Page 4 - Budget 2024

In India's goal of financial inclusion, banks make 'remarkable progress'

Number of Indians with an account in a formal financial institution increased to 77% in 2021

Union Budget 2024: Logistics and supply chain sector set to surge

The Budget's commitment to infrastructure development is evident in its substantial allocation of Rs 11.11 trillion for capital expenditure, amounting to 3.4 per cent of GDP

Odisha presents Rs 2.65 trn budget for FY25 with focus on agri, women

The BJP government in Odisha presented its maiden budget on Thursday with a total estimate of Rs 2.65 lakh crore for the 2024-25 fiscal, laying emphasis on agriculture and women empowerment. The size of the budget for the current financial year was around 15 per cent more than the budgetary estimate of Rs 2.30 lakh crore for the 2023-24 fiscal, Chief Minister Mohan Charan Majhi said in the assembly. Majhi, who also holds the finance portfolio, proposed an outlay of Rs 33,919 crore for agriculture, which is about 36 per cent more than the allocation made in the previous year. Of the total budget estimates, programme expenditure was pegged at Rs 1.55 lakh crore, administrative expenditure at Rs 97,725 crore and an outlay of Rs 3,900 crore for Disaster Risk Management Funds, he said. To ensure the speedy empowerment of women, as promised by the BJP in its election manifesto, Majhi allocated Rs 10,000 crore for the 'Subhadra' scheme, a financial assistance programme for women. The chi

Budget 2024-25 throws STCG googly at sovereign wealth, pension funds

It proposes to tax gains arising on transfer or redemption or maturity of unlisted debentures or bonds to be deemed as short-term capital gains

FM has managed to lay down a growth-oriented Budget: Harsh Pati Singhania

Budget proposal to promote investments, create jobs, say industry players

Explained: Is the Budget 2024 helping you get a job?

Is the Budget 2024 helping you get a job? Whether you’re a student, a working woman, or a skilled labourer, find out what the Union Budget has in store for job seekers and students.

Congress govt in Telangana presents Rs 2.91 tn Budget; major announcements

The government spent Rs 34,579 crore on various schemes from December until now, said Telangana finance minister Mallu Bhatti Vikramarka

CBDT issues FAQs on new capital gains tax regime: All you should know

A flat 12.5% tax rate has been introduced for all long-term capital gains, regardless of the asset class.

Foreigners sell nearly $1 billion in equities in two days since Budget

The increase in capital gains tax is clearly a negative even if the increase on long-term gains is moderate, said Ashish Gupta, chief investment officer at Axis Mutual Fund

Oppn indulged in politics during discussion on Union Budget. says Rijiju

Parliamentary Affairs Minister Kiren Rijiju on Thursday hit out at opposition leaders, contending they had resorted to abusing Prime Minister Narendra Modi during the debate on the Union Budget in Parliament instead of speaking on the finer aspects of the document. Addressing a press conference here, he said the manner in which some opposition leaders made their speeches amounted to insulting the House and lowering the dignity of the Budget session. "Let us respect the mandate of the people. They have given the mandate to Prime Minister Modi for the third consecutive term. If anybody tries to insult the verdict of the people, they will be punished in the elections," Rijiju told reporters here. His remarks came a day after the Opposition claimed the Union Budget was "discriminatory" against non-NDA-ruled states and accused the prime minister of running a "shaky and vulnerable" coalition government. During the general discussion on the budget for 2024-25 in the Lok Sabha on Wednesday

Budget 2024: Higher payouts for life insurance from October 1; know more

Starting April 1, 2025, the TDS rate for commissions will drop from 5% to 2%

Union Budget 2024-25: Emphasis on bringing simplicity in direct tax system

Tax proposals aim to bring in uniformity, improve compliance and reduce litigation

Budget 2024: India Inc awaits consumer demand uptick to go on capex spree

CEOs expect govt capex of Rs 11.11 trillion to boost demand

Union Budget 2024: On prudent path, towards long-term sustainability

For the first time, the government has rolled out a package to raise the long-term employability of the country's youth and incentivise their hiring by corporates

Health Budget focuses on strengthening state drug regulatory systems

In 2024-25, the Health Budget has allocated around Rs 75 crore for strengthening state drug regulatory systems, which is up from Rs 52 crore in the revised estimates of 2023-24

Union Budget 2024: Laying building blocks for a 'Viksit Bharat'

With a median age of 28.4 years, it is a young India that would reinforce the country's competitive advantage and unleash the consumption potential of the economy

Budget ignored Oppn-ruled states? Outrageous allegations, says FM

Chidambaram says inflation dismissed "in just 10 words" in Budget speech

Budget Frontlines: A long shot from the 2% goalpost for defence funds

A deep dive into the defence budget allocations and strategic challenges, kicking off a three-part analysis

Budget 2024: Need to think big and do big as incremental approach won't do

The government's lethargic approach of responding to every challenge through a "scheme" is getting tiring

Govt prepares for Rs 10,000 crore war chest to fight food inflation

Within the whole inflation basket, food inflation has been stubbornly high