The Union Budget 2025 focuses on tax breaks for the middle class, boosting consumption, and a modest rise in capex. While capex impacts rail, defence, and infrastructure sectors, sectors like consumer durables, auto, jewellery, and e-commerce benefit. Market experts foresee…
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Narendra Modi’s government has raised the effective income tax threshold and introduced tax relief, aiming to boost consumer sentiment amidst an economic slowdown. However, significant economic recovery will require job creation and easing the business environment, especially for smaller enterprises…
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The ICAI lauded the Budget for focusing on ease of doing business, promoting domestic manufacturing, and positioning India competitively in global trade. ICAI’s recommendations on tax regimes have been accepted. The Budget features significant income tax cuts for the middle…
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Aviation safety regulator DGCA has fined Tata Group-owned Air India Rs 30 lakh for allowing a pilot to operate a flight without meeting necessary regulatory requirements. The penalty resulted from repeated rostering issues and an unsatisfactory response to a show-cause…
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The government aims to hit an 8% growth rate to achieve Viksit Bharat by 2047. Focus is on tax relief and creating job opportunities by expanding Global Capability Centres to tier II and III cities. The budget boosts consumption by…
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The Union Budget 2025 emphasised exports as a key growth driver, alongside agriculture, MSMEs, and investment. Measures announced include the Export Promotion Mission, BharatTradeNet for supply chain efficiency, financial support for MSME exporters, and duty-free incentives for handicrafts and leather.…
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