Union Budget 2022 | Medium Wave
2 years, 10 months ago

Union Budget 2022 | Medium Wave

The Hindu  

Union Finance Minister Nirmala Sitharaman, presenting her fourth Budget and the second one in a pandemic-hit economy on Tuesday, largely stuck to the broad script from last year, scaling up the wager on public capital spending to revive private investments and job creation through a virtuous growth cycle, while keeping an eye on the country’s macro fiscal health. Contact-intensive services sectors like hospitality that are also languishing under 2019-20 levels, did get a helping hand with the expansion of the existing ₹4.5 lakh crore Emergency Credit Line Guarantee Scheme to ₹5 lakh crore, with the window to avail this support extended by a year till March 2023. Highlights of Union Budget 2022-23 While the Budget marked a continuation of strategy adopted in the last Budget to lift the economy from the COVID lockdown-induced plunge of 2020-21, reflected in the Minister reiterating several measures announced last year with fresh outlays, some silences rankled even as others were heartening. While the economy has shown strong resilience over the past year, the Finance Minister said greater capital spending is needed to sustain the recovery and enhanced the Centre’s capex plan to ₹7.50 lakh crore in 2022-23, which she emphasised is over 2.2 times the outlay in 2019-20.

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History of this topic

Kerala reiterates demand for ₹24,000-cr. special package in Union Budget
4 days, 2 hours ago

Kerala reiterates demand for ₹24,000-cr. special package in Union Budget

The Hindu  

Kerala has reiterated its demand for a ₹24,000-crore special economic package to tide over the “current liquidity stress,” a ₹2,000-crore rehabilitation package for landslides-hit Wayanad, and a special assistance of ₹5,000 crore for the Vizhinjam seaport project in the 2025-26 Union Budget. Several of the demands, including the ₹24,000-crore special package and the ₹5,000-crore aid for Vizhinjam port, had featured …

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 …

Parliament Highlights: Lok Sabha, Rajya Sabha adjourned till 11am tomorrow
4 months, 4 weeks ago

Parliament Highlights: Lok Sabha, Rajya Sabha adjourned till 11am tomorrow

Hindustan Times  

Parliament Monsoon Session 2024 live Updates: The Lok Sabha and Rajya Sabha are discussing the Union Budget. Parliament Monsoon Session 2024 Highlights: The discussion on the Union Budget 2024-25, presented on July 23, continued in both Houses of Parliament on Thursday. The ruling BJP defended the budget, calling it a step toward achieving a 'Viksit Bharat' and claimed it would …

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 …

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: A message of fiscal stability, growth continuity
5 months ago

Budget 2024: A message of fiscal stability, growth continuity

The Hindu  

The FY25 Union Budget has sent out a strong message under the new administration — there remains an unequivocal focus on stability and continuity amidst a new chiselled focus on providing growth a more inclusive character in India. The fiscal deficit, at 5.6% of GDP in FY24, still high compared to pre-COVID-19 pandemic levels, provided the needed growth impetus via …

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 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 …

Union Budget 2024-25 Highlights | Middle Class Tax Cuts, ₹2 Lakh Crore for Jobs, Aid for Bihar and Andhra
5 months ago

Union Budget 2024-25 Highlights | Middle Class Tax Cuts, ₹2 Lakh Crore for Jobs, Aid for Bihar and Andhra

The Hindu  

Published : Jul 23, 2024 18:22 IST - 10 MINS READ Union Finance Minister Nirmala Sitharaman on July 23 announced income tax relief for the middle class, a Rs.2 lakh crore outlay for job creation schemes over the next five years, and a spending splurge for States run by her party’s new coalition partners, the Telugu Desam Party in Andhra …

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 …

Union Budget 2024-25: Census, NPR unlikely in 2024 too as only ₹1,309.46 crore allocated
5 months ago

Union Budget 2024-25: Census, NPR unlikely in 2024 too as only ₹1,309.46 crore allocated

The Hindu  

The Budget 2024-24 on July 23 allocated ₹1,309.46 crore for census, a significant reduction from 2021-22 when ₹3,768 crore was allocated for the decadal exercise, an indication that it may not be carried out even after a significant delay. According to the Budget 2024-25, ₹1,309.46 crore has been allocated for census surveys and statistics, and it was ₹578.29 in 2023-24. …

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 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 …

9 priorities of Union Budget 2024: Energy security to next-gen reforms
5 months ago

9 priorities of Union Budget 2024: Energy security to next-gen reforms

Hindustan Times  

Finance minister Nirmala Sitharaman on Tuesday presented the Budget for 2024-25. Budget 2024: Finance minister Nirmala Sitharaman presents Budget 2024-25 with 9 priorities for 'Viksit Bharat' Follow- Budget 2024 Live Updates This is the first Budget under Prime Minister Narendra Modi's third term in office. While presenting the Budget in the Lok Sabha, FM Nirmala Sitharaman said despite ongoing global …

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 …

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 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 …

Budget 2024: These stocks and sectors may gain from Nirmala Sitharaman's announcements
5 months ago

Budget 2024: These stocks and sectors may gain from Nirmala Sitharaman's announcements

Hindustan Times  

Finance minister Nirmala Sitharaman is all set to present the Union Budget 2024 on July 2023. The Union budget 2024 is scheduled to be presented on July 23 by finance minister Nirmala Sitharaman, who will become the first finance minister to present seven consecutive Union budgets in a row, surpassing Morarji Desai, who presented six consecutive budgets. JM Financial highlighted …

Union Budget 2024 Expectations LIVE: Will FM Sitharaman Announce Income Tax Relief?
5 months, 1 week ago

Union Budget 2024 Expectations LIVE: Will FM Sitharaman Announce Income Tax Relief?

News 18  

Budget 2024 Expectations on Manufacturing Samit Jain, managing director, PLUSS Advanced Technologies, said, “Great focus has been given by the ministry and government over the last years on expanding the adoption of clean technologies and also supporting the growth of startups as well as MSMEs. Budget 2024 Likely To Push Districts As Economic Hubs Budget 2024 Expectations LIVE: “The strategy …

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 …

Union Budget To Prioritise Fiscal Targets, Jobs, And Inflation: Goldman Sachs
5 months, 2 weeks ago

Union Budget To Prioritise Fiscal Targets, Jobs, And Inflation: Goldman Sachs

ABP News  

The Union Budget for the fiscal year 2024-25 is likely to prioritise maintaining capex spending levels and adhering strictly to fiscal consolidation goals while maintaining a special focus on job creation, as per Goldman Sachs. In their note published on Monday, they caution against expecting any relaxation in fiscal consolidation measures or a shift towards increased welfare spending at the …

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, …

Budget 2024 | FM cuts allocations to Labour Ministry, workers’ social security
10 months, 3 weeks ago

Budget 2024 | FM cuts allocations to Labour Ministry, workers’ social security

The Hindu  

At a time when the Centre is drawing flak over unemployment among educated youth, the Interim Budget 2024-25 decreased allocations to the Labour Ministry on Thursday. The Atmanirbhar Bharat Rojgar Yojana, a pet scheme of the Narendra Modi government, which had an allocation of ₹2,272 crore in the last Budget has got just ₹150 crore in the Interim Budget. 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 …

How share markets responded to Union Budget over the last 10 years
10 months, 3 weeks ago

How share markets responded to Union Budget over the last 10 years

Hindustan Times  

The Union Budget not only announces important financial changes and new schemes but also reflects the current state of the economy. The Manmohan Singh government's finance minister P Chidambaram presented the Union Budget on February 17, which saw a positive movement in the BSE Sensex, which was 97.20 points higher, settling at 20,464.06. Follow- Budget 2024 LIVE Updates Union Budget …

Budget may focus on welfare, infra, adhere to fisc glide path
10 months, 3 weeks ago

Budget may focus on welfare, infra, adhere to fisc glide path

Hindustan Times  

New Delhi India will meet its fiscal deficit target of 5.9% of GDP in 2023-24, and largely adhere to the envisaged glide path to bring it below 4.5% by 2025-26 on the back of robust GDP growth, buoyant tax collections, and better targeting of expenditure, officials familiar with the matter said, adding that public spending on welfare schemes and infrastructure …

Budget 2024: Centre convenes all-party meeting, told floor leaders it is 'willing to discuss every issue'
10 months, 3 weeks ago

Budget 2024: Centre convenes all-party meeting, told floor leaders it is 'willing to discuss every issue'

India TV News  

Budget 2024: Ahead of the Budget Session of the Parliament, the government held a meeting of floor leaders of different parties today at the Parliament Library Building. Parliamentary Affairs Minister Pralhad Joshi held the meeting with the floor leaders of political parties in Parliament. 'Willing to discuss every issue' During the meeting, the government told floor leaders of various parties …

Union Budget 2024 Expectation: Defence Sector Seems Positive On Upcoming Budget
10 months, 4 weeks ago

Union Budget 2024 Expectation: Defence Sector Seems Positive On Upcoming Budget

ABP News  

The Indian defence sector finds itself at a pivotal moment amid simmering geopolitical tensions and an increased emphasis on self-reliance in strategic technology. With the Union Budget 2024 announcement scheduled for February 1, the defence sector expects some adjustments in fund allocations. In the budget for the fiscal year 2023-24, the defence sector was allocated Rs 5.94 lakh crore, marking …

Budget 2024: When will the full-fledged budget be presented this year?
11 months ago

Budget 2024: When will the full-fledged budget be presented this year?

India TV News  

Budget 2024: Union Finance Minister Nirmala Sitharaman is set to present the interim budget for FY25 on February 1. In an election year, the government typically presents an interim budget to outline expenditures and revenues until a new government is formed. The interim budget, often referred to as a 'vote-on-account,' is governed by Article 116 of the Constitution, involving an …

Budget 2024: 5 essential questions for investors answered by Goldman Sachs
11 months, 1 week ago

Budget 2024: 5 essential questions for investors answered by Goldman Sachs

Live Mint  

Budget 2024: Goldman Sachs in its report on FY25 interim budget say that interim budget is likely to follow the fiscal consolidation path Three key things for investors to look out for in the interim budget as per Goldman Sachs include: a) the government’s commitment to the medium-term fiscal consolidation path, b) if capex growth can continue with fiscal consolidation, …

Union Budget 2024: Income tax rebate unlikely to rise in interim budget, says report
11 months, 2 weeks ago

Union Budget 2024: Income tax rebate unlikely to rise in interim budget, says report

Hindustan Times  

Less than a month away from the presentation of the interim Union Budget 2024, a senior finance ministry official has said that no rebate is expected on income tax for the upcoming financial year, reported Moneycontrol on Tuesday. Earlier, there were speculations that the Finance Ministry will include a proposal that the personal income tax rebate be increased from the …

Budget's Focus On Capex To Crowd-In Private Investment, Push Growth To 7 Per Cent: RBI Bulletin
1 year, 10 months ago

Budget's Focus On Capex To Crowd-In Private Investment, Push Growth To 7 Per Cent: RBI Bulletin

ABP News  

The Union Budget's focus on capital expenditure is expected to crowd-in private investment and push the GDP growth rate close to 7 per cent in the next financial year beginning April 1, said a Reserve Bank article on 'State of the Economy'. "In our view, the instrument of decoupling will be the Union Budget by raising India's growth prospects over …

TMS Ep362: Budget for rich, capex outlay, RBI rate hike, night light data
1 year, 10 months ago

TMS Ep362: Budget for rich, capex outlay, RBI rate hike, night light data

Business Standard  

Believe it or not. This year’s budget may have been a mixed bag for the high-net-worth individuals, otherwise known as the super-rich. Bhaswar Kumar’s report answers that question Allotment of 10 trillion rupees for capital expenditure in 2023-24 was one of the key highlights of this Union budget. Economic survey’s growth projection for 2023-24 and reforms announced in the Union …

Key takeaways from Union Budget 2023-24 in charts
1 year, 10 months ago

Key takeaways from Union Budget 2023-24 in charts

The Hindu  

The government will focus on economic growth and job creation and cut down the fiscal deficit, Union Finance Minister Nirmala Sitharaman said on Wednesday, presenting its last full budget in Parliament before the 2024 election. Transfer to states/UTs Allocation to Ministries The Union Budget allocated a massive ₹5.94 lakh crore for the Defence Ministry, a 13% increase year-on-year from last …

Tax-Capex double engine in Union Budget 2023-24
1 year, 10 months ago

Tax-Capex double engine in Union Budget 2023-24

Hindustan Times  

Finance minister Nirmala Sitharaman on Wednesday presented a Budget that continued her government’s emphasis on capital investment, with a record ₹10 lakh crore spend planned in 2023-24, sought to encourage taxpayers to spend more with tax cuts, and announced a ₹35,000 crore expenditure on energy transition even as she managed to reduce the fiscal deficit to 5.9% from 6.4% this …

A raft of concessions amid consolidation: The Hindu Editorial on Union Budget 2023-24
1 year, 10 months ago

A raft of concessions amid consolidation: The Hindu Editorial on Union Budget 2023-24

The Hindu  

If budget making is a complex task, interpreting the Union Budget can be hazardous given the amount of fine print that one has to pore over. Finance Minister Nirmala Sitharaman’s fifth Budget, and the current Bharatiya Janata Party-led government’s final full-fledged one before next year’s general election, ticks all the right boxes on the face of it. Terming it the …

Union Budget 2023: What Modi Govt's New Tax Regime Has In Store, Gain Or Pain?
1 year, 10 months ago

Union Budget 2023: What Modi Govt's New Tax Regime Has In Store, Gain Or Pain?

The Quint  

The Union Budget speech of Finance Minister Nirmala Sitharaman highlighted seven key priority goals as the “Saptarishis guiding through the Amrit Kaal” for this year’s fiscal outlay map: a) Inclusive Development; b) Last Mile Development; c) Infrastructure and Investment; d) Green Growth; e) Youth, and f) Financial Sector. Key fiscal numbers were kept in line with the broader market expectations …

Budget 2023-24: A lookback at the achievements of Modi govt since 2014
1 year, 10 months ago

Budget 2023-24: A lookback at the achievements of Modi govt since 2014

Firstpost  

The Union Finance Minister has provided credit for the efficient implementation of many schemes with the universalisation of targeted benefits for the resultant inclusive development across the country since 2014. New Delhi: The government’s efforts since 2014 have ensured all citizens a better quality of living and a life of dignity, said Union Finance Minister Nirmala Sitharaman. “We have significantly …

Budget 2023 | Nirmala Sitharaman announces fund to encourage agri-startups
1 year, 10 months ago

Budget 2023 | Nirmala Sitharaman announces fund to encourage agri-startups

The Hindu  

Finance Minister Nirmala Sitharaman, while presenting the Union Budget 2023-24, announced the setting up of an agriculture accelerator fund to encourage agri-startups by young entrepreneurs in rural areas. Talking about the need to develop digital infrastructure to aid the agriculture sector in the country, Ms. Sitharaman said that digital public infrastructure for agriculture will be built as an ‘open source, …

Budget 2023 | BJP plans nationwide campaign on Union Budget to highlight pro-people measures
1 year, 10 months ago

Budget 2023 | BJP plans nationwide campaign on Union Budget to highlight pro-people measures

The Hindu  

The BJP will start a 12-day nationwide campaign on February 1 to make people aware of the "pro-people" measures that are to be announced in the Union Budget, party leaders said. BJP president J. P. Nadda has formed a task force comprising nine members, including party general secretary Sunil Bansal and heads of its farmer and youth wings, to organise …

Umeedon Ka Budget: MoS Finance says Budget 2023 will match people’s expectations
1 year, 10 months ago

Umeedon Ka Budget: MoS Finance says Budget 2023 will match people’s expectations

Live Mint  

Union Finance Minister Nirmala Sitharaman will present the last full-fledged Union Budget 2023 of the Modi government before the 2024 Lok Sabha elections. Ahead of the Budget presentation, Minister of State for Finance Pankaj Chaudhary has said that this budget would match the expectations of the general public and that India's economy is on track. In an exclusive interview with …

Union Budget 2023-24: Expectations high for the hospitality industry
1 year, 10 months ago

Union Budget 2023-24: Expectations high for the hospitality industry

Firstpost  

Indian hospitality sector is expecting fresh and new amendments that will lower taxes and create monitored mechanisms for interest-free loans and easy availability of finance to small and medium sized enterprises The hospitality industry in India, is a multi-billion diverse sector that depends heavily on leisure and disposable income and attracts global attention. The Union budget 2023-2024, the Indian hospitality …

Budget 2023 live | Income tax relief, sops for women, scheme for artisans, and more
1 year, 10 months ago

Budget 2023 live | Income tax relief, sops for women, scheme for artisans, and more

The Hindu  

Finance Minister Nirmala Sitharaman on February 1 raised the personal income tax rebate limit, doled out sops on small savings and announced one of the biggest hikes in capital spending in the past decade as she did a tight rope walk in the Budget between staying fiscally prudent and meeting public expectations in the year before general elections. Ms. Sitharaman’s …

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