Finance Minister Nirmala Sitharaman announced a renewed push for private sector participation in large infrastructure projects. Each infrastructure-related ministry will create a 3-year project pipeline for public-private partnerships. An Urban Challenge Fund of Rs 1 lakh crore will also be…
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Finance Minister Nirmala Sitharaman on Saturday announced a National Manufacturing Mission to further boost the ‘Make In India’ initiative across industries, as the country becomes a bright spot on the global manufacturing map.
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The government has expanded the definition of virtual digital assets (VDA) under Section 2(47A) to include any crypto asset that relies on cryptographically secured distributed ledger technology.
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Section 87A tax rebate: Tax Rebate under Section 87A is given to reduce your taxable income to nil. It is a better option to give tax relief through the tax rebate than changing the tax slabs. This is because to…
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Finance Minister Nirmala Sitharaman announced identity cards and registration on the e-Shram portal for nearly one crore gig workers, recognizing their vital role in the new-age services economy. They will also receive healthcare under PM Jan Aarogya Yojana. This move…
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This aligns with the government’s commitment to bringing the deficit below 4.5% by FY26, as outlined under the Fiscal Responsibility and Budget Management (FRBM) Act.
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