Nirmala Sitharaman

Modi 3.0: Nirmala Sitharaman to hold pre-budget meeting with industry stakeholders on June 20: Here’s what to expect

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Modi 3.0: Nirmala Sitharaman to hold pre-budget meeting with industry stakeholders on June 20: Here's what to expect

Finance Minister Nirmala Sitharaman is likely to conduct the upcoming pre-budget consultations with industry stakeholders on Thursday, June 20, 2024. The budget for 2024-25 fiscal is likely to be presented in Parliament in the second half of July. Industry sources told news agency PTI that the pre-budget consultation with the finance minister would be preceded … Read more

Union Budget 2024 likely on July 22, Economic Survey on July 3, says report

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Union Budget 2024 likely on July 22, Economic Survey on July 3, says report

Union Budget 2024: The Union Budget 2024 will likely be presented by Finance Minister Nirmala Sitharaman in the Parliament on July 22, News18 reported, citing government sources. The Economic Survey document is likely to be released on July 3, according to the report.  This will be the full Union Budget announcement by the government. An … Read more

Election Results 2024: With BJP likely to fall short of halfway mark, Shankar Sharma predicts LTCG, STCG tax to go down

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Election Results 2024: With BJP likely to fall short of halfway mark, Shankar Sharma predicts LTCG, STCG tax to go down

Ace investor Shankar Sharma, who has been following the trends of the election results, stated on X (formerly Twitter) that one thing was certain: given the current situation, in which PM Modi’s NDA and the INDIA bloc are in a close battle with one another, short-term capital gains tax (STCG) and long-term capital gains tax … Read more

FM Sitharaman refutes reports of income tax changes after Lok Sabha election results

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FM Sitharaman refutes reports of income tax changes after Lok Sabha election results

Finance Minister Nirmala Sitharaman has refuted media reports that said the new government will bring some sweeping changes in the income tax system after the Lok Sabha election results. The finance minister took to social media platform ‘X’ and said, ‘’Wonder where this is come from. Was not even double checked with Finance Ministry. Pure … Read more

Budget 2024 Updates: Nirmala Sitharaman prioritises affordable housing, Green growth, boosts capex

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Budget 2024 Updates: Nirmala Sitharaman prioritises affordable housing, Green growth, boosts capex

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

Budget 2024: Govt to withdraw outstanding disputed tax demand to de-clog recovery

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Budget 2024: Govt to withdraw outstanding disputed tax demand to de-clog recovery

New Delhi: Union finance minister Nirmala Sitharaman on Thursday announced measures to withdraw outstanding disputed tax demands for specific periods, a move she said will benefit 10 million taxpayers by ending disputes going back decades. “In line with our government’s vision to improve ease of living and ease of doing business, I propose to withdraw … Read more

Budget 2024: Centre’s FY25 gross market borrowings pegged at ₹14.13 trillion

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Budget 2024: Centre's FY25 gross market borrowings pegged at ₹14.13 trillion

New Delhi: The central government plans to borrow a gross ₹14.13 trillion from the bond markets in 2024-25 to finance its fiscal deficit, according to the interim budget for FY25 presented in parliament on Thursday. The government, which reiterated its commitment to a continued fiscal consolidation, has set a fiscal deficit target of 5.1% of … Read more

Budget 2024: Focus on rural boost but little for middle class

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Budget 2024: Focus on rural boost but little for middle class

The interim budget laid out several key measures that are likely to assist rural employment and boost farmer income amid a weak demand for packaged goods reported from villages. However, companies said the budget did little to address subdued consumer demand among lower middle income households. Finance minister Nirmala Sitharaman announced in the interim budget … Read more

Budget 2024: Inclusive development, future growth themes of Sitharaman’s speech

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Budget 2024: Inclusive development, future growth themes of Sitharaman’s speech

New Delhi: Inclusive development and the National Democratic Alliance’s (NDA) growth agenda for the future have emerged as the central theme of finance minister Nirmala Sitharaman’s interim budget for FY25. Social justice and inclusive growth will be an effective and necessary governance model for the NDA government, Sitharaman said in her speech, calling it secularism … Read more

Sunshine to startups: money for ideas

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Sunshine to startups: money for ideas

The ₹1 trillion innovation fund announced by finance minister Nirmala Sitharaman in the interim budget on Thursday is expected to give a big boost to local technology development and manufacturing, and help India move beyond providing high-tech services towards development of products, experts said. In her interim budget speech on Thursday, Sitharaman said the fund … Read more