Tag: budget

Budget proposals for marine sector to boost India's aquaculture, seafood exports: MPEDA
Posted in Economy

Budget proposals for marine sector to boost India’s aquaculture, seafood exports: MPEDA

New Delhi: Budget announcements for the marine sector such as rationalisation of customs duties and financing facilities will help boost the country’s India’s aquaculture and…

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Union Budget 2023: Are you richer or poorer? Here's the bottomline
Posted in Economy

FM Nirmala Sitharaman clears air on the budget proposals that got everyone talking

(This story originally appeared in on Jul 25, 2024) A day after presenting her seventh straight budget, finance minister Nirmala Sitharaman sat down with TOI’s…

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Is Budget about Modi's 'Kursi Bachao' plan? Sitharaman clarifies the motive behind funds to Naidu & Nitish
Posted in Economy

Is Budget about Modi’s ‘Kursi Bachao’ plan? Sitharaman clarifies the motive behind funds to Naidu & Nitish

India’s Budget for this fiscal year stuck to fiscal prudence while retaining its record capex allocation, while it made major changes to tax structures ranging…

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PLI expanded to 16 sectors, Budget allocation at Rs 16k cr
Posted in Economy

PLI expanded to 16 sectors, Budget allocation at Rs 16k cr

New Delhi: The budget expanded the production-linked incentive (PLI) scheme to cover toys and footwear, enhancing the sectoral coverage to 16 while increasing allocations for…

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Budget 2024: ET Q&A: Reforms to allow development without taking land away, says Ajay Seth
Posted in Economy

Budget 2024: ET Q&A: Reforms to allow development without taking land away, says Ajay Seth

Employment remains the overwhelming theme but the budget is more than that, economic affairs secretary Ajay Seth told Banikinkar Pattanayak and Deepshikha Sikarwar in an…

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NPS Vatsalya is a plan for minors where contribution can be made by parents and guardians. The scheme will be converted to regular NPS once the child attains the age of 18. (PTI)
Posted in Business

New pension scheme for minors introduced in Union Budget 2024: Details and how to apply

The Union Budget 2024, presented by Finance Minister Nirmala Sitharaman in the parliament on July 23 announced a new pension scheme for minors, called the…

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Finance Secy highlights divestment plans, says won't announce in advance as govt wants best value for public companies
Posted in Economy

Finance Secy highlights divestment plans, says won’t announce in advance as govt wants best value for public companies

The government will not pre-announce the timing of its divestment plans for FY25 to ensure its best value for public companies, said Finance Secretary TV…

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Budget 2024: Cut in customs duty, credit guarantee scheme for MSMEs to help boost mfg, exports: Experts
Posted in Economy

Budget 2024: Cut in customs duty, credit guarantee scheme for MSMEs to help boost mfg, exports: Experts

New Delhi: The Budget announcements such as cut in customs duties on range of goods, credit guarantee scheme for MSMEs and setting up of e-commerce…

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Govt may cut borrowing if small saving inflows are high, official says
Posted in Economy

Govt may cut borrowing if small saving inflows are high, official says

MUMBAI: India could look at cutting gross borrowing later in the financial year if inflows into national small saving schemes (NSSF) are high, Economic Affairs…

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Posted in Economy

Budget 2024 shakes up tax rules, hitting stocks, properties, and gold

Nirmala Sitharaman has splashed cold water to sober a party running ahead of reality. The message is clear-cut down speculation on stocks and properties, pay…

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