Tag: Union Budget

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

Posted on By 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,…

Read More “Budget 2024: Insurers expect more tax benefits for health insurance in Union budget” »

Business

Union Budget 2024 Expectations: Keep increasing road-infra spending, frame policies to promote electrification

Posted on By admin

A person uses an Electric Vehicle charging station installed by Greater Hyderabad Municipal Corporation (GHMC) and Telangana Renewable Energy Development Corporation Ltd, in Hyderabad on Thursday, June 20, 2024. | Photo Credit: NAGARA GOPAL The growth of the automotive industry in India has happened because of the excellent road infrastructure which has been created during…

Read More “Union Budget 2024 Expectations: Keep increasing road-infra spending, frame policies to promote electrification” »

Business

Insurers Expect More Tax Benefits For Health Insurance

Posted on By admin

The finance minister is likely to lay out the government’s economic agenda in the budget. New Delhi: 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 stakeholders’ expectations from the first budget of the Modi 3.0 government. Finance…

Read More “Insurers Expect More Tax Benefits For Health Insurance” »

Nation

Impose ‘robot tax’ for AI-induced job loss, RSS-linked Swadeshi Jagran Manch tells FM ahead of budget

Posted on By admin

Union Finance Minister Nirmala Sitharaman holding a folder-case containing the Interim Budget 2024. | Photo Credit: SHIV KUMAR PUSHPAKAR A ‘robot tax’ to cross-subsidise employees who lose jobs because of the adoption of Artificial Intelligence (AI) by their employers is a key item on the budget wishlist of the Swadeshi Jagran Manch (SJM), which is…

Read More “Impose ‘robot tax’ for AI-induced job loss, RSS-linked Swadeshi Jagran Manch tells FM ahead of budget” »

Business

It is time for government to double health budget: former health secretary Sujatha Rao

Posted on By admin

India’s health system is at a crossroads as it needs to, without any further procrastination, build the capacity in all States, particularly the northern States, to cope with the dual burden of disease, writes former health secretary Sujatha Rao. Image for representation purposes only. File | Photo Credit: Pixabay A goal post that consistently shifts…

Read More “It is time for government to double health budget: former health secretary Sujatha Rao” »

Business

Double health budget, lower out-of-pocket spends

Posted on By admin

India’s health system is at a crossroads as it needs to, without any further procrastination, build the capacity in all States, particularly in the northern States, to cope with the burden of disease. Image for representation purposes only. File photo: Pixabay A goal post that consistently shifts is the one related to increasing public health…

Read More “Double health budget, lower out-of-pocket spends” »

Business

Finance Minister wraps up consultation ahead of FY25 budget

Posted on By 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…

Read More “Finance Minister wraps up consultation ahead of FY25 budget” »

Business

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

Posted on By admin

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…

Read More “Govt said to plan raise in rural housing subsidies by 50% after election setback” »

Business

Healthcare sector demands incentives and increased allocations in upcoming Budget

Posted on By admin

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…

Read More “Healthcare sector demands incentives and increased allocations in upcoming Budget” »

Business