Budget 2023

Union Budget 2024: Securing supply chain stability and embracing new technologies are essential for the sector's long-term sustainability and efficiency

Union Budget 2024: Standard deduction represents a portion of the income that is not subject to taxation; it serves as a comprehensive allowance for tax deductions available to salaried employees

The Congress on Saturday accused the Centre of under-utilising the budget for the northeast and said it is the only political party that can deliver justice to the states in the region. "The Modi government's 'Bluff and Rule' policy continues to unravel. The Modi government has a history of allocating big budgets to the North East and then chronically underutilising these budgets in the last 10 years," Congress general secretary Jairam Ramesh said in a post on X. He said since 2014, the government led by Prime Minister Narendra Modi has utilised the full budget for the northeast only on two occasions. "While the UPA consistently utilised around 90 per cent of the budget, the Modi government's utilisation falls to a mere 60 per cent regularly. "In FY23, the budget was Rs 2,755 crore. However, in June 2023, a report from the Controller General of Accounts (CGA) revealed that the ministry utilised only Rs 989 crore (35.9 per cent) of its allocated budget," the former Union minister ..

Unlike recent Budgets, this year most taxpayers are in for a pleasant surprise with rationalisation of rates and slabs, which reduce the effective tax burden. In balance, it's a mixed bag

Ahead of Budget 2024, here is a recap of the Budget presented by Union Finance Minister Nirmala Sitharaman on February 1, 2023

From crypto tax to the introduction of PM-Kisan scheme, here are the highlights of the last 5 Union Budget (2019-2023) announcements under first full-time woman Finance Minister Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman is set to table the interim budget for 2024-25 on Thursday, February 1

Stock market highlights on Monday, January 29: Tata Motors (up 3.7 per cent), Power Grid, L&T, NTPC, Kotak Bank, Ultratech Cement, Titan, Sun Pharma, Axis Bank, and HDFC Bank were other top gainers

Women entrepreneurs and leaders highlight key areas, including healthcare, maternity benefits, education, and skill training, where more inclusive policies could be drafted in Budget 2024

From welfare schemes to infrastructure & digital development, here are the highlights of Budget 2023 for the agricultural sector in India and the expectation for the Interim Budget 2024

The National Education Policy, introduced in 2020, states that 6% of the country's GDP should go towards education. Here is a look on how the country has fared in over a decade of education

Earlier this month, finance minister for state Bhagwat Karad said that the Centre was confident of meeting the fiscal deficit target of 5.9% in FY24

Rediffusion survey of what dominated people's minds in 2023 shows enormous pride in India

John Mathai, an economist, was independent India's first railway minister and presented the first independent Railway Budget in 1947

The average annual budgetary allocation of the Ministry of Road Transport & Highways has increased by 940% from Rs 25,872 crore per year during 2009-14 to Rs 2.7 trillion during 2023-24

Capital expenditure by central public sector enterprises touched about 52 per cent of the Budget target at Rs 3.79 lakh crore in the first half of current fiscal, the finance ministry said on Wednesday. This is higher than the capex by CPSEs in the April-September period of last fiscal. In the first half of previous fiscal, the figure stood at Rs 2.85 lakh crore or 43 per cent of Budget estimates for 2022-23 fiscal. "Capital Expenditure #CAPEX targets by Central Public Sector Enterprises #CPSEs on track with 51.71% of target achieved till September 2023," the finance ministry said in a post on X. Against estimated expenditure of Rs 7.33 lakh crore for full 2023-24, Rs 3.79 lakh crore (approx.) achieved i.e. about 51.71 per cent as on 30th September, 2023, it said. The full year capex by CPSEs was estimated at Rs 6.62 lakh crore in 2022-23 fiscal.

RRSK was introduced in 2017-18 for the upgradation of critical safety assets with a corpus of Rs 1 trillion for five years

Here is everything you need to know about the meaning of interim Budget, why and when it is presented, vote-on-account, and more

If cleared, the total outlay of MGNREGS will be at Rs 88,000, nearly around last year's actual expenditure of Rs 89,400 crore

The total area under cultivation in Telangana increased from 1.31 crore to 2.20 crore acres, while paddy production rose from 68 lakh metric tonnes to 2.7 crore metric tonnes during the last nine years, the state government has said. With the implementation of pro-farmer initiatives like free electricity to agriculture, 'Rythu Bandhu' investment support scheme, farm loan waiver and construction of irrigation projects, the agriculture sector has seen rapid progress, it said in a release. In order to fully utilise the water from the Godavari and Krishna rivers, projects such as Sriram Sagar Project flood canal which was left incomplete and Kaleswaram, Palamuru-Ranga Reddy irrigation projects were undertaken. The government has spent Rs 1.59 lakh crore from 2014 till now for the construction of irrigation projects. The Kaleshwaram project was completed in record time while Rs 5,249 crore was spent under Mission Kakatiya programme to revive ponds of the erstwhile Kakatiya era, the rele