Articles for Capital Budget

Market leaders urge finance minister to take liquidity-boosting measures in upcoming budget
1 week, 1 day ago

Market leaders urge finance minister to take liquidity-boosting measures in upcoming budget

Live Mint  

New Delhi: Industry leaders from the capital market and financial sector urged measures to boost liquidity in the market and cut taxes on fixed deposit products in pre-budget consultations with finance minister Nirmala Sitharaman on Thursday. The proposals made by the capital market and financial sector included suggestions to align the taxation of fixed deposit products with that of equity …

Finance India Market Budget Sector Finance Minister Nirmala Sitharaman
Reeves: Budget tax raid not enough to fix NHS
2 months, 2 weeks ago

Reeves: Budget tax raid not enough to fix NHS

The Telegraph  

Tax rises in the Budget will not be the last, the Chancellor has suggested after admitting that the money she will give the NHS on Wednesday will not be enough to fix it. Rachel Reeves is set to inflict a £35 billion tax raid by raising National Insurance contributions for employers and increasing capital gains tax, in part to fund …

Nhs Tax Capital Budget
Unlocking philanthropic capital
4 months, 3 weeks ago

Unlocking philanthropic capital

Hindustan Times  

India has always had a very rich tradition of giving. Philanthropy In the Union Budget 2024, the government has taken some positive steps towards rationalisation of charity tax provisions in the Income-tax Act, 1961 relating to administration and compliance of charitable institutions, through four specific amendments which can promote simplification, flexibility and scale for the not-for-profit sector: Simplification : Taxability …

India Philanthropy Budget Institutions Exemption Certain Conditions Provisions
Changes in long-term capital gain tax to benefit most real estate investors: Revenue Secy
5 months, 2 weeks ago

Changes in long-term capital gain tax to benefit most real estate investors: Revenue Secy

Hindustan Times  

New Delhi, Jul 24 Revenue Secretary Sanjay Malhotra has said that the changes in Long-Term Capital Gain Tax announced in the Budget by Finance Minister Nirmala Sitharaman will benefit most of the people investing in the real estate sector. The Budget has lowered the LTCG from 20 per cent to 12.5 per cent but removed the indexation benefits. This will …

Real Estate Tax Budget Benefit Gain Ltcg Indexation
The rationale for the tax proposals
5 months, 2 weeks ago

The rationale for the tax proposals

The Hindu  

The 2024-25 Budget is not just an account of receipts and expenditures for the financial year; it also sets the stage for several years in terms of expectations. Budget 2024 |Middle class discontented, real estate sector applauds tax reforms Regarding the general proposals, two sets pique interest — first, those relating to capital markets and second, those relating to the …

Finance India Tax Budget Capital Markets Income Capital
Budget 2024: The Indian middle class expected more
5 months, 2 weeks ago

Budget 2024: The Indian middle class expected more

Hindustan Times  

Budget 2024 came at a rare moment in the history of Indian budgets. Mostly aimed at first time workers, the government is willing to spend money to move people into formal employment as reflected in the Employees Provident Fund Organisation employment numbers. From 35,000 feet, the Budget 2024 story is this: The government will continue to tax the top 10% …

Tax Money Budget Indian Middle
Budget 2024: Capital gains taxes hiked, indexation benefit discontinued for property sale
5 months, 2 weeks ago

Budget 2024: Capital gains taxes hiked, indexation benefit discontinued for property sale

Hindustan Times  

Finance Minister Nirmala Sitharaman on Tuesday announced an increase in both long-term and short-term capital gains tax. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} While the short-term capital gains tax has been increased from 15 per cent to 20 per cent, LTCG will be flat at 12.5 per cent. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} On the positive side, for the benefit of the lower …

Tax Budget Capital Gains Tax Capital Capital Gains Pti Sitharaman
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 …

Pradesh Andhra Budget Fm
Ajit Pawar presents interim budget, state debt reaches ₹7.82 lakh crore
10 months, 2 weeks ago

Ajit Pawar presents interim budget, state debt reaches ₹7.82 lakh crore

Hindustan Times  

MUMBAI: Finance minister Ajit Pawar on Tuesday presented a ₹6 lakh crore interim budget with a revenue deficit of ₹9,734 crore. While the government is aiming for a $1trillion state economy, its debt burden has reached ₹7.82 lakh crore after a net borrowing of ₹72,000 crore. The PM has announced welfare schemes for youth, women, the poor and farmers, which …

Budget Maharashtra Capital Pawar State Crore Lakh
Vijayawada Municipal Corporation tables a deficit budget of ₹90 crore for 2024-25
10 months, 3 weeks ago

Vijayawada Municipal Corporation tables a deficit budget of ₹90 crore for 2024-25

The Hindu  

The Vijayawada Municipal Corporation on February 17 presented a deficit Budget of ₹90 crore for the financial year 2024-25, with the total estimated income for the civic body for the year touching ₹1,370 crore and estimated expenses ₹1,460.82 crore. The estimated income for the coming year includes ₹820.9 crore revenue income, ₹501.42 crore capital income and deposits and advances of …

Budget Crore Estimated
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 Sitharaman
Budget 2024: Expectations of individual taxpayers
11 months, 1 week ago

Budget 2024: Expectations of individual taxpayers

Live Mint  

As is usual around this time of the year, the expectations of the taxpayers’ skyrocket for concessions in tax and other favourable changes in the income-tax law from the budget, and this year is no different, in fact, more so, as we are in an election year. In the 2019 interim budget, the government announced favourable tax proposals such as …

Tax Budget Cities Capital Lakh Increase Deduction
Budget 2024: How should traders position themselves for tomorrow?
11 months, 1 week ago

Budget 2024: How should traders position themselves for tomorrow?

Live Mint  

Continuing with the negative trend for the month of January, Indian indices have lost around half a percent this month on the back of mixed global cues and volatility ahead of the budget. Read here: Budget 2024: ICRA predicts these changes for markets, mutual funds and taxation During the budget, a critical analysis of pre-rally trends becomes imperative, serving as …

Markets Market Capital Iron Budget 2024 Short Position
Union Budget 2023-24 | Without growth or welfare, a Budget that curtails social spending
1 year, 11 months ago

Union Budget 2023-24 | Without growth or welfare, a Budget that curtails social spending

The Hindu  

Published : Feb 07, 2023 15:57 IST If we ignore the hype that accompanies and follows the presentation of the Central government’s annual Budget, there are principally two strands in it that have attracted attention. The first is the claim of Finance Minister Nirmala Sitharaman that in a growth-accelerating intervention, the step-up in capital or investment expenditure during the second …

Finance Growth Social Budget States Capital Spending
Budget euphoria in capital markets fizzles out as Adani stocks slump
1 year, 11 months ago

Budget euphoria in capital markets fizzles out as Adani stocks slump

The Hindu  

Shares of Adani Group firms taking a beating on the bourses wiped out the gains the capital markets reaped in the early hours of trade following a positive response to the presentation of the Union Budget on Wednesday. “Despite positive budgetary announcements, Indian equities closed lower due to the sell-off in Adani Group stocks when news emerged that Credit Suisse …

Budget Adani Stocks Slump
Watch | Union Budget 2023-24 Highlights | Income tax rebate limit increased to ₹7 lakh; Railways accorded highest-ever capital outlay
1 year, 11 months ago

Watch | Union Budget 2023-24 Highlights | Income tax rebate limit increased to ₹7 lakh; Railways accorded highest-ever capital outlay

The Hindu  

Announcing its last full budget before the 2024 elections, the NDA government focused on a slew of measures that expanded Capital Expenditure spending and tied in various priorities including Green Growth, Youth Power and Inclusive Development. Here are the key highlights from today budget speech: Major announcements: > Finance Minister Nirmala Sitharaman upped the rebate limit for paying income taxes …

Finance Tax Budget Capital Crore Lakh Deficit
Rs 75 Thousand Crore Capital Outlay For Railways, 50 Airports To Be Revived: FM Sitharaman
1 year, 11 months ago

Rs 75 Thousand Crore Capital Outlay For Railways, 50 Airports To Be Revived: FM Sitharaman

ABP News  

Union Budget 2023-24 India Highlights: Finance Minister Nirmala Sitharaman is presenting her fifth Union Budget in Parliament on Wednesday. On Tuesday, Prime Minister Narendra Modi stated that the entire world is paying attention to India's budget. In the final full-year Budget before the general elections in 2024, the Narendra Modi-led government may also try to appease every sector of society …

India Budget Union Budget
Defence Ministry Forms Panel to Look into Capital Budget Spend on Domestic Purchases
2 years, 8 months ago

Defence Ministry Forms Panel to Look into Capital Budget Spend on Domestic Purchases

News 18  

The Ministry of Defence has set up a committee headed by a senior government official to oversee expenditure of the capital budget earmarked for procurements from the domestic industry in 2022-23 and ensure its full utilisation, News18 has learnt. News18 was the first to report on April 9 that the ministry, in 2021-22, has met the set target of spending …

Defence Domestic Acquisition Crore Ministry Capital Budget Dac
Collaboration with Private Industry to Meet Defence Needs Right Call, Bureaucracy Must Not Scuttle It
2 years, 11 months ago

Collaboration with Private Industry to Meet Defence Needs Right Call, Bureaucracy Must Not Scuttle It

News 18  

National security is so closely linked to economy that a country cannot sustain continued expenditure on defence unless it is backed by a vibrant economy. India now takes prides in being home to world-class private industry which is capable of manufacturing even the most sensitive and technologically advanced equipment, probably with foreign collaboration and technology sharing, hence, they must be …

India Economy Security Development Indian Cent Private
Why This Budget Reflects a New India That Refuses to Compromise on Aspirations, Come What May
3 years, 11 months ago

Why This Budget Reflects a New India That Refuses to Compromise on Aspirations, Come What May

News 18  

A century after Spanish Flu, the world was struck again by a devastating pandemic. Push for Making Railways Future-Ready For the rail sector, one the most critical transport infrastructure, this year’s allocation witnessed highest-ever plan for capital expenditure, to the tune of a whopping Rs 2,15,058 crore, of which Rs 1,07,100 crore is being allocated from the Union Budget while …

Health Finance India China Infrastructure Development Budget
Benchmarks Build on Gains as Budget Cheer Continues, Sensex Leaps 1,197 Points
3 years, 11 months ago

Benchmarks Build on Gains as Budget Cheer Continues, Sensex Leaps 1,197 Points

News 18  

The Sensex soared nearly 1,200 points while the NSE Nifty reclaimed the 14,600-mark on Tuesday as the post-Budget rally continued for the second session with brisk buying in banking, finance and infra stocks. After briefly topping the 50,000-level, the 30-share BSE Sensex ended 1,197.11 points or 2.46 per cent higher at 49,797.72. Together with Budget day gains, the Sensex has …

Market Budget Nifty Cent Bse Points Gains
Budget: Capital Market May Seek Change In Dividend Distribution Tax
5 years ago

Budget: Capital Market May Seek Change In Dividend Distribution Tax

ABP News  

New Delhi: Finance minister Nirmala Sitharaman will meet groups of stakeholders from Monday to seek inputs from each sector on their concerns and how the growth, consumption, demand and industry will be revived from the 4.5 per cent GDP growth. To begin with, the Finance ministry said Sitharaman will meet the stakeholder groups of 'New Economy: Start-ups, Fintech and Digital …

Tax Capital Capital Market
Telangana fiscally more prudent than Andhra Pradesh
5 years, 6 months ago

Telangana fiscally more prudent than Andhra Pradesh

Deccan Chronicle  

Hyderabad: The financial management of Telangana state is better than that of neighbouring Andhra Pradesh. The Telangana state government had projected only Rs 5,520 crore revenue surplus in the budget estimate, but at the end of the financial year, it was Rs 7,523 crore. Total revenue receipts of the AP government were 77.92 per cent of the budget estimate while …

Financial Budget Capital Telangana Revenue Crore Cent