Nirmala Sitharaman stated that no decision has been made on scrapping the old regime, emphasising the government's intention to simplify the tax system. The revised New Tax Regime aims to provide annual tax savings for individual taxpayers, effective from April 1, 2024.
Budget 2024: Finance Minister Nirmala Sitharaman is set to present the first budget of Modi 3.0 in Lok Sabha, marking her seventh budget presentation. Prime Minister Modi emphasised the budget's significance in the "Amrit Kaal" journey towards a developed India by 2047.
Presented ahead of the Union Budget, the Economic Survey document gives insights into the state of the economy and various indicators of 2023-24 (April-March) and some outlook for the current year.
According to the government's Economic Survey 2023-24 presented in Parliament on Monday, India must acknowledge and tackle the challenges arising from its reliance on China for essential minerals. It also emphasised the need to assess the impacts on financial institutions' balance sheets.
As AI continues to reshape the global economic landscape, India is poised to take a leading role. By balancing technological advancement with labor market considerations and fostering collaborative efforts across sectors, India aims to harness AI's potential for widespread economic prosperity.
Finance Minister Nirmala Sitharaman tabled the Economic Survey 2023-24 in the Parliament on Monday. Here are the key highlights of the Survey.
Parliament Monsoon Session 2024: Nirmala Sitharaman tabled the economic survey in Lok Sabha today. Union Budget will be presented in the House tomorrow.
Budget 2024: The Economic Survey provides statistical information and analysis on various sectors of the economy as well as data on employment, GDP growth, inflation, and the budget deficit.
Analysis of the data revealed that on average, 600 people become victims of dog bites in Bihar every day. The second most prevalent disease in the state, as per the report, was malaria. The state witnessed 45,532 cases of malaria in 2022-23, the report said.
Union Budget 2024: The Economic Survey is an annual report analysing the performance of the economy over the past year and offering insights into its prospects.
Finance Minister Nirmala Sitharaman will present the Economic Survey in the Parliament on January 31. The Economic Survey is prepared by the Economic Division of the Ministry of Finance and covers economic matters.
India currently has around 35 per cent of its towers fiberised for 5G and the backhaul infrastructure will cost a whopping Rs 3 lakh crore over the next 4-5 years, according to rating agency ICRA.
The Economic Survey provided a variety of statuses of the Indian economy and provides thorough statistical data on several sectors and how they performed in the previous year.
The Economic Survey 2022-23 tabled in the Parliament indicated that the Indian economy is experiencing an upward trend post-pandemic triggering an increment in employment.
Economic Survey: The Economic Survey emphasised the need for careful monitoring of the Current Account Deficit (CAD), which could continue to grow due to elevated global commodity prices.
Parliament Budget Session 2023: The government has planned to bring around 36 bills - including four related to the budgetary exercise - during the session.
Union Budget 2023: Economic Survey will be presented in Parliament on 31st January. In this survey report, there is an account of the economic activities of the year. But what is this economic survey and why is it considered very important.
The country's annual economic development and short- and medium-term economic prospects are outlined in the Economic Survey.
The department, which is responsible for ensuring safe drinking water to people in these affected districts, has started drilling deepwater bore wells.
Taking a dig at the government, he said that it took two years "to go back to where we were on March 31, 2020."
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