Taxes and borrowings make up the majority of the revenue while a significant portion of the expenditure is allocated to ...

Among indirect taxes, goods and services tax (GST) will contribute the maximum 18 paise in every rupee of revenue ...

The rupee hit an all-time low on Friday ahead of the Union Budget, making it the worst-performing major Asian currency in Jan.

The Union Budget 2024-25, presented by Finance Minister Nirmala Sitharaman, outlines revenue from taxes and borrowings, with ...

MUMBAI: Of every rupee in the government coffers, the biggest pie--of 66 paise-- comes from direct and indirect taxes, ...

The Indian Rupee (INR) follows a market-determined exchange rate, with no fixed target or specific range. Its value is influenced by various domestic and global factors, including the Dollar Index ...

The rupee pared initial losses and settled flat at 86.62 against the US dollar on Friday, as the support from positive domestic equities was negated by unabated foreign fund outflows and month-end ...

The Reserve Bank of India (RBI) conducted a dollar-rupee buy/sell swap for $5 billion on Friday, with the transaction to be ...

The Indian government’s Rs 50.65 lakh crore expenditure in Budget 2025-26 will be primarily funded through tax revenue, ...

Around 24 paise will come from borrowings and other liabilities, 9 paise from non-tax revenue like disinvestment, and 1 paise from non-debt capital receipts, the Budget documents said ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

This budget strengthens India’s commitment to energy security and clean energy growth by prioritising domestic manufacturing, ...