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Andhra Pradesh, Bihar package likely to cost Rs 20-30K crore to Centre

While Andhra Pradesh is expected to receive Rs 15,000-20,000 crore, Bihar is likely to receive Rs 5,000-10,000 crore in FY25

Job schemes not a mandate, but a nudge to firms, says FM Sitharaman

The finance minister said the private sector shouldn't feel the pressure as it is not mandatory

'Vision-setting Budget for Viksit Bharat 2047,' says FM Sitharaman

Finance Minister spoke on issues ranging from the private sector's role in job creation to coalition needs in making Budgets, at her North Block office

Shouldn't have fiscal incentive or disincentive towards savings: DEA secy

We are moving in the direction of fiscal prudence as well as finding adequate money for priority expenditure, he says

Govt cannot go alone in skilling, pvt sector crucial: Finance Secretary

Finance secretary discusses the Union Budget's emphasis on employment, skills, and state-level reforms

Budget 2024: Will make up for revenue forgone, says FM Nirmala Sitharaman

Gradually, we are moving towards a simplified taxation regime, while bringing down the incidence of tax itself. Therefore, we are taking this review, says FM

Budget 2024: FM exhorts states to take up next-gen reforms agenda

The final report of the 15th Finance Commission had recommended transfer of 41 per cent of central taxes to the states after two Union Territories were carved out of Jammu and Kashmir

Not pessimistic but mindful of challenges: CEA V Anantha Nageswaran

Says that he was upbeat but cautious about the growth prospects of India while projecting a 6.5-7% GDP growth rate for 2024-25

From T V Somanathan to Vivek Joshi, meet FM Sitharaman's Budget team

The July 23 Budget, coming after the general elections, would be watched for coalition compulsions, electoral lessons

Business confidence index improves to 150 in Q1 FY25 from 138 in Q4 FY24

The majority of firms continue to expect the prospects of employment in the next six months of both skilled and unskilled or casual and permanent workers to remain the same as in the past three months

Fiscal headroom should be used to spend on social sector, says Ficci

The economists said the fiscal deficit target for 2024-25 could be slightly lowered, from the 5.1 per cent estimate laid out in the Interim Budget earlier this year

Strong fiscal position likely to enhance India's growth, says ADB

Asian Development Bank keeps FY25 growth projection unchanged at 7%

MCA allows multiple KYC updates throughout the year for directors

Earlier, once annual KYC was filed, mobile numbers and email IDs could not be updated till April the next year

IMF raises India's GDP growth forecast by 20 basis points to 7% for FY25

RBI has projected the Indian economy to grow at 7.2 per cent in FY25

ADB keeps India's GDP growth projection for FY25 unchanged at 7%

Projection must be weighed against 'downside risks from weather events and geopolitical shocks', it says

India pushes for plug-and-play DPI models to keep sovereignty: Report

DPI of countries should be universally applicable, says India's G20 task force report

Central processing centre sees better results on forms shifted from RoC

The Ministry of Corporate Affairs plans to shift an additional 14 such forms from the Registrar of Companies (RoC) offices to the CPC by the end of this financial year, sources informed

Union Budget 2024-25 likely to relax compliance with Customs rules

Budget may introduce electronic bank guarantee to curb tax leakage

16th Finance Commission constitutes five-member advisory council

The finance commission, as per the ToR, would also suggest measures needed to augment the Consolidated Fund of a State to supplement the resources of panchayats and municipalities

Rising focus: Budget push likely for social sector to lift rural demand

Bumper RBI dividend may help govt increase funding