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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…
Finance Minister Nirmala Sitharaman speaks in Parliament during her Budget speech. Finance Minister Nirmala Sitharaman on Tuesday made a host of Bihar-specific announcements in the Union Budget, which include developing sports infrastructure in the state. The announcements, said Ms Sitharaman, are in line to make to make the region an engine to attain ‘Viksit Bharat’…
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New Delhi: Standard deduction in the new tax regime will be increased from Rs 50,000 to Rs 75,000, Finance Minister Nirmala Sitharaman said Tuesday as she announced the 2024 Union Budget. Ms Sitharaman also announced revisions to tax slabs in the new regime. As a result, the Finance Minister told Parliament, salaried employees can save…
New Delhi: Finance Minister Nirmala Sitharaman today announced a major reduction in customs duty on cancer medicines and mobile phones, which will significantly bring down their prices in the retail market. Imported gold, silver, leather goods and seafood will also get cheaper. “The government will exempt 3 more cancer treatment drugs from Customs duty. I…
Budget 2024:Hyderabad ceased to be the capital of Andhra Pradesh on June 2 this year. New Delhi: Presenting her seventh straight budget, Finance Minister Nirmala Sitharaman on Tuesday said Andhra Pradesh will get support of Rs 15,000 crore to develop its capital. TDP Chief Chandrababu Naidu, the chief minister of Andhra Pradesh, is a key…
A month after N Chandrababu Naidu’s TDP and Nitish Kumar’s JDU helped the BJP cobble up a majority to return to power for the third time, the Modi 3.0’s Budget 2024 has earmarked key projects for the two states ruled by its friends in need — Bihar and Andhra Pradesh. Close on the heels of…
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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…
Budget 2024: Minister Pankaj Chaudhary was among the first to arrive at North Block. New Delhi: Minister of State for Finance Pankaj Chaudhary said that the first Union Budget of the third Modi government will be based on his mantra of “Sabka Saath Sabka Vikas.” Finance Minister Nirmala Sitharaman will present the full budget for…
India saw 92 lakh foreign tourist arrivals in 2023, signifying a positive post-pandemic revival, the Chief Economic Advisor has said in the Economic Survey released on July 22. The survey, which was tabled in Parliament, said India’s tourism industry showed positive signs of revival post-pandemic with an year-on-year increase of 43.5%. The hospitality industry has…
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Budget 2024: PM Modi said Nirmala Sitharaman will present a strong budget New Delhi: Finance Minister Nirmala Sitharaman will present her seventh consecutive Budget today – Tuesday, July 23. The Budget for 2024-25 is being considered the action plan for the Modi 3.0 government to outline a roadmap towards India’s development in the next five…