Union budget of India
Annual budget of the Republic of India
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The Union Budget of India, also referred to as the Annual Financial Statement in Article 112 of the Constitution of India is the annual budget of the Republic of India set by Ministry of Finance for the following financial year, with the revenues to be gathered by Department of Revenue to identify planned government spending and expected government revenue and the expenditures gathered by Department of Expenditure of the public sector, to forecast economic conditions in compliance with government policy.
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![Union Budget 2025 Personal Tax Bonanza: No Income Tax For Those Earning Up to ₹12 Lakh [Video]](https://video.newsserve.net/300/v/20250201/1400439768-Union-Budget-2025-Personal-Tax-Bonanza-No-Income.jpg) Union Budget 2025 Personal Tax Bonanza: No Income Tax For Those Earning Up to ₹12 Lakh Credit: Oneindia Duration: 03:13Published | |
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'Tried to complicate': Raghav Chadha on Sitharaman's tax relief counter in ParliamentMP Raghav Chadha countered finance minister Nirmala Sitharaman's claim on the new tax relief in the Union Budget, clarifying that it is a rebate, not an exemption or deduction. Chadha emphasized that..IndiaTimes - Published | |
Opposition MPs accuse Centre of failing to uphold 'Sabka Saath, Sabka Vikas' in BudgetOpposition MPs in the Rajya Sabha critiqued the Union Budget, highlighting reduced allocations for minority welfare schemes and overlooking farmers, SC, and ST needs. They accused the government of..IndiaTimes - Published | |
'Halwa kisko khilaya?': Rahul's dig at govt for not releasing budget ceremony photoRahul Gandhi criticized the Central government for not releasing a photo of the Halwa ceremony ahead of the Union Budget, pointing out the lack of representation of OBC, tribal, and Dalit officers. He..IndiaTimes - Published | |
Most pro-middle class Budget in history, says PM ModiPrime Minister Narendra Modi expressed confidence in BJP's success in upcoming Delhi polls, praising the newly presented Union Budget as the most pro-middle class in history. He criticized AAP for..IndiaTimes - Published | |
JDU hails Budget, says it fulfils Bihar's long-pending demandsJDU's Sanjay Jha defends the Union Budget provisions for Bihar, stating it addresses long-pending demands. He highlights significant support like central aid for flood-affected Kosi region, Makhana..IndiaTimes - Published | |
Budget paves the way for India-US Harley diplomacy as customs duty on bigger bikes slashedAhead of PM Modi's visit to the US, the Union Budget reduces import duties on bigger bikes, benefiting companies like Harley-Davidson. While cars like Tesla saw a customs duty cut, the actual effective..IndiaTimes - Published | |
'Every family happy': PM Modi hails Union Budget as 'middle class friendly'Prime Minister Narendra Modi praised the Union Budget as the most middle-class-friendly in India's history, highlighting significant tax relief for those earning up to Rs 12 lakh. He criticized the Aam..IndiaTimes - Published | |
Delhi polls: 'Jhaadu ke tinke bikhar rahe hain,' says PM Modi on AAP leaders quitting partyPrime Minister Narendra Modi criticised the Aam Aadmi Party (AAP) ahead of Delhi’s elections, accusing it of falling apart due to internal defections. He expressed confidence in BJP forming the next..IndiaTimes - Published | |
'Dil valo ki Delhi ko ab BJP sarkar chahiye': Party launches new campaign song 3 days ahead of pollsThe BJP has launched its fourth campaign song, 'Dil valo ki Delhi ko ab BJP Sarkar chahiye', for the upcoming Delhi Assembly elections. BJP leaders praised the Union Budget as a 'golden budget'. MP..IndiaTimes - Published | |
'Nothing to cheer about': Former finance minister Chidambaram reviews Union budget 2025Former Union finance minister P Chidambaram criticized the Union Budget presented by Nirmala Sitharaman, claiming it targets the middle class and Bihar voters ahead of upcoming state elections. He..IndiaTimes - Published | |
How opposition reacted to the Union Budget 2025-26Opposition leaders criticized the Union Budget presented by finance minister Nirmala Sitharaman for not addressing the middle class and small business owners. The budget favored corporate loans over..IndiaTimes - Published | |
'Andhra Pradesh cruelly ignored': Congress' dig at Nirmala Sitharaman's Union Budget amid bonanza for BiharFinance Minister Nirmala Sitharaman's eighth Union Budget for 2025-26 included significant announcements for Bihar ahead of elections, sparking criticisms of political bias. Opposition leaders also..IndiaTimes - Published | |
Budget cheers for poll-bound Bihar, second year in a rowIn the Union Budget, finance minister Nirmala Sitharaman announced several initiatives for Bihar, including the establishment of a Makhana Board, four greenfield airports, and a National Institute Food..IndiaTimes - Published | "Have very little expectations from Govt": Robert Vadra on Union Budget 2025Businessman Robert Vadra, husband of Congress MP from Wayanad Priyanka Gandhi Vadra on Saturday expressed scepticism about the Union Budget 2025, stating that he has "very little expectations" from the..IndiaTimes - Published |
Union Budget 2025-26 LIVE Streaming: When, where to watch FM Nirmala Sitharaman's speech LIVE online, on mobile APP, TV?The Budget speech of FM Sitharaman will be broadcast live from 11:00 am on February 1 and can be watched on the official Union Budget website (indiabudget.gov.in) and on Sansad TV.DNA - Published | 'Won't see any Dalit with FM tomorrow': Rahul Gandhi slams Centre ahead of Union BudgetRahul Gandhi criticized Prime Minister Modi's government, asserting that no Dalit, tribal, or backward class individuals will be seen with Finance Minister Nirmala Sitharaman before the Union Budget...IndiaTimes - Published |
'Third term govt witnessing work at three times speed of previous ones,' says President Murmu, ahead of budget 2025President Droupadi Murmu addressed Parliament and highlighted the third term of the current administration. She mentioned that the government is working faster and has taken significant decisions. The..IndiaTimes - Published | EC nod to February 1 Budget, but with riders on Delhi schemesThe Election Commission will direct the Centre to exclude any Delhi-specific announcements in the Union Budget presented on Feb 1 due to the upcoming Delhi assembly polls. While the matter of..IndiaTimes - Published |
Citing 'significant' evasion, Congress calls for GST overhaulCongress questions the government's resolve to reform the GST system, citing complexities and significant tax evasion. With the Union Budget approaching, they challenge the PM and FM to introduce GST..IndiaTimes - Published | Union Budget effect: INDIA bloc MPs stage protest over 'discrimination' against opposition-ruled statesThe leaders in opposition criticised the budget for being partial towards Bihar and Andhra Pradesh.DNA - Published |
Parliament session to start from July 22, Union Budget to be presented on July 23This will be first full session of Parliament after the new members took oath in the first session of 18th Lok Sabha held from June 24 to July 2 following results of general elections.DNA - Published | Ahead of Union Budget, INDIA bloc ups ante over Lok Sabha deputy speaker postThe opposition INDIA bloc has stepped up its demands ahead of the Union Budget session set to begin on July 22, with TMC leader Derek O'Brien listing out specific requests for the NDA-led central..IndiaTimes - Published |
Union Budget: Finance minister Nirmala Sitharaman to present Budget 2024-25 in Lok Sabha on July 23IndiaTimes - Published | Union Budget 2024-25 date announced: FM Nirmala Sitharaman to present Modi 3.0 Budget on...The Union Budget for fiscal year 2024-25 will be presented to the Lok Sabha on July 23. The Budget Session of Parliament will be held from July 22 to August 12.DNA - Published |
Congress wanted to spend 15% of Budget on Muslims: PM ModiPM Narendra Modi accuses Congress of planning to allocate 15% of the Union Budget exclusively for Muslims, aiming to divide it into 'Muslim budget' and 'Hindu budget'. He mentions opposition from..IndiaTimes - Published | All-party meeting underway ahead of Budget Session of ParliamentUnion Finance Minister Nirmala Sitharaman will present the interim Union Budget on Thursday.DNA - Published |
Lok Sabha passes Rs 45 lakh crore Budget 2023-24 without debateLok Sabha on Thursday approved the Union Budget envisaging an expenditure of around Rs 45 lakh crore for the fiscal year starting April 1 without any discussion, as the Opposition continued to create..IndiaTimes - Published | Centre cut fuel excise duty twice, but opposition states hiked VAT, says FM Nirmala SitharamanFinance minister Nirmala Sitharaman hit out at Opposition-ruled Himachal Pradesh, Punjab and Kerala for increasing VAT on fuel, while arguing that the Centre had reduced excise duty on petrol and..IndiaTimes - Published |
Budget benefits all, spread the word, PM Modi tells BJP MPsStressing that interests of the poor have been at the heart of policy-making of his government, Prime Minister Narendra Modi on Tuesday asked BJP MPs to reach out to people in their respective..IndiaTimes - Published | Vande Bharat Express news: Patna-Ranchi, Patna-Howrah, Varanasi-Howrah via Gaya-Dhanbad trains likely from AprilWith Railways getting a big boost from Union Budget 2023-24, big things are in store for several big northern states like Uttar Pradesh and Bihar.DNA - Published |
What are Unity Malls, mentioned by Nirmala Sitharaman in the Union Budget speech?Sitharaman, presenting perhaps her last budget before the 2024 general elections, announced that the government will increase the capital expenditure outlay by 33 percent.DNA - Published | Budget 2023: Cigarettes become more expensive after budget announcement, memes flood on TwitterIn the Union Budget on Wednesday, Finance Minister Nirmala Sitharaman proposed an increase in the tax on cigarettes, setting off memes and jokes online.DNA - Published |
BJP plans nationwide campaign on Union Budget to highlight pro-people measures, Sushil Modi to head itThe BJP will start a 12-day nationwide campaign on Wednesday to make people aware of the "pro-people" measures announced in the Union Budget, party leaders said. The campaign that will begin the day..IndiaTimes - Published | Budget 2023: Why is Union Budget presented on February 1 every year?Till 2017, the Union Budget was presented on the last day of February.DNA - Published |
Putin's war set to put extra burden of ₹1 lakh cr on fertiliser subsidy billThe Russia-Ukraine war has hit the country's agriculture sector the hardest with fertiliser prices skyrocketing in the international market, a top government functionary said on Monday, adding this is..IndiaTimes - Published | |
