economy-budget

Budget 2024: DSP’s Anil Ghelani says banking and IT sectors may get boost from FM Sithraman’s announcements. Here is why

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Budget 2024: DSP’s Anil Ghelani says banking and IT sectors may get boost from FM Sithraman’s announcements. Here is why

Union Budget 2024: Finance Minister Nirmala Sitharaman will present the Union Budget 2024 in Parliament on July 23. The full-year Budget will follow an Interim Budget presented in February due to general elections. Anil Ghelani, Head of Passive Investments and Products at DSP Mutual Fund, believes that the government will focus on executing projects rather … Read more

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

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

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

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

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

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

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

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

Can Budget 2024 pave the way for easier MSME loans?

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Can Budget 2024 pave the way for easier MSME loans?

The country is abuzz with expectations for Budget 2024, eagerly awaiting Finance Minister Nirmala Sitharaman’s presentation on July 23rd. Ahead of Budget 2024, there is a strong consensus among MSME stakeholders for significant reforms. Key expectations include increasing the credit guarantee fund for MSMEs.There is also a push for interest subvention schemes to lower borrowing … Read more

Budget 2024: Finance Minister Nirmala Sitharaman closes budget consultations, FY2025 budget to be presented on July 23

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Budget 2024: Finance Minister Nirmala Sitharaman closes budget consultations, FY2025 budget to be presented on July 23

Finance Minister Nirmala Sitharaman has concluded consultations with various stakeholders, including representatives of industry and social sectors, as part of the budget preparation exercise. Sitharaman will present her seventh Budget on July 23. This would be the first full budget of Modi 3.0 which is going to set the path for Vikshit Bharat (developed India) … Read more

Budget 2024 | Incentives for start-ups, ONDC expansion: What Paytm’s Vijay Shekhar Sharma expects from Union Budget

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Budget 2024 | Incentives for start-ups, ONDC expansion: What Paytm's Vijay Shekhar Sharma expects from Union Budget

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

Budget 2024: Agri sector bats for exports worth $100 billion, long-term farmer credit; 5 key expectations

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Budget 2024: Agri sector bats for exports worth $100 billion, long-term farmer credit; 5 key expectations

Among the key sectors, India’s agriculture sector is expected to grow at a rate of six per cent in the current fiscal 2024-25 (FY25). Experts say that the farm and agri sector has grappled with strenuous challenges such as drought, adverse weather conditions, the impact of climate change, and inflationary pressures. Also Read: Russia’s crude … Read more

Budget 2024: Motilal Oswal expects fiscal deficit target may be lowered to 5% for FY25, spending could be hiked

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Budget 2024: Motilal Oswal expects fiscal deficit target may be lowered to 5% for FY25, spending could be hiked

Even though collation politics may make it challenging to pass legislation on the more ambitious parts of the government reform agenda in areas like agriculture, land, labour, and judicial, experts believe that no substantial policy changes could be proposed during the Budget. “We strongly believe (and hope) that there will not be substantial changes in … Read more

Budget 2024: A look at what corporate India expects from FM Nirmala Sitharaman — tax relief, higher capex & more

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Budget 2024: A look at what corporate India expects from FM Nirmala Sitharaman — tax relief, higher capex & more

Union Budget 2024: Industry leaders requested a host of considerations in the upcoming full Union Budget 2024 during their pre-Budget meeting with Finance Minister Nirmala Sitharaman on June 20. Expectations listed by India Inc. during the two-hour interaction include a reduction in the income tax burden for the common man, an increase in capital expenditure, … Read more