Tag: budget 2024-25

FM Nirmala Sitharaman on Budget 2024: Union Budget strikes a fine balance between growth, employment, capital investment, and fiscal consolidation

Posted on By admin
FM Nirmala Sitharaman on Budget 2024: Union Budget strikes a fine balance between growth, employment, capital investment, and fiscal consolidation

Union Finance Minister Nirmala Sitharaman speaks in the Rajya Sabha during the Monsoon session of Parliament on July 31, 2024. | Photo Credit: PTI Finance Minister Nirmala Sitharaman on July 31said the Union Budget strikes a fine balance between growth, employment, capital investment, and fiscal consolidation, among others. Replying to the discussion on the Union…

Read More “FM Nirmala Sitharaman on Budget 2024: Union Budget strikes a fine balance between growth, employment, capital investment, and fiscal consolidation” »

Business

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

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

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…

Read More “U.P. CM Yogi all praise for Budget; Opposition says it ‘fails the needy’” »

Business

The steam engine of today: elevating India’s capital goods for a global electronics revolution

Posted on By admin
The steam engine of today: elevating India’s capital goods for a global electronics revolution

In the early days of the Industrial Revolution, a single invention changed the world: the steam engine. This marvel of engineering powered factories, drove progress and transformed economies. The steam engine symbolised a nation’s ability to innovate, produce, and lead. Today, India stands at a similar crossroads with its capital-goods industry, especially in the realm…

Read More “The steam engine of today: elevating India’s capital goods for a global electronics revolution” »

Business

Union Budget 2024: Double standard deduction to ₹1 lakh keeping in mind rising expenses, inflation: KPMG

Posted on By admin
Union Budget 2024: Double standard deduction to ₹1 lakh keeping in mind rising expenses, inflation: KPMG

Image for representation purpose only. Doubling standard deduction to ₹1 lakh, increasing tax break on interest paid on housing loan and rationalisation of capital gains tax regime are some of the expectations that consultancy firm KPMG has from the Budget 2024-25 to be unveiled on July 23 in Parliament. There has been a significant rise…

Read More “Union Budget 2024: Double standard deduction to ₹1 lakh keeping in mind rising expenses, inflation: KPMG” »

Business

Budget in Focus: The Hindu’s series on pre-Budget expectations

Posted on By admin
Budget in Focus: The Hindu’s series on pre-Budget expectations

Prime Minister Narendra Modi addresses a meeting with economists ahead of the Union Budget which will be presented on July 23, in New Delhi. | Photo Credit: ANI Union Finance Minister Nirmala Sitharaman is scheduled to present the Budget for 2024-25 in the Lok Sabha on July 23. Parliament Session begins on July 22 and…

Read More “Budget in Focus: The Hindu’s series on pre-Budget expectations” »

Business

Budget 2024: Insurers expect more tax benefits for health insurance in Union budget

Posted on By admin
Budget 2024: Insurers expect more tax benefits for health insurance in Union budget

More tax benefits for health insurance under the new tax regime, relaxation in payment norms for MSMEs and incentives for the agri-tech sector are among the expectations of stakeholders from the first budget of the Modi 3.0 government. Finance Minister Nirmala Sitharaman is scheduled to present the full Budget for fiscal 2024-25 on July 23,…

Read More “Budget 2024: Insurers expect more tax benefits for health insurance in Union budget” »

Business

Key takeaways from interim Budget 2024-25 in charts

Posted on By admin
Key takeaways from interim Budget 2024-25 in charts

India’s Finance Minister Nirmala Sitharaman during the Vibrant Gujarat Global Summit in Gandhinagar, Gujarat, India, on Thursday, Jan. 11, 2024.  | Photo Credit: Bloomberg The Finance Minister presented her sixth budget today. Her announcements ranged from railways, tourism, healthcare, technology, aviation, green energy, aquaculture, housing, and more. With regards to taxation, no changes were announced to…

Read More “Key takeaways from interim Budget 2024-25 in charts” »

Business

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

Posted on 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