On Saturday, Finance Minister Nirmala Sitharaman presented her eighth consecutive Budget in the Lok Sabha. She announced an important change, exempting annual income up to Rs 12 lakh from income tax, while adjusting tax slabs to benefit the middle class. The Budget also focused on future reforms, including increasing the foreign direct investment (FDI) limit in the insurance sector, making tax laws simpler, and reducing duties on intermediaries. Additionally, it promised more financial support for welfare programs. PM Modi praised the new budget. Many political leaders have praised the new Budget for its forward-looking approach and efforts to ease tax burdens, while supporting both economic growth and social welfare. Meanwhile some leaders had mixed reactions too. Watch video
Updated 11 months ago

Union Minister Nitin Gadkari has launched the "Cashless Treatment" scheme to help road accident victims. Under this scheme, the government will cover treatment costs up to Rs 1.5 lakh for up to seven days after an accident. If the victim dies in a hit-and-run, the government will provide Rs 2 lakh to their family. The scheme begins as soon as the police are notified of the accident within 24 hours. Gadkari highlighted road safety as the government`s top priority, citing that nearly 1.8 lakh people died in road accidents in 2024, with 30,000 deaths due to not wearing helmets. He also mentioned the growth of India`s automobile industry, now the third-largest in the world.
Updated 11 months ago
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