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Page 103 - Budget 2026 News

Budget 2024: What do the online gaming and esports industries expect?

Interim Budget 2024: Online gaming and esports industries have had an eventful 2023 owing to the GST Council's decision to impose a blanket 28% tax. Here's what the industries expect in the Budget

Budget 2024: What do the online gaming and esports industries expect?
Updated On : 23 Jan 2024 | 11:32 AM IST

Interim Budget to reduce fiscal deficit, focus on capex, suggests poll

The government is aiming to narrow the fiscal deficit to 4.50 per cent of GDP by the end of the 2025-26 fiscal year (FY) from 5.90 per cent in the current year to end-March 2024

Interim Budget to reduce fiscal deficit, focus on capex, suggests poll
Updated On : 23 Jan 2024 | 8:25 AM IST

Govt may increase agri-credit target to Rs 22-25 trn in interim Budget

An additional interest subvention of 3 per cent per annum is also being provided to farmers who repay on time. Farmers can also avail long term loans but interest rate is as per the market rate

Govt may increase agri-credit target to Rs 22-25 trn in interim Budget
Updated On : 22 Jan 2024 | 5:03 PM IST

Increase import duty on paper, paperboards to 25% in Budget: Industry body

IPMA President Pawan Agarwal urged the government to keep paper and paperboard on the negative list while reviewing the existing FTAs (ASEAN, South Korea and Japan) and formulating new ones

Increase import duty on paper, paperboards to 25% in Budget: Industry body
Updated On : 22 Jan 2024 | 4:08 PM IST

Govt should not cut import duties on parts used in making smartphones: GTRI

The think tank said that Indian manufacturers "must pay" duties on smartphones sold within India, but exports should be exempted from such duties

Govt should not cut import duties on parts used in making smartphones: GTRI
Updated On : 22 Jan 2024 | 2:08 PM IST

Tax buoyancy may give headroom for higher social sector budget: Report

The Centre's gross tax revenues is expected to exceed the Budget estimates of Rs 33.6 trillion by Rs 60,000 crore

Tax buoyancy may give headroom for higher social sector budget: Report
Updated On : 22 Jan 2024 | 1:41 PM IST

Budget 2024: Centre may increase FY25 capex target for CPSEs by 12-13%

The government aims to propel economic growth with a higher capital expenditure target for central public sector enterprises (CPSEs) in the upcoming financial year

Budget 2024: Centre may increase FY25 capex target for CPSEs by 12-13%
Updated On : 22 Jan 2024 | 12:18 PM IST

Interim Budget 2024-25: Govt may target 5.3% fiscal deficit for FY25

Most economists see govt meeting FY24 target despite risks from weaker than budgeted nominal GDP growth and disinvestment shortfall

Interim Budget 2024-25: Govt may target 5.3% fiscal deficit for FY25
Updated On : 22 Jan 2024 | 12:13 AM IST

Budget 2024-25: Govt may increase capex to propel economic growth

In the upcoming Budget too, the government is expected to earmark a large amount towards capex as such investment has a multiplier effect on the economy and it also crowds in private investment

Budget 2024-25: Govt may increase capex to propel economic growth
Updated On : 21 Jan 2024 | 4:54 PM IST

Budget 2024: GJEPC seeks import duty cuts on gold, polished diamonds

It urged the government to introduce the Diamond Imprest Licence again and cut import duties

Budget 2024: GJEPC seeks import duty cuts on gold, polished diamonds
Updated On : 21 Jan 2024 | 12:36 PM IST

Jindal Stainless MD calls for removal of raw material duties in Budget 2024

At present, 2.5 per cent import duty is levied on ferro nickel and 5 per cent on ferro molybdenum

Jindal Stainless MD calls for removal of raw material duties in Budget 2024
Updated On : 21 Jan 2024 | 12:21 PM IST

Interim Budget to cut fiscal deficit in election year, focus on capex: Poll

The government is aiming to narrow the fiscal deficit to 4.50% of GDP by the end of the 2025-26 fiscal year (FY) from 5.90% in the current year to end-March 2024

Interim Budget to cut fiscal deficit in election year, focus on capex: Poll
Updated On : 20 Jan 2024 | 9:27 AM IST

Central governments show fiscal prudence in Lok Sabha election years

Emkay Research study shows fiscal deficit trend much healthier than in FY19

Central governments show fiscal prudence in Lok Sabha election years
Updated On : 19 Jan 2024 | 11:01 PM IST

Budget 2024: Rs 7,500 cr Delhi Metro corridor linking Haryana, UP on cards

The project is estimated to cost Rs 7,500 crore and will extend from Rithala in Delhi to Kundli in Haryana, which is the sixth corridor of the phase IV project

Budget 2024: Rs 7,500 cr Delhi Metro corridor linking Haryana, UP on cards
Updated On : 19 Jan 2024 | 2:49 PM IST

Budget 2024-25: Telecom industry wants govt to junk USOF, slash duties

A clearer definition of gross revenue, GST exemption also sought

Budget 2024-25: Telecom industry wants govt to junk USOF, slash duties
Updated On : 18 Jan 2024 | 11:19 PM IST

Budget 2024: Who was first woman to present Budget? Know interesting facts

Interim Budget 2024: Who holds the record for reading the most number of budgets in India and other interesting Budget facts

Budget 2024: Who was first woman to present Budget? Know interesting facts
Updated On : 18 Jan 2024 | 5:34 PM IST

Govt may extend scope of PLI scheme to job-creating sectors: Deloitte

Currently, Production-Linked Incentive (PLI) scheme is available for 14 sectors

Govt may extend scope of PLI scheme to job-creating sectors: Deloitte
Updated On : 18 Jan 2024 | 11:38 AM IST

Fertiliser subsidy bill likely to be within FY24 BE: Minister Mandaviya

He said actual subsidy expenditure would have been lower if freight charges had not risen due to Red Sea crisis

Fertiliser subsidy bill likely to be within FY24 BE: Minister Mandaviya
Updated On : 18 Jan 2024 | 12:05 AM IST

As interim Budget nears, check differences between old and new tax regime

Interim budget 2024: In a bid to improve the direct tax system, the finance ministry had introduced a simplified optional new income tax regime in 2020-2021

As interim Budget nears, check differences between old and new tax regime
Updated On : 17 Jan 2024 | 12:37 PM IST

Budget 2024: Govt may hike housing subsidy ahead of Lok Sabha polls

Interim Budget 2024: The govt estimates reveal a significant housing shortage of over 20 mn homes in rural areas. While the same for urban areas stands at 1.5 mn homes, according to industry experts

Budget 2024: Govt may hike housing subsidy ahead of Lok Sabha polls
Updated On : 17 Jan 2024 | 11:23 AM IST