Budget gives big push to fisheries sector with 54 per cent hike in outlay
New Delhi, July 23 - The Union Budget 2024-25, presented by Finance Minister Nirmala Sitharaman in the Parliament on Tuesday, has hiked the allocation for the Department of Fisheries by 54 per cent to Rs 2,616.44 crore from Rs 1,701 crore (Revised Estimates)
Experts clarify new capital gains tax regime for realty sector
New Delhi, July 23 - Amid the confusion over the government eliminating the indexation benefit on calculating long-term capital gains tax (LTCG) on property which led to real estate stocks nosediving, some experts tried to assuage people, saying even in property, new tax
Budget reflects PM Modi’s vision for India’s growth: MP Finance Minister
Bhopal, July 23 - Madhya Pradesh Finance Minister Jagdish Devda on Tuesday said the comprehensive annual Budget presented on Tuesday showed Prime Minister Narendra Modi government’s vision for the country.
Budget spurs India’s efforts to break China’s dominance in critical minerals
New Delhi, July 23 - Union Finance Minister Nirmala Sitharaman, presenting the Budget 2024-25 on Tuesday, announced the setting up of a Critical Mineral Mission for domestic production, recycling of critical minerals, and overseas acquisition of critical mineral assets.
This Budget key to make India a developed nation: Haryana CM
Gurugram, July 23 - Haryana Chief Minister Nayab Singh Saini on Tuesday said that the first full Budget of the NDA government under the leadership of Prime Minister Narendra Modi aims to fulfil the hopes and aspirations of the poor, women, farmers, and
Budget 2024: Good at macro level but fails to address concerns of middle-class
New Delhi: Finance Minister Nirmala Sitharaman presented the first budget of Modi 3.0 and middle-class taxpayers were expecting some tax cuts.
Budget: Leading tea body welcomes scheme for welfare of tea workers
Guwahati, July 23 - The Tea Association of India (TAI), the largest tea industry body in India, on Tuesday welcomed the scheme “Pradhan Mantri Cha Shramik Protsahan Yojana'' (PMCSPY)”, announced in the Central budget 2024-25 devised for the welfare of tea workers especially
Budget neglects women, poor & farmers: Punjab Finance Minister
Chandigarh, July 23 - Punjab Finance Minister Harpal Singh Cheema on Tuesday criticised the Union Budget for 2024-25, presented by Finance Minister Nirmala Sitharaman, for neglecting the concerns of the women, poor, and farmers.
Budget aims to translate vision of empowering J&K’s society: L-G
Srinagar, July 23 - J&K Lt Governor (L-G) Manoj Sinha said on Tuesday that the Union Budget has focused on productivity and resilience in agriculture which will greatly benefit the UT.
Realty sector hails Union Budget, calls it vibrant & visionary
Mumbai, July 23 - The Indian realty sector has largely given a thumbs up to the Union Budget 2024-2025 presented in the Parliament on Tuesday by Finance Minister Nirmala Sitharaman, terming it visionary and vibrant which will sustain India’s growth story over the
Govt needs to consider GST exemption for all cancer drugs, says Kiran Mazumdar Shaw
Bengaluru, July 23 - Biocon and Biocon Biologics Chairperson Kiran Mazumdar Shaw, welcoming the removal of Customs duty on three cancer drugs in the Union Budget 2024-25, on Tuesday said the government needs to consider GST exemption for all cancer drugs.
Rs 7545 cr allocated to Maha, Oppn reacted without reading Budget: Dy CM
Mumbai, July 23 - Maharashtra Deputy Chief Minister Devendra Fadnavis on Tuesday said that the state’s opposition has reacted to the Budget without reading it.
Budget in line with our quest for sustainable inclusive growth: FICCI Raj State Council
Jaipur, July 23 - The Union budget sets up the roadmap for nine priority areas for Viksit Bharat.
Budget will steer India towards sustainable path: Experts
New Delhi, July 23 - The Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman on Tuesday included several key initiatives like energy transition pathways, climate finance, improving water resources management, and measures related to irrigation and flood management that will boost India's
FICCI-NEAC says budget announcements will boost linkages of NE with rest of India
Guwahati, July 23 - Leading industry body FICCI North East Advisory Council (NEAC) on Tuesday hailed the Union budget saying that it has taken positive steps towards the holistic development of the northeastern states.
Budget to create opportunities, unlock multipliers for economy: BSE MD and CEO
New Delhi, July 23 - Sundararaman Ramamurthy, the Managing Director and Chief Executive Officer (CEO) of the Bombay Stock Exchange (BSE) lauded the Union Budget and its nine priorities for thrust on the middle-class and inclusiveness of all segments including poor, youth, women
Centre has earmarked substantial funds for TN: BJP
Chennai, July 23 - Tamil Nadu BJP Spokesperson A.N.S. Prasad on Tuesday said that Prime Minister Narendra Modi-led Central government has unveiled a visionary Budget and earmarked substantial funds for the comprehensive development of Tamil Nadu.
Here’s how new capital gain proposal helps investors save tax
New Delhi, July 24 - The proposal to remove indexation benefit in the long-term capital gain calculation in the Union Budget 2024-25 will ultimately be beneficial to investors, the Centre has said
Vietnam’s e-commerce boasts highest annual growth in ASEAN
Hanoi, July 24 - Vietnam's e-commerce market has boasted an average annual growth rate of 16-30 per cent over the past four years, the highest in the Association of Southeast Asian Nations (ASEAN) region, local media VOV reported.
Budget heralds big bang tax reforms, simplifies long term capital gains: Experts
New Delhi, July 24 - The Union Budget under Prime Minister Narendra Modi 3.0 contains some big bang tax reforms and the government is sticking to its path of simplifying and streamlining the entire tax regime, experts said on Wednesday.