Union Budget 2025-26: J&K gets Rs 41000 crore central assistance for next fiscal
Srinagar, Feb 1: The Union Government on Saturday proposed allocation of Rs 41000.07 crore to Jammu & Kashmir Union Territory for next financial year, 2025-26. As part of fund transfers for Union Territories, the Union Finance Ministry today proposed an allocation of Rs 41000. 07 crore to Jammu & Kashmir Union Territory in the Union […]
Govt to extend mudra loans to homestays; develop 50 tourism sites in partnership with states
New Delhi, Feb 1 (PTI) The government will develop top 50 tourist sites in partnership with states and also extend mudra loans to homestays, Finance Minister Nirmala Sitharaman said on Saturday. In efforts to boost tourism in the country, Sitharaman said medical tourism will be promoted in partnership with the private sector and the government […]
Jal Jeevan Mission extended till 2028 with enhanced Budget outlay: Sitharaman
New Delhi, Feb 1 (PTI) Jal Jeevan Mission, which aims to provide tap water connection to all rural households, has been extended till 2028 with an enhanced Budget outlay, Union Finance Minister Nirmala Sitharaman said on Saturday. Presenting her eighth consecutive budget, Sitharaman said under the Jal Jeevan Mission 15 crore households, representing 80 per […]
Govt to set up daycare cancer centres in all district hospitals over next 3 years: Sitharaman
New Delhi, Feb 1 (PTI) The government will facilitate setting up of daycare cancer centres in all district hospitals over the next three years and 200 of these will be established in 2025-26, Union Finance Minister Nirmala Sitharaman announced on Saturday. Presenting the 2025-26 Union Budget, her record eighth, Sitharaman said gig workers will be […]
Govt to introduce new I-T bill in Parl next week; to raise insurance FDI to 100 pc
New Delhi, Feb 1 (PTI) The government will introduce a new Income Tax bill next week to take forward the “trust first, scrutinise later” concept, Finance Minister Nirmala Sitharaman said on Saturday. In another major reform move, the minister announced that the Foreign Direct Investment (FDI) in the insurance sector will be increased to 100 […]
Govt to extend time limit for filing updated returns for any assessment yr: FM
New Delhi, Feb 1 (PTI) Finance Minister Nirmala Sitharaman on Saturday announced extension of the time limit for filing updated returns for any assessment year. The time limit is proposed to be extended from the current two years to four years. Presenting the 14th consecutive Budget under the Narendra Modi government since 2014, Sitharaman also […]
Gurez-Bandipora road closed for the traffic after fresh snowfall
Srinagar, Feb 1: Due to the fresh snowfall, the Gurez-Bandipora road has been closed again for traffic, officials said Saturday. They said that the higher reaches of Gurez including Razdan Top, Dawar Gurez, and Tulail, have received fresh snowfall of around 8- 11 inches of fresh snow accumulation following which traffic on the road seems […]
ATF price hiked by 5.6 pc, commercial LPG rate down Rs 7 per cylinder
New Delhi, Feb 1 (PTI) The price of Jet fuel, or ATF, on Saturday was hiked by a steep 5.6 per cent while the rate of commercial LPG that is used in hotels and restaurants was cut by Rs 7 per 19-kg cylinder in the monthly revision done in line with the benchmark international prices. […]
Budget for world’s fastest-growing major economy: Key numbers to be watched
New Delhi, Feb 1 (PTI) Finance Minister Nirmala Sitharaman will present her record 8th straight Budget and all eyes will be on the much-expected tax relief for the middle class. Sitharaman had in her first Budget in 2019 replaced the leather briefcase — which was in use for decades for carrying Budget documents — with […]
Warmer, drier February expected in India: IMD
New Delhi, Jan 31 (PTI) Most parts of India are expected to experience above-normal temperatures and below-normal rainfall in February, following a warmer and drier January, the India Meteorological Department (IMD) said on Friday. The rainfall in February is likely to be below 81 per cent of the long-period average (1971-2020) of 22.7 mm. IMD […]