost, FM's roadmap for Viksit Bharat

Highlights: FM Nirmala Sitharaman's announcement on February 1 brings a gift for the Indian middle class with no tax payable up to ₹12 lakh income. The Union Budget also focused on boosting credit for

by: NDTV

'B' In Budget Stands For Bihar: Memes Take Over Social Media

The Union government has announced several big-ticket plans for Bihar in the budget, delighting the business community and citizens and sparking a meme fest on social media.

by: Reuters

Trump fires consumer bureau director Chopra, source says

Rohit Chopra announced early Saturday he was stepping down as head of the top U.S. watchdog agency for consumer finance after President Donald Trump fired him overnight, according a letter Chopra posted online and a person familiar with the situation.

by: MSN

UK India Business Council welcomes Union Budget's focus on regulatory reforms, fiscal consolidation

The UK India Business Council (UKIBC) on Saturday congratulated Finance Minister Nirmala Sitharaman and the Government of India on the presentation of India's Union Budget 2025-26. It said that it was encouraged with the Budget's clear focus on economic growth,

by: cnbctv18

Budget 2025: High-level panel to review non-financial sector regulations, Says FM

Sitharaman also urged state governments to participate in this effort to create a more business-friendly environment.

by: Mint

Budget 2025 | Tax clarity for AIFs as income will now be treated as capital gains

The amendment is significant given that, according to data from the Sebi, more than 1,400 AIFs in the country had raised a cumulative ₹5 trillion as of September 2024.

by: Firstpost

What are the new income tax slabs introduced in Union Budget 2025? How much will you save now?

Finance Minister Nirmala Sitharaman has announced changes to the income tax slabs in the new regime. As per the changes, there is no tax on income up to Rs 12 lakh. This rejig is expected to boost disposable income,

by: Mint

Budget 2025 | Tax relief for AIFs as income will now be treated as capital gains

The amendment is significant given that, according to data from the Sebi, more than 1,400 AIFs in the country had raised a cumulative ₹5 trillion as of September 2024.

by: cnbctv18

Income Tax Slabs 2025 LIVE Updates: India Inc welcomes the new income tax bill, relaxation in TCS, TDS regulations

Finance Minister Nirmala Sitharaman is set to present the Union Budget 2025 today. Experts expect potential reforms, from tax rate cuts to an overhaul of the system, aimed at boosting consumption, simplifying taxation,

by: MSN

Trump's tariffs on Mexico, Canada and China spark fears of a trade war

President Trump announced sweeping tariffs on goods imported from Mexico, Canada and China, sending shocks through the global supply chain and raising fears about consumer costs.

by: Firstpost

Big tax relief for middle class, push for agriculture, MSMEs: Takeaways of Union Budget 2025-2026

Nirmala Sitharaman made a slew of huge announcements during the 2025-2026 Union Budget speech - perhaps none bigger than that there would be no tax on income up to Rs 12 lakh under the new regime. But what other schemes did the finance minister unveil?

by: NDTV

Finance Minister Unveils 6 New Schemes, Raises Kisan Credit Card Limit

Finance Minister Nirmala Sitharaman on Saturday announced six new schemes and increased the subsidised Kisan Credit Card (KCC) loan limit to Rs 7 lakh from Rs 5 lakh.

by: Reuters

INDIA BUDGET India to set up $3-bln maritime development fund for shipping industry

India will set up a 250-billion-rupee ($2.9-billion) maritime development fund for the long-term financing of the country's shipbuilding and repair industry, Finance Minister Nirmala Sitharaman said on Saturday.

by: MSN

Union Budget 2025: Finance minister Nirmala Sitharaman announces Nuclear Energy Mission with expenditure of Rs 20,000 crore

Finance minister Nirmala Sitharaman announced a Nuclear Energy Mission with a Rs 20,000 crore allocation for small modular reactors and 10,000 technology research fellowships at IITs and IISc over five years.

by: Reuters

Budget 2025 Highlights

India will focus on boosting the spending power of its middle class population, encouraging inclusive development and private investment to strengthen growth, Finance Minister Nirmala Sitharaman said on Saturday,

by: MSN

Union Budget 2025: Tax reforms announced by finance minister Nirmala Sitharaman; key points

Finance minister Nirmala Sitharaman announced a new tax regime and significant reforms to ease compliance for the middle class and senior citizens. Key highlights include a nil tax slab up to Rs 12 lakh,
  • Sun, February 2, 2025

by: BBC

Booze, oil and orange juice: How Canada could fight Trump tariffs

As Justin Trudeau warns Canadians they could face "difficult days" ahead, here are four options for retaliation.

by: Mint

Income Tax Budget 2025 LIVE: How to save up to ?2.6 lakh under new tax rates?

Finance Minister Nirmala Sitharaman in Budget announced new tax slabs in the new tax regime 2025, making it so that there is no income tax for those drawing ₹12 lakh and less. We take a look at who is most likely to benefit from the changed income tax slab.

by: stockhead

The NT wants to rebuild its economy and lure investment from miners and explorers

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by: CNN

These Americans don't think the economy is getting any better. Welcome to 'No Buy 2025'

Many Americans, especially female content creators, are pushing back against overconsumption and pledging to buy less — or even nothing beyond essentials — as well as not repurchasing a product they own until it has expired or no longer has use.

by: NDTV

Budget Focus On Bihar, Delhi Polls? N Sitharaman Cites Abraham Lincoln

Finance Minister Nirmala Sitharaman countered the Opposition's charge that the Centre has extended big Budget gifts to Bihar with an eye on the upcoming polls,

by: Couriermail

Former Labor premier Anna Bligh to retire as CEO of Australian Banking Association

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by: NDTV

Can You Still Opt For Old Tax Regime? And Will You Gain Or Lose Out

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by: Mint

Union Budget 2025 Highlights: Nirmala Sitharaman will introduce IT bill next week, PM Modi congratulates FM

Budget 2025 LIVE updates: Abhishek Jain, Indirect Tax Head & Partner of KPMG, highlighted that the adjustments announced to customs duties in India are set to foster expansion and development in the nation.

by: Reuters

Reactions to Trump's tariffs on goods from Mexico, Canada, China

U.S. President Donald Trump on Saturday ordered tariffs of 25% on Canadian and Mexican imports and 10% on goods from China starting on Tuesday to address what he calls a national emergency of fentanyl and illegal immigration pouring into the U.

by: Reuters

US Senate panel to vote on RFK Jr.'s health secretary nomination

A U.S. Senate committee will vote Tuesday on whether to advance President Donald Trump's nomination of Robert F. Kennedy Jr. to lead the Department of Health and Human Services, the committee announced Sunday.

by: MSN

Japan's factory activity extends decline, optimism weakens, PMI shows

Japan's factory activity fell at the fastest pace in 10 months on sluggish demand, a private-sector survey showed on Monday, with business confidence hitting a more than two-year low in a sign that the manufacturing sector is under heavy pressure.

by: MSN

Prediction: 3 Stocks That'll Be Worth More Than Amazon 10 Years From Now

While the e-commerce behemoth is still a solid growth prospect, a handful of names are positioned to leapfrog Amazon in terms of sheer size.

by: MSN

America's favorite beer, avocados, gas and cheap stuff from Temu will get more expensive as economists warn of Trump tariffs impact

Avocados from Mexico. Cherry tomatoes from Canada. Cheap clothes from China's Shein and Temu. Gasoline at the pump. And even America's favorite beer. Economists and market analysts are warning that Americans should brace for higher prices on a raft of everyday goods after President Trump announced 25% tariffs on goods from Mexico and Canada and 10% on imports from China.

by: MSN

Could the Stargate Project Help Send BigBear.ai Stock Soaring This Year?

Spending on artificial intelligence (AI) has been heating up recently, and it may not necessarily be slowing down. The Stargate project, a new joint venture announced in January, will involve multiple companies -- OpenAI,

by: MSN

Trump Tariffs Live Updates: President Admits Prices Could Rise As Canada And Mexico Plan Retaliation

AM EST Homeland Security Secretary Kristi Noem acknowledged on "Meet the Press" that Trump's tariffs could raise prices but said the blame would fall on other

by: MSN

Trump unveils sweeping US tariffs on Canada, Mexico, China

President Donald Trump announced broad tariffs Saturday on major US trading partners Canada, Mexico and China, claiming a "major threat" from illegal immigration and drugs -- a move that sparked promises of retaliation.

by: MSN

Today's Mortgage Rates | Rates Start the Month a Bit Lower

These are today's mortgage and refinance rates. Where mortgage rates go this year depends on inflation and Fed policy.

by: MSN

Anchorage's 10th Annual Black Business Expo Empowers Entrepreneurs In Alaska

"I wanted there to be more opportunities for us to work together. We do a lot of celebration in terms of food and dancing, but not enough education around financial literacy, economic empowerment, or generational wealth building.

by: MSN

Enhanced credit, support for women and SC/ST entrepreneurs in the pipeline

Finance Minister Nirmala Sitharaman`s eighth Budget provided a shot in the arm to micro, small and medium enterprises, as she proposed a slew of measures including enhancement of investment and turnover limits for their classification,

by: MSN

Car Prices Face $3,000 Increase as Tariffs Hit Auto Sector

President Donald Trump's tariffs against Canada and Mexico will threaten production at automakers across North America and send record vehicle prices even higher, with about a quarter of a trillion dollars in trade set to be disrupted.

by: MSN

'Business with a friend': Leaders from sister city Chihuahua spend weekend in Pueblo

Business and Education leaders from Chihuahua, Mexico spent a weekend in the Steel City to discuss mutually beneficial opportunities

by: MSN

I'm a multimillionaire who balances frugality and treating my 3 kids. I remember what it's like not to be wealthy.

Brandon Medford, CEO and multimillionaire, balances frugality and treating his kids. He learned to build his wealth after starting his own company.

by: MSN

Canada, Mexico Hit Back at Trump Tariffs, China Vows Action

Canada and Mexico vowed to hit back at US tariffs with tit-for-tat measures after President Donald Trump followed through on his threats of general levies of 25%, beginning a trade war that's set to reshape global supply chains.

by: MSN

Textiles to toys: MSMEs get a Rs 2,250 crore booster shot with mission exports

Commerce, MSME and finance ministries in India will collaborate to identify key sectors needing significant capital for technology upgrades, marketing, and accessing new markets to boost exports. An Export Promotion Mission with a budget of Rs 2,

Union Budget 2025: Tax reforms announced by finance minister Nirmala Sitharaman; key points

Finance minister Nirmala Sitharaman announced a new tax regime and significant reforms to ease compliance for the middle class and senior citizens. Key highlights include a nil tax slab up to Rs 12 lakh,
The Union Budget 2025, presented by Finance Minister Nirmala Sitharaman, includes several significant tax reforms aimed at boosting economic growth and simplifying the tax structure. Key points include a reduction in personal income tax rates for middle-income groups, an increase in the tax exemption limit, and the introduction of a new tax slab system to encourage spending and investment. Additionally, there are measures to widen the tax base by bringing more individuals and businesses under the tax net through digital tracking and compliance. Corporate tax rates have been rationalized to attract more foreign investment, with incentives for startups and small businesses. The budget also proposes changes to capital gains tax to promote long-term investments in equities and real estate. Furthermore, there are enhancements in tax deductions for health insurance, education, and housing loans, alongside efforts to curb tax evasion through stricter enforcement and technology-driven solutions.

Read the Full MSN Article at:
https://www.msn.com/en-in/money/other/union-budget-2025-tax-reforms-announced-by-finance-minister-nirmala-sitharaman-key-points/ar-AA1ydyy3

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