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Established in 2009, Bitcoin serves as the inaugural cryptocurrency and remains one of the most widely traded digital assets to date.
Updated : Feb 1, 2025

Union Budget 2025: Crypto industry disappointed as Budget 2025 ignores key concerns

The Union Budget 2025-26 has left India's cryptocurrency sector disheartened by not addressing their demands on taxation and regulatory parity. Despite broader tax relief measures, crypto leaders feel critical issues remain unresolved.

Budget 2025-26
Updated : Feb 1, 2025

Union Budget 2025: Microsoft India President Puneet Chandok hails govt's boost to AI and deep tech

The Union Budget 2025-26 introduces new initiatives to propel AI and deep tech innovation, marking a significant step towards India's goal of becoming a global tech leader. Key measures include a Centre of Excellence in AI for Education and a Deep Tech Fund to support startups.

Union Budget 2025: FM Sitharaman announces ₹500 Crore Fund for AI Excellence
Updated : Feb 1, 2025

Union Budget 2025: What does the AI industry think of the new ₹500 crore Centre of Excellence for AI?

The government has announced the establishment of a Centre of Excellence in Artificial Intelligence for education in the Union Budget. Here's what the AI industry thinks.

BCD increased on TVs
Updated : Feb 1, 2025

Union Budget 2025: TVs to get more expensive in India as custom duty rises

Finance Minister Nirmala Sitharaman has announced increased custom duty on Interactive Flat Panel Display (IFPD) from 10% to 20% in the Union Budget.

The economic survey expects the demand for lithium-ion battery to grow at a CAGR of 23% by 2027.
Updated : Feb 1, 2025

Union Budget 2025-26: EVs to get cheaper? Key announcements made for lithium battery sector

The Union Budget 2025-26 introduces tax exemptions for lithium battery production, aiming to enhance local manufacturing and reduce import dependency. This initiative is expected to make EVs and electronics more affordable in India.

Chief Election Commissioner Rajiv Kumar said the election panel would be sending a letter to the Cabinet Secretary on this.
Updated : Jan 7, 2025

Budget 2025: EC says Union Budget presentation on Feb 1 cannot have any Delhi-specific schemes

The Union Budget 2-25 will be presented on February 1. The voting for the 70-seat Delhi Legislative Assembly will take place on February 5, and the results will be announced on February 8. 

In December, a Group of Ministers (GoM) proposed implementing a special 35% tax rate on sin goods such as aerated beverages, cigarettes, tobacco, and similar products.
Updated : Dec 24, 2024

Union Budget 2025: After missing it at GST meet, will FM hike sin tax in upcoming Budget? 

Budget 2025: In the fiscal year 2024-25 budget, Finance Minister Nirmala Sitharaman refrained from introducing any new sin tax policies.

The Union Budget for the fiscal year 2025-26 is expected to be presented in Parliament on February 1, 2025.
Updated : Dec 19, 2024

Budget 2025: FM Sitharaman to meet state finance ministers for pre-Budget consultations, says report

As per government sources, states will have a key role in the discussions, advocating for policies that promote innovation, investment, and job creation.

Investors in unlisted and foreign shares will experience a significant shift as well.
Updated : Jul 25, 2024

'Change in capital gains affects...': Zerodha's Nithin Kamath details Budget impact on stocks, MFs

Income from buybacks will now be taxable in the hands of the recipient investor, similar to dividend income, with the amount paid for buying shares treated as a capital loss that can be offset against other capital gains.

This amendment, effective from April 1, 2025, aims to provide clarity and ensure comprehensive reporting of global income by resident taxpayers.
Updated : Jul 24, 2024

Budget 2024: Nirmala Sitharaman closes a major income tax loophole on house properties. Details inside

Any income derived from letting out a residential house or part of it by the owner will be strictly charged as “Income from house property.”

Investors who participated in the Sovereign Gold Bond Scheme 2016-17 – Series I, issued on August 5, 2016, are nearing their final redemption, which is set for the first week of August 2024.
Updated : Jul 24, 2024

Budget 2024: Sharp dip in gold prices leaves Sovereign Gold Bond investors high and dry

In the budget on Tuesday, customs duty on gold has been reduced, bringing the total duty from 15% to 6%. Previously, gold and silver carried a 15% duty, split into a 10% basic customs duty and a 5% Agriculture Infrastructure Development Cess.

Experts have voiced concerns, arguing that this shift could lead to a heavier tax burden for property sellers.
Updated : Jul 24, 2024

Budget 2024: With no indexation, do you have to pay more tax on older property sale? There's a catch

The Union Budget 2024-25 effectively splits property sellers into two categories: those who purchased or inherited properties before 2001 and those who did so in 2001 or later.

Reddy criticized the budget for providing funds to Andhra Pradesh under the AP Reorganisation Act while ignoring Telangana.
Updated : Jul 24, 2024

'Telangana not part of Viksit Bharat': Revanth Reddy says state hoped for 'few bits, but got nothing' in Budget 2024

Highlighting the lack of substantial benefits for key stakeholders such as the poor, women, youth, and farmers, Reddy criticized the allocation for agriculture, questioning how ₹1.52 lakh crore could cover half the input costs for all farmers amid inflation.

In another beneficial tweak, the TDS on rent payments has been reduced.
Updated : Jul 24, 2024

Budget 2024: Nirmala Sitharaman's TDS changes, and how it impacts your salary, property, and rent

A significant move is the proposal allowing salaried employees to claim credit for Tax Collected at Source (TCS) against TDS deducted on salaries.

The new STT rates mean that the cost of trading in select equity derivative transactions is set to increase by 60%.
Updated : Jul 24, 2024

'Speculation becomes costlier and...': Zerodha co-founder Nithin Kamath decodes the Budget fine print

Despite the higher costs of speculation and the minor increase in capital gains taxes, Kamath sees a silver lining for entrepreneurs.

The Finance Minister's strategy is seen as a move to regulate retail speculation in the F&O segment.
Updated : Jul 23, 2024

'If the idea was to cool down activity in markets...': Zerodha's Nithin Kamath on Nirmala Sitharaman's STT hike

Kamath also noted the increase in long-term capital gains tax (LTCG) from 10% to 12.5% and short-term capital gains tax (STCG) from 15% to 20%, both effective immediately.

Presenting the Union Budget for 2024-25, Finance Minister Nirmala Sitharaman on Tuesday announced that the fiscal deficit for the year is estimated at 4.9 per cent of GDP
Updated : Jul 23, 2024

Union Budget 2024: From jobs, angel tax, LTCG to standard deduction, the full Nirmala Sitharaman speech

In her speech, Sitharaman outlined Modi 3.0’s roadmap for transforming India into ‘Viksit Bharat’ by 2047. The Union Budget 2024 is the first major economic document of the Modi 3.0 government.

FM Sitharaman announced the Union Budget 2024 on Tuesday
Updated : Jul 23, 2024

Union Budget 2024: FM Sitharaman slashes customs duty on gold, silver, mobile phones

Union Budget 2024: FM Sitharaman proposed a comprehensive review of the rate structure of GST over the next six months to rationalise and simplify it for ease of trade, removal of duty inversion and reduction of disputes. 

Since 2016, India's rooftop solar capacity has grown to 2.7 GW, but the goal is to reach 40 GW.
Updated : Jul 23, 2024

Union Budget 2024: PM Surya Ghar Muft Bijli scheme to power 1 cr homes. Here's how it lowers your electricity bill

The government has made it financially feasible for homeowners to set up solar rooftops, offering subsidies ranging from Rs 9,000 to Rs 18,000 per kW under the Rooftop Solar Program Phase-II.

This initiative aims to add 50 lakh new jobs and benefit 30 lakh youth.
Updated : Jul 23, 2024

Budgets 2024: One month's wage for freshers, new incentive plan in Nirmala Sitharaman's big jobs push

dditionally, a direct benefit transfer (DBT) of one month's salary, up to Rs 15,000, will be provided in three instalments, with an eligibility limit of a Rs 1 lakh monthly salary.

A LocalCircles survey, which included 21,000 respondents from 327 districts, revealed that 48 percent of households expect a reduction in income and savings by the end of the financial year 2024-2025.
Updated : Jul 23, 2024

Budget 2024: There could be a 'kahani me twist' in Nirmala Sitharaman's speech today

Gupta says the previous Budget focus was on maintaining fiscal prudence while boosting capital expenditure and planning for 2047. This approach has been well-received by both stock and bond markets.

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