How such a massive "deferred resignation" program would work in practice is unclear, both logistically and legally.

Despite past efforts to rationalize India’s income tax regime, several anomalies persist. The Union budget for 2025-26 is an opportunity for finance minister Nirmala Sitharaman to fix these.

The Union Budget on February 1 is anticipated to expand the presumptive tax regime to include sectors such as data centres, AI, and green technology.

The presentation, called the Budget Speech, is a high-profile affair where key proposals and allocations are announced. The ...

The Union Budget is the annual financial statement, which provides an estimate of the government’s receipts and expenditures ...

Get ready for Budget 2025 with a quick guide to key terms you need to know before FM Nirmala Sitharaman's presentation.

Proposed changes in Congress to Medicaid laws, if implemented, would cost the state nearly half a billion dollars a year in ...

Sitharaman, while presenting Budget 2024, highlighted that the total receipts for the fiscal year, excluding borrowings, are ...

Finance Minister Nirmala Sitharaman will present the Union Budget 2025 on February 1, her eighth consecutive budget ...

Budget Estimates (BE): The government’s financial projections of revenue and expenditure for the upcoming financial year.

The Budget process begins with the Budget Session of Parliament, usually held in two parts: Part 1: The presentation of the ...

Staff suggest decision-makers could fill the gap by diverting uncommitted funds from other municipal accounts, minimizing any ...