Since indirect tax figures are not being released, we are treating GST data in the same manner, he says
A system of quarterly disbursement is in place for many sectors, except for few, such as food processing, where it is not feasible, he says
In a conversation, the chief of the direct tax apex body said that extension of the 15 per cent concessional rate depend on how the companies utilising the benefit
Joshi explained the intention behind the Budget proposals for the financial sector
The Budget's commitment to infrastructure development is evident in its substantial allocation of Rs 11.11 trillion for capital expenditure, amounting to 3.4 per cent of GDP
The Budget underscores the importance of environmental sustainability
Apart from agriculture, the chief minister said the focus was on the industries, health, education and service sectors
The government says that going by the baseline of the Budget for FY24, the current allocation amounts to a 4.72 per cent rise over the previous year's allocation
It proposes to tax gains arising on transfer or redemption or maturity of unlisted debentures or bonds to be deemed as short-term capital gains
Budget proposal to promote investments, create jobs, say industry players
The finance minister said the private sector shouldn't feel the pressure as it is not mandatory
The Act that started its journey in 1922 contains 298 sections, 23 chapters and other provisions in its current form of 1961
The government spent Rs 34,579 crore on various schemes from December until now, said Telangana finance minister Mallu Bhatti Vikramarka
In her Union Budget speech, Nirmala Sitharaman announced the Agristack DPI while adding that it will bring over six crore farmers under the formal land registry system
Tax proposals aim to bring in uniformity, improve compliance and reduce litigation
CEOs expect govt capex of Rs 11.11 trillion to boost demand
Moody's Ratings notes that the Budget is credit positive
For the first time, the government has rolled out a package to raise the long-term employability of the country's youth and incentivise their hiring by corporates
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
In 2024-25, the Health Budget has allocated around Rs 75 crore for strengthening state drug regulatory systems, which is up from Rs 52 crore in the revised estimates of 2023-24