Some market participants have also suggested that income from F&O trading should be classified as speculative income and taxed at a higher rate
12 industrial parks to be 'sanctioned' under the National Industrial Corridor Development Programme, says Finance Minister
Union budget 2024-25: Former Finance Minister P Chidambaram and Congress leader Shashi Tharoor find Budget 2024 presentation full of missed opportunities, compared it Congress manifesto
"The gold import duty cut to 6 per cent will promote the manufacturing of gold and silver jewellery. It will also contain smuggling," Goyal told PTI
The stock market's knee-jerk reaction must not define FM Sitharaman's far-reaching Budget
Additionally, the Scheme for Implementation of the Persons with Disabilities Act is allocated Rs 135 cr, more than doubling the previous year's revised estimate of Rs 67 cr
Duties on metals including copper, lithium and cobalt will be lifted to aid the domestic development of sectors like renewable electricity and aerospace, she said in the speech on Tuesday
Budget also includes significant funding for water supply and sanitation at Rs 64,302.85 cr, an increase from the previous year's Rs 64,138.41 cr
Ladakh UT, which was carved out of Jammu and Kashmir after the abrogation of Article 370 in 2019, has received Rs 2,035.49 crore for establishment expenditure of the Centre
Rs 10 trillion boost for urban housing but indexation removal plays dampener
Finance Minister Nirmala Sitharaman's Budget 2024 brings a mix of tax reliefs and hikes with key changes including income tax slab restructuring and revised capital gains tax rates
Originally announced as a Rs 30,000 crore fund in Budget 2023, the fund was never disbursed
Finance Minister says integrated technology platform will be set up for improving bankruptcy code outcomes
Share of people younger than 25 in formal employment, as defined by EPFO additions, fell to 50.2% in 2023-24, from 68.9% in 2018-19
The government's decision to maintain the subsidy estimates from the interim budget suggests a calculated approach to balancing fiscal consolidation with welfare measures
Hero MotoCorp Executive Chairman Pawan Munjal said the Budget positions India as a technology-driven and knowledge-driven economy, reaffirming commitment to sustainable development
Of the total proposed allocation, over Rs 1 trillion is meant for BSNL and MTNL-related expenses, including Rs 82,916 crore infusion in BSNL for technology upgradation and restructuring at BSNL
The house listing phase of the census and the exercise to update the NPR were scheduled to be carried out across the country from April 1 to September 30, 2020 but were postponed due to the COVID-19
With the changes, these schemes will now enjoy tax exemptions similar to that of category III AIFs set up in the IFSC
India's FY25 capital expenditure outlay is maintained at Rs 11.11 trillion, in line with the Interim Budget and up from last year's estimate of Rs 9.5 trillion