Budget 2019: Oil Prices to Modi’s Rescue Again?
5 years, 6 months ago

Budget 2019: Oil Prices to Modi’s Rescue Again?

The Quint  

The first woman Finance Minister of India Ms Nirmala Sitharaman presented her maiden budget in Modi 2.0 regime on 5 July. What compounded matters for Sitharaman was the fact that revenue collections fell short of even the revised estimates in the interim budget presented this February 2019. Income tax collections which were projected to be Rs 5.29 lakh crore, finally ended up at a much lower Rs 4.67 lakh crore. The fiscal deficit target for 2018-19 was essentially managed through lower subsidy compensation to FCI and Oil Marketing Companies as we follow cash basis of accounting for the annual budget.

Tax Collections Budget 2019  budget  2019  modis  sitharaman  tax  collections  oil  rescue  prices  target  crore  short  rs  lower  lakh

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Budget 2025: Mohandas Pai calls for revised tax slabs, relief for middle-class
Trending News
1 week, 1 day ago

Budget 2025: Mohandas Pai calls for revised tax slabs, relief for middle-class

India Today  

As the 2025 Union Budget approaches, former Infosys CFO TV Mohandas Pai has outlined his recommendations for substantial tax reforms. PROPOSED TAX REFORMS Pai highlighted the sharp increase in individual tax collections, which rose from Rs 4.87 lakh crore in FY21 to Rs 10.45 lakh crore in FY24—a 114% jump in three years. He proposed new tax slabs with no …

Budget 2025: Should Nirmala Sitharaman focus on boosting consumption?
1 week, 2 days ago

Budget 2025: Should Nirmala Sitharaman focus on boosting consumption?

India Today  

Union Finance Minister Nirmala Sitharaman faces a challenging economic backdrop as she prepares to present Budget 2025-26 on February 1. The Reserve Bank of India also lowered its real GDP growth forecast for 2024-25 to 6.6%, citing global uncertainties, volatile commodity prices, and fragmented economic conditions. MIDDLE-CLASS RELIEF & CONSUMPTION REVIVAL Anand Ramanathan, Partner and Leader for the Consumer Products …

Budget 2025: Industry bodies urge Nirmala Sitharaman to slash income tax rates for middle class at pre-budget meeting
1 week, 3 days ago

Budget 2025: Industry bodies urge Nirmala Sitharaman to slash income tax rates for middle class at pre-budget meeting

Live Mint  

India's industry body representatives were seeking a reduction in personal income tax rates from the Finance Minister at the pre-budget meeting on Monday to ensure higher disposable income in the hands of the nation's middle-class population, reported the news agency PTI on December 30. “From a perspective of boosting consumption, we have suggested that there be some relief provided to …

PM Modi chairs meeting with economists, sectoral experts in Delhi
2 weeks, 2 days ago

PM Modi chairs meeting with economists, sectoral experts in Delhi

India TV News  

Prime Minister Narendra Modi is currently presiding over a crucial meeting with prominent economists and sectoral experts. Union Finance Minister Nirmala Sitharaman is scheduled to present the Budget for 2025-26 in the Lok Sabha on February 1, 2025. Sitharaman, Niti Aayog Vice Chairman Suman Bery, Niti Aayog CEO BVR Subrahmanyam, Chief Economic Advisor Anantha Nageswaran and eminent economists, including Surjit …

Education, welfare in focus of ₹2.94 lakh-cr Andhra budget
1 month, 4 weeks ago

Education, welfare in focus of ₹2.94 lakh-cr Andhra budget

Hindustan Times  

The Telugu Desam Party-led National Democratic Alliance government in Andhra Pradesh on Monday presented its first full-fledged budget of ₹2,94,427 crore for 2024-25, five months after coming to power. Finance minister Payyavula Kesav told the state legislative assembly that the budget included revenue expenditure of ₹2,35,916 crore and capital expenditure of ₹32,712 crore. The NDA government under chief minister N …

Finance Ministry kick-starts Budget 2025-26 preparations; Economic reforms, employment generation in focus
3 months, 2 weeks 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 …

India confident of achieving fiscal deficit target, on course with glide path: FM Sitharaman
5 months, 1 week ago

India confident of achieving fiscal deficit target, on course with glide path: FM Sitharaman

Live Mint  

The government is confident of achieving its fiscal deficit target and sticking to the glide path to trim it to 4.5% of the GDP by FY26, Union finance minister Nirmala Sitharaman told Parliament on Tuesday, addressing concerns raised by the Opposition on the budget. Sitharaman also outlined the government’s budgetary allocations for social sector welfare schemes, public capex, expenditure on …

Watch: Budget 2024 | What’s in it for markets and investors?
5 months, 2 weeks ago

Watch: Budget 2024 | What’s in it for markets and investors?

The Hindu  

On July 23, the Finance Minister Nirmala Sitharaman presented the first full budget of the 3rd term of the NDA government. For deepening tax base the Finance Minister has proposed to increase Securities Transaction Tax on Futures and Options contracts to 0.2% and 0.1%, respectively. As per the budget proposals now unlisted bonds and debentures, debt mutual funds and market-linked …

Government cuts borrowing target to ₹14.01 lakh crore for 2024-25
5 months, 2 weeks ago

Government cuts borrowing target to ₹14.01 lakh crore for 2024-25

Hindustan Times  

The government has lowered its borrowings estimate for the current financial year to 14.01 lakh crore as there is an improvement in tax collection. Union Finance Minister Nirmala Sitharaman showcases a red pouch carrying the Budget documents, outside the Finance Ministry in North Block The government has to borrow by issuing dated securities to meet its fiscal deficit target. The …

Budget 2024 Capital Gains taxation: Corporate tax for foreign companies slashed to 35%, charities, cruise operations taxation revised
5 months, 2 weeks ago

Budget 2024 Capital Gains taxation: Corporate tax for foreign companies slashed to 35%, charities, cruise operations taxation revised

The Hindu  

Simplifying the tax regime for corporate industries, Union Finance Nirmala Sitharaman on Tuesday, proposed new tax structures for charities, foreign shipping companies, rationalisation of capital gains in her 2024 Budget speech. Ms. Sitharaman’s speech lasted just shy of ninety minutes “58% of corporate tax came from the simplified tax regime in 2022-23 and more than 2/3rd of taxpayers have used …

Budget 2024: Modi govt reduces fiscal deficit target to 4.9 per cent of GDP for FY25
5 months, 2 weeks 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 …

Budget 2024: FM Nirmala Sitharaman lays out nine priorities of the Modi govt
5 months, 2 weeks 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: Income tax slabs changed, standard deduction increased. Read details
5 months, 2 weeks ago

Budget 2024: Income tax slabs changed, standard deduction increased. Read details

Op India  

On Tuesday, Finance Minister Nirmala Sitharaman presented the Annual Financial Statement before the Lok Sabha. The Finance Minister has given relief to taxpayers who choose to opt for the New Tax regime as the tax slabs have been revised and the Standard deduction limit has been increased from Rs 50,000 to Rs 75,000. Personal Income Tax: The Union Finance Minister …

Budget 2024 Highlights on income tax: FM Sitharaman revises personal income tax slabs; taxation rates remain unchanged
5 months, 2 weeks ago

Budget 2024 Highlights on income tax: FM Sitharaman revises personal income tax slabs; taxation rates remain unchanged

The Hindu  

Finance Minister Nirmala Sitharaman in her seventh Budget speech on July 23 revised the tax slabs under the new regime. Whilst the rate of taxation remains unchanged, the size of each of the slabs, excluding the initial zero to ₹3 lakh, remains unchanged. Budget 2024-25: Taxes Earlier, the Finance Minister further placed increasing the standard deduction for salaried employees from …

What Budget means for taxpayers: 10 points
5 months, 2 weeks 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: Key announcements by Finance Minister Nirmala Sitharaman
5 months, 2 weeks 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, 2 weeks 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 …

Budget Reactions: PM Modi Says 25 Crore People Came Out Of Poverty In last Decade
5 months, 2 weeks ago

Budget Reactions: PM Modi Says 25 Crore People Came Out Of Poverty In last Decade

ABP News  

Union Budget Reactions Highlights: The world's eyes were on Union Finance Minister Nirmala Sitharaman as she tabled the first full Budget of the Modi 3.0 government. What Does The Opposition Say About Budget 2024 Leader of Opposition in the Lok Sabha, Rahul Gandhi, on Tuesday criticised the Union Budget, labelling it a "kursi bachao budget" and alleging that it offers …

Union Budget 2024: What politicians expect - addressing unemployment and inflation issues, increasing fund assistance
5 months, 2 weeks 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 …

Budget 2024: What Will Get Cheaper and What Will Get More Expensive? Hear from Experts | ABP News
5 months, 2 weeks ago

Budget 2024: What Will Get Cheaper and What Will Get More Expensive? Hear from Experts | ABP News

ABP News  

Modi 3.0 First Budget: Finance Minister Nirmala Sitharaman will present the central budget on July 23 at 11 AM. This will be the first budget of the third term under Prime Minister Narendra Modi’s leadership and Finance Minister Sitharaman's seventh consecutive budget. Sitharaman will break the record of former Prime Minister Morarji Desai, though Desai still holds the record for …

Income Tax Budget Highlights: Govt proposes tax cuts, more standard deduction
5 months, 2 weeks 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 …

No revolutionary schemes for minorities, Dalits, Adivasis, backward classes: Kharge on Union Budget
5 months, 2 weeks ago

No revolutionary schemes for minorities, Dalits, Adivasis, backward classes: Kharge on Union Budget

New Indian Express  

NEW DELHI: Congress president Mallikarjun Kharge on Tuesday termed the Union Budget as a "copycat" and alleged that it is not for the progress of the country but to save the Modi government. Union Finance Minister Nirmala Sitharaman presented the Budget for 2024-25, her 7th straight presentation, surpassing the record of former prime minister Morarji Desai. In a post in …

Budget 2024 HIGHLIGHTS: Andhra Pradesh, Bihar major gainers; special focus on jobs, new tax regime
5 months, 2 weeks 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." …

India's budget highlights job creation, rural growth
5 months, 2 weeks 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 …

Union Budget 2024: Read Finance Minister Nirmala Sitharaman's full speech
5 months, 2 weeks 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 …

No revolutionary schemes for minorities, Dalits, Adivasis, backward classes: Kharge on Union Budget
5 months, 2 weeks ago

No revolutionary schemes for minorities, Dalits, Adivasis, backward classes: Kharge on Union Budget

New Indian Express  

NEW DELHI: Congress president Mallikarjun Kharge on Tuesday termed the Union Budget as a "copycat" and alleged that it is not for the progress of the country but to save the Modi government. Union Finance Minister Nirmala Sitharaman presented the Budget for 2024-25, her 7th straight presentation, surpassing the record of former prime minister Morarji Desai. In a post in …

Budget 2024: Date, key timings and what to expect from budget speech
5 months, 2 weeks 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 …

Sitharaman to present Budget 2024: Understanding the Budget, its impact on India's economy
5 months, 2 weeks 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, 3 weeks 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: Will Nirmala Sitharaman bring cheer to middle-class with income tax changes?
5 months, 3 weeks 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, …

Nirmala Sitharaman's upcoming Budget: What to expect
5 months, 3 weeks 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 …

Modi Meets Economists Ahead of Crucial Union Budget
5 months, 4 weeks 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, 4 weeks 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 …

Nirmala Sitharaman likely to present Full Budget on July 24
6 months, 1 week 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 …

Budget 2024: Finance minister Nirmala Sitharaman to increase income tax exemption limit?
6 months, 3 weeks ago

Budget 2024: Finance minister Nirmala Sitharaman to increase income tax exemption limit?

Hindustan Times  

Finance Minister Nirmala Sitharaman may increase income tax exemption limit in the upcoming Budget 2024 which is the first for the third term of the PM Modi Government. News agency Reuters reported that the first full-fledged Budget 2024 of Modi 3.0 may relieve taxpayers as the government is considering reducing income tax rates for specific groups of individuals. The government …

Modi govt spent ₹15.6 lakh crores on food grain subsidies in past 5 years, reveals RTI
9 months, 3 weeks ago

Modi govt spent ₹15.6 lakh crores on food grain subsidies in past 5 years, reveals RTI

Op India  

The Ministry of Consumer Affairs, Food and Public Distribution has informed that the Narendra Modi-led-Central government has spent ₹15.6 lakh crores on subsidies for food grains since 2018. An RTI was filed by activist Piyush Tripathi, seeking information about the cost incurred by the Centre for the distribution of wheat, rice and important food grains in the past 5 years. …

‘Is Finance Commission merely facade under BJP’: Karnataka CM Siddaramaiah
11 months ago

‘Is Finance Commission merely facade under BJP’: Karnataka CM Siddaramaiah

Hindustan Times  

Karnataka Chief Minister Siddaramaiah has hit out at the Central government over the release of funds for the state, saying that the dwindling grants-in-aid and the glaring absence of budgeted funds raise the question of whether the autonomy of the Finance Commission is merely a 'facade' under the BJP. Siddaramaiah further said that under the 14th Finance Commission, Karnataka received …

Poll posture: On the 2024 Interim Budget
11 months, 1 week ago

Poll posture: On the 2024 Interim Budget

The Hindu  

Finance Minister Nirmala Sitharaman’s sixth consecutive Budget speech was an election-eve, self-congratulatory report card on the economic achievements engendered by Prime Minister Narendra Modi and the two governments he has led since 2014. Echoing the Finance Ministry’s review of the economy’s performance, and stating that Mr. Modi had inherited a situation replete with ‘enormous challenges’ when he assumed office, Ms. …

Budget 2024: Highlights of Finance Minister Nirmala Sitharaman’s Interim Budget
11 months, 1 week 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: What ‘GDP’, ‘Disha Nirdeshak Baatein’ stand for in today’s budget?
11 months, 1 week 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
11 months, 1 week 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
11 months, 1 week 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 …

Union Budget fiscal deficit for 2024-25 at 5.1% compared to 5.8% in FY24
11 months, 1 week ago

Union Budget fiscal deficit for 2024-25 at 5.1% compared to 5.8% in FY24

The Hindu  

The revised fiscal deficit for financial year 2024-25 is estimated at 5.1 per cent of the GDP, down from 5.8 per cent for the current financial year 2024, Union Minister Nirmala Sitharaman announced in her interim Budget speech on Thursday. As per data released by the Controller General of Accounts on Wednesday, the Union government’s fiscal deficit touched ₹9.82 lakh …

Indian Economy under PM Modi has witnessed profound transformation: FM Nirmala Sitharaman gives govt’s report card
11 months, 1 week ago

Indian Economy under PM Modi has witnessed profound transformation: FM Nirmala Sitharaman gives govt’s report card

Op India  

The Indian economy under Prime Minister Narendra Modi has witnessed a profound transformation in the last 10 years when the government took several pro-people reforms that were structural, Union Finance Minister Nirmala Sitharaman said on Thursday, as she rose to present the interim Budget for 2024-25. “In 2014, the country was facing enormous challenges, the government overcame those challenges and …

Income Tax Budget Highlights: Salaried class 'disappointed,' says this expert
11 months, 1 week ago

Income Tax Budget Highlights: Salaried class 'disappointed,' says this expert

Hindustan Times  

New Delhi: Union Finance Minister Nirmala Sitharaman, carrying a folder-case containing the Interim Budget 2024, arrives at Parliament House complex to present the budget, in New Delhi, Thursday, Feb. 1, 2024. Union Ministers of State for Finance Pankaj Chaudhary and Bhagwat Karad are Income Tax Budget 2024 Highlights: Union finance minister Nirmala Sitharaman on Thursday unveiled budget for the financial …

Budget 2024: Measures for economy, select segments to feature in Nirmala Sitharaman's sixth straight budget
11 months, 1 week ago

Budget 2024: Measures for economy, select segments to feature in Nirmala Sitharaman's sixth straight budget

India TV News  

New Delhi: Finance Minister Nirmala Sitharaman is set to present the last budget of the Modi 2.0 government before the upcoming general elections. The budget, expected to be a mix of measures for the economy and targeted segments like farmers and women, is the sixth consecutive one for Sitharaman and may highlight the government's achievements over the past decade. Technically …

Budget may focus on welfare, infra, adhere to fisc glide path
11 months, 1 week 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: Nirmala Sitharaman set to equal record of ex-PM Morarji Desai
11 months, 1 week ago

Budget 2024: Nirmala Sitharaman set to equal record of ex-PM Morarji Desai

Hindustan Times  

Union Finance Minister Nirmala Sitharaman will equal the record of former Prime Minister Morarji Desai as she presents her sixth straight budget on February 1. Nirmala Sitharaman has presented five full budgets since July 2019 and is the first full-time woman finance minister of the country. With the presentation of interim budget on February 1, Nirmala Sitharaman will surpass the …

Budget 2024: Nirmala Sitharaman to present her sixth straight budget, equals record of former PM Morarji Desai
11 months, 2 weeks ago

Budget 2024: Nirmala Sitharaman to present her sixth straight budget, equals record of former PM Morarji Desai

India TV News  

Budget 2024: Finance Minister Nirmala Sitharaman is set to make history by presenting her sixth consecutive budget on February 1, matching the record held by former Prime Minister Morarji Desai. Sitharaman, the first full-time woman finance minister in India, has presented five full budgets since July 2019 and is now preparing to present an interim or vote-on-account budget. Morarji Desai, …

Nirmala Sitharaman to become the second Finance Minister to present the Union Budget six times in a row
11 months, 2 weeks ago

Nirmala Sitharaman to become the second Finance Minister to present the Union Budget six times in a row

The Hindu  

Finance Minister Nirmala Sitharaman will set a record by presenting the sixth Budget in a row -- five annual Budgets and one interim -- a feat achieved so far only by former Prime Minister Morarji Desai. With the presentation of interim Budget on February 1, Ms. Sitharaman will surpass the records of her predecessors like Manmohan Singh, Arun Jaitley, P. …

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