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Tag: interim budget 2024

2024 Interim Budget | Net zero gain for job guarantee scheme

Posted on February 1, 2024 By admin
2024 Interim Budget | Net zero gain for job guarantee scheme

According to some estimates, as on February 1, the Centre owes ₹ 16,000 crores in wages under MGNREGS to the State governments. File | Photo Credit: S. Harpal Singh  With allocation of ₹86,000 crore for the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS), the budget for the scheme for the financial year 2024-25 has…

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Business

Kerala’s ruling front and Opposition slam Centre’s Interim Budget as political exercise in futility

Posted on February 1, 2024 By admin
Kerala’s ruling front and Opposition slam Centre’s Interim Budget as political exercise in futility

Interim Budget 2024 was presented by Union Minister For Finance Nirmala Sitharaman in Parliament on February 1, 2024. (file) | Photo Credit: REUTERS Initial reactions to the Interim Budget 2024 presented by Union Minister For Finance Nirmala Sitharaman in Parliament on February 1 (Thursday) signal a limited political concurrence between Kerala’s ruling front and the…

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Business

2024 Interim Budget | Inclusive, innovative, sign of continuity: PM Modi

Posted on February 1, 2024 By admin
2024 Interim Budget | Inclusive, innovative, sign of continuity: PM Modi

Prime Minister Narendra Modi during the presentation of the Interim Budget 2024 in the Lok Sabha, at Parliament House in New Delhi, Thursday, Feb. 1, 2024. | Photo Credit: PTI Prime Minister Narendra Modi characterised the Interim Budget tabled on Thursday as “inclusive and innovative”, one that “carries the confidence of continuity”, a reference to…

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Business

Green measures announced by Finance Minister in Interim Budget

Posted on February 1, 2024 By admin
Green measures announced by Finance Minister in Interim Budget

Image for representation only | Photo Credit: AP While presenting the interim budget for 2024, Finance Minister Nirmala Sitharaman announced a set of measures to boost the green economy and the blue economy Among other measures pertaining to finance and infrastructure, Finance Minister Nirmala Sitharaman also announced some green initiatives and steps which will be…

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Business

Union Budget | Centre to expand electric vehicle ecosystem to support charging infra

Posted on February 1, 2024 By admin
Union Budget | Centre to expand electric vehicle ecosystem to support charging infra

The government will expand the electric vehicle ecosystem to support charging infra, and e-buses for public transport networks will be encouraged, Finance Minister Nirmala Sitharaman said on Thursday, February 1, 2024. Ms. Sitharaman, in her pre-election Budget, which is technically a vote on account and popularly termed an interim Budget, also said the blending of…

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Business

Budget 2024 Highlights: Interim Budget 2024 Key Highlights

Posted on February 1, 2024 By admin
Budget 2024 Highlights: Interim Budget 2024 Key Highlights

Union Finance Minister Nirmala Sitharaman poses for photographs before presenting the Interim Budget 2024 in New Delhi on February 1, 2024. | Photo Credit: Shiv Kumar Pushpakar FM Nirmala Sitharaman presented the Interim Budget in the Lok Sabha today. Earlier in the morning, the Union Cabinet met and approved the Budget. Also Read |Budget 2024…

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Business

Interim Budget 2024 | Viability gap funding to be provided for 1 GW offshore wind energy: FM Sitharaman

Posted on February 1, 2024 By admin
Interim Budget 2024 | Viability gap funding to be provided for 1 GW offshore wind energy: FM Sitharaman

Representational photo | Photo Credit: Reuters Finance Minister Nirmala Sitharaman announced the Government will provide viability gap funding for 1 GW offshore wind energy on February 1, 2024. The country has a target of 500 GW of renewable energy capacity by 2030. She said the viability gap funding will also be provided for harnessing offshore…

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Business

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

Posted on February 1, 2024 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…

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Business

Interim Budget 2024-2025 documents presented by FM Nirmala Sitharaman

Posted on February 1, 2024 By admin
Interim Budget 2024-2025 documents presented by FM Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman holding a folder-case containing the Interim Budget 2024 at North Block Finance Ministry in New Delhi on February 1, 2024. | Photo Credit: Shiv Kumar Pushpakar Finance Minister Nirmala Sitharaman presented the Interim Budget 2024-2025 in the Lok Sabha on February 1. Highlighting the achievements of the Modi Government for…

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Business

FM withdraws all outstanding direct tax demands upto Rs 25,000, will benefit 1 cr taxpayers

Posted on February 1, 2024 By admin
FM withdraws all outstanding direct tax demands upto Rs 25,000, will benefit 1 cr taxpayers

Image used for representative purpose. File | Photo Credit: MURALI KUMAR K Resolving long-pending tax dispute, Finance Minister Nirmala Sitharaman on Thursday, proposed withdrawing all outstanding direct tax demands upto ₹25,000 from 1962 to 2009-10. In her interim budget speech, she noted that a large number of petty or disputed direct tax demands were burdening…

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