The Union budget 2024-25 was presented in Parliament by a coalition government. While it broadly signals ‘change with continuity’, it has some interesting dimensions beyond the numbers and the fiscal math. For one thing, there are references to reviews of certain key policy frameworks and other initiatives such as on foreign direct investment (FDI) and … Read more
Budget 2024: The Union Budget 2024 placed special emphasis on women-led development schemes. Finance Minister Nirmala Sitharaman announced ₹3 lakh crore allocations for schemes to promote women-led development. The Finance Minister also announced the setting up of working women’s hostels and creches to boost female participation in the workforce. The government has also increased budget … Read more
Budget 2024: Central Board of Direct Taxes (CBDT) chairman Ravi Agrawal has said the comprehensive review of the Income Tax Act, 1961 is an attempt to make the “bulky” law “simpler” for taxpayers. Union Finance Minister Nirmala Sitharaman, while presenting the Union Budget for fiscal year 2024-25 on July 23, announced that the government would … Read more
Finance Minister Nirmala Sitharaman will unveil the Union Budget for the financial year 2024-25 at 11 a.m. on Tuesday. This critical document will outline the government’s revenue and expenditure plans, influencing economic growth and stability across the nation. Understanding the budget’s implications for individuals and businesses alike is essential for informed financial decision-making. Also Read … Read more
Union Budget 2024: Union Finance Minister Nirmala Sitharaman is set to present her seventh consecutive Union Budget on July 23. This Union Budget will be the first full financial budget of Prime Minister Narendra Modi-led National Democratic Alliance (NDA) government in its third successive term. The spotlight of Union Budget 2024-25 would likely be on … Read more
Union Finance Minister Nirmala Sitharaman on Monday, July 22, announced significant reforms to improve the Ease of Doing Business in India, highlighting the decriminalization of 63 offences as a key achievement. While presenting the Economic Survey 2023-24 in the Lok Sabha, Sitharaman emphasized the government’s efforts to simplify regulations and promote a business-friendly environment. Sitharaman … Read more
However, there has been no official announcement regarding the date of the Budget 2024 presentation. Investors and entrepreneurs in the startup sector are anticipating a more favorable business environment with enhanced regulatory and tax measures for startups. Given that most startups are facing challenges in raising capital, the upcoming budget might provide incentives for investors … Read more
The upcoming Union Budget is expected to propose changes in the tax treatment of income from futures and options (F&O) segment with an aim to discourage retail participation in the derivatives trading, a report said. Along with various options, the government is said to consider moving income from F&O trading from the head of ‘business … Read more
The newly elected Finance Minister Nirmala Sitharaman is likely to begin the budget preparation process, highlighting the importance of meticulous planning and comprehensive analysis. The Union Budget is expected to be presented in Parliament by the third week of July, according to a report by ANI. Also read: Union Budget 2024 likely to be tabled … Read more
Budget 2024 Updates: Finance Minister Nirmala Sitharaman delivered her Budget speech, presenting the Interim Budget 2024-25 at Parliament on Thursday, February 1, a day after the commencement of the Budget Session. Applauding the interim budget, PM Modi said investment for capital expenditure was taken to a historic high of ₹11,11,111 crore. Calling India’s capex and … Read more