📑 Table of Contents Introduction The OMC Loss Problem The Export Tax: Other Half of the Policy The Fiscal Hit Why Pump Prices Didn’t Change The Election Context Flashcards Quiz Key Takeaways FAQs “The government cut the tax — not to lower pump prices for you, but to reduce the losses the oil companies are … Read more
Nirmala Sitharaman
NITI NCAER States Economic Forum Portal launched April 1, 2025 by FM Sitharaman. 30+ years of state fiscal data for evidence-based policy and cooperative federalism.
Income Tax Bill 2025 replaces 1961 Act. Key changes: Assessment Year → Tax Year, 298→536 sections. No new taxes. Introduced Feb 13, 2025 by FM Sitharaman.
Income Tax Bill 2025 replaces 1961 Act with simplified tax framework. No new tax burden, ADR for disputes, 6500+ suggestions. Complete analysis for UPSC & competitive exams.
Union Budget 2025-26 offers zero tax up to ₹12 lakh, ₹10,000 crore startup fund, 4.4% fiscal deficit. Complete guide to tax slabs, MSME reforms & infrastructure plans.
Union Budget 2025 Healthcare allocates ₹98,311 crore with customs duty exemption on 36 drugs, 75,000 new medical seats, Heal in India initiative & 200 cancer centers.