Budget 2025 Expectations LIVE: From tax relief to capex boost, all eyes on FM Nirmala Sitharaman on February 1
  • 30 Jan 2025 07:01 PM
  • New

Budget 2025 Expectations LIVE: From tax relief to capex boost, all eyes on FM Nirmala Sitharaman on February 1

Source: https://www.livemint.com/economy/budget-2025-expectations-live-tax-relief-capex-boost-gst-fm-nirmala-sitharaman-february-1-stock-market-11738200841447.html

Budget 2025 Expectations LIVE: In Finance Minister Nirmala Sitharaman's eighth Budget speech on 1 February 2025, the industries and taxpayers are expecting major announcements, including income tax relief, capex push, GST rationalisation, and more, aimed at promoting economic growth.

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Union Budget 2025: These initiatives can make India more self-reliant in energy
  • 30 Jan 2025 06:26 PM
  • New

Union Budget 2025: These initiatives can make India more self-reliant in energy

Source: https://www.livemint.com/budget/expectations/union-budget-2025-initiatives-that-can-make-india-self-reliant-in-energy-11736970405854.html

The budget needs to prioritize energy security by reducing fossil fuel dependence and promoting renewable sources. It should also address discom losses and enhance electric mobility, while working towards India's goal of net-zero emissions by 2070.

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Budget 2025: Heavy industries ministry seeks reduction of 28% GST on CNG two-wheelers
  • 30 Jan 2025 06:47 PM
  • New

Budget 2025: Heavy industries ministry seeks reduction of 28% GST on CNG two-wheelers

Source: https://www.livemint.com/industry/heavy-industries-ministry-gst-rate-cut-goods-and-services-tax-compressed-natural-gas-cng-2-wheelers-union-budget-2025-11738150290766.html

New Delhi: The ministry of heavy industries (MHI) has called on the finance ministry to lower the goods and services tax (GST) rate on two-wheelers powered by compressed natural gas (CNG), two people aware of the development said.

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Budget 2025: How FM Nirmala Sitharaman could streamline customs duty and GST?
  • 29 Jan 2025 06:01 PM

Budget 2025: How FM Nirmala Sitharaman could streamline customs duty and GST?

Source: https://www.livemint.com/budget/news/budget-2025-how-fm-nirmala-sitharaman-could-streamline-customs-duty-and-gst-11738072583133.html

As Union Budget 2025 approaches, stakeholders expect reforms in indirect taxation to enhance economic growth and compliance. Key areas include customs duty rationalization, an amnesty scheme for long-standing litigations, and incentives for electric vehicles.

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Union Budget: Infra sector calls for raised capex, sops for green projects, tax reforms
  • 28 Jan 2025 06:15 PM

Union Budget: Infra sector calls for raised capex, sops for green projects, tax reforms

Source: https://www.livemint.com/companies/news/union-budget-infra-sector-calls-for-raised-capex-sops-for-green-projects-tax-reforms-11738063324443.html

The industry players in the infrastructure sector -- from construction to real estate, transportation, and urban development -- also emphasised the need for fiscal reforms and policies that would ease the burden on infrastructure projects.

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Budget 2025 Expectations LIVE: Taxpayers, India Inc hoping for income tax relief to boost money in hand, consumer demand
  • 28 Jan 2025 06:10 PM

Budget 2025 Expectations LIVE: Taxpayers, India Inc hoping for income tax relief to boost money in hand, consumer demand

Source: https://www.livemint.com/economy/union-budget-2025-expectations-live-updates-nirmala-sitharaman-announcement-date-time-speech-income-tax-gst-markets-news-11738037238578.html

Budget 2025 Expectations LIVE: Indian taxpayers, especially the middle class and corporate India alike are seeking tax reforms such as revised income tax slabs, lower GST rates, regulatory updates, Drand anticipating various capex allocation announcements in Finance Minister Nirmala Sitharaman's eighth Budget speech on February 1, 2025. Taxpayers are keenly watching for some relief for the middleclass amid the current economic situation.

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Income tax payers in India have good reason to feel neglected
  • 28 Jan 2025 06:08 PM

Income tax payers in India have good reason to feel neglected

Source: https://www.livemint.com/opinion/online-views/income-tax-payers-in-india-feel-neglected-indian-middle-class-senior-citizens-standard-deduction-budget-2025-11737964964981.html

As the countdown to Union budget 2025-26 enters its final phase, it is about time individual taxpayers got a look-in from finance minister Nirmala Sitharaman.

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Budget needs to rationalize taxes for hospitality sector, says hotels association head Kachru
  • 27 Jan 2025 06:22 PM

Budget needs to rationalize taxes for hospitality sector, says hotels association head Kachru

Source: https://www.livemint.com/companies/union-budget-hospitality-sector-hotels-restaurants-gst-infrastructure-status-radisson-hotel-tourists-jobs-11737864116419.html

The hotel sector advocates for lower GST rates and infrastructure status to alleviate costs and boost competitiveness. With rising demand for hotel rooms, these reforms are crucial for attracting investments and supporting India's tourism vision for 2047.

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Fake GST violation notices on the rise, CBIC warns taxpayers: How to check? What to do next? Know here
  • 27 Jan 2025 06:12 PM

Fake GST violation notices on the rise, CBIC warns taxpayers: How to check? What to do next? Know here

Source: https://www.livemint.com/money/fake-gst-violation-notices-on-the-rise-cbic-warns-taxpayers-how-to-check-what-to-do-next-know-here-11737853528418.html

The Finance Ministry has issued a warning regarding fake GST violation notices created by fraudsters. These notices appear authentic due to the use of the CBIC's logo and DIN, prompting taxpayers to verify authenticity and report any suspicious documents.

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Manufacturing sector calls for pro-local manufacturing policies, GST reductions, and tax reforms ahead of Union Budget 2025-26
  • 27 Jan 2025 06:26 PM

Manufacturing sector calls for pro-local manufacturing policies, GST reductions, and tax reforms ahead of Union Budget 2025-26

Source: https://www.livemint.com/economy/manufacturing-sector-calls-for-pro-local-manufacturing-policies-gst-reductions-and-tax-reforms-ahead-of-union-budget-202526-11737975475223.html

Days ahead of the Union Budget 2025-26 on February 1, the industry players in the manufacturing sector have called for favourable policies boosting local manufacturing, reducing GST on consumer durables, and tax reforms to increase disposable incomes and stimulate consumer spending.

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