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Finance Ministry

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Budget Session 2025: President Droupadi Murmu reaches Parliament in ‘buggy’

Budget Session 2025: President Droupadi Murmu reaches Parliament in ‘buggy’

Ahead of the Budget Session 2025, President Droupadi Murmu arrived in the Parliament for the session. Elite Guards escorted the President to the Parliament. The Finance Minister, Nirmala Sithraman will table the Economic Survey today and then both Lok Sabha and Rajya Sabha will convene briefly after the President's address. The Budget will be presented by the Finance Minister tomorrow on 1st February.

31 January,2025 12:10 PM IST
Union Budget 2025: How is the Budget prepared and passed in India?

Union Budget 2025: How is the Budget prepared and passed in India?

The Union Budget 2025 will be announced on 1st February. The process of preparing and passing this budget is an intricate one. It begins with the groundwork by the Ministry of Finance, consultations with stakeholders, and data analysis and goes through multiple stages of drafts, approvals and voting stages in the Lok Sabha and Rajya Sabha. Here is a roundup of how the Budget is prepared and passed in India. 

30 January,2025 12:29 PM IST
Budget 2025: What is Direct Tax Code? Will it replace the Income Tax Act 1961?

Budget 2025: What is Direct Tax Code? Will it replace the Income Tax Act 1961?

Finance Minister Nirmala Sitharaman in her July 2024 Budget speech announced a comprehensive review of the Income Tax Act 1961. She had also announced that a new tax system would eventually be introduced to make the tax concise and easy to understand. Will the Direct Tax Code replace the Income Tax Act 1961 this Budget 2025? But what is Direct Tax Code, or DTC? Here is all you need to know.  

30 January,2025 12:29 PM IST
ITR Filing: Never make these mistakes while filing Income Tax returns

ITR Filing: Never make these mistakes while filing Income Tax returns

ITR(Income Tax Return) filing correctly is crucial for financial health and compliance. The last date for ITR filing if 31st July 2024. If you are navigating through this process currently, this video is just for you. In this episode of Money Matters, CA Nitesh Buddhadev guides you through the essential steps to ensure a hassle-free ITR filing experience. Whether you're a first-time filer or looking to refine your process, this video offers valuable tips to simplify ITR filing and stay on top of your tax obligations. Learn about common mistakes to avoid.

27 July,2024 11:00 AM IST

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