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Page 96 - Budget 2026 News

Govt pegs non-tax revenue from communications at Rs 1.20 trillion for FY25

The government has pegged non-tax revenue collection estimates from the communications sector at about Rs 1.20 lakh crore for 2024-25 and expects to exceed the budget estimates for the current fiscal.

Govt pegs non-tax revenue from communications at Rs 1.20 trillion for FY25
Updated On : 01 Feb 2024 | 4:37 PM IST

Govt seeks to boost oilseed output to cut expensive vegetable oil imports

India, the world's biggest vegetable oil importer, spent a record $20.8 billion on its edible oil purchases in the fiscal year to March 2023

Govt seeks to boost oilseed output to cut expensive vegetable oil imports
Updated On : 01 Feb 2024 | 4:31 PM IST

Realty sector reacts on Budget with cautious optimism, hails PMAY expansion

A M Karthik, senior vice-president and co-group head at ICRA Ltd, emphasised the positive impact of the Budget on affordable housing demand

Realty sector reacts on Budget with cautious optimism, hails PMAY expansion
Updated On : 01 Feb 2024 | 4:28 PM IST

Ficci, corporates hail Budget, say its continuum towards 'Viksit Bharat'

Presenting the Union Budget 2023, Sitharaman on Thursday pegged the fiscal deficit target for 2024-25 at 5.1 per cent of gross domestic product (GDP)

Ficci, corporates hail Budget, say its continuum towards 'Viksit Bharat'
Updated On : 01 Feb 2024 | 4:23 PM IST

Budget 2024: External affairs ministry gets allocation of Rs 22,154 crore

In line with India's 'Neighbourhood First' policy, the largest share of aid portfolio has been granted to Bhutan with an allocation of Rs 2,068 crore

Budget 2024: External affairs ministry gets allocation of Rs 22,154 crore
Updated On : 01 Feb 2024 | 4:04 PM IST

Budget 2024: Here's how political leaders reacted to the Interim Budget

Union Finance Minister Nirmala Sitharaman presented the Interim Union Budget 2024 today, following which reactions from various political parties have come in

Budget 2024: Here's how political leaders reacted to the Interim Budget
Updated On : 01 Feb 2024 | 4:04 PM IST

FM talks up green energy, proposes rooftop solar power for 10 mn homes

Interim Budget proposal will save up Rs 18,000 annually for households, says Nirmala Sitharaman

FM talks up green energy, proposes rooftop solar power for 10 mn homes
Updated On : 01 Feb 2024 | 3:51 PM IST

GST collections to drive FY25 gross tax revenue to Rs 38.31 trillion

Goods and Services Tax (GST) collection in 2024-25 is estimated to rise to Rs 10.68 trillion , an increase of Rs 1.1 trillion or 11.6 per cent

GST collections to drive FY25 gross tax revenue to Rs 38.31 trillion
Updated On : 01 Feb 2024 | 3:50 PM IST

Budget 2024: What is 'Blue Economy 2.0' announced to boost aquaculture

Budget 2024: Nirmala Sitharaman presented her sixth consecutive budget, an interim one, in the Parliament on Thursday

Budget 2024: What is 'Blue Economy 2.0' announced to boost aquaculture
Updated On : 01 Feb 2024 | 3:43 PM IST

Govt projected to receive Rs 1.02 trn as dividend from RBI, PSBs in FY25

The government is set to earn a higher dividend of Rs 1.04 trillion in the current fiscal against the Budget Estimate of Rs 48,000 crore

Govt projected to receive Rs 1.02 trn as dividend from RBI, PSBs in FY25
Updated On : 01 Feb 2024 | 3:41 PM IST

Defence Budget 2024: Rs 6.21 trn allocated, ambitious tech scheme announced

In the capital outlay for defence services, Rs 40,777 crore has been set aside for aircraft and aero engines while an amount of Rs 62,343 crore was allocated for "other equipment"

Defence Budget 2024: Rs 6.21 trn allocated, ambitious tech scheme announced
Updated On : 01 Feb 2024 | 3:34 PM IST

Budget 2024: Where does the Centre receive money from, where does it go?

Interim Budget: It always interests the common man to know where the government gets its money from and where it spends it, here's what the Budget document says

Budget 2024: Where does the Centre receive money from, where does it go?
Updated On : 01 Feb 2024 | 3:33 PM IST

Govt to borrow Rs 14.13 trn from market in FY25 to meet revenue shortfall

Finance Minister Nirmala Sitharaman on Thursday proposed to borrow Rs 14.13 lakh crore by issuing dated securities to meet revenue shortfall in the next financial year starting on April 1

Govt to borrow Rs 14.13  trn from market in FY25 to meet revenue shortfall
Updated On : 01 Feb 2024 | 2:53 PM IST

This budget will take India closer to being third-largest economy: Gadkari

Last year in December, Prime Minister Narendra Modi promised to make India the third-largest economy in the world in his third consecutive term

This budget will take India closer to being third-largest economy: Gadkari
Updated On : 01 Feb 2024 | 2:53 PM IST

'Budget for future of Bharat', PM Modi congratulates countrymen: Top quotes

Budget 2024: Congratulating Sitharaman and her team, PM Modi said the interim Budget presented today, "guarantees to strengthen the foundation of Viksit Bharat in 2047"

'Budget for future of Bharat', PM Modi congratulates countrymen: Top quotes
Updated On : 01 Feb 2024 | 2:34 PM IST

India negotiating bilateral investment treaties with different nations: FM

India is negotiating bilateral investment treaties with different countries with a view to promote foreign inflows, Finance Minister Nirmala Sitharaman said on Thursday

India negotiating bilateral investment treaties with different nations: FM
Updated On : 01 Feb 2024 | 2:32 PM IST

Budget 2024: Upto 10 mn taxpayers to be free from petty tax claims dating back to 1962

The government has decided to waive outstanding direct tax demands up to Rs 25,000 for the period up to financial year 2009-10 and up to Rs 10,000 for financial years 2010-11 to 2014-15.

Budget 2024: Upto 10 mn taxpayers to be free from petty tax claims dating back to 1962
Updated On : 01 Feb 2024 | 2:28 PM IST

Interim Budget 2024: FM bets big on spiritual and island tourism in India

The interim budget proposed to greater enhance infrastructure and connectivity to facilitate domestic tourism on islands, including Lakshadweep.

Interim Budget 2024: FM bets big on spiritual and island tourism in India
Updated On : 01 Feb 2024 | 2:11 PM IST

Interim Budget 2024: FM enhances Lakhpati Didi scheme to target 3 cr women

Last year, Prime Minister Narendra Modi announced the scheme, which aims to encourage women to start micro-enterprises, during his Independence Day speech on August 15, 2023.

Interim Budget 2024: FM enhances Lakhpati Didi scheme to target 3 cr women
Updated On : 01 Feb 2024 | 2:06 PM IST

Govt to set up committee to look into population growth challenges, says FM

Sitharaman said various schemes for maternal and child healthcare will be brought under one comprehensive programme for synergy in implementation

Govt to set up committee to look into population growth challenges, says FM
Updated On : 01 Feb 2024 | 1:52 PM IST