Nirmala Sitharaman credited the role of fintech innovation in the easing of access to financial services for small businesses during a visit to Pine Labs.
FM Sitharaman shared that India is actively engaging with the new US administration to conclude the first tranche of the bilateral trade agreement by fall.
Nirmala Sitharaman said that India will continue to reduce import duties while the Reserve Bank of India governs any inflationary impact with its policy.
In a LinkedIn post, OYO’s founder Ritesh Agarwal commended the new budget and called it a ‘blockbuster.’ He added that India is swiftly moving towards becoming a tax-free nation.
After the Government of India announced zero tax on individuals earning up to Rs 12 lakh a year, Anupam Mittal took to X to share his definition of ‘gareeb.’
In her speech during the Budget 2025 announcement, Finance Minister Nirmala Sitharaman said that there will be zero income tax for people earning up to Rs 12 lakh.
The government announced a new Fund of Funds Scheme (FFS) with Rs 10,000 crore corpus in the Union Budget 2025-26 to promote the growth of new entrepreneurs.