Watch | What’s in it for the tech sector? | Interim Budget 2024
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Nirmala Sitharaman’s first Interim Budget | Puffed-up and poll-ready
Illustration: Soumyadip Sinha Finance Minister Nirmala Sitharaman, presenting her sixth Union Budget and her first Interim Budget, resisted the temptation to hand out dramatic pre-poll sops like the ones unveiled ahead of the 2019 Lok Sabha election, opting instead to bank on the government’s track record and the promise of “unprecedented development” in the next…
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2024 Interm Budget | Allocations for Social Justice and Tribal Affairs Ministries see a marginal increase
The interim Budget saw an allocation of ₹13,000 crore for the Ministry of Tribal Affairs for the next fiscal year. | Photo Credit: BISWARANJAN ROUT The Estimates presented by Finance Minister Nirmala Sitharaman for financial year 2024-25 on February 1 left the budgets for Social Justice and Tribal Affairs Ministries largely unchanged with marginal increases…
Budget 2024 | Three economic rail corridors on the anvil
The Ministry of Railways has been allocated ₹2.55 lakh crore for 2024-25. | Photo Credit: The Hindu With a thrust on investment in infrastructure, the Union Ministry of Railways has been allocated ₹2.55 lakh crore for the financial year 2024-25, up by 5.8% from last year’s allocation of ₹2.41 lakh crore. Union Railways Minister Ashwini…
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Watch | Highlights of interim budget 2024
Union Finance Minister Nirmala Sitharaman presented the Interim Budget, 2024, on February 1. She said the government’s focus was on four major ‘castes’ — women, youth, poor and farmers Here are the highlights of the Interim Budget 2024 TAX No changes in tax structure for direct and indirect taxes, including import duties No tax liability…
Interim Budget 2024 | ₹1 lakh crore fund to help India leapfrog in deep-tech
People watch the live telecast of the interim budget 2024 by Union Finance Minister Nirmala Sitharaman, at a showroom in Gurugram, on February 1, 2024. | Photo Credit: ANI One of the announcements of Finance Minister Nirmala Sitharaman, while she presented the Interim Budget 2024 on February 1, that stood out was the “Anusandhan’‘ scheme,…
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Experts back plan to add 2 crore homes under PMAY-Rural
Prime Minister Narendra Modi hands over a a key to a beneficiary of the Pradhan Mantri Awas Yojana. File | Photo Credit: ANI The Union Government will launch a scheme to help “deserving sections of the middle class living in rented houses, or slums, or chawls and unauthorised colonies to buy or build their own…
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2024 Interim Budget | Allocation for Minority Ministry remains same
Union Finance Minister Nirmala Sithaman addresses the press conference after presenting the Union Interim Budget 2024 at Parliament, at the National Media Centre, in New Delhi on Thursday. | Photo Credit: ANI The Budget Estimate for the Union Minority Ministry remain almost unchanged with marginal increase for a couple of schemes and programmes. The budget…
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Interim Budget enthuses startups with extension of tax expiry exemption by a year
Image used for representation purpose only. Although the Interim Budget for 2024-25 did not propose any changes in existing taxation, startups are offered certain tax benefits by way of extension of exemptions. According to the Budget document, certain tax benefits to startups and investments made by sovereign wealth or pension funds as also tax exemption on…
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Government moots ₹1 lakh-crore corpus for research and development in interim Budget
Photo used for representation purpose only. Signalling a commitment to research and innovation for India’s “tech-savvy youth,” Finance Minister Nirmala Sitharaman, in her Interim Budget speech on February 1, mentioned a corpus of ₹1 lakh crore, that would be available on ‘minimal or nil interest rates’ to “encourage” the private sector to invest in research…
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