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India’s Finance Minister Nirmala Sitharaman holds up a folder with the Government of India’s logo as she leaves her office to present the union budget in the parliament in New Delhi, India, July 23, 2024. | Photo Credit: ALTAF HUSSAIN Union Finance Minister Nirmala Sitharaman, on Tuesday, presented the first Union Budget of the third…
Read More “Analysis of Union Budget 2024: Sector-wise impact” »
Mr Somanathan said India has very good federal systems. New Delhi: This year’s Union Budget, which has been at the receiving end of the opposition’s ire because of the alleged preferential treatment given to certain states – especially Andhra Pradesh and Bihar – is not discriminatory and a set formula is in place for the…
The announcement of a hike in securities transaction tax and short term capital gains tax in the Budget for 2024-25, impacted markets’ sentiment negatively during the initial trade on July 25, 2024. Equity market benchmark indices Sensex and Nifty tumbled in early trade on July 25, continuing to decline for the fifth day running, dragged…
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The budget session of Parliament is scheduled to end on August 12 Parliament Session Live: The discussion on the Union Budget 2024-25, presented by Finance Minister Nirmala Sitharaman on July 23, is currently underway in both Houses of Parliament. The Opposition MPs had on Wednesday protested against the Budget in the Lok Sabha and staged…
A hospital in Alluri Sitarama Raju district, Andhra Pradesh. File | Photo Credit: Special Arrangement With the worst of the COVID-19 pandemic behind us (though the World Health Organization warns that the virus has still not vanished), the Union Budget expectedly shifted focus to levers of economic growth such as infrastructure and employment. It was…
A hospital in Alluri Sitarama Raju district, Andhra Pradesh. File | Photo Credit: Special Arrangement With the worst of the COVID-19 pandemic behind us (though the World Health Organization warns that the virus has still not vanished), the Union Budget expectedly shifted focus to levers of economic growth such as infrastructure and employment. It was…
Gold jewellery at a shop in Kolkata. | Photo Credit: AFP While providing primacy to growth with inclusion, the Budget attempts to infuse a new momentum to the economy and strengthen India’s resilient ecosystem so that the country emerges as a growth engine of the world. An overarching theme An important focus of the Budget…
Read More “Budget 2024: The government’s focus is on ease of paying taxes” »
National missions for pulses and oilseeds are to be strengthened | Photo Credit: The Hindu There was a lot of anticipation before this Budget. As the first major public policy announcement of the new government, it was expected that the Budget would lay down a plan of action for the following five years of the…
Read More “Budget 2024: Prioritising inclusivity and fiscal prudence” »
In this combo photo, Finance Minister Nirmala Sitharaman and Leader of the Opposition in the Rajya Sabha Mallikarjun Kharge speak in the House on July 24, 2024. Photo: Sansad TV via PTI In both Houses of Parliament, the Opposition attacked the government, accusing it of presenting a “discriminatory budget” that excluded the non-National Democratic Alliance…
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Trinamool MP Abhishek Banerjee hit out at the Centre today during the discussion on Budget New Delhi: The discussion on Budget 2024 in Lok Sabha today witnessed a sharp exchange between Speaker Om Birla and Trinamool Congress MP Abhishek Banerjee, when the latter claimed that the House did not discuss the three farm laws that…
Read More “Om Birla vs Abhishek Banerjee In Lok Sabha As Trinamool Shreds Budget 2024” »