How Will Budget 2024 Impact The Aam Aadmi?
4 months, 4 weeks ago

How Will Budget 2024 Impact The Aam Aadmi?

ABP News  

Union Budget 2024: Every year, when the day of the budget comes near, the middle class, or tax-paying citizens of India, fix their eyes on the government. New Income Tax Slabs The following are the new income tax slabs that Budget 2024 proposes: Up to Rs 3 lakh: Nil Rs 300,001 to Rs 7 lakh: 5% Rs 700,001 to Rs 10 lakh: 10% Rs 100,001 to Rs 12 lakh: 15% Rs 120,001 to Rs 15 lakh: 20% Above Rs 15 lakh: 30% Furthermore, under the new regime, the standard deduction has increased from Rs 50,000 to Rs 75,000, and the deduction on pensioners' family pensions has increased from Rs 15,000 to Rs 25,000. Budget 2024: Cheaper And Pocket-Friendly Clothes and shoes X-ray equipment Electric cars and lithium batteries Copper and leather goods Solar sets Mobile phones, parts, batteries, and chargers 25 essential minerals Cancer medicines Gold, silver, and platinum jewellery Fish and fish products Budget 2024: Costlier And Expensive Specific telecom equipment Plastic goods Budget 2024: Job Market And Job-Seekers To meet the demands of an expanding workforce, the Indian economy must create almost 7.85 million jobs annually until 2030. Budget 2024: Home Buyers And Renters With an investment of Rs 10 trillion, PM Awas Yojana 2.0, which aims to address the housing needs of 1 crore urban poor and middle-class families, received major investments from the Budget. Budget 2024: Free Power And Electricity Ten million households will receive up to 300 units of free electricity per month under PM Surya Ghar Muft Bijli Yojana.

India Tax Budget 2024 Million Lakh New Hires  2024  rs  budget  tax  impact  anticipated  aadmi  million  lakh  loans  aam  youth  income

History of this topic

Budget 2024: Prioritising inclusivity and fiscal prudence
4 months, 4 weeks ago

Budget 2024: Prioritising inclusivity and fiscal prudence

The Hindu  

There was a lot of anticipation before this Budget. As the first major public policy announcement of the new government, it was expected that the Budget would lay down a plan of action for the following five years of the government’s approach towards the larger national vision of Viksit Bharat@2047. With the nine priority areas that followed, she articulated the …

Union Budget 2024: INDIA Alliance to Protest Against Budget Today | ABP News
4 months, 4 weeks ago

Union Budget 2024: INDIA Alliance to Protest Against Budget Today | ABP News

ABP News  

Nirmala Sitharaman: On Tuesday, Finance Minister Nirmala Sitharaman presented the Union Budget. Key highlights include increased standard deductions and expanded benefits for new tax regime taxpayers, though some disappointment exists over higher short-term and long-term capital gains taxes and the removal of indexation benefits. The budget also targets job creation, skill development, and support for small businesses, with incentives for …

Budget 2024: Placing thrust on infrastructure
4 months, 4 weeks ago

Budget 2024: Placing thrust on infrastructure

The Hindu  

Finance Minister Nirmala Sitharaman accelerated the government’s thrust on the crucial infrastructure sector in her seventh successive Budget presentation and the first of PM Modi’s third term. A massive expansion in urban housing at an investment of ₹10 lakh crore, a rural roads programme worth ₹26,000 crore are among the major features of the big infrastructure push. The Indian economy’s …

Budget 2024: Government keeps focus on critical areas
5 months ago

Budget 2024: Government keeps focus on critical areas

The Hindu  

The world is witnessing unprecedented disruptions and uncertainty. To avail of these opportunities, multiple steps were necessary: strong capital expenditure and infrastructure push by the Indian government; significant support to small and medium enterprises; job creation and skill development; and enhancing the purchasing power of both urban and rural Indian consumers. The announcements by the Finance Minister of schemes such …

Budget 2024: Centre to launch PM Janjatiya Unnat Gram Abhiyaan for tribal welfare
5 months ago

Budget 2024: Centre to launch PM Janjatiya Unnat Gram Abhiyaan for tribal welfare

The Hindu  

Finance Minister Nirmala Sitharaman on July 23 announced that the Union government will launch the PM - Janjatiya Unnat Gram Abhiyaan with an aim at achieving full saturation of basic facilities among five crore Scheduled Tribe families across 63,000 villages in tribal-majority areas and aspirational districts. This came as the government allocated ₹13,000 crore in the Budget Estimate for the …

Budget 2024: The Indian middle class expected more
5 months ago

Budget 2024: The Indian middle class expected more

Hindustan Times  

Budget 2024 came at a rare moment in the history of Indian budgets. Mostly aimed at first time workers, the government is willing to spend money to move people into formal employment as reflected in the Employees Provident Fund Organisation employment numbers. From 35,000 feet, the Budget 2024 story is this: The government will continue to tax the top 10% …

The budget echoes the Developed India vision
5 months ago

The budget echoes the Developed India vision

Hindustan Times  

Finance minister Nirmala Sitharaman has meticulously assessed India’s economic vitality. New Delhi, India - July 23, 2024: Union Finance Minister Nirmala Sitharaman during Post Budget Press Conference at National Media Centre, in New Delhi, India, on Tuesday, July 23, 2024. Budget 2024 unveiled a comprehensive strategy built on nine foundational pillars — agriculture, employment, inclusive development, manufacturing and services, urban …

What's in Budget 2024 for students, women and professionals | A quick guide
5 months ago

What's in Budget 2024 for students, women and professionals | A quick guide

India Today  

Budget 2024-25, presented by Finance Minister Nirmala Sitharaman on Tuesday, has something for almost everyone. LOANS UP TO RS 10 LAKH FOR STUDENTS To assist students who have not been benefitted under any government initiatives, Budget 2024 has provision for financial support for loans of up to Rs 10 lakh. For promoting women-led development, the Budget carries an allocation of …

Union Budget 2024: Here Are The Major Announcements From FM Sitharaman
5 months ago

Union Budget 2024: Here Are The Major Announcements From FM Sitharaman

ABP News  

Union Budget 2024: Finance Minister Nirmala Sitharaman presented the Union Budget for the fiscal year 2024-25 on Tuesday. Budget 2024 announced an increase in the deduction for Employer National Pension Scheme contributions to 14 per cent. The revised borrowing target is Rs 14.01 lakh crore, down from the Rs 14.13 lakh crore previously announced in the interim budget. The capital …

Union Budget 2024: Sector-Wise Allocation Puts Defence At The Top. Full Details Inside
5 months ago

Union Budget 2024: Sector-Wise Allocation Puts Defence At The Top. Full Details Inside

ABP News  

Budget 2024: Finance Minister Nirmala Sitharaman presented the Union Budget 2024 on Tuesday in Parliament. Defence: For FY25, the defence sector will receive an allocation of Rs 6.21 lakh crore, according to Finance Minister Nirmala Sitharaman. Education: During the presentation of the Budget 2024 on Tuesday, Finance Minister Nirmala Sitharaman declared that the central government would allocate Rs 1.48 lakh …

Budget 2024: Just a political exercise to protect interests of Modi govt, says Kerala Finance Minister
5 months ago

Budget 2024: Just a political exercise to protect interests of Modi govt, says Kerala Finance Minister

The Hindu  

Kerala Finance Minister K. N. Balagopal on July 23 slammed the 2024-25 Union Budget, calling it a “gimmick” and a “political exercise” solely intended to protect the interests of the BJP-led NDA government. “While the BJP opened its account in Kerala, Kerala’s account has been closed,” Mr. Balagopal remarked, in an apparent reference to the BJP candidate Suresh Gopi’s win …

Budget 2024: How will it impact the common people and consumers? CHECK here
5 months ago

Budget 2024: How will it impact the common people and consumers? CHECK here

India TV News  

Budget 2024: Finance Minister Nirmala Sitharaman on Tuesday announced the Union Budget 2024-25, with nine outlined priorities in agriculture, employment and skilling, manufacturing and services, human resource development, urban development, energy security and more. Sitharaman announced Prime Minister Narendra Modi's package of five schemes for employment, skilling and other opportunities for employment, skilling and other opportunities for 4.1 crore youth …

Union Budget 2024: Where does Centre spend the most money?
5 months ago

Union Budget 2024: Where does Centre spend the most money?

Hindustan Times  

Union finance minister Nirmala Sitharaman presented Union Budget in Parliament of Tuesday. Union Budget 2024: Union finance minister Nirmala Sitharaman with the Budget tablet arrives at the Parliament to present the Union Budget 2024-25 during the Monsoon Session, in New Delhi on Tuesday. "The fiscal consolidation path announced by me in 2021 has served our economy very well, and we …

Budget 2024: Govt to connect 25,000 more villages in phase 4 of rural roads scheme
5 months ago

Budget 2024: Govt to connect 25,000 more villages in phase 4 of rural roads scheme

Live Mint  

New Delhi: Finance minister Nirmala Sitharaman said in her budget speech on Tuesday that the government would look to improve all-weather connectivity to 25,000 rural habitations by launching phase 4 of the Pradhan Mantri Grameen Sadak Yojana, which aims to link India’s hinterland with major economic centres. The government is expected to expand the definition of “rural habitations” in phase …

Budget 2024: Modi govt reduces fiscal deficit target to 4.9 per cent of GDP for FY25
5 months ago

Budget 2024: Modi govt reduces fiscal deficit target to 4.9 per cent of GDP for FY25

India TV News  

Union Budget 2024: In her presentation of the Union Budget for the fiscal year 2024-25, Union Finance Minister Nirmala Sitharaman announced a fiscal deficit target of 4.9 per cent of the gross domestic product. This marks a significant reduction from the target set in the Interim Budget presented on February 1, which pegged the fiscal deficit at 5.1 per cent …

What Budget means for taxpayers: 10 points
5 months ago

What Budget means for taxpayers: 10 points

Hindustan Times  

Finance Minister Nirmala Sitharaman on Tuesday announced a major relief for the subscribers of the new income tax regime. Nirmala Sitharaman announced the government has increased the income tax standard deduction for those who opted for the new regime. "For those opting for the new tax regime, the standard deduction for salaried employees to be increased from ₹ 50,000 to …

Budget 2024: Nirmala Sitharaman announces financial aid for student loans up to ₹10 lakh
5 months ago

Budget 2024: Nirmala Sitharaman announces financial aid for student loans up to ₹10 lakh

Hindustan Times  

Union finance minister Nirmala Sitharaman announced that the Narendra Modi government will offer financial support for loans up to ₹10 lakh for higher education in domestic institutions. Union Budget 2024: People watch Union Budget being presented by finance minister Nirmala Sitharaman in the Parliament on television screen at TV showroom, at Dadar, in Mumbai. Follow- Budget 2024 Live Updates "For …

Union Budget 2024 India: Sitharaman Announces 5 Schemes Focusing On 4.1 Crore Youth Over Next 5 Years
5 months ago

Union Budget 2024 India: Sitharaman Announces 5 Schemes Focusing On 4.1 Crore Youth Over Next 5 Years

ABP News  

Union Budget 2024 India: Finance Minister Nirmala Sitharaman in her announcement during the Budget speech revealed that the Modi 3.0 government will launch five major schemes focusing on 4.1 crore youth over the next five years, with a substantial central outlay of Rs 2 lakh crore. The Finance Minister emphasized that 20 lakh youth will receive training and skill development …

Union Budget 2024: 7 key figures to gauge Indian economy's health under Sitharaman
5 months ago

Union Budget 2024: 7 key figures to gauge Indian economy's health under Sitharaman

Hindustan Times  

Union finance minister Nirmala Sitharaman presents the Union Budget 2024 in Parliament today, marking her seventh consecutive budget, surpassing the late Morarji Desai's record of six. Follow- Budget 2024 Live Updates Key numbers to watch for the first full Budget of Modi 3.0 Fiscal Deficit: • The budgeted fiscal deficit for the current fiscal year is projected at 5.1%, down …

Union Budget 2024: What politicians expect - addressing unemployment and inflation issues, increasing fund assistance
5 months ago

Union Budget 2024: What politicians expect - addressing unemployment and inflation issues, increasing fund assistance

Live Mint  

Union Budget 2024: Finance Minister Nirmala Sitharaman will present the Union Budget for 2024-2025 in Parliament today, July 23, 2024, at 11:00 a.m. Minutes before the unveiling of the Union Budget, Shiv Sena MP Priyanka Chaturvedi told ANI, “I hope Nirmala Sitharaman ji will provide some relief from rising inflation and unemployment and the government will talk about 'Jan ki …

Union Budget 2024 Highlights: Record High Capex In Budget Will Drive The Economy, Says PM Modi
5 months ago

Union Budget 2024 Highlights: Record High Capex In Budget Will Drive The Economy, Says PM Modi

ABP News  

Union Budget 2024 Highlights: Hello and welcome to ABP Live's Budget 2024 LIVE blog. Budget 2024 Live GDP Growth Rate: On Monday, the FM presented the Economic Survey ahead of the final Budget and set the focus points for the nation ahead. Union Budget 2024 Trade And Hirings: The survey projected a positive outlook for global trade in 2024 as …

Income Tax Budget Highlights: Govt proposes tax cuts, more standard deduction
5 months ago

Income Tax Budget Highlights: Govt proposes tax cuts, more standard deduction

Hindustan Times  

New Tax Regime LIVE updates: Union Finance Minister Nirmala Sitharaman presents the Union Budget 2024-25 in Lok Sabha, in New Delhi, Tuesday, July 23, 2024. New Tax Regime Highlights: Union finance minister Nirmala Sitharaman presented her seventh consecutive Budget amid expectations from the middle class for relief at the tax front. Moreover, the efficiency of tax collection has improved over …

Budget 2024 HIGHLIGHTS: Andhra Pradesh, Bihar major gainers; special focus on jobs, new tax regime
5 months ago

Budget 2024 HIGHLIGHTS: Andhra Pradesh, Bihar major gainers; special focus on jobs, new tax regime

India TV News  

Uttar Pradesh CM Yogi Adityanath's reaction on Union Budget: "Under the guidance of PM Modi, in the new parliament of the country, the Finance Minister has laid down the general budget of the country which is - inclusive, development-oriented and one which will fulfil the aspirations of 140 cr people. The new tax slabs announced in the budget are welcoming." …

Union Budget 2024: Read Finance Minister Nirmala Sitharaman's full speech
5 months ago

Union Budget 2024: Read Finance Minister Nirmala Sitharaman's full speech

India Today  

Union Finance Minister Nirmala Sitharaman presented the first budget of the Narendra Modi government’s third term on Tuesday in Parliament. Budget Priorities Productivity and resilience in Agriculture Employment & Skilling Inclusive Human Resource Development and Social Justice Manufacturing & Services Urban Development Energy Security Infrastructure Innovation, Research & Development and Next Generation Reforms Subsequent budgets will build on these, and …

Budget 2024 Highlights: FM disappoints investors, rewards (some) taxpayers
5 months ago

Budget 2024 Highlights: FM disappoints investors, rewards (some) taxpayers

Hindustan Times  

July 23, 2024 9:02 PM IST Budget 2024 LIVE Updates: Supriya Paul, CEO & Co- Founder, Josh Talks, said, “The Union Budget 2024-25 represents a significant stride towards Bharat's development. The allocation of ₹1.48 lakh crore towards education, employment, and skills development is a substantial investment. By enhancing the quality of education and training, we are equipping our youth with …

Budget 2024: Date, key timings and what to expect from budget speech
5 months ago

Budget 2024: Date, key timings and what to expect from budget speech

India Today  

The Monsoon session began on Monday, with Finance Minister Nirmala Sitharaman set to present the Union Budget for 2024-25 on July 23, 2024. This will mark her seventh consecutive Budget presentation, surpassing the record of former Prime Minister Morarji Desai, who delivered five consecutive full Budgets and one interim Budget from 1959 to 1964. The Budget 2024 presentation can be …

Budget 2024 Expectations Highlights: Will Govt Bring Changes In Old and New Tax Regimes?
5 months ago

Budget 2024 Expectations Highlights: Will Govt Bring Changes In Old and New Tax Regimes?

News 18  

Union Budget 2024 LIVE: Will FM Will Give Affordable Housing Initiatives? home buyers.” Budget 2024 Expectations Live Updates: Demand For Innovation In Renewable Technologies Anmol Singh Jaggi, Chairman and Managing Director, Gensol Engineering, said; “As India’s energy demand rises, boosting the share of renewables is crucial for energy security and sustainability, the upcoming union budget is expected to focus on …

Sitharaman to present Budget 2024: Understanding the Budget, its impact on India's economy
5 months ago

Sitharaman to present Budget 2024: Understanding the Budget, its impact on India's economy

India TV News  

Finance Minister Nirmala Sitharaman will present the Union Budget 2024–25 on Tuesday, marking the first budget of Prime Minister Narendra Modi's third successive government. By adjusting tax policies and government spending, the budget can incentivize business investments, boost economic activity, and address public needs such as education and healthcare. The presentation of the Union Budget 2024–25 will be a critical …

Budget 2024: Will FM Nirmala Sitharaman fulfill your income tax wishes?
5 months ago

Budget 2024: Will FM Nirmala Sitharaman fulfill your income tax wishes?

India Today  

Finance Minister Nirmala Sitharaman is all set to present the full Budget 2024 on July 23. With various sectors anticipating significant announcements, salaried taxpayers are particularly hopeful for major income tax relief, including changes in the new income tax regime and standard deductions. Despite positive expectations for the budget, significant tax relief for the middle class may not materialise. Sandeep …

Budget 2024 Expectations: Will Nirmala Sitharaman announce tax relief?
5 months ago

Budget 2024 Expectations: Will Nirmala Sitharaman announce tax relief?

Hindustan Times  

July 19, 2024 11:59 AM IST Budget 2024 Expectations Live Updates: Rajat Agrawal - CEO - Barista Coffee, said, “The Indian retail sector stands at a critical juncture, seeking support from the Govt on various counts which renews consumer confidence. Tax Cuts: Planned Reduction in individual income tax rates, especially for middle-income earners, could boost disposable incomes and drive spending. …

Budget 2024: Will Nirmala Sitharaman bring cheer to middle-class with income tax changes?
5 months ago

Budget 2024: Will Nirmala Sitharaman bring cheer to middle-class with income tax changes?

Hindustan Times  

The Union Budget 2024 could provide Income Tax relief for low earners looms large amid rising prices in the country. Experts believe that a reduction in Income Tax could address economic challenges in the country as Finance Minister Nirmala Sitharaman is set to present the Union Budget for the fiscal year 2024-25 on July 23. This change would boost consumption, …

Union Budget 2024: A look at 5 big themes before Sitharaman reveals cards
5 months ago

Union Budget 2024: A look at 5 big themes before Sitharaman reveals cards

Firstpost  

As the country waits with bated breaths for the 2024 Union Budget, here’s a look at some of the big themes experts believe will take centre stage With the completion of the customary Halwa Ceremony, Finance Minister Nirmala Sitharaman is all set to table the 2024 Union Budget. Key themes before Sitharaman shows her cards According to analysts, the following …

Union Budget 2024 Expectations LIVE: Will FM Nirmala Sitharaman Increase Section 80C Deduction Limit?
5 months, 1 week ago

Union Budget 2024 Expectations LIVE: Will FM Nirmala Sitharaman Increase Section 80C Deduction Limit?

News 18  

Budget 2024 Expectations from Education Sector Union Budget 2024 Latest Updates: In the new globalised world, education has become the passport to progress and students across India are looking for opportunities. Budget 2024 Wishlist from Healthcare Sector Union Budget 2024 Latest Updates: Healthcare is a rapidly growing sector in the country but needs attention from the government to ensure access …

Budget 2024: These are 7 demands by government employees' union for Centre
5 months, 2 weeks ago

Budget 2024: These are 7 demands by government employees' union for Centre

Hindustan Times  

The Confederation of Central Government Employees and Workers sent a proposal to the Centre with seven demands ahead of the Union Budget 2024. The union demanded the constitution of the 8th Pay Commission, restoration of the OPS, release of the 18-month dearness allowance and relief which was frozen during the Covid-19 pandemic to employees and pensioners among other things, in …

Odisha CM Majhi to present first budget in June assembly session
6 months ago

Odisha CM Majhi to present first budget in June assembly session

New Indian Express  

BHUBANESWAR: With the BJP government going into functional mode, Chief Minister Mohan Charan Majhi is set to present his first budget in the Assembly session which is likely to be convened in the last week of June. The saffron party sources said the first budget of the Majhi government will be a departure from the existing system of freebies and …

Delhi budget: Special focus on development of roads in rural pockets
10 months, 1 week ago

Delhi budget: Special focus on development of roads in rural pockets

The Hindu  

The AAP government's budget will have special focus on development of roads in rural pockets of the national capital, according to sources in the government. In its budget, the government is likely to propose a project for redevelopment of around 1,000 km of roads in villages for which a four-fold increase in allocation to the development department is expected, the …

Budget 2024 on welfare schemes: Expenditure cut or remain stagnant, say Left parties
10 months, 3 weeks ago

Budget 2024 on welfare schemes: Expenditure cut or remain stagnant, say Left parties

The Hindu  

In a bid to reduce the fiscal deficit, the Union government has cut down on expenditure that has led to welfare schemes and capital expenditure being curtailed and this would negatively impact future growth and economic fundamentals, the CPI said critiquing the 2024 Interim Budget. The Union Budget, the CPI Polit Bureau said in a statement here, reveals the grim …

Interim Budget 2024 — in campaign mode
10 months, 3 weeks ago

Interim Budget 2024 — in campaign mode

The Hindu  

Well before Finance Minister Nirmala Sitharaman rose to present the Interim Budget for 2024-25, there were indications as to what its focus would be. That has been true of this year’s Interim Budget as well, which focused on all the “welfare” schemes, in areas varying from housing to food, which have been largely attributed to the Prime Minister. For example, …

Interim Budget 2024: A little more for all labharathis? Focus on ‘core of core’ schemes
10 months, 3 weeks ago

Interim Budget 2024: A little more for all labharathis? Focus on ‘core of core’ schemes

Hindustan Times  

The interim budget on Tuesday raised allocations to the government’s six so-called “core of core schemes” to ₹1.12 lakh crore for 2024-25 from revised estimates of ₹1.08 lakh crore, an increase of 3%. These core of core centrally In her sixth straight budget, Sitharaman allocated ₹86,000 crore for the make-work MNREGS programme for 2024-25, which is the same as the …

2024 Interm Budget | Allocations for Social Justice and Tribal Affairs Ministries see a marginal increase
10 months, 3 weeks ago

2024 Interm Budget | Allocations for Social Justice and Tribal Affairs Ministries see a marginal increase

The Hindu  

The Estimates presented by Finance Minister Nirmala Sitharaman for financial year 2024-25 on February 1 left the budgets for Social Justice and Tribal Affairs Ministries largely unchanged with marginal increases seen in the estimated allocations for both ministries compared to the FY 2023-24 Budget Estimates. While ₹14,225 crore has been set aside for the Ministry of Social Justice and Empowerment, …

2024 Interim Budget | Allocation for Minority Ministry remains same
10 months, 3 weeks ago

2024 Interim Budget | Allocation for Minority Ministry remains same

The Hindu  

The Budget Estimate for the Union Minority Ministry remain almost unchanged with marginal increase for a couple of schemes and programmes. The budget allocation for the ministry has been increased from ₹3,097.60 crore in the financial year 2023-24 to ₹3,183.24 crore for 2024-25. Budget 2024 updates The budget for Quami Waqf Board Taraqqiati Scheme and Sahari Waqf Sampati Vikas Yojna, …

Budget 2024: It’s tax buoyancy that shrank the deficit
10 months, 3 weeks ago

Budget 2024: It’s tax buoyancy that shrank the deficit

Live Mint  

A quick glance at the fiscal arithmetic reveals that there is no severe fiscal austerity proposed in the budget. Given nominal GDP growth of 10.5% and aggregate tax revenue growth of 11.5%, the government has met its fiscal deficit target through tax buoyancy, and not through severe public expenditure reduction. As against a 2023-24 Budget Estimate of ₹61,000 crore, the …

Key takeaways from interim Budget 2024-25 in charts
10 months, 3 weeks ago

Key takeaways from interim Budget 2024-25 in charts

The Hindu  

The Finance Minister presented her sixth budget today. Budget 2024 live updates Besides this, here are the charts that show key numbers from the interim Budget 2024: Budget at a glance The Finance Minister said that the Revised Estimate of the total receipts other than borrowings is Rs 27.56 lakh crore. Capital Expenditure Capital expenditure outlay was raised to ₹11.1 …

Budget 2024: Spending on rural development increases marginally, but not all schemes benefit | Data
10 months, 3 weeks ago

Budget 2024: Spending on rural development increases marginally, but not all schemes benefit | Data

The Hindu  

February 01, 2024 05:44 pm | Updated 06:58 pm IST In FY25, the government is expected to spend ₹2,65,808 crore on rural development. For instance, in absolute terms, the government is expected to spend ₹86,000 crore in FY25 on the Mahatma Gandhi National Rural Employment Guarantee Act, the same amount when compared with FY24 revised estimates. In FY25, the government …

Budget 2024: Highlights of Finance Minister Nirmala Sitharaman’s Interim Budget
10 months, 3 weeks ago

Budget 2024: Highlights of Finance Minister Nirmala Sitharaman’s Interim Budget

The Hindu  

Finance Minister Nirmala Sitharaman presented the 2024 Interim Budget in Parliament today, ahead of the Lok Sabha elections expected to be held mid-year. On the direct taxation front, Ms. Sitharaman proposed to withdraw outstanding tax demands up to ₹25,000 for the period up to the financial year 2009-10 and up to ₹10,000 for financial years 2010-11 to 2014-15. On the …

Budget 2024: No major change in prices; Check list of what’s cheaper & dearer
10 months, 3 weeks ago

Budget 2024: No major change in prices; Check list of what’s cheaper & dearer

Live Mint  

Finance Minister Nirmala Sitharaman presented the Interim Budget 2024 in the Parliament today, February 1, which kept the major focus on India's macroeconomic growth and fiscal consolidation. Since 2024 is an election year, with Lok Sabha Elections expected in April-May, the finance minister unveiled an Interim Budget or a Vote on Account in February, rather than a comprehensive annual budget. …

Budget 2024: More Power to Infrastructure as Capex Outlay Increased to Rs 11.11 Lakh Crore
10 months, 3 weeks ago

Budget 2024: More Power to Infrastructure as Capex Outlay Increased to Rs 11.11 Lakh Crore

News 18  

Ensuring more power to infrastructure development for economic growth and employment creation, a large sum of Rs 11,11,111 crore has been set aside as the capital expenditure outlay in the interim budget 2024. “Building on the massive tripling of the capital expenditure outlay in the last four years, resulting in a huge multiplier impact on economic growth and employment creation, …

Budget 2024: Govt vows to launch new scheme to bolster deep-tech for defence sector
10 months, 3 weeks ago

Budget 2024: Govt vows to launch new scheme to bolster deep-tech for defence sector

India TV News  

Budget 2024: Union Finance Minister Nirmala Sitharaman on Thursday presented the interim Budget in Parliament ahead of the Lok Sabha elections. In her Budget speech, she said that a new scheme will be launched to bolster deep tech for the defence sector. 'Govt committed to strengthening economy' The Finance Minister said the Modi government stands committed to strengthening and expanding …

Budget 2024: Women, farmers, youth, poor are top priority for NDA
10 months, 3 weeks ago

Budget 2024: Women, farmers, youth, poor are top priority for NDA

Live Mint  

New Delhi: Finance minister Nirmala Sitharaman on Thursday identified women, farmers, youth and the poor as priority segments of society for the NDA government, which is expecting a comeback to power after the national polls this year. “When the poor become empowered partners in the development process, government’s power to assist them also increases manifold.” Farmers are the food providers, …

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