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Union Finance Minister Nirmala Sitharaman presented the Union Budget 2024-25 on July 23, 2024, stressing on her government’s nine priorities. Click here for The Hindu’s live coverage of the Union Budget 2024-25 Ms. Sitharaman said that the Budget will focus on productivity and resilience in agriculture, employment and skilling, inclusive human resource development and social…
A man watches a screen displaying Union Finance Minister Nirmala Sitharaman’s budget speech at a railway station in Mumbai, on July 23, 2024. | Photo Credit: Reuters Union Finance Minister Nirmala Sitharaman presented the Union Budget 2024-25 on July 23, 2024, stressing on her government’s nine priorities. Click here for The Hindu’s live coverage of…
ITC’s stock price opened at Rs 467.05 per share on the Bombay Stock Exchange (BSE) today. New Delhi: The price of cigarettes will remain unchanged after the government announced no hike in the existing tax rates on tobacco products in the 2024 Union Budget. This came as a welcome move by ITC, India’s biggest cigarette…
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His party, the Congress, has termed the Budget “nakalchi (copy-paste)”, and Shashi Tharoor, who once ran for the top job in the party, echoed the sentiment and panned it as an “underwhelming” exercise. However, the Thiruvananthapuram MP found a positive too – the abolition of angel tax. Angel tax refers to the income tax that…
Read More “Shashi Tharoor’s Thumbs Up For This Big Budget Announcement” »
Union Finance Minister Nirmala Sitharaman presents the Union Budget 2024-25 in Lok Sabha, in New Delhi on July 23, 2024. | Photo Credit: PTI In her seventh budget presentation, Finance Minister Nirmala Sitharaman announced allocating Rs 11 lakh, 11 thousand and 111 crore towards capital expenditure. This would account for 3.4% of the GDP. Enumerating…
Image used for representation purpose only. | Photo Credit: Reuters Finance Minister Nirmala Sitharaman, in her Budget speech on July 23, said the fiscal deficit for 2024-25 is estimated at 4.9% of GDP. Presenting the Union Budget for 2024-25, she said the government aims to reach a 4.5% fiscal deficit in 2025-26. Click here for…
Finance Minister Nirmala Sitharaman has changed the income tax slabs for the new tax regime which is likely to benefit taxpayers. Finance Minister Nirmala Sitharaman in her seventh Budget speech on July 23 revised the tax slabs under the new regime. She told the House that as a result of these changes, a salaried employee…
The government will develop a taxonomy for climate finance, Union Finance Minister Nirmala Sitharaman said in her Budget speech, in New Delhi on July 23, 2024. File (representational image) | Photo Credit: AP The government will develop a taxonomy for climate finance to help improve the availability of funds for adapting to climate change and…
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New Delhi: Standard deduction in the new tax regime will be increased from Rs 50,000 to Rs 75,000, Finance Minister Nirmala Sitharaman said Tuesday as she announced the 2024 Union Budget. Ms Sitharaman also announced revisions to tax slabs in the new regime. As a result, the Finance Minister told Parliament, salaried employees can save…
The stock markets are volatile as FM Nirmala Sitharaman presented the Union Budget on July 23. File | Photo Credit: ANI Stock market benchmarks Sensex and Nifty tanked after Finance Minister (FM) Nirmala Sitharaman announced a hike in STT (Securities Transaction Tax) on F&O (Futures and Options) securities. The 30-share BSE Sensex jumped as soon…
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