Watch | How did the stock market react? | Interim Budget 2024
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Tag: budget 2024
Budget 2024 on welfare schemes: Expenditure cut or remain stagnant, say Left parties
CPI (M) leader Sitaram Yechury and CPI leader D. Raja. File photo | Photo Credit: SHIV KUMAR PUSHPAKAR In a bid to reduce the fiscal deficit, the Union government has cut down on expenditure that has led to welfare schemes and capital expenditure being curtailed and this would negatively impact future growth and economic fundamentals,…
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Budget 2024 | The pace of fiscal consolidation took everyone by surprise
Namrata Mittal | Photo Credit: Special Arrangement The 2024 Budget is a vote on account Budget, implying limited parliamentary discussion and hence an avoidance to tax modification at large. The primary objective is to seek permission to spend and collect receipts until the new government is formed. The underlying theme was clearly fiscal consolidation with…
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2024 Interim Budget | Biased in favour of rich: Chidambaram
Former Finance Minister and Congress leader P Chidambaram addresses the media regarding the Union Interim Budget 2024 during a press conference, in New Delhi on Thursday. | Photo Credit: ANI India’s demographic dividend has been “destroyed” as the BJP-led National Democratic Alliance’s approach to the economy “is biased in favour of the rich”, Congress leader…
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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…
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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