Budget 2020: Govt support for auto component industry
4 years, 11 months ago

Budget 2020: Govt support for auto component industry

India Today  

Finance Minister Nirmala Sitharaman today announced a "handholding support" for the Indian automotive component industry for technology upgradations, R&D and business strategy planning while presenting the Budget 2020. For selected sectors such as pharmaceuticals, auto components and others, we propose to extend handholding support for technology upgradations, R&D, business strategy planning and so on," Sitharaman said while presenting the Budget 2020. In the Budget 2019, Finance Minister Nirmala Sitharaman had announced an additional tax benefit of Rs 1.5 lakh on the interest paid on the loans taken for the purchase of the electric vehicles. The government had last year approved total budgetary support of Rs 10,000 crore over three years from April 2019 for the promotion of electric mobility in India under the second phase of the Faster Adoption and Manufacturing of Electric Vehicles in India scheme.

India Electric Vehicles  industry  sitharaman  budget  govt  auto  2020  technology  rs  crore  electric  vehicles  india  support  upgradations  component

History of this topic

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 …

What’s the Budget push for infrastructure?
5 months, 1 week ago

What’s the Budget push for infrastructure?

The Hindu  

The story so far: In her Budget proposals for 2024-25, Finance Minister Nirmala Sitharaman has set aside ₹11 lakh crore for capital expenditure, comprising 3.4% of the GDP. With the aim to push States to spend on infrastructure, she said ₹1.5 lakh crore was being made available to them in the form of long-term interest free loans. Under the Sagarmala …

Budget 2024: N Chandrababu Naidu hails Centre’s ₹15000 cr help for Andhra Pradesh, says, ‘step towards rebuilding State’
5 months, 2 weeks ago

Budget 2024: N Chandrababu Naidu hails Centre’s ₹15000 cr help for Andhra Pradesh, says, ‘step towards rebuilding State’

Live Mint  

In a recent LinkedIn post, Andhra Pradesh Chief Minister N Chandrababu Naidu shared encouraging updates on the progress of the new NDA government in Andhra Pradesh. Here's N Chandrababu Naidu's post "Hello friends, It has been a productive month for our new NDA government in Andhra Pradesh, and I'm glad to let you know that our State is back on …

The budget echoes the Developed India vision
5 months, 2 weeks 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 …

Budget 2024 is growth-oriented, welfare-centric, people-friendly: Annamalai
5 months, 2 weeks 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: 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: Nirmala Sitharaman announces financial aid for student loans up to ₹10 lakh
5 months, 2 weeks 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 …

Budget: FM announces ₹15,000 cr for development of Andhra Pradesh’s new capital
5 months, 2 weeks ago

Budget: FM announces ₹15,000 cr for development of Andhra Pradesh’s new capital

Hindustan Times  

Hyderabad: Union finance minister Nirmala Sitaraman on Tuesday presented her seventh Union Budget, announcing Rs.15,000 cr for Andhra Pradesh’s new capital Amaravati. Finance minister Nirmala Sitharaman with Union Budget portfolio The FM said that the government will ensure all efforts to fulfil the commitments in the Andhra Pradesh Reorganisation Act. Describing it as a lifeline of Andhra Pradesh, Sitharaman said …

Union Budget 2024-25: Nirmala Sitharaman announces e-vouchers for students; education loans up to ₹10 lakh
5 months, 2 weeks ago

Union Budget 2024-25: Nirmala Sitharaman announces e-vouchers for students; education loans up to ₹10 lakh

The Hindu  

As part of the new loan scheme announced by Finance Minister Nirmala Sitharaman while presenting the Union Budget for 2024-25, e-vouchers will be given to one lakh students every year to secure loans up to ₹10 lakh to pursue higher education in domestic institutions. “This initiative will undoubtedly empower many aspiring students to pursue their academic goals without the burden …

Budget 2024: BIG announcement for Andhra Pradesh, Govt proposes Rs 15,000 crore to develop state capital
5 months, 2 weeks ago

Budget 2024: BIG announcement for Andhra Pradesh, Govt proposes Rs 15,000 crore to develop state capital

India TV News  

Union Finance Minister Nirmala Sitharaman on Tuesday proposed that the government will facilitate special financial support for the development of the capital city in Andhra Pradesh. Presenting the Budget for 2024-25 in the Lok Sabha, she further said the NDA government at the Centre is fully committed to financing and early completion of Polavaram Irrigation project, which is considered as …

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: 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: Nirmala Sitharaman announces Rs 1,000 crore fund to boost space economy
5 months, 2 weeks ago

Budget 2024: Nirmala Sitharaman announces Rs 1,000 crore fund to boost space economy

India Today  

Finance Minister Nirmala Sitharaman on Tuesday unveiled an ambitious plan to expand India's space economy fivefold over the next decade, marking a significant leap in the country's space aspirations. In a bold move to propel India's space sector forward, Sitharaman announced the establishment of a Rs 1000 crore venture capital fund dedicated to fostering growth and innovation in space technology. …

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." …

Agriculture Budget 2024: Nirmala Sitharaman announces big agri push, allocates Rs 1.52 lakh crore
5 months, 2 weeks ago

Agriculture Budget 2024: Nirmala Sitharaman announces big agri push, allocates Rs 1.52 lakh crore

India TV News  

Union Budget 2024: In a significant boost to agriculture, Finance Minister Nirmala Sitharaman today announced that 1 crore farmers will be introduced to natural farming in the coming years. The Finance Minister allocated Rs 1.52 lakh crore for agriculture and allied sectors for the fiscal year 2024-25. "This year, I have made an allocation of Rs 1.52 lakh crore for …

Nitish Kumar reacts to Union Budget 2024 amid 'special status' demands for Bihar | Watch
5 months, 2 weeks ago

Nitish Kumar reacts to Union Budget 2024 amid 'special status' demands for Bihar | Watch

India TV News  

Union Finance Minister Nirmala Sitharaman on Tuesday presented the Union Budget for FY 24-25 with some major announcements for states like Andhra Pradesh and Bihar. Notably, Nirmala Sitharaman announced Rs 26,000 crore in monetary aid for the development of road infrastructure in Bihar. During her budget speech, Sitharaman said, "On the Amritsar-Kolkata industrial corridor, we will support the development of …

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 …

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 …

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 …

States seek improvements in 50-year interest-free loan scheme
6 months, 2 weeks ago

States seek improvements in 50-year interest-free loan scheme

The Hindu  

States have urged the Centre to make some improvements in the 50-year interest free loan scheme for pursuing capital investment projects, under which the Union government has proposed to give them ₹1.3 lakh crore this year, the same amount as 2023-24. Ministers from States made suggestions related to the ‘Scheme for Special Assistance to States for Capital Investment’, first launched …

‘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 …

Various Measures Taken To Reduce Debt Burden, Strengthen Economy: FM Nirmala Sitharaman
11 months ago

Various Measures Taken To Reduce Debt Burden, Strengthen Economy: FM Nirmala Sitharaman

News 18  

To bring down the debt burden, the government has taken various measures like increasing the tax revenue buoyancy, enhancing the public expenditure effectiveness, commitment to reducing fiscal deficit and augmenting the productive efficiency, Finance Minister Nirmala Sitharaman said on Monday. The government’s emphasis on increasing capital expenditure will not only boost the investments, but also return a higher GDP growth …

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 …

Interim Budget: FM announces ₹1 trillion corpus for research in technology
11 months, 1 week ago

Interim Budget: FM announces ₹1 trillion corpus for research in technology

Hindustan Times  

Union finance minister Nirmala Sitharaman, presenting the Interim Budget 2024 in Parliament on Thursday, announced a ₹1 lakh crore corpus to help finance research in technology. Union finance minister Nirmala Sitharaman presents the Interim Budget 2024 in the Lok Sabha on Thursday. Calling innovation the “foundation of development”, Sitharaman said, “A corpus of ₹1 lakh crore will be established with …

Gross market borrowing hits Rs 5.77 lakh cr until July this fiscal: Nirmala Sitharaman
1 year, 5 months ago

Gross market borrowing hits Rs 5.77 lakh cr until July this fiscal: Nirmala Sitharaman

India TV News  

The central government has raised over 37% of its FY24 target of gross market acquisition through dated securities in the initial four months, finance minister Nirmala Sitharaman informed Parliament on Tuesday. The central government has wanted to raise net debt assets of Rs 17.99 lakh crore from different sources in 2023-24, basically, to fund its financial deficit, Sitharaman said in …

42 key provision that make Budget 2023 inclusive and progressive
1 year, 11 months ago

42 key provision that make Budget 2023 inclusive and progressive

Op India  

Finance Minister Nirmala Sitharaman on Wednesday presented the Union Budget for the financial year 2023-24 in Parliament. “Bharat Shared Repository for Inscriptions will be set up in Digital Epigraphy Museum with a digitisation of one Lakh Ancient Inscriptions in the First stage.” : Union Finance Minister Nirmala Sitharaman #Budget2023 #BudgetSession #Budget #Budgetday #NirmalaSitharaman pic.twitter.com/jOpxbmAUCh — IANS February 1, 2023 C. …

Budget 2023 News Updates: Zero Tax Upto Rs 7L; Govt Says New I-T Regime Has Better Incentives
1 year, 11 months ago

Budget 2023 News Updates: Zero Tax Upto Rs 7L; Govt Says New I-T Regime Has Better Incentives

News 18  

Finance Minister Nirmala Sitharaman on Wednesday said the four emphasis points of the Union Budget 2023-24 are empowering women, action plan for tourism, initiatives for Vishvakarmas and green growth. Sitharaman said, “Our vision is to create a tech-driven and knowledge-based economy.” she added that the Indian economy is on the right track and the growth has been at 7 per …

In Rs 45.03 Lakh Crore Budget, Here Is How Much Each Sector Received
1 year, 11 months ago

In Rs 45.03 Lakh Crore Budget, Here Is How Much Each Sector Received

ABP News  

Narendra Modi-led NDA government on Wednesday laid out its full and final Union Budget on Wednesday ahead of the general election scheduled for 2024. Finance Minister Nirmala Sitharaman in her fifth Budget presentation allocated a whopping Rs 45.03 lakh crore for the financial year 2023. In the financial year 2022-23, the government allocated Rs 39.45 lakh crore for the annual …

What Nirmala Sitharaman's Budget 2023 offers to Gen Z?
1 year, 11 months ago

What Nirmala Sitharaman's Budget 2023 offers to Gen Z?

Hindustan Times  

Union finance minister Nirmala Sitharaman unveiled a pre-election Budget 2023 that cut personal income taxes to boost consumption while ramping up infrastructure spending to spur growth in an economy touted as a “bright star” amid a gloomy global outlook. Skill India International Centres to be set up across different states to skill the youth for international opportunities. ) Skill Digital …

Budget 2023: ₹79,000 crore set aside for PMAY, 65% higher than last year
1 year, 11 months ago

Budget 2023: ₹79,000 crore set aside for PMAY, 65% higher than last year

Hindustan Times  

Presenting the final full budget of the Modi government ahead of next year's parliamentary elections, Union finance minister Nirmala Sitharaman on Wednesday announced an outlay of ₹79,000 crore towards the Pradhan Mantri Awas Yojana. New Delhi: Union Finance Minister Nirmala carrying a folder-case poses for photographs outside the Finance Ministry at North Block, in New Delhi, Wednesday, Feb. 1, 2023, …

Budget 2023 | Government to continue 50-year interest-free loans to States for another year: FM Nirmala Sitharaman
1 year, 11 months ago

Budget 2023 | Government to continue 50-year interest-free loans to States for another year: FM Nirmala Sitharaman

The Hindu  

Finance Minister Nirmala Sitharaman on February 1 announced that the Centre will continue 50-year interest-free loans to State governments for one more year. Budget 2023 | Record allocation of ₹2.4 lakh crore for Railways On October 13 last year, Prime Minister Narendra Modi had launched the Gati Shakti - National Master Plan, aimed at developing integrated infrastructure to reduce logistics …

Budget 2023 Key Highlights: Are You Under New Tax Regime? Nirmala Sitharaman Has Good News for You
1 year, 11 months ago

Budget 2023 Key Highlights: Are You Under New Tax Regime? Nirmala Sitharaman Has Good News for You

News 18  

Budget 2023 Highlights: Delivering on the expectations of the aam aadmi, Finance Minister Nirmala Sitharaman today announced Income Tax relief for the salaried class with an eye on the mega 2024 elections as well as several state battles as she delivered the Union Budget 2023 speech. She also announced changes in the tax slabs under the new tax regime, which …

Budget 2023 live | Income tax relief, sops for women, scheme for artisans, and more
1 year, 11 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 …

Budget 2023: Modi govt allocates Rs 2.40 lakh crore for Railways, announces Sitharaman
1 year, 11 months ago

Budget 2023: Modi govt allocates Rs 2.40 lakh crore for Railways, announces Sitharaman

India TV News  

Budget 2023: The Modi government on Wednesday announced that it has fixed capital outlay of Rs 2.40 lakh crore for railways in financial year 2023-24, as the Finance Minister Nirmala Sitharaman presented her 5th budget in the Parliament. BUDGET 2023: FULL COVERAGE Among other announcements regarding the infrastructure development, Sitharaman said that the states and cities will be encouraged to …

Finance Minister Nirmala Sitharaman to present Union Budget 2023 today; 'it will be a ray of hope' says PM
1 year, 11 months ago

Finance Minister Nirmala Sitharaman to present Union Budget 2023 today; 'it will be a ray of hope' says PM

India TV News  

Union Budget 2023: Finance Minister Nirmala Sitharaman is geared up for presenting her fifth budget in the Parliament on Wednesday. What India Inc expect from the Union Budget The Economic Survey 2022-23 tabled in Parliament on Tuesday presents a realistic assessment of India's economy, industry bodies said, while expressing hope for out-of-box measures to boost growth and consumption in the …

Why Nirmala Sitharaman's Budget 2023 likely to avoid populist measures
1 year, 11 months ago

Why Nirmala Sitharaman's Budget 2023 likely to avoid populist measures

Hindustan Times  

Union finance minister Nirmala Sitharaman’s Budget 2023, a key deciding factor prior to the 2024 Lok Sabha election, may avoid populist measures. During the tenure of the first National Democratic Alliance government, spending on defence decreased from 2000-03 average of 18 per cent to 15.2 per cent of the budget share in 2003-04. Due to the government’s commitment to fiscal …

Budget 2023 Team: Know FM Nirmala Sitharaman's Squad Responsible For Preparing Union Budget
1 year, 11 months ago

Budget 2023 Team: Know FM Nirmala Sitharaman's Squad Responsible For Preparing Union Budget

News 18  

The ‘halwa ceremony‘, which was conducted on Thursday, has marked the final stage of the Budget preparation process for the Union Budget 2023-24. Here’s a look at the core team responsible for the Budget 2023 preparations: Finance Minister Nirmala Sitharaman Being the finance minister of the country, Nirmala Sitharaman is at the centre of the Budget. Sanjay Malhotra Sanjay Malhotra …

Full text: FM Nirmala Sitharaman unveils Union Budget 2022; 5G roll out by 2023, no change in income tax rates
2 years, 11 months ago

Full text: FM Nirmala Sitharaman unveils Union Budget 2022; 5G roll out by 2023, no change in income tax rates

Firstpost  

Finance minister Nirmala Sitharaman on Tuesday presented the Union Budget 2022 in the second year of the COVID-19 pandemic. Among the highlights were an annoucement that E-passports using embedded chips and futuristic tech will be rolled out; 400 new generation Vande Bharat trains with better efficiency to be brought in during the next three years; 100 PM Gati Shakti Cargo …

Budget 2022: No change in income tax slabs announced
2 years, 11 months ago

Budget 2022: No change in income tax slabs announced

India Today  

Finance Minister Nirmala Sitharaman, while presenting the Union Budget, did not announce any new changes in tax slabs for the personal income tax category. It was highly expected that some incremental changes would be introduced to the current income tax regime, but, no significant change was announced. Read: Budget 2022: What Nirmala Sitharaman said on income tax and return filing …

Budget 2022 | Rs 1,500 Crore For Development Initiatives In North-East In Coming Year: FM Sitharaman
2 years, 11 months ago

Budget 2022 | Rs 1,500 Crore For Development Initiatives In North-East In Coming Year: FM Sitharaman

ABP News  

Finance Minister Nirmala Sitharaman presented the Union Budget 2022 in Parliament today. "PM development initiatives for North East will be implemented for the North Eastern Council. This scheme is not a substitute for the existing Centre or State schemes," FM Nirmala Sitharaman said while presenting the Budget 2022. This scheme is not a substitute for the existing Centre or State …

Budget 2022: Creation of 60 lakh jobs next target of govt, says FM Nirmala Sitharaman
2 years, 11 months ago

Budget 2022: Creation of 60 lakh jobs next target of govt, says FM Nirmala Sitharaman

India Today  

Presenting the Union Budget 2022, Finance Minister Nirmala Sitharaman said the next target of the government is to create 60 lakh jobs. "Production Linked Incentive Scheme for achieving Aatmanirbhar Bharat has received an excellent response, with potential to create 60 lakh new jobs and additional production of 30 lakh crore during next Keycap digit five years," she said. Read: Budget …

LIVE: This Budget brings more infra, more growth and more jobs, says PM
2 years, 11 months ago

LIVE: This Budget brings more infra, more growth and more jobs, says PM

Business Standard  

Budget 2022 LIVE updates: Finance Minister Nirmala Sitharaman on Tuesday unveiled Budget 2022-23 that aims to boost growth amid continued disruption from Covid-19 and rising inflation. The government has projected GDP growth at 8 per cent to 8.5% compared with an estimated 9.2 per cent for the current fiscal year and a 6.6 per cent contraction the previous year. India …

Union Budget 2022: Decoding Expectations Of India Inc And What Lies Ahead
2 years, 11 months ago

Union Budget 2022: Decoding Expectations Of India Inc And What Lies Ahead

ABP News  

New Delhi: With just a few days left for the Union Budget, India Inc and market experts have their eyes on the upcoming Budget. Deductions for home loan principal repayment, over and above the existing 80C and hiking the Rs 2 lakh tax rebate on housing loan interest rates under Section 24 of the Income-Tax Act to at least Rs …

Govt Raises Provident Fund Threshold Limit to Rs 5 Lakh for Earning Tax-free Interest
3 years, 9 months ago

Govt Raises Provident Fund Threshold Limit to Rs 5 Lakh for Earning Tax-free Interest

News 18  

The government on Tuesday raised the deposit threshold limit to Rs 5 lakh per annum in provident fund for which interest would continue to be tax exempt. In her Budget presented to Parliament on February 1, Finance Minister Nirmala Sitharaman had provided that interest on employee contributions to provident fund over Rs 2.5 lakh per annum would be taxed from …

Nirmala Sitharaman’s Budget 2021 Focuses on What the Economy Needs—Investment in Infrastructure
3 years, 11 months ago

Nirmala Sitharaman’s Budget 2021 Focuses on What the Economy Needs—Investment in Infrastructure

News 18  

The Budget 2021 presented by Union Minister of Finance Nirmala Sitharaman is expected to reinvigorate the economy post-pandemic. Further, the government has announced the capex budget will be up over 34 per cent to Rs 5.54 lakh crore and, in addition to this, there is a substantial allocation for roads and railways. The other key takeaway from Finance Minister Nirmala …

Budget 2021: Centre allocates ₹73K cr to MGNREGA for next fiscal
3 years, 11 months ago

Budget 2021: Centre allocates ₹73K cr to MGNREGA for next fiscal

Live Mint  

The Centre has allocated ₹73,000 crore to the rural employment guarantee programme MGNREGA for the next fiscal 2021-22, substantially lower than the actual expenditure of ₹1.11 lakh crore in the current fiscal which included an additional ₹40,000 crore for the scheme given by the government in the wake of the pandemic's impact on the economy. As per a detailed financial …

Aaj Ki Baat Exclusive | Agri cess, MSP, fiscal deficit: FM Sitharaman allays fears arising out of Budget 2021
3 years, 11 months ago

Aaj Ki Baat Exclusive | Agri cess, MSP, fiscal deficit: FM Sitharaman allays fears arising out of Budget 2021

India TV News  

Union Finance Minister Nirmala Sitharaman on Monday presented the Union Budget 2021, her third as Finance Minister on Monday. Bringing the budget in the most challenging times during the pandemic, Finance Minister Nirmala Sitharaman in an exclusive conversation in Aaj Ki Baat with Rajat Sharma, Editor-In-Chief and Chairman, India TV, discussed the key highlights of the Union Budget 2021. Aaj …

This is no 1991, but Sitharaman's budget should boost growth, create jobs and stimulate a COVID-hit economy
3 years, 11 months ago

This is no 1991, but Sitharaman's budget should boost growth, create jobs and stimulate a COVID-hit economy

Firstpost  

When all that the Opposition can muster to criticise the Union budget is a from the 1980s or a meaningless bombast, it is evident that Nirmala Sitharaman has nailed the political messaging. This is by no measure a 1991-style pathbreaking budget but with its massive, forensic focus on infrastructure, major hike in capital expenditure with a lower-than expected fiscal deficit, …

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