Sanjiv Puri, president of the Confederation of Indian Industry (CII), suggested that the capex spending should be increased by 25% over the revised estimate of 2023-24
Sa-dhan has also suggested a special fund for the northeastern states in view of the unrest in Manipur, which has hit micro lenders that extended loans in the state
Union Budget 2024: Capital expenditure for renewable power may witness a double-digit allocation, with capacity expected to reach 180-gigawatt by FY26, according to a CRISIL report
During the Interim Budget, the Finance Minister had announced an 11 per cent increase in capital infrastructure spending for FY25, raising the capital expenditure outlay to Rs 11.1 trillion
Finance Minister Nirmala Sitharaman is expected to maintain fiscal deficit target at 5.1% for FY25
This was the second Pre-Budget Consultation which was attended by leading experts of the financial and capital markets sector
Despite substantial previous Budget allocations, incidents like the Kanchanjunga Express collision with a goods train in West Bengal highlight ongoing concerns
Union Budget 2024: In the interim budget announced on February 1, Finance Minister Nirmala Sitharaman had allocated Rs 1.3 trillion to Tribal Affairs Ministry
Rs 15,000 crore fund has the potential to open up major capex for green projects
Economists discussed measures for capacity-driven growth that should be sustainable and the need to push private sector investment and consumption to sustain the growth momentum
The Directorate General of Civil Aviation (DGCA) is budgeted to receive Rs 302.64 crore, down from Rs 397.55 crore in the revised estimates for 2023-24
Union Budget 2024 is expected to introduce reforms in income tax structure with a focus on reducing taxes for lower income brackets to stimulate consumption
The allocation for space department saw a modest 4 per cent increase, from Rs 12,545 crore to Rs 13,043 crore in the Interim Union Budget 2024
Budget 2024: The general Budget of financial year 2024-25 is expected to be tabled in the second half of July, for which the Centre is currently holding talks with various stakeholders
Even as the industry wants a 25% increase in capex allocation in the Budget for FY 2024-25 over revised estimates for FY24, experts feel there may be limited capacity to spend on projects
The PHDCCI said that the slab of 30 per cent income tax should be raised to the income of Rs 40 lakh and above. Below this, the body said, the tax rate should be kept at 20-25 per cent
Any change in Finance Bill prerogative of finance ministry, says official
The Union Budget 2024 is expected to be announced in the third week of July. Finance Minister Nirmala Sitharaman to hold pre-budget meeting on June 20
Will there be tax breaks in the Union Budget 2024? Will there be welfare? Will there be fiscal consolidation? Budget Watch keeps a tab
"This force should also be responsible for budgetary reforms of the state government," said Kailash Sharma, senior vice-president of ARTIA