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.
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Tue, Aug 06, 2024
Finance Bill 2024 Proposed Amendments: The central government has proposed amendments to the Finance Bill 2024 that offer taxpayers a choice for calculating taxes on real estate transactions. Under the new rules, individuals and Hindu Undivided Families (HUFs) who bought residential property before July 23 can choose between two tax options: 12.5 per cent without indexation (new tax regime) or 20 per cent with indexation (old regime). These changes will provide significant relief to taxpayers liable for long-term capital gains tax (LTCG) on land or buildings. Read on to know more.
Tue, Jul 30, 2024
Finance Minister's reply in Parliament on Budget 2024... She said, 'Budget to build stability... Developed India will be built by 2047'
Mon, Jan 29, 2024
Union Budget 2024 Expectations Latest News, Budget Expectation: As the country keenly awaits Finance Minister Nirmala Sitharaman's sixth Union Budget, scheduled to be tabled in Parliament on February 1, expectations are rife, once again, that the annual event may spell good news for everyone. Catch all the latest updates on what industries, experts, analysts, economists, and investors want from the Interim Budget 2024.
Nirmala Sitharaman will present the budget on February 1, and this will be the last budget of the Modi 2.0 government.
Sat, Jan 27, 2024
Experts also demand parity in taxation among companies, partnerships and limited liability partnerships.
India may peg its gross market borrowing for next fiscal year at between Rs 15 lakh crore ($180.47 billion) and Rs 15.5 lakh crore, when Finance Minister Nirmala Sitharaman presents the Union Budget on February 1, news agency Reuters reported citing two officials aware of the development.
Fri, Jan 26, 2024
Budget 2024: Grant Thornton Bharat’s Dr Abhinav Akhilesh discusses the need for increased budget allocation to rural healthcare, medical colleges, and wellness initiatives. He also provides insights on Ayushman Bharat, rural healthcare challenges, and the importance of R&D funding in India.
Thu, Jan 25, 2024
Budget 2024: The customary Halwa ceremony marked the beginning of the final stage of preparation for the Interim Union Budget 2024. Held in North Block on January 24, the ceremony saw participation from Finance Minister Nirmala Sitharaman and Minister of State for Finance Dr. Bhagwat Kisanrao Karad. This signifies the "lock-in" process where budget discussions and finalization take place. Like previous budgets, the 2024 Interim Budget will be paperless and presented on February 1.
Wed, Jan 24, 2024
Budget 2024: For revenue augmentation, CII has advocated the continuation of the simplification and rationalization of taxes. The organization has also proposed signalling the next set of GST reforms, including a three-rate structure and subsuming petroleum, electricity, and real estate.
According to a Finance Ministry statement, all Union Budget documents, including the Annual Financial Statement (commonly known as the Budget), Demand for Grants, Finance Bill, and other documents required by the Constitution, will be available on the "Union Budget Mobile App" for easy access by MPs and the general public.
Fri, Jan 19, 2024
Budget 2024: In an exclusive interview with Zee Business, Sneha Poddar, AVP, Retail Research, Broking, and Distribution at Motilal Oswal Financial Services (MOFSL) shares her expectations from the Union Budget, the market outlook for 2024, and how one should navigate the market in the election year.
Thu, Jan 18, 2024
Budget Aur Bazaar: Government may increase focus on religious tourism in Budget 2024... Opportunities in tours, travels and hotel stocks: Gurmeet Chadha, CIO & Managing Partner, Complete Circle Wealth
Tue, Jan 16, 2024
Ashutosh Taparia, Chief Operating Officer and MD - Corporate Coverage of CredAble says that the upcoming budget serves as a vote of account preceding the Lok Sabha elections in 2024, and the expectations are anchored in anticipation of policy measures and structural reforms aimed at fostering greater financial inclusion.
Mon, Jan 15, 2024
Budget 2024: In an exclusive interview with Zee Business, Chirag Jain - Partner, Agriculture, Grant Thornton Bharat, shares valuable insights on the upcoming Union Budget. Key topics include the focus on agriculture with a Rs 1.25 lakh crore allocation, MSP for specific crops, achieving self-reliance in India-made fertilizers, and targeted areas for government emphasis like crop diversification, input-output ratio, innovation, technology, and processing units. The interview sheds light on addressing the often overlooked role of women in farming through initiatives like the Lakhpati Didi Yojana.
Sun, Jan 14, 2024
Union Budget 2024: It is not uncommon in interim budgets to grant certain benefits to common man, by expanding the slab rates or granting a standard deduction, keeping in view the raising living costs.
The upcoming Union Budget will present an invaluable opportunity to address the evolving needs of the education sector and will provide the country with a peek into what future growth entails.
Union Budget 2024: Industry players urged for a push towards affordable housing while expressing expectations for the budget to potentially address interest rates.
Mon, Jan 08, 2024
Budget 2024: In an exclusive interview with Zee Business, Akhil Chandna - Partner & National Leader, GMS, Grant Thornton Bharat, shares insights on potential tax rebates in the upcoming budget. He highlights past budget incentives like and suggests future changes may focus on the new tax regime. Watch to know tax rebates Chandna believes government should focus on.
Mon, Dec 18, 2023
The inaugural budget was presented on April 7, 1860, courtesy of James Wilson, a Scottish economist associated with the East India Company.
Sun, Dec 17, 2023
Union Budget 2024-2025: NAREDCO said the SWAMIH fund has played a critical role in completing many stuck projects, leading to renewed interest among investors, both foreign and domestic, in the Indian real estate sector.
Fri, Dec 15, 2023
The budget allocates a significant portion for infrastructure and productive capacity, with a 33% increase in capital investment outlay to Rs 10 lakh crore.
Budget 2024: The budget-making process begins in August–September, over six months before the date of presentation.
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