Tag: Union Budget 2024-25

Direct tax mop-up rises 20% to ₹5.74 lakh cr on higher corporate advance tax

July 13, 2024 admin

Photo used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Net direct tax collection grew 19.54% to over ₹5.74 lakh crore so far this fiscal on higher advance tax payment by corporates. The first instalment of advance tax, which was due on June 15, rose 27.34% to ₹1.48 lakh crore. This includes Corporation Income…

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Government may introduce amendments to laws to push banking sector reforms in Budget session

July 12, 2024 admin

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…

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PM Modi should pay attention to basic economic issues of country, says Mallikarjun Kharge

July 12, 2024 admin

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…

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Budget 2024: Insurers expect more tax benefits for health insurance in Union budget

July 12, 2024 admin

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,…

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PM Modi meets economists ahead of Budget for 2024-25

July 11, 2024 admin

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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Finance Minister wraps up consultation ahead of FY25 budget

July 7, 2024 admin

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…

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Budget session of Parliament from July 22

July 6, 2024 admin

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…

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Finance Minister Nirmala Sitharaman To Present Modi 3.0 Budget On July 23

July 6, 2024 admin

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…

Nation

States seek improvements in 50-year interest-free loan scheme

June 22, 2024 admin

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 pre-budget meeting with State Finance Ministers

June 22, 2024 admin

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…

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