Page 15 - Budget

Infra Budget rises 16.9%, no big bang announcements for major sectors

Outlay for infrastructure has been increased to Rs 11.11 trillion in FY25, gets mixed reactions from the industry

Prudence first

Interim Budget sticks to fiscal glide path

Populism, not politics, missing in Budget

Read this Budget, therefore, as a declaration of victory a month before the Lok Sabha elections are announced

Interim Budget: Critical minerals supply chain security takes prominence

In her Budget speech, the Finance Minister's emphasis on critical minerals signals a government commitment to achieving self-reliance in the supply of minerals crucial for cutting-edge technology

Budget: Tax devolution to states seen at 32%, but lags 15th FC advice

The final report of the 15th Finance Commission had recommended the transfer of 41 per cent to the states after Jammu and Kashmir was carved out into two union territories

Delhi govt alleges step-motherly treatment on Rs 1,168 cr Budget allocation

The Union Territory of Delhi was allocated Rs 1,168 crore in the interim budget for 2024-25 on Thursday, the same as in 2023-24, with the AAP government accusing the BJP-led Centre of meting out "step-motherly" treatment to the national capital. The transfer to Delhi from the Union home ministry included Rs 1,168 crore under the revenue head and Rs 0.01 crore under the capital head. In the 2022-23 budget, Delhi was allocated Rs 960 crore. The amount was increased to Rs 1,168.01 crore in 2023-24 and it remains the same for 2024-25. There were no grants in lieu of its share in central taxes and duties for Delhi. It was Rs 325 crore in the 2022-23 budget. The grants in return of Delhi's share in the pool of central taxes and duties were clubbed under the "central assistance to Union Territories" in the budget estimates of 2023-24 and have remained so in the interim budget for 2024-25. The allocation under central assistance to Delhi in the 2024-25 budget estimates was Rs 951 crore li

Interim Budget: Equip youth for nation's progress, says FM Sitharaman

When it comes to youth, skilling has been a major focus area. The Skill India Mission has trained 14 million youth, upskilled and reskilled 5.4 million youth, shared FM Sitharaman

Decadal perspective of Modi govt: Support for education and health

A large proportion of Indians still pay money from their own pockets for medical expenditure with limited insurance coverage

Budget: India Inc results may mirror govt expenditure in upcoming qtrs

In comparison, Larsen & Toubro, Maruti Suzuki, and Bajaj Auto have seen strong double-digit growth in net sales and net profit. fuelling a rally in their share prices

Interim Budget: Govt earmarks Rs 1 trn corpus for R&D in sunrise sectors

"For our tech-savvy youth, this will be a golden era," Sitharaman said

Governance, development, performance key themes for Budget 2024-25: FM

We're not just aligning with fiscal consolidation path but bettering it: FM

Budget: Defence allocation at Rs 6.21 trillion, but stays below 2% of GDP

As a percentage of government expenditure, the budget allocated to defence is 13 per cent, continuing a multi-year trend of falling allocations

Thumbs-up for 'guarantee': Budget hits a sweet spot, says PM Modi

He listed some proposals for the middle class, such as rooftop solarisation and "income tax remission" under which the government will withdraw old disputed direct tax demands

Interim Budget: Fiscal consolidation hits 26 of 37 welfare schemes in FY24

The interim Budget showed the total revised estimates (RE) for these 37 schemes fell by 6 per cent to Rs 4.41 trillion in FY24 from the budget estimate (BE) of Rs 4.69 trillion

Budget at a glance: Here're the key numbers from interim Budget 2024

FM Sitharaman emphasised India's growing popularity as a global tourist destination as well as its booming domestic segment, spanning from business to spiritual tourism

Interim Budget 2024-25: Infrastructure likely to get a capex thrust

Increase in outlay in line with industry expectations

Interim Budget 2024-25: Debt fund managers cheer lower borrowing

The decline in bond issuances will further improve the demand-supply dynamic, say money managers

Interim Budget: Share of capex allocation jumps to 30-year high in FY25

The headline figure of Rs 11.1 trn is 11.1% higher than FY24, says Finance Minister

Interim Budget: Tax-GDP ratio projected to be highest in FY25 since 2008-09

Personal income tax is the only tax that was shown to collect more in RE for this financial year

Absence of surprises in Budget: Mkts flat as investors look for triggers

The Sensex ended the session at 71,645, a decline of 107 points or 0.2 per cent, while the Nifty50 index fell 17 points, or 0.08 per cent, to end 21,709