Page 42 - Nirmala Sitharaman

Budget 2024: FinMin announces Critical Mineral Mission; what we know so far

Union Budget 2024: Finance Minister Nirmala Sitharaman announced the government will soon conduct the first round of offshore mineral auction round under the Critical Mineral Mission

Union Budget 2024-25: Propelling India's evolution into 'Viksit Bharat'

With the objective of ease of doing business and in line with recent Goods and Services Tax (GST) council recommendations, various proposals have been introduced under GST

Union Budget 2024: Beginning of remarkable direct tax reforms by Modi 3.0

Income tax changes in Budget 2024: On the personal income-tax front, the tax slab rates have been rationalised only under the new tax regime

Fiscal consolidation: Yes. Banking reforms: Wait

Next-generation reforms are at the bottom of the list of nine priorities of this Budget

FM Nirmala Sitharaman's Budget 2024 lays ground for further reforms

The abolition of Angel Tax for all classes of investors provides a fillip to the innovation ecosystem and entrepreneurs

Budget 2024: Will make up for revenue forgone, says FM Nirmala Sitharaman

Gradually, we are moving towards a simplified taxation regime, while bringing down the incidence of tax itself. Therefore, we are taking this review, says FM

End of angel tax to new I-T slabs: Budget 2024 is political but prudent

This Budget will further energise the aspirations of our neo-middle class. Unprecedented opportunities will be unleashed for our younger generation, says PM Modi

'FM Nirmala Sitharaman's Budget aims to create abundant opportunities'

The 2024 budget highlights ongoing efforts in nine strategic areas aimed at generating abundant opportunities for everyone

Key highlights of Budget 2024: Major focus on jobs, infra, new tax regime, incentives for allies

Nine priorities expedite journey towards goal of 'Viksit Bharat', said finance minister

Budget 2024: FM exhorts states to take up next-gen reforms agenda

The final report of the 15th Finance Commission had recommended transfer of 41 per cent of central taxes to the states after two Union Territories were carved out of Jammu and Kashmir

Budget 2024: What did FM Nirmala Sitharaman say about the middle class

Union Budget 2024-25: Emphasis on employment, skilling, and MSMEs, but no tax relief for the middle class

Budget 2024: FM hikes taxes on equity trading; STCG, LTCG, STT raised

To mitigate the blow from the increased taxes, the amount exempted from the LTCG on listed securities has been increased to Rs 125,000 a year from the earlier limit of Rs 100,000

Budget 2024: Poor, middle class continue to get tax benefits, says PM Modi

Union Budget 2024: PM Modi made the remarks about the Budget hours after Finance Minister Nirmala Sitharaman made her presentation in the Lok Sabha

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

This is Nirmala Sitharaman's seventh consecutive presentation

Budget 2024: Tax burden on share buybacks shifted to shareholders

Finance Minister proposes to tax income received on buybacks of shares in the hands of recipient

Angel tax abolition significant milestone, will boost startups: IT Minister

The Union Budget announcement of the abolition of the angel tax is a significant milestone that will boost the startup ecosystem in India, IT Minister Ashwini Vaishnaw said on Tuesday. It is a "very good decision" and has been the biggest demand of deep tech startups, Vaishnaw said, adding that the move will spur investment in startups. "Angel tax has been a long-standing issue...deep tech startups had a major issue on how do you do valuation... that point has been addressed with its abolition," he said at a post-budget conference. The minister said India has taken big strides in domestic manufacturing of mobiles, laptops and servers, and the focus now is to encourage component manufacturing. The process of framing rules under the Data Protection Act (DPDP Act) is in the "advanced stage", he said, adding that "we will place rules for public and stakeholder consultation soon".

Budget 2024: Karnataka CM says FM has done injustice to people of state

Terming the Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman as "disappointing", Karnataka Chief Minister Siddaramaiah on Tuesday said the State has been totally neglected. "As Nirmala Sitharaman is the Rajya Sabha member from Karnataka, we had expected her to do justice for the state and hoped that she would protect the interest of the state, but she has disappointed and done injustice to the people of Karnataka," he said. "In this budget Nirmala Sitharaman has given Karnataka 'Chombu' (a small, round water container). Karnataka has got nothing. Andhra Pradesh and Bihar got special grants, no other states have got grants. Because for Nandra Modi Modi to continue as Prime Minister Andhra Pradesh and Bihar's support is required," Siddaramaiah said. Speaking to reporters here, he said no impetus has been given to Karnataka in this budget including in sectors like industries and railways, despite five central ministers being from the state. "The budget is totall

Union Budget 2024: What does it offer the middle class?

The Union Finance Minister presented the Union Budget 2024-25 on July 23. Among a slew of announcements made, let's take a look at what the Budget has in store for the middle class >

Watch: Reactions of political leaders on Union Budget 2024

Watch the reactions of leaders of various political parties on the Union Budget 2024.

Union Budget 2024: Angel Tax abolished

Finance Minister Nirmala Sitharaman on Tuesday announced abolishing angel tax for all classes of investors in startups.