Bill Financial News
04.02 / 10:27
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Invested in debt mutual funds? Here’s how you can save tax after Budget 2025.
Subscribe to enjoy similar stories. Debt mutual fund investors have reason to cheer Budget 2025 after being dealt a huge blow in the previous one. Finance Minister Nirmala Sitharaman announced on Saturday that Indians with incomes up to ₹12 lakh will effectively pay no income tax.
04.02 / 07:35
UPS
BLOCK
Citizens
economy
Bill
prevention
All income groups got a little something from the Budget
Subscribe to enjoy similar stories. The Union Budget 2025 aimed to put more money in the hands of every income group—whether salaried professionals, gig workers, rental income earners, or senior citizens—by tweaking tax slabs, deductions, and exemptions. The highlight was that the aspirations and expectations of the middle-class, finally got an earnest ear.
03.02 / 14:03
UPS
Waters
Bill
prevention
Courts
politician
UK's biggest water company seeks court approval for emergency funding to prevent nationalization
Britain's largest water company Thames Water is seeking court approval for up to $3.7 billion of emergency funding to prevent the cash-strapped firm from falling into government administration
03.02 / 12:09
03.02 / 07:35
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Interviews
Self-declaration to simplify duty payments and refunds for businesses: CBIC chief
Subscribe to enjoy similar stories. NEW DELHI : The Centre has introduced a major simplification to customs procedures through an amendment in the Finance Bill 2025, aimed at enhancing ease of doing business for importers and exporters. The reform allows businesses to voluntarily revise customs declarations after clearance—either to pay additional duty or claim refunds—without undergoing time-consuming appeal processes.
03.02 / 06:25
UPS
Bill
Budget 2025: Earning above ₹12 lakh? Here’s how your tax could spike—or stay in check
Imagine getting a salary bump, only to find that your tax bill eats up most—if not all—of your raise. While the new tax regime in Budget 2025 promises no tax on incomes up to ₹12 lakh, it doesn’t necessarily mean that earning a little more is always beneficial. Thankfully, marginal relief has your back, ensuring that small increases in income don’t result in a huge spike in tax outgo.
03.02 / 03:29
UPS
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Analysis
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ITC, Godfrey Phillips, VST Industries in focus as Budget 2025 leaves tobacco taxes unchanged
ITC, Godfrey Phillips, and VST Industries will be in focus on Monday, February 3, after the Finance Minister kept excise duty/NCCD on cigarettes and other tobacco products unchanged in the Union Budget 2025–26. With no tax hike on cigarettes in the finance bill, Finance Minister Nirmala Sitharaman confirmed that tobacco taxation will remain steady.
02.02 / 11:43
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Progressive
Strategy
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Sustainability
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budget 2025
Union Budget 2025 paves way for India's transformation into a USD 30 tn economy: Amitabh Kant
NITI Aayog's former CEO Amitabh Kant has hailed the Union Budget 2025 as one of the most progressive and forward-looking financial plans, asserting that it lays the foundation for India's sustained economic growth at 8-9 per cent over the next three decades.
01.02 / 15:23
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wellness
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Headlines
India’s budget does well to drive growth despite a fiscal pullback
Subscribe to enjoy similar stories. The Union budget was presented on Saturday in the backdrop of sluggish real growth and stubborn albeit declining headline inflation with the latest print above 5%. Real growth was at 6% in the first half of the current year (2024-25), as against 8.2% in the same period last year.
01.02 / 13:21
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Pool
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budget 2025
Budget 2025 | Tax relief for AIFs as income will now be treated as capital gains
Subscribe to enjoy similar stories. MUMBAI : A 10-year-long lobbying effort by the private equity and venture capital industry bore fruit on Saturday when finance minister Nirmala Sitharaman amended section 2 (14) of the Income Tax Act on “capital assets" to include alternative investment fund (AIF) investments in securities.
01.02 / 12:09
UPS
economy
Bill
trends
Mint Quick Edit | Sitharaman’s income tax bonanza: Time to rejoice
Subscribe to enjoy similar stories. India’s middle class has reason to rejoice. Finance minister Nirmala Sitharaman has eased income tax burdens under the new regime across the board.
01.02 / 10:47
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Provident
Digital
Strategy
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Experts
PAM
budget 2025
Now no more prosecution for delayed payment of TCS if its paid by this date: Budget 2025
Budget 2025 has removed prosecution for taxpayers who failed to deposit Tax Collected at Source (TCS) despite collecting it. This is subject to the condition TCS is paid before filing the TCS return for that period. This amendment will take effect from April 1, 2025.
01.02 / 01:57
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Manufacturing
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Bill
Experts
budget 2025
Budget 2025 | Seven key factors to track in the budget speech
Subscribe to enjoy similar stories. Finance minister Nirmala Sitharaman will on Saturday deliver her eighth Union budget in a row as the National Democratic Alliance government that returned to office last year with reduced majority in Lok Sabha seeks to add vigor to economic growth and create more jobs. It is easy for a government to usher in reforms early into its term as there may not be any immediate political risks.
01.02 / 01:41
Digital
Booking
MicroStrategy
Tesla
Bill
Bitcoin
guidelines
Why A New Rule Helped Tesla Get $600M in Bitcoin Gains But May Cost MicroStrategy Billions
A recent change to accounting rules may have helped deliver a $600 million profit on bitcoin (BTCUSD) holdings for Tesla (TSLA), but the same rule could potentially leave MicroStrategy (MSTR) with a multi-billion dollar tax bill.
31.01 / 20:57
31.01 / 20:25
markets
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Cooper
Strategy
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PAM
prevention
California Republican Kate Sanchez proposes bill to close immigration loophole and combat sex trafficking
Kate Sanchez plans to introduce a bill that would make it easier for local police to collaborate with federal authorities to apprehend individuals involved in sex trafficking minors.
31.01 / 11:35
Provident
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Election
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reports
Tax tip: Don't file until you get all necessary documents
Rep. Carlos Gimenez, R-Fla., on Republican priorities as they seek to pass a single reconciliation bill, Congress certification of the 2024 election and the reauthorization of the House Select Committee on the Chinese Communist Party.
31.01 / 07:59
Strategy
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Updates
Economic Survey 2025 Highlights: Jobs, growth, fiscal deficit — how Indian economy performed and the way ahead
Budget. The survey reviews the current financial year's economic performance and identifies national challenges. It also suggests future reforms and growth strategies. A team led by Chief Economic Adviser V Anantha Nageswaran prepared the document. The survey covers economic and sector-specific developments and offers an outlook for the next financial year.
31.01 / 02:07
30.01 / 12:31
COST
Provident
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President
beautiful
social
Here’s what stands in the way of Trump’s ‘big, beautiful’ tax and border bill
Subscribe to enjoy similar stories. House Speaker Mike Johnson said he was aiming to have a blueprint for a budget soon. President Trump wants Congress to pass “one big, beautiful bill" that would extend expiring tax cuts and provide money for border enforcement.
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