"Jharkhand suffers from the Centre's apathy because it is ruled by a non-BJP government.'' Jharkhand Congress president Rajesh Thakur said
The gross borrowing target is lower relative to gross domestic product as well as in absolute terms. This has meant that deficits remain under control
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
The largest source of income for individuals is salaries, but it has grown slowest among income categories
LTCG on non-financial assets like property will also be taxed at 12.5 per cent, against the earlier 20% post indexation if held for more than three years
Capital expenditure remained unchanged, even as Sitharaman announced viability gap funding and a market-based financing framework for infrastructure
Indian carriers allocate approximately 12-15 per cent of their total revenues to MRO services, positioning it as the second-largest expenditure following fuel costs
Diamond industry to also benefit from change in safe harbour rules
The budget also announced a new mechanism for facilitating the continuation of bank credit to MSMEs during their stress period
Opposition AIADMK termed Budget as 'a big disappointmen'" in all aspects and claimed that it was prepared 'only to satisfy' BJP allies' ruled states and not for equitable economic development of India
Samajwadi Party president Akhilesh Yadav wondered whether the Budget had anything for UP.
Union Budget 2024-25: Emphasis on employment, skilling, and MSMEs, but no tax relief for the middle class
To mitigate the blow from the increased taxes, the amount exempted from the LTCG on listed securities has been increased to Rs 125,000 a year from the earlier limit of Rs 100,000
Union Budget 2024: PM Modi made the remarks about the Budget hours after Finance Minister Nirmala Sitharaman made her presentation in the Lok Sabha
ITC gained 3.8 per cent as there were no changes in the taxes related to tobacco products
What Budget 2024, presented by Modi govt 3.0, actually mean for the middle class, students, and more
Terming the measures announced in the budget "positive , HUL CEO and MD Rohit Jawa said investment in infrastructure will have multi-year effect and help drive consumption
In addition to rural schemes, normal monsoons are expected to sustain the rally of consumer majors
According to MF officials, these offerings had unintentionally got classified as debt funds last year, and this budget makes a course correction
Allocations for Andhra Pradesh and Bihar, but financial implication unclear