Fitch Ratings said that though the interim budget presented was broadly in line with the expectations, it won't change the sovereign credit profile from 'BBB-' with a stable outlook
For the coastal road project and proposed four new schemes, one of them for providing medicines free to patients at civic hospitals for which Rs 1,200 crore was set aside
Banerjee made the remark during a dharna in Kolkata, which began earlier in the day to demand the state's "dues" from the Centre for various social welfare schemes
Unlike recent Budgets, this year most taxpayers are in for a pleasant surprise with rationalisation of rates and slabs, which reduce the effective tax burden. In balance, it's a mixed bag
He said only the base figure of the demand (Rs 25,000 and Rs 10,000) will be the "deciding factor" for such cases and not the interest amount riding on the basic demand over the years
Besides, he said, the government has projected a slight increase in non-tax revenue from a high base during the current financial year
Union Budget 2024 Live Updates: Catch all the latest updates here
The ministry's flagship programme, Khelo India, was allotted Rs 900 crore, an increase of Rs 20 crore from the previous budget
The cornerstone of this Budget is a commitment to foster global competitiveness among Indian enterprises, attract foreign investments, and bolster startups and innovation-driven ecosystems
Provisions related to R&D "hopefully trigger some greater private sector investments in R&D. Announcement of a new scheme for strengthening deep-tech technologies is good for startups also
The interim Budget 2024-25 projected a nominal GDP growth 10.5 per cent against the 11 per cent for the current fiscal
PM GatiShakti aims boost multimodal connectivity while moving towards logistics efficiency and reducing carbon footprint in rail movement
It carefully allocates public resources and commits to reduce the country's fiscal debt
It carefully allocates public resources and commits to reduce the country's fiscal debt
Jayanth Murthy, Joint MD of Consultancy Kaizen Institute said it is likely to witness an increasing demand in the metal, mining and cement sectors generating more employment opportunities
India's gender Budget was specifically started in 2005-06 to view the budgetary exercise through a gender lens and to ensure that the benefits of development do not exclude women
The government has exuded confidence that despite an election year, it has stayed committed to enhancing the quality of its spending
The government said that the Budget was presented with a focus on economic policies that foster growth, facilitate inclusive development, improve productivity, and create opportunities
India's commitment to promoting research and development in the life sciences sector will receive a boost with the government's plan to establish more medical colleges in the country
Finance Minister Nirmala Sitharaman in her budget speech on Thursday said India is negotiating BITs with different countries in the spirit of 'first develop India'