Tag: union budget nirmala sitharaman

Budget focussed on driving growth, inclusive development: Sitharaman

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Budget focussed on driving growth, inclusive development: Sitharaman

Union Minister for Finance and Corporate Affairs Nirmala Sitharaman along with the Ministers of State for Finance Pankaj Chaudhary and team members of Finance, outside the her office at North Block in New Delhi on Saturday. Finance Minister to be general budget 2025-26, in the Parliament, February 01, 2025. | Photo Credit: SHIV KUMAR PUSHPAKAR…

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Govt said to plan raise in rural housing subsidies by 50% after election setback

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Govt said to plan raise in rural housing subsidies by 50% after election setback

Under the PM Awas Yojna (Rural) housing scheme, the government aims to facilitate construction of an additional 20 million houses over the next few years. File. | Photo Credit: Ranjeet Kumar India plans to increase state subsidies on rural housing in the upcoming Union Budget by as much as 50% from the previous year to…

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Healthcare sector demands incentives and increased allocations in upcoming Budget

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Healthcare sector demands incentives and increased allocations in upcoming Budget

In a pre-Budget meeting with Finance Minister Nirmala Sitharaman, players demanded incentives in terms of affordable financing option and cheaper land for setting up hospitals in Tier 3 cities. File. | Photo Credit: ANI The healthcare industry on June 27 demanded incentives and increased allocations for the sector in the upcoming Budget. In a pre-Budget…

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Budget 2023 | Exemptions on high-value life insurance proceeds pruned

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Budget 2023 | Exemptions on high-value life insurance proceeds pruned

Image for representational purpose only. | Photo Credit: The Hindu The Union Budget 2023-24 has proposed to limit the income tax exemption on the proceeds of high value life insurance policies. Mooted as part of an emphasis on better targeting of tax concessions and exemptions, the proposal means that only income from life insurance policies…

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Budget 2023 | Govt to borrow record ₹15.4 lakh crore in FY24 to bridge revenue gap

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Budget 2023 | Govt to borrow record ₹15.4 lakh crore in FY24 to bridge revenue gap

Union Finance Minister Nirmala Sitharaman presents the Union Budget 2023-24 | Photo Credit: PTI The government plans to borrow a record ₹15.4 lakh crore from dated securities in FY24 to meet its expenditure requirement to prop up the economy. This is higher than the total borrowing of ₹14.21 lakh crore for the current financial year…

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