One 97 Communication also known as Paytm, founder Vijay Shekhar Sharma expects the focus to be on digitisation and start-ups getting support from the upcoming Union Budget 2024, the founder told ANI during an event on Saturday, July 6th. “I want the government to support them (small businesses), give them some incentives or in a … Read more
In anticipation of Budget 2024, experts foresee Lakhpati Didi 2.0 as a potential game-changer for rural women’s economic empowerment. The revised approach aims beyond income targets, focusing on sustainable business models, skill development, and market linkages. Finance Minister Nirmala Sitharaman unveiled the ‘Lakhpati Didi’ scheme during the Interim Budget 2024. The scheme aims to empower … Read more
Dikshit Mittal, a fund manager and senior equity research analyst at LIC Mutual Fund Asset Management, believes the overall market outlook remains positive due to reasonable valuations, broad-based earnings growth, stable macroeconomic conditions, and sustained domestic inflows. In an interview with Mint, Mittal shared his views on what the market expects from the Union Budget … Read more
As the Budget 2024 is around the corner, taxpayers are expecting some major overhaul in the capital gains tax. Thanks to the series of provisions that come into play while computing long term capital gains, investors and taxpayers are hoping for the revision in the legislation so that the confusion around capital gains tax, and … Read more
While unveiling the Interim Budget 2024 on February 1, Sitharaman announced an 11.1 per cent increase in capital expenditure (capex) for fiscal year 2024-25 (FY25), raising the allocation to ₹11.11 lakh crore to develop infrastructure projects. The infra-capex allocation was double the allocation 10 years ago. The key infra sectors including railways, road transport, and … Read more
The hospitality sector should be given the status of an industry in the upcoming Union Budget to accelarate growth, senior executives from the sector told LiveMint. The sector has made “substantial contributions” to the nation’s gross domestic product (GDP), is labour and capital intensive, and brings in foreign exchange revenues, they pointed out. “The industry’s … Read more
Budget 2024: Markets are scaling new highs with the benchmark indices – Sensex and Nifty 50 – rebounding significantly in last couple of weeks, after the volatility related to Lok Sabha poll results 2024 cooled down. Gurpreet Sidana CEO of Religare Broking, in an interview with Mint’s Ujjval Jauhari, said that the uncertainties are behind … Read more
As Union Finance Minister Nirmala Sitharaman is all set to table the Budget 2024-25 in the third week of July, India’s real estate sector hopes for a series of reforms and incentives that can drive growth and address longstanding challenges. Expectations range from increased rebates on home loan interest rates, GST rate reductions, single-window clearance … Read more
As the Union Finance Ministry is gearing up to present the full Union Budget for the fiscal year 2025 in July, several stakeholders have urged Finance Minister Nirmala Sitharaman to provide tax relief for salaried employees. The Union Budget 2024-25 is expected to be presented in Parliament on July 23 or 24. Budget expectations Salaried … Read more
Edited excerpts: What are your key expectations from the Union Budget 2024? Do you expect growth-oriented measures or populist ones? As we approach Budget 2024, we anticipate a continued focus on advancing India’s digital public infrastructure, which is essential for achieving the $5 trillion economy dream. Enhanced government initiatives for financial inclusion, smart cities, AI … Read more