Page 5 - Budget 2024

Shouldn't have fiscal incentive or disincentive towards savings: DEA secy

We are moving in the direction of fiscal prudence as well as finding adequate money for priority expenditure, he says

Union Budget 2024 gives salaried individuals some relief on TDS, TCS

The Budget has proposed to cut the rate of TDS to 2% from 5% earlier for rents paid in excess of Rs 50,000 by an individual or an HUF, for a month or part thereof

Budget indicates focus on enhancing human capital, says Harsha Agarwal

It is heartening to see the Budget expand its focus from agricultural allocation to enhanced focus on agricultural productivity and sustainability, he says

Top firms' profit drop led to cut in corporation tax forecast: Revenue secy

In conversation with Shrimi Choudhary, the senior bureaucrat discusses several tax-related announcements in the Union Budget

Union Budget 2024-25: Govt aims on strengthening social sector reforms

Budget's focus is to create jobs and improve workforce skills

Union Budget 2024-25: Lightening the indirect burden on taxpayers

The Budget has taken up several welcome measures for their benefit and overall trade facilitation

Brokerages raise bets on FMCG, IT, consumer stocks after Budget 2024

Here are ten stocks where brokerages expected the maximum upside in their share price over the next 12 months

Union Budget 2024 remains largely neutral for stock markets in India

A breakout of 3% plus or minus - say 750 points on the Nifty - would reset the medium-term trend but this Budget does not seem to have provided the triggers either way

Budget 2024: FM Sitharaman continues with push for spiritual tourism

The government will also start a comprehensive development initiative for the city of Rajgir in Bihar, which holds immense religious significance for Hindus, Buddhists and Jains

Budget 2024 gives boost to religious tourism: Bihar, Odisha in focus

Budget 2024: In Bihar, the Vishnupad Temple Corridor and the Mahabodhi Temple Corridor are set to undergo comprehensive development

Union Budget 2024 boosts spiritual tourism, but this sector remains unsatisfied

The Union Budget 2024 had a slew of announcements for the tourism sector, particularly benefiting spiritual tourism. But there's one sector in the tourism industry that was expecting a bit more.

Congress CMs to boycott NITI Aayog meet over 'discriminatory' 2024 Budget

Union Budget 2024: Siddaramaiah (Karnataka), Revanth Reddy (Telangana), Sukhvinder Sukhu (Himachal Pradesh) will boycott the NITI Aayog meeting on July 27

Cong calls Budget copy of its manifesto but also criticising: Himanta

Assam Chief Minister Himanta Biswa Sarma on Tuesday said contradiction and confusion were "trademarks" of the Congress as it called the Union Budget a copy of its election manifesto but also criticised it. He said the Budget would usher in a new wave of development in Assam and the Northeast. "Congress calls our budget - a copy of their manifesto, yet they criticize it. Contradiction and confusion are Congress's trademarks," he said in a post on X. "With enhanced budgetary outlays and key sectoral schemes along with dedicated assistance for combating floods, the budget will be a game-changer for the state," he added. Sarma thanked the Centre for allocating Rs 1,000 crore for the welfare of the tea garden community under the Pradhan Mantri Cha Shramik Protsahan Yojana. "My gratitude to the Government led by Hon'ble Prime Minister Shri @narendramodi Ji for this unique scheme that will greatly benefit our brothers and sisters, who form the backbone of Assam's tea industry," he said.

Union Budget 2024: Govt retains Rs 1.2 trn telecom revenue in FY25

Non-tax telecom revenue higher by 28.5% despite muted spectrum auctions

Brokerages on board with Budget but for capital gains tax curveball

As markets sift the Budget's fine print, they'll also monitor Q1 earnings, monsoon trends, and global factors

Budget 2024: Border infra gets boost as China builds bunkers, bridge at LAC

Govt committed to improving border infra through higher budgetary allocation to agencies executing strategically-significant projects, says Ministry of Defence

Fighter jets to submarines: Budget 2024 aims at major defence acquisitions

In absolute terms, Budget 2024's allocation under the capital head to the armed forces stands at Rs 1.72 trillion, which is over nine per cent more than the FY24 Revised Allocation

Parliament highlights: Not possible to name every state in budget, says FM Nirmala Sitharaman

Lok Sabha and Rajya Sabha news: Catch all the news updates related to the developments in the Parliament here

Union Budget 2024: R&D, spacetech fund gives deeptech startups a boost

The govt is working on National Deep Tech Start-up Policy as part of its efforts to spur innovation in India's deeptech sector. The policy attempts to address the vital barriers facing the industry

Soren slams BJP-led Centre for 'neglecting' Jharkhand in Union Budget

Jharkhand Chief Minister Hemant Soren on Wednesday slammed the Centre for "neglecting" the state in the Union budget, and alleged that the BJP leaders are "silent" over the dues from the Centre. He also claimed that the Centre owes Rs 1.36 lakh crore to the state and demanded that its dues be paid by the Union government. "Who is guilty of discrimination with the state? The Centre owes Rs 1.36 lakh crore to the state, but every BJP leader is silent on this issue. Give a special package to your crutches - pay us our dues," Soren said on X. He was apparently referring to financial measures, announced by Union Finance Minister Nirmala Sitharaman in her budget proposals on Tuesday, for Bihar and Andhra Pradesh, ruled by key NDA allies -- Nitish Kumar-led JD(U) and Chandrababu Naidu's TDP -- which are providing critical support to the BJP-led government at the Centre. Announcing a host of developmental projects, Sitharaman proposed a total outlay of over Rs 60,000 crore for various ...