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Tag: Sitharaman Budget 2024

Budget 2024: FM Nirmala Sitharaman says fiscal deficit for FY25 estimated to be 4.9% of GDP

Posted on July 23, 2024 By admin
Budget 2024: FM Nirmala Sitharaman says fiscal deficit for FY25 estimated to be 4.9% of GDP

Image used for representation purpose only. | Photo Credit: Reuters Finance Minister Nirmala Sitharaman, in her Budget speech on July 23, said the fiscal deficit for 2024-25 is estimated at 4.9% of GDP. Presenting the Union Budget for 2024-25, she said the government aims to reach a 4.5% fiscal deficit in 2025-26. Click here for…

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Budget 2024 Highlights on income tax: FM Sitharaman revises personal income tax slabs; taxation rates remain unchanged

Posted on July 23, 2024 By admin
Budget 2024 Highlights on income tax: FM Sitharaman revises personal income tax slabs; taxation rates remain unchanged

Finance Minister Nirmala Sitharaman has changed the income tax slabs for the new tax regime which is likely to benefit taxpayers. Finance Minister Nirmala Sitharaman in her seventh Budget speech on July 23 revised the tax slabs under the new regime. She told the House that as a result of these changes, a salaried employee…

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Budget 2024: FM Sithraman says India to prepare climate finance taxonomy

Posted on July 23, 2024 By admin
Budget 2024: FM Sithraman says India to prepare climate finance taxonomy

The government will develop a taxonomy for climate finance, Union Finance Minister Nirmala Sitharaman said in her Budget speech, in New Delhi on July 23, 2024. File (representational image) | Photo Credit: AP The government will develop a taxonomy for climate finance to help improve the availability of funds for adapting to climate change and…

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