Budget 2025-26

Budget 2025: Govt May Cut Income Tax Rates To Lift Consumption, Says Report

India is considering a proposal to reduce income tax for individuals earning up to Rs 15 lakh ($17,590) annually in the upcoming February budget, aiming to provide relief to the middle class and stimulate consumption amid a slowing economy, according to two government sources who spoke with Reuters. This move...

Budget 2025-26: Rural Roads Scheme Could Get 10% Topup; FY26 Outlay Hike Likely

The Modi administration is set to boost the Pradhan Mantri Gram Sadak Yojana (PMGSY) with an expected 10% increase in the budget for FY 2025-26. This move aims to expand rural road connectivity, acknowledging the significant economic impact of infrastructure investment. With the government's focus on improving roads in rural...