Budget 2025: 5 key announcements India is waiting for
3 days, 6 hours ago

Budget 2025: 5 key announcements India is waiting for

India Today  

As the Union Budget 2025 approaches, anticipation is building across India. Industry experts believe that lowering these duties could alleviate inflationary pressures, increase disposable income, and improve consumption, particularly in lower-income households. By stimulating growth in these sectors, the government could generate jobs, boost domestic production, and position India as a stronger player in global markets. Proposals include increasing daily wages under employment schemes, enhancing direct benefit transfers, and offering consumption vouchers for low-income families to increase purchasing power and demand in rural markets. With India eagerly awaiting Budget 2025, these proposed measures have the potential to boost economic growth, ease inflation, and create jobs.

India Budget 2025  budget  2025  industries  inflation  india  income  relief  rural  waiting  key  consumption  global  announcements  economic

History of this topic

Budget 2025 likely to focus on creating new job opportunities, CII gives this suggestion to government
1 day, 14 hours ago

Budget 2025 likely to focus on creating new job opportunities, CII gives this suggestion to government

India TV News  

The Central government is trying to boost employment opportunities across the country through several initiatives aimed at creating new jobs. CII’s seven suggestions for employment generation In its suggestion, the industry body has proposed seven suggestions for utilising India’s demographic advantage. CII has also recommended that the government consider launching an internship program targeting rural areas, particularly in government offices, …

Budget 2025: Date, time, and what to expect
Trending News
3 days, 5 hours ago

Budget 2025: Date, time, and what to expect

India Today  

The countdown to India’s most significant financial event has begun. With the Union Budget 2025 on the horizon, the nation eagerly awaits the announcement of key policy changes, tax reforms, and welfare measures. Finance Minister Nirmala Sitharaman is all set to present the Union Budget, and the day is bound to set the stage for economic growth and governmental strategies. …

Budget 2025: 5 reforms that could make new tax regime a better deal for you
Trending News
3 days, 14 hours ago

Budget 2025: 5 reforms that could make new tax regime a better deal for you

India Today  

Finance Minister Nirmala Sitharaman is expected to present the Union Budget 2025 on February 1, 2025. The new tax regime is expected to take centre stage in the budget, with reforms designed to make it a more attractive alternative to the traditional tax structure. POSSIBLE REFORMS IN THE NEW TAX REGIME The upcoming budget could include several changes to the …

Budget 2025: Date, time, stock market updates for February 1 presentation
4 days, 3 hours ago

Budget 2025: Date, time, stock market updates for February 1 presentation

India TV News  

Budget 2025: The Union Budget for 2025 will be presented in Parliament on January 1, maintaining the tradition followed in previous years. Finance Minister Nirmala Sitharaman will deliver the Budget, her eighth budget speech, which consists of six annual budgets and two interim budgets. Budget speech timing Traditionally, the Finance Minister’s budget speech is scheduled for 11:00 AM on February …

Budget 2025 date and time: When will FM Nirmala Sitharaman present the Modi Government’s Union Budget this year?
5 days, 5 hours ago

Budget 2025 date and time: When will FM Nirmala Sitharaman present the Modi Government’s Union Budget this year?

Live Mint  

The Union Budget 2025 is expected to be presented in Parliament on February 1, 2025, following the tradition of recent years. In light of the Union Budget 2025 announcement, the Indian stock market will remain open on 1 February despite being a Saturday. Budget 2025: Date and time The Finance Minister will most likely present the Union Budget 2025 on …

Budget 2025: Top 6 expectations from the middle class
6 days, 7 hours ago

Budget 2025: Top 6 expectations from the middle class

India Today  

As the Union Budget 2025 draws near, the hopes of India’s middle class, particularly salaried individuals, are soaring. Enhanced support for retirement savings, education funds, and healthcare investments could help families secure their future while reducing their tax liability. INCREASED SAVINGS OPPORTUNITIES The middle class dreams of better avenues for savings, including policies that encourage investments in retirement funds, education, …

2024 yearender: A year marred by great economic uncertainties
6 days, 19 hours ago

2024 yearender: A year marred by great economic uncertainties

Hindustan Times  

Donald Trump will take charge as the US President for the second time on January 20, 2025. In a move that could have far-reaching consequences for the world economy, Trump has promised imposition of large-scale tariffs as a bargaining tool to buttress US’s economic dominance and well-being vis-à-vis other countries. Should Trump enter into an open conflict with the US …

Budget 2025: When was the last major income tax relief given?
Trending News
1 week ago

Budget 2025: When was the last major income tax relief given?

India Today  

The Union Budget 2025 is scheduled to be presented on February 1, 2025 as expectations are high among salaried individuals for income tax relief. Economists have also called on the government to cut income tax rates and implement reforms to boost savings and economic growth in the Union Budget 2025, as per media reports. PREVIOUS MAJOR INCOME TAX RELIEF Ajinkya …

Sops for Small Business Houses, Farmers, Tax Relief for Middle-Class Likely in Union Budget
1 week, 3 days ago

Sops for Small Business Houses, Farmers, Tax Relief for Middle-Class Likely in Union Budget

Deccan Chronicle  

New Delhi: The government is likely to announce some sops for small business houses and farmers in the upcoming budget as Union finance minister Nirmala Sitharaman on Thursday hinted in a pre-budgetary meeting with the stakeholders and experts from export, trade and industry sectors in the national capital here. The sources, however, said that keeping slow growth in micro, small …

India’s budget needs to address three medium-to-long term priorities
1 week, 4 days ago

India’s budget needs to address three medium-to-long term priorities

Live Mint  

As we approach the new year, preparation of the annual budget is proceeding in earnest. Apart from the annual balancing of expenditure, revenues and the deficit, the next budget will hopefully address some medium-to-long term priorities, as there is no other policy document that can address these concerns in the post-Five Year Plan era. Muted growth during the last two …

Union Budget: Jobs, farm productivity, funds for infra boost figure at PM-economists meet
1 week, 5 days ago

Union Budget: Jobs, farm productivity, funds for infra boost figure at PM-economists meet

The Hindu  

Job creation, improving farm productivity, and mobilising public funds for infrastructure development were some of the issues that figured during the interaction between Prime Minister Narendra Modi and economists ahead of the 2025-26 Union Budget. Suggestions were also made on aligning education and training programmes with the evolving needs of the job market, enhancing agricultural productivity and creating sustainable rural …

India File: In 2025, stock markets face a glass half full
2 weeks, 5 days ago

India File: In 2025, stock markets face a glass half full

Live Mint  

By Ira Dugal This was originally published in the India File newsletter, which is issued every Tuesday. Write to me at [email protected] This week in asia ** South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment ** China eyes negotiations as Trump threatens new tariffs ** BOJ's rate hike plans clouded by small firms' wage woes …

Indian economy set for resilient growth in 2025; urban consumption, infra investment to be key: S&P
3 weeks, 6 days ago

Indian economy set for resilient growth in 2025; urban consumption, infra investment to be key: S&P

Firstpost  

In its India outlook for 2025, S&P also retained India’s growth forecast for current fiscal at 6.8 per cent, followed by 6.9 per cent growth in 2025-26 S&P Global Ratings on Tuesday said the Indian economy is set for “resilient growth” in 2025 and projected inflation pressure to recede which will lead to “modest” easing of the monetary policy by …

These are the five worst-performing sectors of 2024. Will they turn around in 2025?
1 month, 1 week ago

These are the five worst-performing sectors of 2024. Will they turn around in 2025?

Live Mint  

This has been a year of reckoning for Indian equity markets, marked by a correction and phase of consolidation after an 18-month bull run. Nifty FMCG Index View Full Image Source: ACE Equity The biggest companies in this sector are Hindustan Unilever, Nestle, Godrej Consumer Products, Britannia Industries, Dabur and Marico. City gas distribution companies such as Mahanagar Gas and …

Can you expect major income tax changes in Budget 2025? Check details
1 month, 3 weeks ago

Can you expect major income tax changes in Budget 2025? Check details

India Today  

The Union Budget 2025-26 is set to usher in a new era of tax simplification in India, with the Finance Ministry working on comprehensive reforms to streamline the income tax system. The proposed reforms focus on three key areas: simplifying tax structures, expanding the tax base, and balancing revenue generation with taxpayer relief. SIMPLER TAX FILING Building on the success …

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 …

Budget 2024: Prioritising inclusivity and fiscal prudence
5 months, 1 week ago

Budget 2024: Prioritising inclusivity and fiscal prudence

The Hindu  

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

How Will Budget 2024 Impact The Aam Aadmi?
5 months, 1 week ago

How Will Budget 2024 Impact The Aam Aadmi?

ABP News  

Union Budget 2024: Every year, when the day of the budget comes near, the middle class, or tax-paying citizens of India, fix their eyes on the government. New Income Tax Slabs The following are the new income tax slabs that Budget 2024 proposes: Up to Rs 3 lakh: Nil Rs 300,001 to Rs 7 lakh: 5% Rs 700,001 to Rs …

Budget 2024 addresses India's immediate and long-term needs, says Tata Capital CEO
5 months, 1 week ago

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

Live Mint  

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

Budget 2024: Placing thrust on infrastructure
5 months, 1 week ago

Budget 2024: Placing thrust on infrastructure

The Hindu  

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

Budget 2024: A blueprint for sustainable growth and employment
5 months, 1 week ago

Budget 2024: A blueprint for sustainable growth and employment

The Hindu  

I would like to congratulate the Finance Minister for laying a well-defined road map for Viksit Bharat 2047 while continuing the focus on the immediate requirement. The support for the manufacturing sector, a package for employment generation, and the skilling and upskilling for 4.1 crore youth across sectors, are some of the key highlights of this budget. This, coupled with …

Budget 2024: Government keeps focus on critical areas
5 months, 1 week ago

Budget 2024: Government keeps focus on critical areas

The Hindu  

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

Union Budget 2024: A comprehensive pathway to inclusive growth and economic resilience
5 months, 1 week 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 …

The budget echoes the Developed India vision
5 months, 1 week 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: Just a political exercise to protect interests of Modi govt, says Kerala Finance Minister
5 months, 2 weeks 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, 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: How will it impact the common people and consumers? CHECK here
5 months, 2 weeks ago

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

India TV News  

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

9 priorities of Union Budget 2024: Energy security to next-gen reforms
5 months, 2 weeks 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 India: Sitharaman Announces 5 Schemes Focusing On 4.1 Crore Youth Over Next 5 Years
5 months, 2 weeks ago

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

ABP News  

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

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

Union Budget 2024 Highlights: Record High Capex In Budget Will Drive The Economy, Says PM Modi
5 months, 2 weeks ago

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

ABP News  

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

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

Budget 2024 Highlights: FM disappoints investors, rewards (some) taxpayers
5 months, 2 weeks ago

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

Hindustan Times  

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

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

Budget 2024 Expectations Highlights: Will Govt Bring Changes In Old and New Tax Regimes?
5 months, 2 weeks ago

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

News 18  

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

Sitharaman to present Budget 2024: Understanding the Budget, its impact on India's economy
5 months, 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 Expectations: Will Nirmala Sitharaman announce tax relief?
5 months, 2 weeks ago

Budget 2024 Expectations: Will Nirmala Sitharaman announce tax relief?

Hindustan Times  

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

A look at key macro numbers ahead of Budget: GDP, fiscal deficit, inflation
5 months, 2 weeks ago

A look at key macro numbers ahead of Budget: GDP, fiscal deficit, inflation

Hindustan Times  

Finance minister Nirmala Sitharaman is set to present the Union Budget 2024-25 on July 23 as experts widely expect that at least a few populist schemes will be announced which will help boost the rural economy and also create jobs. Here's a look at the macro numbers ahead of Budget 2024: Budget 2024: Experts widely expect that at least a …

Union Budget 2024: A look at 5 big themes before Sitharaman reveals cards
5 months, 2 weeks ago

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

Firstpost  

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

Union Budget 2024 Expectations LIVE: Will FM Nirmala Sitharaman Increase Section 80C Deduction Limit?
5 months, 3 weeks 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, 4 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 …

Delhi budget: Special focus on development of roads in rural pockets
10 months, 3 weeks ago

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

The Hindu  

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

Budget 2024: Delicate balancing by government testament to stability, growth
11 months ago

Budget 2024: Delicate balancing by government testament to stability, growth

Live Mint  

Navigating the intricate journey of presenting an interim budget in the lead-up to general elections presents a formidable challenge. This has resulted in a delicate balancing act, culminating in a budget that stands as a testament to stability, growth, and the government's unwavering dedication to inclusive development. The government has taken a bold step by elevating the capital expenditure for …

The budget does well on both the big Cs: Capex and consolidation
11 months ago

The budget does well on both the big Cs: Capex and consolidation

Live Mint  

Emphasis on the two big Cs—Capex and Consolidation—was the hallmark of India’s interim budget for 2024-25. The government’s concerted focus on capex-led growth has kept the economy in good stead, aiding its emergence as the fastest-growing major economy in the world for three consecutive years by logging 7%-plus real gross domestic product growth. The budget ticked all the boxes on …

Interim budget 2024-25: Govt stays the course on fiscal consolidation path
11 months ago

Interim budget 2024-25: Govt stays the course on fiscal consolidation path

Hindustan Times  

The government is on the path of fiscal consolidation, finance minister Nirmala Sitharaman said in her interim budget speech, revising the fiscal deficit estimate for FY24 to 5.8% of GDP from 5.9% estimated in the budget last year, and reiterated her resolve to bring it below 4.5% by 2025-26, targetting 5.1% in FY25 on the back of buoyant tax collections …

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

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

Live Mint  

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

Interim Budget 2024-2025 documents presented by FM Nirmala Sitharaman
11 months 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 …

Rural Housing scheme - Budget 2024: Nirmala Sitharaman highlights progress toward 3 crore rural houses, plans for additional 2 crore in next five years
11 months ago

Rural Housing scheme - Budget 2024: Nirmala Sitharaman highlights progress toward 3 crore rural houses, plans for additional 2 crore in next five years

The Hindu  

The country is close to achieving the target of 3 crore houses under the rural housing scheme and two crore more will be constructed in the next five years, Union Finance Minister Nirmala Sitharaman said on Thursday, February 1, 2024. Earlier this month, Prime Minister Narendra Modi released the first instalment of ₹540 crore to one lakh beneficiaries of a …

Discover Related