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PM Modi said his government has focused on reducing the tax burden. Prime Minister Narendra Modi today said the Union Budget 2024 will benefit all sections of society and lay the foundation for a developed India. “This Budget will empower all sections of the society. It will benefit gaon, gareeb, kisaan (village, poor, and farmers)….
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…
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…
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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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…
The stock markets are volatile as FM Nirmala Sitharaman presented the Union Budget on July 23. File | Photo Credit: ANI Benchmark Sensex and Nifty settled marginally lower in volatile trade on July 23 as the government proposed to hike securities transaction tax on futures & options in the budget for 2024-25. Recovering most of…
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Updated – July 23, 2024 11:50 am IST Published – July 23, 2024 11:41 am IST Union Finance Minister Nirmala Sitharaman along with Finance Secretary T V Somanathan displays a red pouch carrying the Budget documents after she arrived at the Parliament to present the Union Budget 2024-25, in New Delhi, on, July 23, 2024….
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The government has doubled the upper limit of loans under the Mudra scheme, Finance Minister Nirmala Sitharaman announced while presenting the Budget 2024 today. She also announced a new mechanism for facilitating continuation of bank credit to MSMEs during their stress period. Micro, Small, and Medium Enterprises (MSMEs) will now be able to avail loans…
Read More “Credit Support For MSMEs, Mudra Loans Limit To Be Enhanced To Rs 20 Lakh” »
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…
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…