Page 13 - Budget

At Rs 200K, Centre to provide 67% more to build rural homes in plains

Budget documents also showed that for houses that will be being built in hilly and north-eastern states, the per unit allocation has now been enhanced to Rs 220,000 as against the earlier Rs 130,000

Quantifying capex is reassuring but expect it to change in July: L&T CFO

I was just expecting her to say we will continue to keep focus on infra, he says

In the Lok Sabha poll year, oil companies get marketing Budget boost

Overall capex in the oil sector up by 18.6 per cent to Rs 1.33 trillion

Average monthly GST collection may touch Rs 1.7 trn in FY25: CBIC chairman

Customs duty collection may go up if global activities improve but targets can be pegged on the basis of trends only, he says

60% may shift to new tax regime in FY24: CBDT chairman Nitin Gupta

'No extension of concessional corporation tax rate for new manufacturing units'

We're on course to reaching inflation target of 4% in FY25: CEA Nageswaran

Our potential growth rate is somewhere between 6.5 and 6.8 per cent and it is not 6 per cent as the international agencies used to estimate, he says

Moving away from a disinvestment target: Dipam secy Tuhin Kanta Pandey

He said that of the Rs 30,000 crore miscellaneous receipt for FY24, the Centre expects to get about Rs 12,000 crore from asset monetisation and Rs 18,000 crore from disinvestment

Tax buoyancy cannot continue year after year, says DEA secy Ajay Seth

Economic Affairs Secretary Ajay Seth spoke on the government's thinking behind the major budget projections and the fiscal math

It's not priority of govt to monitor consumption: Finance secretary

He says why the Budget numbers are realistic and speaks of the evolving approach of the government towards disinvestment, welfare schemes, and capital expenditure

Economic reforms implemented 'despite the odds', says FM Sitharaman

Rating agencies must take note of the country's transparent fiscal consolidation path, FM says

BMC unveils highest ever Budget at Rs 59,954 cr with focus on health, infra

No new taxes were proposed on Friday in the Brihanmumbai Municipal Corporation's Rs 59,954.75-crore budget for 2024-25, the highest ever, as it made special provisions for the coastal road project and proposed four new schemes, one of them for providing medicines free to patients at civic hospitals for which Rs 1,200 crore was set aside. The expenditure on the health budget was hiked to Rs 7,191 crore from Rs 6,309 crore in 2023-24 and a provision of Rs 340 crore was made for upgradation of footpaths, lanes and bylanes. A sum of Rs 100 crore was allocated for implementation of a scheme for women's security. The budgetary estimates were 10.5 per cent more than the 2023-24 amount of Rs 54,256.07 crore. The administration of India's richest civic body presented the budget for the next fiscal to municipal commissioner-cum-administrator Iqbal Singh Chahal at the BMC headquarters in south Mumbai. Chahal, a senior IAS officer, was appointed the BMC administrator by the Maharashtra ...

Interim Budget 2024-25: Striking a middle path

Such prudence also seems to have influenced the Finance Minister's fiscal consolidation efforts

Interim Budget 2024-25: A turning point for investment treaties

This judgment opened the floodgates, and various similar claims were raised against the government asserting the investor's rights under other BITs

Best thing about Budget is Rs 45 cr boost for sports ministry: Gagan Narang

The ministry's flagship programme, Khelo India, was allotted Rs 900 crore, an increase of Rs 20 crore from the previous budget

Interim Budget 2024-25: Strong foundation towards 'Viksit Bharat'

The cornerstone of this Budget is a commitment to foster global competitiveness among Indian enterprises, attract foreign investments, and bolster startups and innovation-driven ecosystems

Budget 2024: PM GatiShakti to be utilised for 3 major railway corridors

PM GatiShakti aims boost multimodal connectivity while moving towards logistics efficiency and reducing carbon footprint in rail movement

Mission Shakti: Under longest-serving woman FM, gender Budget hits a high

India's gender Budget was specifically started in 2005-06 to view the budgetary exercise through a gender lens and to ensure that the benefits of development do not exclude women

Cong MP asks for higher share in Budget, demands separate nation for south

Karnataka politician DK Suresh threatened a call for separate nationhood for southern states after accusing the Centre of disproportionately distributing share of GST and direct tax funds

Budget reinforces the vision of a confident, consistent and credible India

The government has exuded confidence that despite an election year, it has stayed committed to enhancing the quality of its spending

Best of BS Opinion: Interim Budget 2024-25: Striking a middle path & more

Here is the best of Business Standard's opinion pieces for today