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Category: Business

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” »

Business

Interim Budget 2024: Skill India Mission Milestones, upskilled 1.4 crore youth: FM

Posted on February 1, 2024 By admin
Interim Budget 2024: Skill India Mission Milestones, upskilled 1.4 crore youth: FM

Image for representational purposes only. | Photo Credit: The Hindu As many as 1.4 crore youth were trained and upskilled under the Skill India Mission, Finance Minister Nirmala Sitharaman said while presenting the interim Budget on February 1. The mission focuses on skilling, re-skilling and upskilling through short-term and long-term training programmes. Also Read |…

Read More “Interim Budget 2024: Skill India Mission Milestones, upskilled 1.4 crore youth: FM” »

Business

PM Kisan Sampada Yojana: 38 lakh farmers benefited says FM Sitharaman while Presenting Interim Budget

Posted on February 1, 2024 By admin
PM Kisan Sampada Yojana: 38 lakh farmers benefited says FM Sitharaman while Presenting Interim Budget

According to Union Finance Minister Nirmala Sitharaman, the PM Kisan SAMPADA Yojana has benefited 38 lakh farmers and assisted 2.4 lakh self-help groups. File photo | Photo Credit: REUTERS Enumerating the benefits of the agriculture schemes implemented by the Modi government in her interim budget speech, Finance Minister Nirmala Sitharaman on Thursday, touted that the…

Read More “PM Kisan Sampada Yojana: 38 lakh farmers benefited says FM Sitharaman while Presenting Interim Budget” »

Business

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