Chandrajit Banerjee | Game-changer that will help enable growth with inclusion
3 years, 10 months ago

Chandrajit Banerjee | Game-changer that will help enable growth with inclusion

Deccan Chronicle  

Finance minister Nirmala Sitharaman has presented the Union Budget 2021-22 amidst extraordinarily difficult times created by the Covid-19 pandemic. Further, the disinvestment roadmap, asset monetisation, ensuring simplification, predictability and stability in tax policy, financial sector reform and inclusion, promoting the ease of doing business, steps to increase India’s involvement in global value chains and measures to facilitate innovation, among others, are all moves that will help India get back to its potential growth rate. The rise in capital expenditure in the Budget also underscores the commitment towards improving the quality of fiscal spending by channelising expenditure in productive areas such as physical or social infrastructure. These include setting up a “bad bank” in the form of Asset Reconstruction and Management Company, increasing the FDI limit in the insurance sector to 74 per cent and the proposal to disinvest two public sector banks, the IPO of LIC and one general insurance company in FY22. On the indirect tax front, the reduction in customs duty on certain inputs and raw materials including long products of alloy & non alloy stainless steel, copper scrap, among others, that have seen a sharp price increase in the last few months, is laudable as it will help to keep the prices of the final products competitive.

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Finance Ministry kick-starts Budget 2025-26 preparations; Economic reforms, employment generation in focus
3 months ago

Finance Ministry kick-starts Budget 2025-26 preparations; Economic reforms, employment generation in focus

Live Mint  

India's Finance Ministry is set to begin preparations for the 2025-26 annual budget in October, as the country's economy continues its strong performance, maintaining a 7% growth rate for the fourth consecutive year, PTI reported. The upcoming budget is expected to focus on reforms to further accelerate growth and implement measures to boost job creation and economic demand, as per …

Balanced growth, jobs: FM Defends 2024-25 Union Budget in Rajya Sabha
4 months, 3 weeks ago

Balanced growth, jobs: FM Defends 2024-25 Union Budget in Rajya Sabha

Deccan Chronicle  

New Delhi: Defending the Union Budget for the fiscal year 2024-25, Union finance minister Nirmala Sitharaman on Wednesday called it a fine balance between growth, employment, capital investment and fiscal consolidation, among others. While replying to the discussion on the Union Budget in the Rajya Sabha, Ms Sitharaman said that the Budget has taken into consideration all sectors of the …

Lok Sabha approves Union Budget 2024-25
4 months, 3 weeks ago

Lok Sabha approves Union Budget 2024-25

India TV News  

The Lok Sabha on Tuesday passed the Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman on July 23. The budget was passed following a debate during which, Finance Minister Nirmala Sitharaman spoke about the Central government's goal to narrow the fiscal deficit in coming years. In her budget, Sitharaman mentioned nine priorities including, Productivity and resilience in agriculture, Employment …

Union Budget 2024: Political Uproar Expected in Parliament Today, Watch Video | ABP News
4 months, 4 weeks ago

Union Budget 2024: Political Uproar Expected in Parliament Today, Watch Video | ABP News

ABP News  

Finance Minister Nirmala Sitharaman presented the Union Budget on Tuesday. The biggest relief for millions of new tax regime taxpayers comes in the form of an increase in the standard deduction. During her budget speech, Finance Minister Nirmala Sitharaman emphasized her primary goals of job creation, skill development, support for small industries, and relief for the middle class. Changes in …

Sudhanshu Trivedi Discusses Union Budget 2024, Supriya Shrinate Corners Him With Question
4 months, 4 weeks ago

Sudhanshu Trivedi Discusses Union Budget 2024, Supriya Shrinate Corners Him With Question

ABP News  

Finance Minister Nirmala Sitharaman presented the Union Budget on Tuesday, addressing expectations following Narendra Modi's government securing a third consecutive term. The budget aimed to benefit all economic classes, providing significant relief for new tax regime taxpayers through increased standard deductions. Despite opposition criticism, Sitharaman highlighted significant aid: ₹1.5 lakh crore allocated to all states, three cancer drugs made cheaper, …

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

Union Budget 2024: Top 5 takeaways for salaried persons, job seekers
5 months ago

Union Budget 2024: Top 5 takeaways for salaried persons, job seekers

Hindustan Times  

Budget 2024: Finance minister Nirmala Sitharaman on Tuesday presented the Union Budget 2024-25 during the Monsoon Session of Parliament. Union finance minister Nirmala Sitharaman presents the Union Budget 2024-25 in Lok Sabha in New Delhi on July 23. Hike in standard deduction In the budget, finance minister Nirmala Sitharaman announced an increase in the standard deduction for salaried employees from …

Budget 2024 addresses India's immediate and long-term needs, says Tata Capital CEO
5 months ago

Budget 2024 addresses India's immediate and long-term needs, says Tata Capital CEO

Live Mint  

Finance minister Nirmala Sitharaman presented another balanced budget on Tuesday, one that addressed both the immediate and long-term needs of the country. Higher tax collections – gross tax collections rose 19.5% year-on-year – have give the FM room to allocate funds to numerous schemes that will benefit the poor. Providing free electricity to one crore households under PM Surya Ghar …

Union Budget 2024: A vision for inclusive growth and empowerment
5 months ago

Union Budget 2024: A vision for inclusive growth and empowerment

The Hindu  

The Union Budget presented by the Finance Minister on July 23 embodies an inclusive and progressive vision, effectively addressing the diverse concerns of various sectors of the economy. The Economic Survey tabled in the Parliament on July 22, 2024 points out that the rising youth and women participation in the workforce presents an opportunity to tap the demographic and gender …

Union Budget 2024: A comprehensive pathway to inclusive growth and economic resilience
5 months ago

Union Budget 2024: A comprehensive pathway to inclusive growth and economic resilience

The Hindu  

The Union Budget 2024, presented by Finance Minister Nirmala Sitharaman, represents a significant milestone in India’s ongoing journey towards inclusive growth and economic resilience. With a strategic emphasis on job creation, infrastructure development, support for MSMEs, and affordable housing, this Budget addresses the nation’s critical needs while prudently reducing the fiscal deficit to 4.9%. On the infrastructure front, the Budget …

Union Budget 2024-25: No additional allocation for Chandigarh but curbs on new projects go
5 months ago

Union Budget 2024-25: No additional allocation for Chandigarh but curbs on new projects go

Hindustan Times  

The Budget allocated to Chandigarh, in the Union Budget 2024-25, presented by finance minister Nirmala Sitharaman on Tuesday, remains the same as the interim budget of ₹6,513 crore. A senior officer of the finance department said, “Our budget remains the same but now we can spend money on the announced projects as the cap has been removed.” At ₹6,513 crore, …

Budget 2024’s botched borrowing of ideas leaves India without the impetus it needs
5 months ago

Budget 2024’s botched borrowing of ideas leaves India without the impetus it needs

Hindustan Times  

The Union Budget is not merely a statement of accounts — it is a declaration of the nation’s economic priorities. By this yardstick, this budget reflects poorly on the Narendra Modi-led government and bodes ill for India’s political and economic future. Two key initiatives have been borrowed from the Congress’s Nyay Patra for the 2024 Lok Sabha elections: the internship …

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 …

Union Budget 2024 provides blueprint for a self-reliant, developed India: U.P. CM Yogi
5 months ago

Union Budget 2024 provides blueprint for a self-reliant, developed India: U.P. CM Yogi

Hindustan Times  

Hailing the Union Budget 2024, Uttar Pradesh chief minister Yogi Adityanath on Tuesday said the budget presented under the leadership of PM Narendra Modi will prove to be all-encompassing, all inclusive, and development-oriented, meeting the hopes, aspirations and resolutions of 140 crore Indians. UP chief minister Yogi Adityanath congratulated Union finance minister Nirmala Sitharaman and her team. In a media …

Union Budget evokes mixed response from Andhra’s political leaders, industry bodies
5 months ago

Union Budget evokes mixed response from Andhra’s political leaders, industry bodies

The Hindu  

The Union Budget-2024, presented by Finance Minister Nirmala Sitharaman in the Lok Sabha on July 23, has evoked mixed response from political parties, trade unions and trade bodies. ‘No clarity on funds’ CPI State secretariat member K. Lokanadham said that the Union budget had ‘once again deceived A.P.’ by failing to give clarity on the amount of funds allocated to …

'Directionless, Biased Towards Bihar, Andhra': Mamata Banerjee Slams Union Budget 2024
5 months ago

'Directionless, Biased Towards Bihar, Andhra': Mamata Banerjee Slams Union Budget 2024

ABP News  

West Bengal Chief Minister Mamata Banerjee joined the chorus against the Union Budget 2024, calling it "directionless" and "an attempt to make NDA partners happy". Calling it "anti-people, anti-poor budget," the Trinamool Congress chief said that budget posed as just another example of how the Prime Minister Narendra Modi-led government "constantly deprives" West Bengal. यह जनविरोधी, गरीबविरोधी बजट है, यह …

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 …

‘Against the people of Karnataka’: DK Shivakumar slams Nirmala Sitharaman's Union Budget 2024
5 months ago

‘Against the people of Karnataka’: DK Shivakumar slams Nirmala Sitharaman's Union Budget 2024

Hindustan Times  

The Congress government in Karnataka has expressed dissatisfaction with finance minister Nirmala Sitharaman’s budget presentation and said that the southern state has been ignored totally. ‘Against the people of Karnataka’: DK Shivakumar slams Nirmala Sitharaman's Union Budget 2024 Speaking to reporters on Tuesday, DK Shivakumar said, “We have high respect for the finance minister and expected funds to finish the …

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 …

Rahul Gandhi slams Nirmala Sitharaman's Budget: 'To appease...'
5 months ago

Rahul Gandhi slams Nirmala Sitharaman's Budget: 'To appease...'

Hindustan Times  

Leader of Opposition Rahul Gandhi on Tuesday slammed finance minister Nirmala Sitharaman's Union Budget, saying it was aimed at appeasing the BJP's allies and "cronies". The Congress leader described the document as the "Kursi Bachao" Budget and alleged that it was copied from the Congress party's Lok Sabha polls manifesto. Congress leader Jairam Ramesh said the employment scheme was "designed …

Budget 2024 is growth-oriented, welfare-centric, people-friendly: Annamalai
5 months ago

Budget 2024 is growth-oriented, welfare-centric, people-friendly: Annamalai

The Hindu  

The Union Budget 2024 is growth-oriented, welfare-centric and people-friendly. It strengthens the road map towards a Viksit Bharat by 2047, said BJP Tamil Nadu president K. Annamalai on Tuesday, July 23, 2024. In a social media post on X, Mr. Annamalai said Budgetary announcements, including the Transit Oriented Development Plans in 14 large cities with a population above 30 lakh, …

Budget 2024-25 CAPEX: ₹11 lakh crore allocated towards capital expenditure, 3.4% of GDP by FM Nirmala Sitharaman
5 months ago

Budget 2024-25 CAPEX: ₹11 lakh crore allocated towards capital expenditure, 3.4% of GDP by FM Nirmala Sitharaman

The Hindu  

In her seventh budget presentation, Finance Minister Nirmala Sitharaman announced allocating Rs 11 lakh, 11 thousand and 111 crore towards capital expenditure. She further urged, “We will encourage states to provide support of similar scale for infrastructure development based on their priorities.” The finance minister stated that private investment in infrastructure will be promoted through Viability Gap Funding and a …

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: FM Nirmala Sitharaman lays out nine priorities of the Modi govt
5 months ago

Budget 2024: FM Nirmala Sitharaman lays out nine priorities of the Modi govt

Op India  

Finance Minister Nirmala Sitharaman, in her seventh consecutive Union Budget for 2024-25, outlined key priorities aimed at fostering economic growth and creating ample opportunities. She listed productivity and resilience in agriculture, employment and skilling, inclusive human resource development and social justice, manufacturing and services, urban development, energy security, infrastructure, innovation, research and development and next-generation reforms as nine priority areas …

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 …

Budget 2024: Key announcements by Finance Minister Nirmala Sitharaman
5 months ago

Budget 2024: Key announcements by Finance Minister Nirmala Sitharaman

India TV News  

Budget 2024: Union Finance Minister Nirmala Sitharaman, on Tuesday, July 23, 2024, presented the first budget of the Modi government 3.0, after it was re-elected to power for the third consecutive time, in the 2024 Lok Sabha elections. Union Finance Minister Nirmala Sitharaman said, "As mentioned in the interim Budget, we need to focus on 4 different castes, the poor, …

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: 'This is Not Modi Government's Budget, But NDA's Budget,' Says Shiv Sena MP Sanjay Raut
5 months ago

Union Budget 2024: 'This is Not Modi Government's Budget, But NDA's Budget,' Says Shiv Sena MP Sanjay Raut

ABP News  

Shiv Sena MP Sanjay Raut has made a noteworthy statement regarding the upcoming budget. Raut's remarks highlight the political dynamics at play, especially with the inclusion of influential leaders like Nitish Kumar and Chandrababu Naidu within the NDA alliance. The anticipation surrounding the budget is high, and Raut's comments underscore the expectations from the NDA government to deliver a budget …

Budget 2024: These five pieces you can’t miss
5 months ago

Budget 2024: These five pieces you can’t miss

Live Mint  

Mint brings you five curated pieces on the Budget. Budget: The election outcome and voter concerns can offer Sitharaman some clues Rajrishi Singhal discusses the potential impact of the recent Lok Sabha election results on the Union Budget. With the Bharatiya Janata Party losing significant ground, key considerations may include the resurgence of state-specific voting patterns, the need for increased …

Union Cabinet headed by PM Modi approves Nirmala Sitharaman's Union Budget
5 months ago

Union Cabinet headed by PM Modi approves Nirmala Sitharaman's Union Budget

India TV News  

Union Cabinet headed by Prime Minister Narendra Modi on Tuesday approved the Union Budget ahead of its presentation by Finance Minister Nirmala Sitharaman. Following this, Finance Minister Nirmala Sitharaman will present her seventh budget in the Lok Sabha. On Monday, Prime Minister said the Economic Survey highlighted the prevailing strengths of the economy and identifies areas for further growth and …

India's budget highlights job creation, rural growth
5 months ago

India's budget highlights job creation, rural growth

China Daily  

This file photo shows Indian Prime Minister Narendra Modi addressing the media to stake claim to form the new government at the Presidential Palace in New Delhi, India on June 7. Indian Prime Minister Narendra Modi's newly formed government unveiled an annual budget on Tuesday to the Indian Parliament with a proposal to significantly increase spending for job creation and …

Nitish hails Union Budget, says special care taken to address Bihar's needs
5 months ago

Nitish hails Union Budget, says special care taken to address Bihar's needs

New Indian Express  

PATNA: Bihar Chief Minister Nitish Kumar on Tuesday said that the Union Budget for the year 2024-25 was positive and commendable and also extended special thanks to Prime Minister Narendra Modi and Union Finance Minister Nirmala Sitharaman for taking special care of the state’s needs in the budget. Talking to media persons, Nitish said, “The announcements made for Bihar in …

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 …

Nirmala Sitharaman's upcoming Budget: What to expect
5 months, 1 week ago

Nirmala Sitharaman's upcoming Budget: What to expect

India Today  

On July 23, Finance Minister Nirmala Sitharaman will present the Budget for the fiscal year ending March 2025. POINTS TO WATCH IN BUDGET ANNOUNCEMENT Fiscal deficit target: Despite political pressures, the government is committed to maintaining a fiscal deficit target of 5.1 per cent of the GDP. This means they aim to keep the gap between their spending and income …

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 …

Modi Meets Economists Ahead of Crucial Union Budget
5 months, 1 week ago

Modi Meets Economists Ahead of Crucial Union Budget

Deccan Chronicle  

New Delhi: After the Russia-Austria tour, Prime Minister Narendra Modi on Thursday met leading economists, less than two weeks ahead of the Centre’s Union Budget. “Finance minister Nirmala Sitharaman, industry experts and economists, including Niti Aayog vice-chairman Suman Bery, discussed all the important policy issues involved in the Indian economy, including new and pending reforms as well as fiscal strategies …

Budget 2024: PM Modi meets economists ahead of Budget
5 months, 1 week ago

Budget 2024: PM Modi meets economists ahead of Budget

The Hindu  

Prime Minister Narendra Modi is meeting eminent economists on July 11 to elicit their views and suggestions for the upcoming Budget, a senior government official said. Union Finance Minister Nirmala Sitharaman is scheduled to present the Budget for 2024-25 in the Lok Sabha on July 23. Finance Minister Sitharaman, Planning Minister Rao Inderjit Singh, Chief Economic Advisor V. Anantha Nageswaran …

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 …

Finance minister wraps up consultations, FY25 budget to be presented on Jul 23
5 months, 2 weeks ago

Finance minister wraps up consultations, FY25 budget to be presented on Jul 23

Deccan Chronicle  

New Delhi: Finance Minister Nirmala Sitharaman has concluded consultations with various stakeholders, including representatives of industry and social sectors, as part of the budget preparation exercise. Last month, President Droupadi Murmu, while delivering her address to the joint sitting of Parliament, had said that many historic steps and major economic decisions will be taken in the upcoming budget session. In …

Nirmala Sitharaman likely to present Full Budget on July 24
5 months, 3 weeks ago

Nirmala Sitharaman likely to present Full Budget on July 24

Hindustan Times  

Finance minister Nirmala Sitharaman may present full Budget for 2024-25 on July 24 in the Monsoon Session of the Parliament, a report claimed. This comes as President Droupadi Murmu in her address to the joint session of Parliament said the first budget of the Narendra Modi 3.0 government will unveil far-reaching economic and social reforms for rapid development. A stable …

No cuts in Interim Budget allocations: Nirmala
10 months, 2 weeks ago

No cuts in Interim Budget allocations: Nirmala

Deccan Chronicle  

New Delhi: Exuding confidence in India’s economic growth, Union finance minister Nirmala Sitharaman on Wednesday said that all the allocations have not been cut under any head in the interim Budget for 2024-25, rather it has either remained the same or gone up in FY25 Budget in the flagship schemes. Meanwhile, the Lok Sabha also passed the Rs 47.66-lakh-crore interim …

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, …

Uttar Pradesh to benefit most from interim budget, says state’s finance minister Suresh Khanna
10 months, 3 weeks ago

Uttar Pradesh to benefit most from interim budget, says state’s finance minister Suresh Khanna

Hindustan Times  

Uttar Pradesh is likely to get ₹2,18,816.84 crore as its share in central taxes in the financial year 2024-25, the state’s minister for finance Suresh Khanna said here after Union finance minister Nirmala Sitharaman presented the interim budget in Parliament on Thursday. Suresh Khanna said Uttar Pradesh will benefit the most from the interim budget as the state will have …

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: Inclusive development, future growth themes of Sitharaman’s speech
10 months, 3 weeks ago

Budget 2024: Inclusive development, future growth themes of Sitharaman’s speech

Live Mint  

New Delhi: Inclusive development and the National Democratic Alliance’s growth agenda for the future have emerged as the central theme of finance minister Nirmala Sitharaman’s interim budget for FY25. Social justice and inclusive growth will be an effective and necessary governance model for the NDA government, Sitharaman said in her speech, calling it secularism in action. Mint reported on 1 …

Budget 2024: What ‘GDP’, ‘Disha Nirdeshak Baatein’ stand for in today’s budget?
10 months, 3 weeks ago

Budget 2024: What ‘GDP’, ‘Disha Nirdeshak Baatein’ stand for in today’s budget?

Live Mint  

Budget 2024: Finance Minister Nirmala Sitharaman highlighted in a post-budget press conference that she wants to drawn attention to ‘GDP’, abbreviating it to ‘governance, development and performance’ as the backdrop of Interim Budget 2024. ‘’India has seen three consecutive years of seven percent growth, Sitharaman said, while highlighting the government's performance over the last 10 years. ‘’The fiscal deficit target …

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. …

Interim Budget 2024-2025 documents presented by FM Nirmala Sitharaman
10 months, 3 weeks ago

Interim Budget 2024-2025 documents presented by FM Nirmala Sitharaman

The Hindu  

Finance Minister Nirmala Sitharaman presented the Interim Budget 2024-2025 in the Lok Sabha on February 1. Highlighting the achievements of the Modi Government for the past 10 years, Ms. Sitharaman left the tax slabs unchanged and stuck to the convention of not making any major announcements while presenting the interim Budget. The Interim Budget 2024-25 will be a vote-on-account that …

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