Articles for Budget 2024

Budget 2024: Five key tax takeaways at a glance
1 month, 3 weeks ago

Budget 2024: Five key tax takeaways at a glance

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Rachel Reeves makes Budget speech, 30 October 2024 Taking the …

Tax Labour Duty Inheritance Cent Rate Reeves
Budget 2024 costing: How could Labour find £40bn in tax rises and spending cuts?
1 month, 3 weeks ago

Budget 2024 costing: How could Labour find £40bn in tax rises and spending cuts?

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. The party’s gloomy messaging has set the stage for a …

Labour Treasury Spending Likely Email Spending Cuts Cuts
Best budget holidays for October half term 2024
2 months, 2 weeks ago

Best budget holidays for October half term 2024

The Independent  

Sign up to Simon Calder’s free travel email for expert advice and money-saving discounts Get Simon Calder’s Travel email Get Simon Calder’s Travel email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Departs 28 October Durrës, Albania open image in gallery The popular beach destination will also be a hit for history …

Holiday Lyon London Eurostar Turkey British Mediterranean
India’s defence budget 2024: Hits and misses
4 months, 1 week ago

India’s defence budget 2024: Hits and misses

Hindustan Times  

The defence sector budget allocation remained the same as the interim budget allocation, with finance minister Nirmala Sitharaman presenting the full budget on July 23, 2024, after the formation of the new government. Even though the budgetary allocation to the Defence Research and Development Organisation has increased to ₹23,855 crore in FY 2024-25 from ₹23,263.89 crore in FY 2023-24, there …

India Crore Budget 2024 Drdo Allocation Defence Pension
Budget 2024: Transformative approach to skill development and employment growth
4 months, 2 weeks ago

Budget 2024: Transformative approach to skill development and employment growth

Hindustan Times  

Budget 2024 reflects a transformative approach to realising the vision of ‘Viksit Bharat’. Budget 2024, has provisioned for the establishment of the Critical Mineral Mission, to focus on advanced training and skill development. The approach to inclusivity in Budget 2024 is also emphasised through the Inclusive Human Resource Development and Social Justice. Moreover, the Pradhan Mantri Janjatiya Unnat Gram Abhiyan, …

Youth Women Development Budget Skill Development Job Creation 2024
Budget 2024: Is the new income tax regime beneficial for all salaried taxpayers?
4 months, 4 weeks ago

Budget 2024: Is the new income tax regime beneficial for all salaried taxpayers?

Hindustan Times  

The government is nudging salaried income taxpayers to move to a new regime, which it says is simpler and offers lower rates of taxes. In her 2020 budget speech introducing the new tax regime, finance minister Nirmala Sitharaman noted that the income tax law allowed more than 100 exemptions and deductions. Those who had made certain investment decisions to benefit …

Income Rates Lakh Regime Deduction Deductions Budget 2024
Budget 2024 creates a template for reforms in Modi 3.0
4 months, 4 weeks ago

Budget 2024 creates a template for reforms in Modi 3.0

Firstpost  

This year’s Budget stands out for its balanced approach, focusing on fiscal discipline, capital expenditure, regulatory simplification, job creation, and next-generation reforms, aiming to stimulate high growth and employment Budgets have long been spectacles of grand announcements and symbolic gestures. Additionally, the budget aims to enhance women’s workforce participation through infrastructure support and specialised skilling programmes, and to upgrade 1,000 …

Employment Tax Reforms Capital Job Creation Lakh Nda
Budget 2024: Government keeps focus on critical areas
4 months, 4 weeks 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 …

Support Manufacturing Indian Job Creation Budget 2024
Budget 2024: Outlay hiked for nuclear, thermal and solar power
4 months, 4 weeks ago

Budget 2024: Outlay hiked for nuclear, thermal and solar power

Hindustan Times  

Union finance minister Nirmala Sitharaman, in her budget speech on Tuesday, announced a diversified energy plan for India focussed on small, modular nuclear reactors, rooftop solar plants, and the development of indigenous technology for Advanced Ultra Super Critical thermal power plants with much higher energy efficiency. “.we will further encourage it.” Sitharaman said the development of indigenous technology for AUSC …

India Energy Development Nuclear Energy Climate Nuclear Climate Finance
Budget 2024: With ₹2.65 lakh crore outlay, Railways to prioritise safety
4 months, 4 weeks ago

Budget 2024: With ₹2.65 lakh crore outlay, Railways to prioritise safety

The Hindu  

The Ministry of Railways has received a record allocation of over ₹2.55 lakh crore in financial year 2024-25, which is a jump of 5.85% from the previous year’s ₹2.41 lakh crore, according to Union Budget documents. The total outlay provided for capital expenditure includes ₹2.52 lakh crore from general revenues, ₹200 crore from Nirbhaya Fund, ₹3,000 crore from internal resources …

Railways Crore Lakh Vaishnaw Budget 2024 Kavach Capital Expenditure
What's in Budget 2024 for students, women and professionals | A quick guide
5 months ago

What's in Budget 2024 for students, women and professionals | A quick guide

India Today  

Budget 2024-25, presented by Finance Minister Nirmala Sitharaman on Tuesday, has something for almost everyone. LOANS UP TO RS 10 LAKH FOR STUDENTS To assist students who have not been benefitted under any government initiatives, Budget 2024 has provision for financial support for loans of up to Rs 10 lakh. For promoting women-led development, the Budget carries an allocation of …

Youth Women Tax Budget 2024 Lakh Schemes
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 …

Finance India Bihar Tax Jobs Budget Congress
Budget 2024: A case for HNIs to revise investment portfolios
5 months ago

Budget 2024: A case for HNIs to revise investment portfolios

Live Mint  

In a groundbreaking move, the Union Budget 2024-25 has introduced sweeping changes to the capital gains tax regime. View Full Image Graphic by Pranay Bhardwaj Lucrative option in ETFs In a similar vein, the budget aligns the tax rates on gold and silver exchange-traded funds with those of listed equities, offering investors a more straightforward and potentially more lucrative option …

Market Tax Budget 2024 Financial Asset International Investment Hnis
Union Budget 2024: Rahul Gandhi Calls it "Kursi Bachao" Budget
5 months ago

Union Budget 2024: Rahul Gandhi Calls it "Kursi Bachao" Budget

Deccan Chronicle  

New Delhi: Leader of the Opposition Rahul Gandhi on Tuesday reacted to the Union Budget present by Finance Minister Nirmala Sitharaman, calling it "Kursi Bachao" budget and claimed that the Centre makes hollow promises to its allies at the cost of other states Rahul Gandhi said the budget is aimed at appeasing its allies and cronies. The Congress leader also …

Finance Congress Rahul Gandhi Leader Manifesto Budget 2024 Inc
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 …

Union Centre Sitharaman Spend Deficit Budget 2024 Fiscal
FM Says Salaried Employees Under New Tax Regime To Save Rs 17,500 Annually, Here's How
5 months ago

FM Says Salaried Employees Under New Tax Regime To Save Rs 17,500 Annually, Here's How

News 18  

Budget 2024: Salaried employees under new tax regime to save up to Rs 17,500 annually in taxes due to changes proposed in Budget FY25, announced Finance Minister Nirmala Sitharaman on Tuesday. The new tax slabs under the new income tax regime will be effective from April 1, 2024.. FM proposed the following changes in the new tax regime; – Standard …

Tax Lakh Regime Budget 2024 Slab Salaried Employees New Tax Regime
Budget 2024 Boost To New Tax Regime: Standard Deduction Raised To Rs 75k From Rs 50k
5 months ago

Budget 2024 Boost To New Tax Regime: Standard Deduction Raised To Rs 75k From Rs 50k

News 18  

Finance Minister Nirmala Sitharaman on Tuesday announced to increase standard deduction limit to Rs 75,000 under the new tax regime, compared with Rs 50,000 earlier. Presenting the Union Budget for 2024-25, Finance Minister Nirmala Sitharaman also said the government will come out with SoP for TDS defaults and simplify and rationalise compounding of such offences. More than two-thirds of individuals …

Tax Budget 2024 Live Updates Union Budget Standard Deduction
Budget 2024: Customs duty on gold, silver cut to 6%, sops for diamond industry
5 months ago

Budget 2024: Customs duty on gold, silver cut to 6%, sops for diamond industry

The Hindu  

Union Finance Minister Nirmala Sitharaman has proposed to reduce Customs Duties on gold and silver to 6% and on platinum to 6.4% providing big relief to buyers of these precious metals. As per the proposal, duty on gold bars has been cut from 15% to 6%, gold dore from 14.355 to 5.35%, for platinum from 15.4% to 6.4%, for silver …

India Customs Jewellery Gold Silver Cut Budget 2024
Budget 2024: 5 Things the real estate sector looks forward to from the finance minister
5 months ago

Budget 2024: 5 Things the real estate sector looks forward to from the finance minister

Hindustan Times  

Budget 2024 will be presented by Finance Minister Nirmala Sitharaman today and the real estate sector hopes that the government will focus on affordable and middle income housing in the Budget. The real estate sector hopes that the government will push for affordable and middle income housing in Budget 2024. The government should raise the deduction limit for interest payment …

Finance India Tax Land Estate Real Lakh
Budget 2024: What will be cheaper and what to cost more
5 months ago

Budget 2024: What will be cheaper and what to cost more

New Indian Express  

What Will Get Cheaper The Budget 2024 recommends reduced customs duty on mobile phones, and chargers to 15% from the current 20%. Prices of certain other industrial products such as ferro nickel and blister copper also will be get reduced as government has removed basic customs duties on them as well. Additionally, the Budget has also proposed customs duty exemption …

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

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

India Energy Tax Medical Devices Economic Growth Manufacturing Renewable Energy
Budget 2024: Credai’s wish list for the FM includes tax sops for buyers, affordable housing incentives for builders
5 months ago

Budget 2024: Credai’s wish list for the FM includes tax sops for buyers, affordable housing incentives for builders

Hindustan Times  

Real estate developers body, the Confederation of Real Estate Developers Associations of India, in its wish list for Budget 2024, has said that the government should consider allowing unlimited interest deductions for the first self-occupied property or increasing the deduction limit to ₹5 lakh from ₹2 lakh for homebuyers. Budget 2024: Credai in its wish list for the FM has …

India Housing Budget Interest 2024 Estate Real
Union Budget 2024: Realtors Want Industry Status, Removal of Capital Gains Tax
5 months ago

Union Budget 2024: Realtors Want Industry Status, Removal of Capital Gains Tax

News 18  

Union Finance Minister Nirmala Sitharaman will present the first full-year Budget of the Modi 3.0 government on July 23, 2024. “Removing capital gains tax on real estate would eliminate the tax paid on profits from selling property. Providing developers access to input tax credit is not just a financial incentive but a strategic measure that can boost sectoral growth for …

Real Estate Housing Tax Estate Real Sector Budget 2024