Noida entrepreneurs hail Union Budget 2025, highlight growth-boosting measures

IANS | February 1, 2025 7:45 PM

Noida, Feb 1 (IANS) As Union Finance Minister Nirmala Sitharaman presented the Union Budget 2025, it was met with praise from entrepreneurs in Noida, particularly for the tax relief and initiatives aimed at fostering business growth. One key announcement was the removal of income tax for individuals earning up to Rs 12 lakh annually.

Union Budget: Varanasi professors hail no-income-tax rule for earnings up to Rs 12 lakh

IANS | February 1, 2025 7:10 PM

Varanasi, Feb 1 (IANS) In a landmark move, Union Finance Minister Nirmala Sitharaman unveiled the Budget 2025, which promises no income tax for individuals earning up to Rs 12 lakh annually, including standard deductions (totaling Rs 12.75 lakh). This historic step has been hailed by professors in Varanasi as a much-needed relief for the middle class, thanking the Modi-led government for prioritising their concerns.

Budget has put railways on expansion track: Ashwini Vaishnaw

IANS | February 1, 2025 7:03 PM

New Delhi, Feb 1 (IANS) Welcoming an allocation of Rs 2.52 lakh crore for expansion of the railways, Union Minister Ashwini Vaishnaw on Saturday described Budget 2025-26 as ‘balanced’ and pro-middle class due to the new income tax exemption limit of Rs 12 lakh.

Budget to help achieve objective of Viksit Bharat by 2047: NSE CEO

IANS | February 1, 2025 5:03 PM

New Delhi, Feb 1 (IANS) Ashish Kumar Chauhan, MD and CEO at NSE, on Friday hailed the Union Budget for its focus on accelerating growth by providing a fillip to investment and increasing the spending power of the middle class by raising the income tax exemption limit.

Poll related gimmicks for politics: Cong’s jab over Union Budget

IANS | February 1, 2025 3:50 PM

New Delhi, Feb 1 (IANS) The eighth consecutive Budget of Finance Minister Nirmala Sitharaman presented over 77 minutes, brought cheer to the common man but drew sharp criticism from the Congress party which called it "visionless" and a "poll related gimmick."