Tag: union budget

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 news: Budget proposals lay ground for long term reforms: NITI Aayog VC
Posted in Economy

budget 2024 news: Budget proposals lay ground for long term reforms: NITI Aayog VC

NITI Aayog vice chairman Suman Bery on Wednesday said the review of the direct tax and the custom’s duty rates as announced by the Finance…

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Seven wonders from Union Budget that will cheer the Indian consumers
Posted in Economy

Seven wonders from Union Budget that will cheer the Indian consumers

Union Budget: The recent budget announced by finance minister Nirmala Sitharaman brings relief to consumers by reducing customs duties on various imported goods, making luxury…

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Posted in Economy

Modi Budget prioritizes jobless voters who spurned him at polls

Prime Minister Narendra Modi’s new government outlined vast spending on unemployment and projects favored by key political allies, in the most high-profile acknowledgment to date…

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Posted in Economy

Budget 2024 in five key charts: More spending, debt control

Indian Finance Minister Nirmala Sitharaman delivered her seventh budget speech on Tuesday, pledging to create more jobs, boost spending on infrastructure while still reining in…

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budget news: UK businesses, investors react positively to Union Budget
Posted in Economy

budget news: UK businesses, investors react positively to Union Budget

The Union Budget tabled by Finance Minister Nirmala Sitharaman in the Lok Sabha on Tuesday has been received with much enthusiasm within the UK business…

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Development outlay for Bhutan highest; allocation to Maldives sees cuts
Posted in Economy

Development outlay for Bhutan highest; allocation to Maldives sees cuts

New Delhi: In line with India’s ‘neighbourhood first’ policy, Bhutan was on Tuesday allocated the largest share of Rs 2,068 crore as development aid in…

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budget: Modi govt provides funds to all states, does not discriminate, says FM Nirmala Sitharaman on Opposition criticism
Posted in Economy

budget: Modi govt provides funds to all states, does not discriminate, says FM Nirmala Sitharaman on Opposition criticism

Finance Minister Nirmala Sitharaman on Tuesday dismissed the Opposition’s criticism that the budget has accorded special treatment to states run by supporting parties, saying that…

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Salaried taxpayers will continue to be eligible for a standard deduction of only <span class=
Posted in Business

Budget 2024: Standard deduction raised to Rs. 75,000 under new tax regime. How will it benefit salaried class?

While presenting the Union Budget for 2024-25 in the Lok Sabha, finance minister Nirmala Sitharaman announced an increase in the standard deduction for salaried employees…

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Budget 2024: Union Budget 2024: Sitharaman's Budget cuts subsidy bill by 7.8% to Rs 3.81 lakh crore
Posted in Economy

Budget 2024: Union Budget 2024: Sitharaman’s Budget cuts subsidy bill by 7.8% to Rs 3.81 lakh crore

In a move that signals fiscal prudence, the government reduced its subsidy outlay for food, fertiliser, and fuel by 7.8 per cent in the full…

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