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The share of allocation to IITs in FY26 remained the same as the revised estimates in FY25. | Photo Credit: VELANKANNI RAJ B In FY26, the government is expected to spend ₹50,077.95 crores on higher education. The allocation increased by ₹3,595.6 crore, when compared with the revised estimates for the year FY25. While the allocation…
Finance Minister Nirmala Sitharaman presented her eighth record Budget in the Lok Sabha that comes in the backdrop of growth slowing down to four-year-low of 6.4%. This is the second Budget of the BJP-led NDA Government in its third term in office. Ms. Sitharaman started her speech by saying that this Budget will initiate reforms…
Congress chief ministers will also boycott the NITI Aayog meeting scheduled for July 27. New Delhi: INDIA bloc parties will stage protests in and outside Parliament today against what they describe as “discrimination” against opposition-ruled states in the recently unveiled Union Budget. The high-level meeting saw participation from several prominent leaders, including the Leader of…
Union Budget 2024: FM announces duty cut on mobile phones, PCBA and chargers. | Photo Credit: Haider Ali Khan Union Finance Minister Nirmala Sitharaman, in her Budget speech on July 23, announced a cut on basic custom duty (BCD) to 15% on mobile phones, mobile printed circuit board assembly (PCBA) and mobile chargers. Currently, the BCD…
Union Finance Minister Nirmala Sitharaman with team members shows the Budget paper before leaving for Rashtrapati Bhavan, at North Block in New Delhi on July 23, 2024. | Photo Credit: SHIV KUMAR PUSHPAKAR The Union Cabinet, headed by Prime Minister Narendra Modi, approved the full Budget for 2024-25, sources said. Following this, Finance Minister Nirmala…
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…
Budget breakdown: 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 A sector-wise split of the budgeted expenditure in FY25 shows that of the 26 sectors for which data was analysed, allocation…
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Watch | What’s in it for the Aviation sector? | Interim Budget 2024 Source link
Rural development schemes: Workers engaged in the MNREGS works at Siddharampuram in Anantapur district. | Photo Credit: Prasad RVS In FY25, the government is expected to spend ₹2,65,808 crore on rural development. The allocation marginally increased by ₹26,824 crore, when compared with the revised estimates for the year FY24. However, the increase in the overall…
Higher education Budget allocation: Indian Institute of Technology (IIT) Delhi main gate, in New Delhi. | Photo Credit: Sandeep Saxena In FY25, the government is expected to spend ₹47,619 crores on higher education. The allocation declined by ₹9,624 crore, when compared with the revised estimates for the year FY24. The reduction in overall spending on…