Month: July 2024

U.P. CM Yogi all praise for Budget; Opposition says it ‘fails the needy’

July 23, 2024 admin

Union Finance Minister Nirmala Sitharaman addressed a post Budget press conference, at the National Media Centre in New Delhi on July 23, 2024. | Photo Credit: ANI Uttar Pradesh Chief Minister Yogi Adityanath on July 23 described the Union Budget, as having unlimited development potential. He said it will fulfil the aspirations of 140 crore…

Business

Budget 2024: The Fine Print In Government’s Jobs Scheme: Nirmala Sitharaman Explains

July 23, 2024 admin

New Delhi: The government’s flagship apprenticeship programme, which has become contentious after Congress claims of plagiarism, has some crucial fine print that Union finance minister Nirmala Sitharaman made clear at a post-budget interview today. Two are of particular interest — to the employees and their employers. While the government is willing to provide the first-timers…

Nation

Budget 2024: Fillip to clean energy schemes

July 23, 2024 admin

Only houses with a suitable roof and an existing connection to the grid will be eligible for the scheme and consumers will still have to pay for all the net power supplied and consumed via the grid. File | Photo Credit: AFP Finance Minister Nirmala Sitharaman’s Budget address gave a fillip to several commitments made…

Business

Shafali Verma Shines As India Beat Nepal By 82 Runs To Qualify For Semifinals Of Women’s Asia Cup

July 23, 2024 admin

Explosive opener Shafali Verma slammed a career-best 48-ball 81 as defending champions India thrashed minnows Nepal by 82 runs in their final group match to confirm their semifinal spot at the Women’s Asia Cup T20 tournament in Dambulla on Tuesday. With India shuffling the batting order, Shafali and Dayalan Hemalatha (47) opened the…

Sports

Medical entrepreneurs applaud customs duty exemption on cancer medication

July 23, 2024 admin

Medical entrepreneurs in Hyderabad have welcomed the exemption of customs duties on three cancer medications as announced in the Union Budget 2024-25. “Cancer treatment is notoriously expensive, often placing an overwhelming financial burden on patients and their families. By removing these duties, the cost of these medications will be reduced, making them accessible. This measure…

Business

Budget slashes TDS on life cover pay-outs, insurance commission

July 23, 2024 admin

The Budget has proposed amendment to Section 194D, pertaining to TDS on payment of insurance commission. | Photo Credit: Getty Images/iStockphoto Union Budget 2024-25 proposes to slash the rate at which tax will be deducted at source (TDS) on life insurance policy pay-outs, to policyholders, and insurance commission payable, to agents, from 5% to 2%….

Business

Angel tax abolition move pivotal for start-ups, says T-Hub CEO

July 23, 2024 admin

T-Hub, Mahankali Srinivas Rao (in blue shirt) | Photo Credit: Nagara Gopal Tech startup incubator T-Hub CEO Mahankali Srinivas Rao welcomed the Union Budget 2024-25 proposal to abolish angel tax for all classes of investors and setting up of a ₹1,000 crore venture capital fund to expand space economy. A pivotal move, it is bound…

Business

Middle class discontented, real estate sector applauds tax reforms

July 23, 2024 admin

Middle-class families in the city have voiced their dissatisfaction with the updated income tax slabs in Union Budget 2024-25, presented by Union Finance Minister Nirmala Sitharaman on July 23. “The price of commodities has tripled over the last few decades, but the tax slabs have barely changed. It’s unfair for individuals earning ₹3 lakh per annum…

Business

“Disappointed” By Budget, Karnataka To Skip NITI Aayog Meet

July 23, 2024 admin

Siddaramaiah termed the union budget “disappointing” (File) Bengaluru: Karnataka Chief Minister Siddaramaiah on Tuesday said his government had decided to boycott the NITI Aayog meeting chaired by Prime Minister Narendra Modi on July 27, as a mark of protest against the “neglect” of the state’s demands in the Union Budget. He said there is no…

Nation

Final NEET-UG Results Within 2 Days: Education Minister Dharmendra Pradhan

July 23, 2024 admin

New Delhi: Union Education Minister Dharmendra Pradhan on Tuesday accused the opposition of trying to create “anarchy” and “civil unrest” using the NEET-UG issue and said with the Supreme Court verdict related to the controversy-ridden exam, “truth has prevailed”. The opposition should apologise to students and their parents for “misleading” them, Mr Pradhan said as…

Nation