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Union Finance Minister Nirmala Sitharaman. | Photo Credit: PTI The government is likely to introduce amendments to Banking Regulation Act 1949 and other laws to push banking sector reforms during the upcoming Budget session. Apart from this, amendments in the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, and the Banking Companies (Acquisition and…
Congress president Mallikarjun Kharge. File | Photo Credit: ANI Congress president Mallikarjun Kharge on July 12 said that Prime Minister Narendra Modi “used PR” to keep the government away from basic issues but people were now demanding accountability after the June Lok Sabha poll results. Mr. Kharge took a swipe at the Prime Minister, saying…
More tax benefits for health insurance under the new tax regime, relaxation in payment norms for MSMEs and incentives for the agri-tech sector are among the expectations of stakeholders from the first budget of the Modi 3.0 government. Finance Minister Nirmala Sitharaman is scheduled to present the full Budget for fiscal 2024-25 on July 23,…
Read More “Budget 2024: Insurers expect more tax benefits for health insurance in Union budget” »
Prime Minister Narendra Modi addresses a meeting with economists ahead of the Union budget which will be presented on July 23, in New Delhi on July 11, 2024. Union Finance Minister Nirmala Sitharaman is also present. | Photo Credit: ANI Prime Minister Narendra Modi is meeting eminent economists on July 11 to elicit their views…
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Union Minister of Finance and Corporate Affairs Nirmala Sitharaman chairs the eighth Pre-Budget consultation with representatives of the Employment and Skilling division. File. | Photo Credit: PTI Finance Minister Nirmala Sitharaman has concluded consultations with various stakeholders, including representatives of industry and social sectors, as part of the budget preparation exercise. Ms. Sitharaman will present…
Read More “Finance Minister wraps up consultation ahead of FY25 budget” »
Budget session of Parliament will be held from July 22 to August 12, said Union Parliamentary Affairs Minister Kiren Rijiju Union Parliamentary Affairs Minister Kiren Rijiju, on July 6, said that the Budget session of Parliament will be held from July 22 to August 12. Mr. Rijiju added that the Union Budget 2024-25 will be…
Budget 2024: Ms Sitharaman had presented an interim Budget in February. (File) The full Budget for the year 2024-25 will be presented on July 23, with the Parliament session beginning a day earlier, Union Minister Kiren Rijiju announced on Saturday. The Parliamentary Affairs minister said the Budget session will begin on July 22 and is…
Read More “Finance Minister Nirmala Sitharaman To Present Modi 3.0 Budget On July 23” »
Union Finance Minister Nirmala Sitharaman. | Photo Credit: PTI States have urged the Centre to make some improvements in the 50-year interest free loan scheme for pursuing capital investment projects, under which the Union government has proposed to give them ₹1.3 lakh crore this year, the same amount as 2023-24. Ministers from States made suggestions…
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Union Finance Minister Nirmala Sitharaman chairs the pre-Budget meeting with Finance Ministers of all States and Union Territories in New Delhi on June 22, 2024. | Photo Credit: PTI Union Finance Minister Nirmala Sitharaman chaired a pre-budget meeting with Finance Ministers of all States and Union Territories on June 22 to take suggestions for the…
India’s Finance Minister Nirmala Sitharaman during the Vibrant Gujarat Global Summit in Gandhinagar, Gujarat, India, on Thursday, Jan. 11, 2024. | Photo Credit: Bloomberg The Finance Minister presented her sixth budget today. Her announcements ranged from railways, tourism, healthcare, technology, aviation, green energy, aquaculture, housing, and more. With regards to taxation, no changes were announced to…
Read More “Key takeaways from interim Budget 2024-25 in charts” »
