Page 20 - Budget

Himachal proposes Rs 9,989.49 cr budget plan for 2024-25: CM Sukhu

The Himachal Pradesh government has proposed an annual budget plan of Rs 9,989.49 crore for 2024-25, Chief Minister Sukhvinder Singh Sukhu said on Monday. The chief minister presided the first session of MLA Priority meeting with the MLAs from Una, Hamirpur and Sirmaur districts. The Chief Minister said that the state government was working with a motto to make Himachal Pradesh self-reliant in the next four years and the most prosperous state in the country in 10 years. He exhorted the MLAs to come up with the priorities that were in line with the state government's commitment to provide clean, transparent and accountable administration to the people of the state. Sukhu said that the discussion during these meetings would pave the way to further accelerate the development process. "The state government is committed for equitable development of all the areas and every section of the society. In order to achieve this, the government has adopted the manifesto of the Congress party as

Steady benchmark bond yields eye Budget, US Fed cues for direction

India's benchmark 10-year yield ended at 7.1735%, on Monday, following its previous close at 7.1760%

TTD approves annual budget estimate of Rs 5,142 crore for 2024-25

The Trust Board of Tirumala Tirupati Devasthanams (TTD), the official custodian of Sri Venkateswara temple in Tirupati on Monday approved a budget estimate of Rs 5,142 crore for the year 2024-25. The budget, a slight increase from Rs 5,123 crore in 2023-24 was approved in a board meeting chaired by TTD chairman B Karunakara Reddy. According to the budget highlights shared with PTI, hundi kanuka (devotees' offerings) emerged as the largest source of funds at Rs 1,611 crore for the world-famous temple, maintaining the same level as the previous year. Interest receipts at Rs 1,167 crore are the second-largest source of funds, showing an increase of Rs 100 crore from 2023-24, followed by prasadams receipts (consecrated food) at Rs 600 crore (compared to Rs 550 crore) and an opening cash and bank balance of Rs 347 crore. Opening cash and bank balance declined by Rs 180 crore when compared to the budget estimates of 2023-24. Other major sources of funds include darshanam (visit) receipt

Rupee ends little changed as focus turns to Budget, US Fed decision

The rupee closed at 83.1325 against the U.S. dollar, barely changed from its close at 83.1150 in the previous session

Union Budget 2024: Rebate under new income tax regime may be hiked!

In the interim budget, set to be announced on February 1, the Centre may raise the tax rebate under the new income tax regime. Watch the video to learn more. #taxrebate #interimbudget #budget2024 >

Interim Budget 2024: Defence budget under Modi govt from 2014-2023

From modernisation to border security, here is a look at India's defence Union Budget over the last decade, according to reports by Ministry of Defence

Budget 2024: Govt calls all-party meet on Jan 30, ahead of budget session

Minister of Parliamentary Affairs Pralhad Joshi's floor leaders' meeting on Tuesday will unveil expectations and priorities for the upcoming Interim Budget Session from Jan 31 to Feb 9

Budget 2024: Women entrepreneurs advocate inclusive policies, skilling

Women entrepreneurs and leaders highlight key areas, including healthcare, maternity benefits, education, and skill training, where more inclusive policies could be drafted in Budget 2024

Interim Budget 2024: Date, time and halwa ceremony; all you need to know

To mark the final stage for preparation of the Interim Budget 2024, FM Sitharaman earlier this month participated in the customary 'halwa' ceremony

Budget 2024: A glance Budget 2023 announcements for agriculture sector

From welfare schemes to infrastructure & digital development, here are the highlights of Budget 2023 for the agricultural sector in India and the expectation for the Interim Budget 2024

Affiliates of RSS, BJP gear up for LS polls with interim Budget plans

The interlocutors are conscious that the exercise on February 1 will only be an Interim Budget, and a full Budget will be presented sometime in July

TMS Ep617: Byju's GenAI, interim Budget, market rally, PM Suryoday Yojana

Can GenAI save Byju's? Will there be a special package for rural India in interim Budget? Will the markets see a pre-Budget rally? What is PM Suryoday Yojana? All answers here

TMS Ep616: Zee-Sony merger, cookieless market, interim Budget, stress test

Has Zee run out of options after merger collapse? Are Indian businesses ready for a cookieless market? What do investors expect from interim Budget? What is stress testing in finance? Answers here

Budget 2024 LIVE: Tax benefits, support to women among expectations

Union Budget 2024 Live Updates: Catch all the latest developments on the Interim Budget 2024 here

Kashmiri Pandits urge Centre to increase relief, jobs in Budget session

The displaced Kashmiri Pandits on Friday urged the Centre to increase their monthly relief amount and allocate a new employment package featuring 5,000 jobs in the Kashmir Valley during the upcoming Budget session. A Kashmiri Pandit family, lacking any government employee as its member, currently receives "meagre" Rs 13,000 per month for sustenance without any enhancement during the last one decade. The families with government employees, however, do not receive such relief. "I request the central government to keep a separate amount for the Kashmiri Pandit community in the forthcoming Budget. I will press for implementation of two things and will urge the Finance Ministry and Lieutenant Governor Manoj Sinha ji. There should be enhancement of relief amount to the community as early as possible in this Budget session," Head of Kashmiri Pandit Volunteers (KPV) Vikram Kaul told PTI. Expressing optimism, he hoped that the BJP government, despite a perceived lack of significant initiativ

Budget expectations: Income tax benefits, support to women entrepreneurs

An increase in income tax exemption limits, support to women entrepreneurs, a long-term taxation policy and steps to boost consumption and savings are among the expectations of experts from the interim budget which will be presented by Union Finance Minister Nirmala Sitharaman on February 1 ahead of Lok Sabha elections. They also demand for parity in taxation among companies, partnerships and limited liability partnerships. "This is going to be an interim budget but at least there may be some indications of full-budget benefits. There may be some concession to be offered to individual taxpayers under section 87A under which the overall tax exemption limit may be increased to Rs 8 lakh from now Rs 7 lakh, inclusive of rebates," All India Federation of Tax Practitioners national president Narayan Jain said. Bharat Chamber of Commerce president N G Khaitan said there is a need for a long-term taxation policy and parity in taxation among companies, partnerships and limited liability ...

Interim Budget 2024: T V Somanathan to Ajay Seth, meet the FM's crack squad

Sitharaman is backed by a strong team of bureaucrats and economists, who will chart the future strategy in the upcoming Budget

Interim Budget: Come Feb 1, industry bodies stand behind capex boost

Earlier, the Finance Act 2021 had extended the sunset date under the concessional tax regime of Section 115 BAB by only one year to 31 March 2024

Govt halves Budget support to oil firms, defers filling strategic reserves

The finance ministry in a post on X detailing the outcome of the budget announcements, informed about the halving of equity support and deferring of filling strategic reserves

Interim Budget 2024: What does the education sector expect from Centre?

Interim budget 2024: Here's what the experts of the education sector expect from the Centre