Nirmala Sitharaman's briefest Budget speech till date was delivered on February 1, 2024, before the Lok Sabha elections
India Budget 2024 news: The Finance Minister Nirmala Sitharaman lowered the Gross Fiscal Deficit (GFD) target to 4.9 per cent of GDP for FY25 against 5.1 per cent set in the Interim Budget
Rs 10 trn committed in the next five years to address housing in urban and rural areas
EMS stock zoomed 17% after FM Sitharaman in Budget 2024 proposed to promote water supply, sewage treatment and solid waste management projects and services for 100 large cities.
On Tuesday, the volatility indicator for Indian bourses, India VIX surged up to 17.52 per cent intraday. This came amidst heightened volatility witnessed after the Budget 2024 speech
Short-term capital gains declarations had also been increasing after the pandemic
New Delhi also forecast a narrower fiscal deficit of 4.9 per cent of gross domestic product, versus 5.1 per cent in the interim spending plan
Budget 2024: Industry experts react to Finance Minister's announcement of three employment-linked incentive schemes, abolition of angel tax, among others
In Finance Minister Nirmala Sitharaman's Budget 2024 speech, three points that did not feature, stood out for their absence
Union Budget 2024-25: The fiscal deficit is estimated at 4.9% of the GDP for the current financial year and the government aims to reduce it to below 4.5% next year
India Budget 2024: Finance Minister Nirmala Sitharaman said that the Centre will support setting up a 2400 MW power project in Bhagalpur at the cost of Rs 21,400 crore as well
Union Budget 2024-25 impact: DLF, Brigade Enterprises, Prestige Estates, Godrej Properties and Sunteck Realty dropped up to 5 per cent afer FM proposed to withdraw indexation benefit on house resale.
"In the current financial year, Rs 15,000 crore will be arranged, with additional amounts in future years. We will facilitate financial support through multilateral agencies," said FM Sitharaman
India Budget news 2024: Customs duty on gold and silver has been reduced to 6% which may lead to a decline in domestic prices and perhaps lift demand
Reduction in BCD on these items was a major demand from the electronics manufacturing bodies
Finance Minister Nirmala Sitharaman's Union Budget 2024 speech focused on increased spending, job creation, and tax reforms
The Congress on Tuesday claimed that the government seems to have finally come around to "tacitly admitting that mass unemployment is a national crisis" that requires urgent attention, as it slammed Finance Minister Nirmala Sitharaman's budget speech as being "more focused on posturing than action". The opposition party's assertion came after Sitharaman in her budget speech announced that the government will launch three employment-linked schemes. These schemes will be based on enrolment in the Employees' Provident Fund Organization (EPFO), Sitharaman said in the Lok Sabha. Congress general secretary in-charge communications Jairam Ramesh said, "After ten years of denial -- where neither the non-biological PM nor his party's Lok Sabha Elections Manifesto would even mention jobs -- the Union Government seems to have finally come around to tacitly admitting that mass unemployment is a national crisis that requires urgent attention." "It's far too late, and as it turns out, far too ..
The internet has erupted with memes following Nirmala Sitharaman's Budget announcement, which included significant financial allocations for Bihar and Andhra Pradesh
The stock price of cigarettes-to-hotels conglomerate was trading at its highest level since July 2023 and was 2 per cent shy from its record high level of Rs 499.60 touched on July 24, 2023.
Short-term capital gains tax raised to 20%, long term to 12.5%