budget 2024 – Page 6

Budget 2024: Fintech industry wants digital public infra investments, UPI fees and more

July 19, 2024 by djsaavn_jvd36z

Mumbai: Financial technology companies have a long list of demands and expectations from the upcoming Union Budget, such as investments in digital public infrastructure, GST exemption for business correspondent (BC) outlets, and a fee structure for UPI payments. “We strongly urge the finance minister to prioritise pivotal solutions such as enhancing digital infrastructure, financial literacy … Read more

Budget 2024: 48% households face declining income and savings, reveals survey; hopes pinned on income tax relief

July 19, 2024 by djsaavn_jvd36z

India’s 48 per cent of households expect a reduction in their household annual earnings and savings for the financial year 2024-2025 in comparison to the previous year, according to a survey conducted by LocalCircles, a research agency. The survey was conducted with a sample size of 21,000 respondents from 327 districts in India. The cluster … Read more

Mohandas Pai advocates for India’s ‘unhappy’ middle class, flags ’tax terrorism’ ahead of Budget 2024

July 18, 2024 by djsaavn_jvd36z

Budget 2024: Days ahead of the upcoming Modi 3.0 government’s first Union Budget of 2024, Mohandas Pai, the chairman of Aarin Capital in an exclusive interview with Mint talked about the nation’s middle-class residents becoming unhappy in life paying the majority of taxes in the world’s most populous nation. “The middle class all over the … Read more

Indradeep Ghosh: Fresh credit decisioning ideas needed for final push towards financial inclusion

July 17, 2024 by djsaavn_jvd36z

However, in the non-credit domains, such as health insurance, investment products or retirement products, the inclusion record has been far less cheerful—indeed, it has barely even started. There is a story to be told about why the discrepancy is so stark between credit and every other kind of financial product. And, even within credit, there … Read more

Budget 2024: How to pack for the journey to Viksit Bharat in 2047

July 17, 2024 by djsaavn_jvd36z

This article focuses specifically on the Budget and what signals it could send. First, I suggest some standard macroeconomic tests which the budget must pass. I then turn to some areas where a new approach is needed and which are more controversial. Basic macroeconomics Viksit Bharat, understood as reaching developed country status, requires 8%-plus growth … Read more

Budget 2024: Govt may increase Rashtriya Krishi Vikas Yojana outlay by 10% to ₹8,308 crore

July 16, 2024 by djsaavn_jvd36z

New Delhi: The union government may increase the outlay for the Rashtriya Krishi Vikas Yojana (RKVY) for FY25 by about 10% to ₹8,308.3 crore in the upcoming budget, two people aware of the development said. The RKVY scheme was launched under the department of agriculture and cooperation (DAC) of the agriculture ministry in 2007 and … Read more

Budget 2024 Expectations Live Updates: Experts anticipate key policy shifts across real estate, finance; more

July 16, 2024 by djsaavn_jvd36z

Budget 2024 Expectations Live Updates: As the Union Budget 2024 approaches, various sectors are abuzz with expectations for significant policy shifts and financial allocations. The real estate industry hopes for renewed tax reliefs and infrastructure investments, while the financial sector looks forward to grants for Bank Mitras. Environmental sustainability advocates urge for substantial funding to … Read more

Budget 2024 expectations: From tax cuts to rural sops- 5 top brokerages share what the Union Budget could reveal

July 15, 2024 by djsaavn_jvd36z

Union Finance Minister Nirmala Sitharaman will present the Budget 2024 on Tuesday, July 23, amid high hopes for a pro-growth Budget, which may also include populist measures aimed at boosting consumption and the rural sector economy. Experts are largely convinced that the government will not shift its focus away from fiscal consolidation. Moreover, it may … Read more

Budget 2024 Expectations Live Updates: Aviation sector expert reflects on Budget 2024’s impact

July 15, 2024 by djsaavn_jvd36z

Budget 2024 Expectations Live Updates: As anticipation builds, various sectors are expressing their expectations and demands for this significant Budget, which President Murmu has described as potentially “historic.” Stay tuned to Livemint for comprehensive live coverage of all Budget-related news. 15 Jul 2024, 11:10:13 AM IST India Must Address IQ Gap to Achieve ‘Viksit Bharat,’ … Read more

Income tax Budget 2024 expectations: 5 things salaried taxpayers want from FM Nirmala Sitharaman on July 23

July 14, 2024 by djsaavn_jvd36z

Budget 2024: The salaried class has high expectations for the upcoming budget as there was not much relief for the taxpayers in the interim budget of 2024. Anticipating Budget 2024, substantial tax reforms are expected to provide relief and boost savings for taxpayers, especially the middle class. Personal Finance Experts suggest potential changes such as … Read more