Tag: interim budget 2024

Continued focus on infrastructure, inclusive development

February 2, 2024 admin

Harsh Goenka, Chairman, RPG Group The Finance Minister’s speech during the Vote on Account exudes confidence that our economy is on track to achieve the Hon’ble Prime Minister’s vision of becoming a ‘developed nation’ (Viksit Bharat) by 2047. The budget last year had significantly increased infrastructure spending alongside multiple welfare schemes. The results of the…

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Budget 2024 on welfare schemes: Expenditure cut or remain stagnant, say Left parties

February 2, 2024 admin

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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Viewpoint | Interim Budget 2024

February 1, 2024 admin

The Interim Union Budget 2024, was laid out by Finance Minister Nirmala Sitharaman on February 1, 2024. Source link

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2024 Interim Budget | Biased in favour of rich: Chidambaram

February 1, 2024 admin

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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Watch | What’s in it for the tech sector? | Interim Budget 2024

February 1, 2024 admin

Watch | What’s in it for the tech sector? | Interim Budget 2024 Source link

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Nirmala Sitharaman’s first Interim Budget | Puffed-up and poll-ready

February 1, 2024 admin

Illustration: Soumyadip Sinha Finance Minister Nirmala Sitharaman, presenting her sixth Union Budget and her first Interim Budget, resisted the temptation to hand out dramatic pre-poll sops like the ones unveiled ahead of the 2019 Lok Sabha election, opting instead to bank on the government’s track record and the promise of “unprecedented development” in the next…

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Watch | Highlights of interim budget 2024

February 1, 2024 admin

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…

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Interim Budget enthuses startups with extension of tax expiry exemption by a year

February 1, 2024 admin

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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Government moots ₹1 lakh-crore corpus for research and development in interim Budget

February 1, 2024 admin

Photo used for representation purpose only. Signalling a commitment to research and innovation for India’s “tech-savvy youth,” Finance Minister Nirmala Sitharaman, in her Interim Budget speech on February 1, mentioned a corpus of ₹1 lakh crore, that would be available on ‘minimal or nil interest rates’ to “encourage” the private sector to invest in research…

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Rise in allocation for school, higher education in interim Budget

February 1, 2024 admin

Photo used for representation purpose only. | Photo Credit: K.K. Mustafah The allocation for the departments of Higher Education and School Education, under the Union Education Ministry, has been increased in the Interim Budget presented by Union Finance Minister Nirmala Sitharaman in New Delhi on February 1. Schemes such as PM Schools for Rising India…

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