Page 26 - Budget 2024

Budget 2024-25: Highway capital expenditure may rise up to 10%

Experts understand it as reasonable, given the high base the highway budget is operating on due to back-to-back bumper hikes in the previous two financial years

Budget: Exempt us from 45-day payment rule or extend deadline, say MSMEs

Sanjay Goenka of the Bihar Industries Association said the 45-day payment window was hotly debated, and they have contributed to the consultative process on the subject

Budget 2024: Boost for women through subsidies, health initiatives expected

During her Interim Budget 2024 speech this February, the Finance Minister had highlighted significant achievements and ongoing efforts for women empowerment

Agri bodies urge FM Sitharaman to boost research, rationalise subsidies

Pre-budget meeting: Finance Minister meet agricultural bodies to discuss policy and budget recommendations

Union Budget 2024-25 brings high expectations for real estate sector

Expectations are high as the Modi 3.0 government prepares to unveil reforms aimed at boosting housing, office spaces, and commercial areas amid rising demand

Budget 2024: Capex momentum for developing highways likely to continue

Focus will be on the quality of work done and not just the length of highways built, say senior govt officials

Financial market seeks incentives for NBFCs, AIFs in pre-Budget meeting

'Revisit the safe harbour clause under Section 9A of Income Tax act that encourages offshore funds to invest in India'

Budget 2024-25: New income tax regime may offer a treat to salaried class

Rationalisation of tax slabs and rate adjustments under consideration

Budget wishlist: MFIs seek equity support, govt guarantee for bank loans

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

Budget 2024: Renewable sector likely to get double-digit capex allocation

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

Budget 2024: Govt set to boost infrastructure spending, claims 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

What did FM Sitharaman say about fiscal deficit in the last 5 Budgets?

Finance Minister Nirmala Sitharaman is expected to maintain fiscal deficit target at 5.1% for FY25

Finance sector pitches for tax sops, removal of tax anomalies in Budget

Financial sector players on Thursday made a case for tax sops in the upcoming FY25 Budget for deepening of the market. In a pre-Budget meeting with Finance Minister Nirmala Sitharaman here, some of the players urged the government to fix tax arbitrage wherever it exists. This was the second Pre-Budget Consultation which was attended by leading experts of the financial and capital markets sector in connection with the forthcoming General Budget 2024-25, the finance ministry said in a post on X. The full Budget 2024-25 is expected to be presented in Parliament next month. Emerging out of two-hour meeting with the finance minister, Arun Kohli, MD & Country Head, Morgan Stanley India Company, said tax policies need to be stable and long-term oriented. Participants also made their point on capital gains tax and securities transaction tax. According to George Alexander Muthoot, MD of Muthoot Group, some of the players pitched for deepening the market and provide some tax ...

Union Budget 2024: India's rail safety in focus after recent collisions

Despite substantial previous Budget allocations, incidents like the Kanchanjunga Express collision with a goods train in West Bengal highlight ongoing concerns

Budget 2024 to have Rs 5 trillion allocation for tribal community: Minister

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

Budget Watch: Will oil companies have the cushion of a mega net zero fund?

Rs 15,000 crore fund has the potential to open up major capex for green projects

Modi 3.0 readies for Budget 2024: Tax reforms, economic strategies in focus

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

Union Budget 2024: What's ahead for India's space sector development?

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: SBI Chairman Khara pitches for tax relief on interest earnings

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

Budget 2024 expected to boost infra, and logistics with increased capex

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