Bihar Chief Minister Nitish Kumar has expressed optimism after Finance Minister Nirmala Sitharaman presented the Union Budget 2024 and announced huge monetary aid for Bihar's development.
Union Finance Minister Nirmala Sitharaman, during a press conference on the Union Budget 2024, announced a simplified approach to taxation aimed at boosting investment, with the average taxation reduced to 12.5 per cent. She also emphasised the need to widen the tax net and highlighted the increase
Finance Minister Nirmala Sitharaman is set to present the Union Budget 2024-25 on Tuesday. Key expectations include populist measures to boost the rural economy and create jobs.
PM Narendra Modi slams Opposition before Parliament Budget Session
Finance Minister Nirmala Sitharaman tabled the Economic Survey 2023-24 in the Parliament on Monday. Here are the key highlights of the Survey.
Union Budget 2024: The first full budget of the BJP-led NDA government in its third successive term will be presented by Finance Minister Nirmala Sitharaman on July 23. Stay tuned to the India TV news channel for Nirmala Sitharaman's budget speech.
Parliament Monsoon Session 2024: Nirmala Sitharaman tabled the economic survey in Lok Sabha today. Union Budget will be presented in the House tomorrow.
The Halwa ceremony at North Block marked the final stages of preparing Budget 2024-25, attended by Finance Minister Nirmala Sitharaman and other officials. This traditional event symbolizes the commencement of a lockdown within the finance ministry until the budget's parliamentary presentation.
Insurers are calling for increased tax benefits for health insurance, relaxed payment norms for MSMEs, and incentives for the agri-tech sector in the upcoming Union Budget 2024-25. FM Nirmala Sitharaman is set to present the budget on July 23, which will outline the new government's economic agenda.
In the upcoming 2024–25 budget, the NDA government is considering a significant pension reform for central government employees, potentially offering 50% of the last drawn salary as a pension under the NPS.
Rajasthan's 2024-25 budget, presented by Deputy Chief Minister Diya Kumari, introduces major initiatives including the construction of nine greenfield expressways, a significant allocation for health, and the launch of the Amrut 2.0 scheme for urban infrastructure.
The Budget will be the first significant economic document of the Modi 3.0 government, expected to outline key reforms and strategies to propel India towards becoming a developed nation by 2047. President Murmu has indicated that the Budget will feature historic steps to accelerate reforms.
The industry has urged the Finance Minister to reduce corporate taxes, phase out tax exemptions, and broaden the tax base to promote economic growth.
Union Parliamentary Affairs Kiren Rijiju informed that the Union Budget (2024-25) will be presented in Lok Sabha on 23 July, 2024.
The minister announced plans to recruit candidates to fill 70,000 vacant posts, a move intended to stimulate employment opportunities and address workforce needs in different sectors.
The equity support was intended to aid the Indian Oil Corporation, Bharat Petroleum Corporation, and Hindustan Petroleum Corporation in their energy transition projects.
The minister mentioned the government's commitment to the 'Panchamrit' goals and highlighted measures to achieve sustainable and resource-efficient economic growth.
The finance minister proposed to retain the same direct and indirect tax rates, including import duties.
The schemes aim to support slum dwellers and individuals living on rent, enabling them to purchase or construct their own houses.
The government allocates Rs 1 lakh crore to support young entrepreneurs, offering long-term financing with low or zero interest rates and emphasises empowering MSMEs and advancing deep-tech for defence in the Interim Budget.
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