Thu, Feb 01, 2024
Their empowerment and wellbeing will drive the country forward," the finance minister said in her pre-election budget.
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Wed, Jan 31, 2024
Budget 2024: Union Finance Minister Nirmala Sitharaman is poised to make history by presenting her sixth consecutive budget on February 1, equalling the record set by former Prime Minister Morarji Desai. Since July 2019, Sitharaman has presented five full budgets, making her the first full-time woman finance minister of India.
Tue, Jan 30, 2024
Budget 2024: Manguirish Pai Raiker, Chairman of ASSOCHAM's National Council for MSMEs, anticipates government initiatives focusing on health and education in the upcoming interim budget. He highlights the government's efforts to enhance business growth, promote spiritual tourism, and attract investments in India.
Wed, Feb 01, 2023
The Finance Minister said that this year’s budget is ambitious and focused on inclusivity, where the fruits of development would reach all the citizens, such as farmers, women, children, Scheduled Caste, Scheduled Tribe, etc.
Union Finance Minister Nirmala Sitharaman today presented the last full-fledged Union Budget of the Modi government before the 2024 Lok Sabha elections. Sitharaman's budget speech outlined which items would be cheaper and which would be more expensive.
What did the common man get from the budget? How much will taxpayers benefit from the new budget? How much boost will the economy get due to increase in Capital Expenditure? Watch 360 degree analysis of the budget with Deepak Dobhal.
What did the market get from the budget? Which sector's demand remained unfulfilled? Which sector got what in the budget? Understand budget 2023 in the easiest language, Watch 360 degree analysis of budget with Anil Singhvi and top market experts.
Gold import duty reduced from 12.5% to 10%. Whereas, Silver import duty increased from 10.75% to 15%.How was the Union Budget 2023 for the Bullion Market? Watch the full analysis in this video.
The Budget 2023-24 proposed to introduce two new provisions for TDS on online gaming -- levy of 30 per cent on payment of net winnings in a financial year and removal of the current Rs 10,000 threshold for the levy of TDS.
An analyst said that India still has quite low insurance penetration and there is a need to provide measures and incentives to boost that in the coming years.
IFSCA was established in April last year under the International Financial Services Centres Authority Act, 2019. It is headquartered at GIFT City, Gandhinagar.
Budget 2023: The health sector has been allocated Rs 89,155 crore in the Union Budget 2023-24, a hike of around 13 per cent over Rs 79,145 crore allocated in 2022-23, with the government also announcing a mission to eliminate sickle cell anaemia by 2047.
Budget 2023: The highest surcharge rate of 37 per cent, which was applicable on those individuals with income above Rs 5 crore, has been brought down to 25 per cent.
Budget 2023: In a year when the Indian athletes will compete at the Asian Games and prepare for 2024 Paris Olympics, the Sports Ministry has got a fillip with the government allocating Rs 3,397.32 crore.
In 2022-23, the total allocation was initially at Rs 733.02 crore, and the same was sharply revised to Rs 630.36 crore, according to the Union Budget 2023-24 presented in Parliament on Wednesday.
According to Zee Business research, in the last eight years, the market has ended the Budget day in the red only on two occasions: in 2020 and in 2016.
Women in Budget 2023-24: The budget allocated to the Women and Child Development Ministry, the nodal department of the government for the welfare of women and children, stood at Rs 25,448.75 crore in 2023-24.
Total allocation includes Rs 97,579.05 crore for the Department of Telecom and Rs 25,814 crore for Postal projects, the Budget document presented by Finance Minister Nirmala Sitharaman said on Wednesday.
In her Budget speech, she said states will be encouraged to set up physical libraries for them at panchayat and ward levels and provide infrastructure for accessing the National Digital Library resources.
Historically, the ITC stock is known to stage bigger moves on the Budget day in anticipation of tax changes for a segment that only forms a part of its business.
Budget 2023: The government said there won't be any capital gain tax if physical gold is converted to an Electronic Gold Receipt (EGR) and vice versa on Wednesday.
Sudhir Pai, CEO Magicbricks said that the Union Budget 2023 is a bonanza for affordable housing and provides the much-needed impetus towards the vision of ‘Housing for all’
Given that India is expected to be one of the world's fastest growing economies in the coming fiscal year, the budget has placed a strong emphasis on inward investment.
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