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Breaking News

A new scheme will be launched to develop deep tech for defence purposes, says Finance Minister

Posted on February 1, 2024 By admin
A new scheme will be launched to develop deep tech for defence purposes, says Finance Minister

India’s Finance Minister announced a new scheme to develop deep tech for defence purposes while presenting the Interim Budget for 2024-25. | Photo Credit: SHIV KUMAR PUSHPAKAR For tech-savvy youth, a corpus of ₹1 lakh crore will be established with 50-year interest free loans for providing long term financing or refinancing with long tenures and low…

Read More “A new scheme will be launched to develop deep tech for defence purposes, says Finance Minister” »

Business

Interim Budget 2024-2025 documents presented by FM Nirmala Sitharaman

Posted on February 1, 2024 By admin
Interim Budget 2024-2025 documents presented by FM Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman holding a folder-case containing the Interim Budget 2024 at North Block Finance Ministry in New Delhi on February 1, 2024. | Photo Credit: Shiv Kumar Pushpakar Finance Minister Nirmala Sitharaman presented the Interim Budget 2024-2025 in the Lok Sabha on February 1. Highlighting the achievements of the Modi Government for…

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Business

FM withdraws all outstanding direct tax demands upto Rs 25,000, will benefit 1 cr taxpayers

Posted on February 1, 2024 By admin
FM withdraws all outstanding direct tax demands upto Rs 25,000, will benefit 1 cr taxpayers

Image used for representative purpose. File | Photo Credit: MURALI KUMAR K Resolving long-pending tax dispute, Finance Minister Nirmala Sitharaman on Thursday, proposed withdrawing all outstanding direct tax demands upto ₹25,000 from 1962 to 2009-10. In her interim budget speech, she noted that a large number of petty or disputed direct tax demands were burdening…

Read More “FM withdraws all outstanding direct tax demands upto Rs 25,000, will benefit 1 cr taxpayers” »

Business

Higher budgetary support for cotton procurement by the Cotton Corporation of India

Posted on February 1, 2024 By admin
Higher budgetary support for cotton procurement by the Cotton Corporation of India

The RoDTEP scheme provides for refund of taxes, duties and levies that are incurred by exporters in the process of manufacturing and distribution of goods and are not being reimbursed under any other mechanism at the Centre, state or local level. File photo | Photo Credit: Special Arrangement The Interim Budget 2024 presented on Thursday…

Read More “Higher budgetary support for cotton procurement by the Cotton Corporation of India” »

Business

Budget 2024 Updates | It is a Budget of creating India’s future: PM Modi

Posted on February 1, 2024 By admin
Budget 2024 Updates | It is a Budget of creating India’s future: PM Modi

Terming the Interim Budget presented by Union Finance Minister Nirmala Sitharaman as “progressive”, veteran BJP leader B. S. Yediyurappa complimented her for presenting a realistic Budget that will improve the standard of living of people. The former Karnataka Chief Minister said the Budget reaffirms the commitment of the BJP government towards building a strong, empowered,…

Read More “Budget 2024 Updates | It is a Budget of creating India’s future: PM Modi” »

Business

Union Budget fiscal deficit for 2024-25 at 5.1% compared to 5.8% in FY24

Posted on February 1, 2024 By admin
Union Budget fiscal deficit for 2024-25 at 5.1% compared to 5.8% in FY24

Finance Minister Nirmala Sitharaman presenting the Interim Budget 2024 in the Lok Sabha on February 1, 2024. The revised fiscal deficit for financial year 2024-25 is estimated at 5.1 per cent of the GDP, down from 5.8 per cent for the current financial year 2024 (FY24), Union Minister Nirmala Sitharaman announced in her interim Budget…

Read More “Union Budget fiscal deficit for 2024-25 at 5.1% compared to 5.8% in FY24” »

Business

Budget 2024 industry experts and markets reactions Live updates | Budget will help India deliver aspirational yet people-centric, inclusive development: Industry

Posted on February 1, 2024 By admin
Budget 2024 industry experts and markets reactions Live updates | Budget will help India deliver aspirational yet people-centric, inclusive development: Industry

Budget presents promising roadmap to strengthen agriculture and dairy sectors, say industry leaders Agriculture and allied sector players termed the Interim Budget 2024-25 as a promising roadmap for strengthening agriculture, agrochemical, dairy sectors by encouraging investment in research and development, technology and warehousing that will empower farmers and their livelihood. “The Interim Budget 2024-25 reiterates…

Read More “Budget 2024 industry experts and markets reactions Live updates | Budget will help India deliver aspirational yet people-centric, inclusive development: Industry” »

Business

Interim Budget 2024 | ASHA, anganwadi workers and helpers gets health cover under the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana 

Posted on February 1, 2024 By admin
Interim Budget 2024 | ASHA, anganwadi workers and helpers gets health cover under the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana 

Watch | Interim Budget 2024 | What’s in it for health sector? | Video Credit: Richard Kujur Health cover under the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana will be extended to all Accredited Social Health Activist (ASHA) and anganwadi workers and helpers said Finance Minister Nirmala Sitharaman on Thursday, while announcing the interim Union…

Read More “Interim Budget 2024 | ASHA, anganwadi workers and helpers gets health cover under the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana ” »

Business

Income Tax Budget 2024: No change to direct and indirect tax rates, says Finance Minister

Posted on February 1, 2024 By admin
Income Tax Budget 2024: No change to direct and indirect tax rates, says Finance Minister

**EDS: VIDEO GRAB VIA SANSAD TV** New Delhi: Union Finance Minister Nirmala Sitharaman presents the Interim Budget 2024 in the Lok Sabha, at Parliament House in New Delhi, Thursday, Feb. 1, 2024. (PTI Photo)(PTI02_01_2024_000117A) | Photo Credit: – Finance Minister Nirmala Sitharamaman in her interim budget speech proposed to retain the same tax rates for…

Read More “Income Tax Budget 2024: No change to direct and indirect tax rates, says Finance Minister” »

Business

Housing scheme to be launched for deserving middle class: Sitharaman in Budget speech

Posted on February 1, 2024 By admin
Housing scheme to be launched for deserving middle class: Sitharaman in Budget speech

Image used for representative purpose only | Photo Credit: The Hindu Giving a boost to affordable housing, the government on Thursday announced a new scheme to help “deserving” sections of the middle class buy or build their own houses. Union Finance Minister Nirmala Sitharaman also gave a push to rural housing and said two crore…

Read More “Housing scheme to be launched for deserving middle class: Sitharaman in Budget speech” »

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