Page 38 - Union Budget

Union Budget 2024: FM sticks to the plan

Budget taxed and spent smartly, more clarity needed on fiscal path

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

Union Budget 2024-25: Rise in income tax filings by individuals

The largest source of income for individuals is salaries, but it has grown slowest among income categories

Simpler capital gains tax regime highlight of Budget

The administration of the income-tax department is in a poor shape today. Taxpayer appeals have piled up for the past five years with zero accountability by the tax department

Budget 2024-25: Credit support for MSMEs to help them compete globally

The budget also announced a new mechanism for facilitating the continuation of bank credit to MSMEs during their stress period

Rahul flags 'hollow' Budget promises; demands ignored, say regional parties

Samajwadi Party president Akhilesh Yadav wondered whether the Budget had anything for UP.

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: 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 to boost rural consumption, augment purchasing power: FMCG industry

The Union Budget will help drive consumption, especially from rural areas, with its special focus on agricultural schemes and rural development, FMCG industry leaders said. Terming the measures announced in the budget "positive , HUL CEO and MD Rohit Jawa said investment in infrastructure will have multi-year effect and help drive consumption. "The new announcements today, increasing the investment rural development, investment activities supporting urban poor, the schemes for youth, employment, especially skilling, are quite positive, especially for business like ours that serves consumers," said Jawa during an earning calls on Tuesday. "These investments will have multi-year effect in driving consumers to spend more in consumption, that, in turn, of course drive the economy for its value," he said adding these are right set of announcements and the focus of the budget is mass consumption. Parle Products Vice President Marketing Mayank Shah said initiatives announced in the budget

Budget 2024: MeitY's budget outlay jumps 52% to Rs 21,936 crore for FY25

MeitY runs multiple incentive schemes and programmes in areas such as semiconductor manufacturing and design, electronics manufacturing, and the India AI Mission, among others

Union Budget 2024 | Understanding the fine print

Finance Minister Nirmala Sitharaman presented the Union Budget in Parliament today. The Finance Minister announced key measures for various sectors. Here in this video we present you the detailed anal

Budget allocation to Delhi stagnates at Rs 1,168 cr; Atishi slams Centre

The allocation for the Government of National Capital Territory of Delhi (GNCTD) in the Union budget 2024-25, presented in the Lok Sabha on Tuesday, remained stagnant at Rs 1,168 crore, the same amount allotted in 2023-24. The AAP government's Finance minister Atishi lashed at the BJP saying no money was given to Delhi neither as share in central taxes, nor as financial assistance to the Municipal Corporation of Delhi (MCD) despite the city paying Rs 2.32 lakh crore to the central pool. 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, showed the budget document tabled in the Lok Sabha. 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 amount of grants in return of ..

CII T'gana, FTCCI welcome Budget, term it growth oriented, progressive

The CII Telangana on Tuesday termed the Union Budget as growth-oriented and one which gives a big boost for MSMEs, jobs creation and skill development areas. The Federation of Telangana Chambers of Commerce and Industry (FTCCI) welcomed the Union Budget presented by Nirmala Sitharaman and said it is progressive, pro-development budget that attempted to lay a strong foundation for 'Viksit Bharat'. CII Telangana Chairman and Executive Director, Bharat Biotech International Ltd Sai D Prasad said the focus on MSMEs is extensive and the Budget for 2024-25 provides a detailed strategy for each segment of society, aiming to ensure that every Indian shares in the growth ambitions of our country, according to a release by CII Telangana. The nine key priorities outlined in the Budget for a 'Viksit Bharat' offer a holistic framework for an inclusive, resilient, prosperous, environmentally sustainable, and technologically advanced nation, he said. This ambitious plan represents a significant s

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.

Budget proposes to simplify norms pertaining to FDI, overseas investments

FM says 'not disowning' Economic Survey's suggestion that India should attract more FDI from China

Union Budget 24: What's cheaper and what's costlier? Check full list

In the Union Budget for FY25, Finance Minister Nirmala Sitharaman announced several changes impacting the prices of various items. Read on to find out what they are

India's economic growth continues to be shining exception: FM Sitharaman

Finance Minister Nirmala Sitharaman said, "India's economic growth continues to be the shining exception and will remain so in years ahead. India's inflation continues to be low and stable moving towa

Zerodha to collect Rs 2,500 cr from STT hike in Budget 2024: Nithin Kamath

STT on derivatives hike in Budget 2024: While unveiling the Budget 2024 proposals, the first budget in the Modi 3.0 regime, FM Nirmala Sitharaman announced a slew of changes relating to stock markets