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Budget 2024

Budget 2024: Double PM Mudra loan threshold of Rs 20 lakh a reality now

Budget 2024: Double PM Mudra loan threshold of Rs 20 lakh a reality now

Fri, Oct 25, 2024

A limit applicable to loans for SMEs under the 'Tarun' category of the PM Mudra scheme has been doubled to Rs 20 lakh. The decision was announced by the finance minister in her Union Budget 2024 speech on July 23. Under Pradhan Mantri Mudra Yojana, the higher limit of Rs 20 lakh under the Tarun Plus category will be provided to entrepreneurs who have already serviced their loans under the Tarun category earlier, according to a Ministry of Finance notification. Here are 10 things to know about this big development.

Narendra Modi 3.0 government to borrow 47% of FY25 target in October-March, stays on path laid out in Budget 2024

Narendra Modi 3.0 government to borrow 47% of FY25 target in October-March, stays on path laid out in Budget 2024

Thu, Sep 26, 2024

The central government has announced it will borrow Rs 6.61 lakh crore from October to March, which translates to 47.2 per cent of its total borrowing target for FY25 as set in the Union Budget. These borrowings will be done through dated securities, and the program has been finalised in consultation with the RBI.

SME Express: Post-Budget Trends in the MSME Sector: Impact on Tirupur and Ludhiana?

SME Express: Post-Budget Trends in the MSME Sector: Impact on Tirupur and Ludhiana?

Wed, Aug 07, 2024

Changing trends in MSME sector after the budget? What will be the impact of the budget in Tirupur-Ludhiana? How much support from Credit Guarantee Scheme? Will expansion of SIDBI be helpful? Will there be changes from skilling ecosystem? What are the possibilities for entrepreneurs from e-commerce? Discussion with industry on MSME sector. See...'SME Express'

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Budget 2024: TDS rate on e-commerce reduced to 0.1%, Income Tax law will be reviewed in 6 months

Budget 2024: TDS rate on e-commerce reduced to 0.1%, Income Tax law will be reviewed in 6 months

Tue, Jul 23, 2024

Budget speech of Finance Minister Nirmala Sitharaman. TDS rate on e-commerce reduced to 0.1%. Income tax law will be reviewed in 6 months.

Budget 2024: What's cheaper and what's costlier - Prices of gold, phones to go down | Check full list here

Budget 2024: What's cheaper and what's costlier - Prices of gold, phones to go down | Check full list here

Tue, Jul 23, 2024

Budget 2024: What's cheaper and what's costlier: The Finance Minister announced a reduction of customs duty on mobile phones and mobile chargers to 15 per cent.

Budget 2024: Key highlights and allocations in the education sector

Budget 2024: Key highlights and allocations in the education sector

Tue, Jul 23, 2024

The Education budget 2024-25 highlights the government policy continuation from the interim budget and underscores the government's focus on creating opportunities for all through education, employment, and skilling.

Good news for phone buyers! Government reduces custom duty on mobile phones

Good news for phone buyers! Government reduces custom duty on mobile phones

Tue, Jul 23, 2024

Union Budget 2024: Moreover, the government also made a provision for the exemption of customs duty on 25 critical minerals including lithium, copper, cobalt, and rare-earth minerals.

Budget 2024: New tax slab announced in the new tax regime, standard deduction limit increased from ₹ 50,000 to ₹ 75,000

Budget 2024: New tax slab announced in the new tax regime, standard deduction limit increased from ₹ 50,000 to ₹ 75,000

Tue, Jul 23, 2024

Budget speech of Finance Minister Nirmala Sitharaman. Standard deduction limit increased from ₹50,000 to ₹75,000. Announcement of new tax slab in the new tax regime. No tax up to ₹3 Lk in the new tax regime. 5% tax on income of ₹3-7 Lk in the new tax regime. In the new tax regime, 10% tax on income up to ₹7-10 Lk.

Budget 2024: Finance Minister announces direct transfer of Rs 15,000 to EPFO accounts for first-time job seekers

Budget 2024: Finance Minister announces direct transfer of Rs 15,000 to EPFO accounts for first-time job seekers

Tue, Jul 23, 2024

Union Budget 2024: The first full budget of the Modi 3.0 government under PM Modi's leadership was presented in Parliament today. Finance Minister Nirmala Sitharaman announced several significant measures for various sectors and demographics. A major highlight was a new initiative for the youth.

Budget 2024: Rs 3-7 lakh, Rs 7-10 lakh, and Rs 10-12 lakh slabs introduced in new regime; compare proposed changes with existing rates here

Budget 2024: Rs 3-7 lakh, Rs 7-10 lakh, and Rs 10-12 lakh slabs introduced in new regime; compare proposed changes with existing rates here

Tue, Jul 23, 2024

New Income Tax Slabs News: What has really happened to the income tax slabs in the new income tax regime? A closer look at the income tax proposals in Finance Minister Nirmala Sitharaman's historic Budget on July 23, 2024, keeps the first tax slab of income up to Rs 3 lakh, and the highest slabs of incomes of Rs 12,00,001-Rs 15,00,000 and above Rs 15 lakh unchanged. So what has changed? The finance minister has raised the upper end of the Rs 3,00,001-6,00,000 slab by Rs 1 lakh, widened the Rs 6,00,001-9,00,000 slab by Rs 1 lakh each from both ends, and raised the lower end of the Rs 9,00,001-12,00,000 slab by Rs 1 lakh. Still confused? Read more to understand.

Budget 2024: Government cuts customs duty on gold, silver, and others

Budget 2024: Government cuts customs duty on gold, silver, and others

Tue, Jul 23, 2024

Budget 2024: Finance Minister Nirmala Sitharaman on Tuesday proposed reduction in basic customs duty on gold and silver to 6 per cent and platinum to 6.4 per cent. In her budget speech in Lok Sabha, she also proposed reduction of basic customs duty on mobile phones, mobile charger to 15 per cent.

Budget 2024: Critical Mineral Mission plan announced in the budget

Budget 2024: Critical Mineral Mission plan announced in the budget

Tue, Jul 23, 2024

Budget speech of Finance Minister Nirmala Sitharaman. Government plans to auction offshore mining blocks. Announcement of plan for Critical Mineral Mission. Properties abroad will be purchased under the Critical Mineral Mission. Digital public infrastructure applications will be developed. More tribunals will be opened for debt recovery. More NCLT tribunals will be opened under IBC.

Union Budget 2024: Standard deduction limit increased from Rs 50,000 to Rs 75,000 in new tax regime; 3 new slabs introduced in new regime

Union Budget 2024: Standard deduction limit increased from Rs 50,000 to Rs 75,000 in new tax regime; 3 new slabs introduced in new regime

Tue, Jul 23, 2024

Standard Deduction Limit and New Tax Slabs: In her Budget 2024 speech on Tuesday (July 23, 2024), finance minister Nirmala Sitharaman increased the standard deduction limit from Rs 50,000 to Rs 75,000 in the new tax regime. She also introduced three new tax slabs in the new regime. The government hasn't made any changes in the old tax regime.

Budget 2024: 1 Cr youth will get internship in top 500 companies in 5 years

Budget 2024: 1 Cr youth will get internship in top 500 companies in 5 years

Tue, Jul 23, 2024

Budget speech of Finance Minister Nirmala Sitharaman. E-commerce export hub will be created in collaboration with the private sector. Will bring a comprehensive plan for internship of youth. Internship to 1 Cr youth in top 500 companies in 5 years. Dormitories will be built for industrial workers.

Budget 2024: FY25 fiscal deficit pegged at 4.9% vs 5.1% in Interim Budget

Budget 2024: FY25 fiscal deficit pegged at 4.9% vs 5.1% in Interim Budget

Tue, Jul 23, 2024

Budget 2024: Finance Minister Nirmala Sitharaman's seventh Budget, presented in Parliament on July 23, pegged fiscal deficit at 4.9 per cent in the current financial year.

Budget 2024: 3 Cr new houses announced under PM Awas Yojana in the budget, loans up to ₹ 100 Cr will be available from MSME Guarantee Scheme.

Budget 2024: 3 Cr new houses announced under PM Awas Yojana in the budget, loans up to ₹ 100 Cr will be available from MSME Guarantee Scheme.

Tue, Jul 23, 2024

Budget speech of Finance Minister Nirmala Sitharaman. Announcement of 3 Cr new houses under PM Awas Yojana. Approval of ₹2.66 Lk Cr for rural development, infra. Announcement of financing, regulatory changes to help MSMEs. Announcement of credit guarantee scheme for MSMEs in manufacturing. Loans up to ₹100 Cr will be available under MSME Guarantee Scheme. SIDBI will increase branches to help MSMEs.

Budget 2024: Government to come out with document on energy transition pathway says Finance minister Sitharaman

Budget 2024: Government to come out with document on energy transition pathway says Finance minister Sitharaman

Tue, Jul 23, 2024

A policy to support pump storage projects will be brought to provide round-the-clock energy, she said while presenting Budget for 2024-25 in the Lok Sabha.

Budget 2024: Financial assistance of ₹ 15,000 Cr announced for Andhra Pradesh in the budget

Budget 2024: Financial assistance of ₹ 15,000 Cr announced for Andhra Pradesh in the budget

Tue, Jul 23, 2024

Budget speech of Finance Minister Nirmala Sitharaman. Announcement of financial assistance of ₹15,000 Cr for Andhra Pradesh. Announcement of additional financial assistance for Polavaram project.

Budget 2024: 9 principles for Viksit Bharat in Modi 3.0's first budget

Budget 2024: 9 principles for Viksit Bharat in Modi 3.0's first budget

Tue, Jul 23, 2024

Budget 2024: Finance Minister Nirmala Sitharaman is presenting the general budget for 2024-25. In this first budget of Modi 3.0, she outlines 9 key principles for a developed India.

Budget 2024: ₹ 10 Lk loan scheme announced in the budget for higher education in the country

Budget 2024: ₹ 10 Lk loan scheme announced in the budget for higher education in the country

Tue, Jul 23, 2024

Budget speech of Finance Minister Nirmala Sitharaman. The government will bring 3 incentive schemes for providing employment. 20 lakh youth will be given training for employment. Announcement of loan scheme of ₹ 10 Lk for higher education in the country itself. Working hostels will be built for women.

Budget 2024: Government to set up working women hostels, says FM Nirmala Sitharaman

Budget 2024: Government to set up working women hostels, says FM Nirmala Sitharaman

Tue, Jul 23, 2024

Budget 2024: The government will set up working women hostels to promote the participation of women in the workforce, Finance Minister Nirmala Sitharaman said while presenting the Budget in the Lok Sabha on Tuesday.

Budget 2024: Centre to set up 100 branches of India Post Payments Bank in North East

Budget 2024: Centre to set up 100 branches of India Post Payments Bank in North East

Tue, Jul 23, 2024

Budget 2024: The government on Tuesday announced that it will set up as many as 100 branches of India Post Payments Bank (IPPB) in Northeastern states of the country.

Budget 2024: Finance Minister Nirmala Sitharaman's budget speech, will take measures to increase productivity in farming

Budget 2024: Finance Minister Nirmala Sitharaman's budget speech, will take measures to increase productivity in farming

Tue, Jul 23, 2024

Budget speech of Finance Minister Nirmala Sitharaman. Measures will be taken to increase productivity in farming. Higher yielding varieties will be brought. 109 varieties of 32 crops will be brought. Financial assistance will be given to increase shrimp production.

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