Tag: Union Budget 2024-25

Economic Survey 2023-24: Government’s initiatives for cleaner coal need to be promoted

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Economic Survey 2023-24: Government’s initiatives for cleaner coal need to be promoted

An auction window is created under the NRS for making coal available for new coal gasification plants | Photo Credit: G. N. Rao The initiatives of the government for cleaner fuel such as coal gasification mission and exploring coal to hydrogen need to be promoted to reduce emission and increase environmental sustainability, the Economic Survey…

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Anticipated allocations around personal taxation from upcoming Budget keeping fiscal deficit in mind

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Anticipated allocations around personal taxation from upcoming Budget keeping fiscal deficit in mind

Photo used for representation purpose only. | Photo Credit: Getty Images/iStock Union Finance Minister Nirmala Sitharaman is set to present Union Budget 2024 on July 23. This will be the first full-year Budget for the new government, now in its third term. The fiscal deficit for FY 2023-24 was 5.63% of GDP with a target…

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Gold loan sector and NBFC reforms needed for true financial inclusion

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Gold loan sector and NBFC reforms needed for true financial inclusion

A gold pledging transaction in progress in the city of Kochi. File | Photo Credit: The Hindu With all eyes on the upcoming Union Budget 2024, there is a noticeable sense of anticipation from the honorable Finance Minister to boost the rural economy with higher allocations and push public capex to bring about a greater…

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Nirmala Sitharaman to table Economic Survey 2024-25 on July 22

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Nirmala Sitharaman to table Economic Survey 2024-25 on July 22

On the first day of the monsoon session of Parliament, on July 22, Union Finance Minister Nirmala Sitharaman will be tabling the Economic Survey 2024-25. File | Photo Credit: PTI Union Finance Minister Nirmala Sitharaman will be tabling the Economic Survey 2024-25 on July 22, the first day of the monsoon session of Parliament. The…

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Logistics industry’s Budget wishlist: Ease of doing business, incentives for green initiatives

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Logistics industry’s Budget wishlist: Ease of doing business, incentives for green initiatives

A view of the industrial and logistics park at Chakan, Pune. | Photo Credit: Special Arrangement Logistics industry is expecting steps that will further improve ease of doing business in the country, incentives and benefits for green initiatives in the sector, among others, in the Union Budget for 2024-25, which is set to be presented…

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Nirmala Sitharaman participates in customary ‘halwa’ ceremony that marks final stage of Budget preparation

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Nirmala Sitharaman participates in customary ‘halwa’ ceremony that marks final stage of Budget preparation

Union Finance Minister Nirmala Sitharaman is seen with Ministry officials during the ‘halwa’ ceremony, which marks the final stage of Budget preparation in New Delhi on July 16, 2024. Photo: X/@FinMinIndia Finance Minister Nirmala Sitharaman on July 16 participated in a traditional ‘halwa’ ceremony, marking the final stage for preparation of Union Budget 2024-25 to…

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Government convenes all-party meeting ahead of Monsoon Session; TMC to skip

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Government convenes all-party meeting ahead of Monsoon Session; TMC to skip

A view of the Parliament building in New Delhi. | Photo Credit: The Hindu Ahead of the Monsoon Session of Parliament which begins on July 22, the Union government has called for an all-party meeting ahead of the Monsoon Session of Parliament, to be held at 11 a.m. on July 21. The Trinamool Congress (TMC)…

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Need a stronger aviation ecosystem to brace for 2X fleet expansion in 5-6 years

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Need a stronger aviation ecosystem to brace for 2X fleet expansion in 5-6 years

Photo used for representation purpose only. | Photo Credit: Reuters The privatisation of Air India leading to the transfer of its ownership by the government to Tata Sons in 2022 and the ensuing transformation plan being undertaken at the airline has triggered a strategic transformation in the country’s airline sector. This was a remarkable milestone…

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Ahead of budget, U.S.-India forum urges Nirmala Sitharaman for stable and predictable tax environment

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Ahead of budget, U.S.-India forum urges Nirmala Sitharaman for stable and predictable tax environment

US-India Strategic Partnership Forum has urged Union Finance Minister Nirmala Sitharaman to ensure a stable and predictable tax environment as she prepares for her annual budget later this month. | Photo Credit: PTI The US-India Strategic Partnership Forum has urged Union Finance Minister Nirmala Sitharaman to ensure a stable and predictable tax environment as she…

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