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.
Budget increases expenditure for National Health Mission, proposes digital public infra
New Delhi, July 24 - The Union Budget has increased expenditure for the National Health Mission (NHM) by about Rs 4,000 crore and also proposed digital public infrastructure (DPI) at a population scale.
India the most exciting economic story in world: UKIBC on Union Budget
New Delhi, July 24 - Calling India the most exciting economic story in the world, The UK India Business Council on Wednesday congratulated Finance Minister Nirmala Sitharaman and the government for an emphasis on facilitating foreign investments and commitment towards fiscal stability in
Time to invest in stocks which can deliver superior returns: Experts on LTCG tax
New Delhi, July 24 - Stock market experts on Wednesday said that investors should focus on buying stocks which can deliver superior returns after a marginal increase in long-term capital gains tax (LTCG) on equity becomes a reality.
‘Indexation’ from mutual funds has gone away: Edelweiss’ Radhika Gupta
New Delhi, July 23 - Radhika Gupta, Edelweiss MD and CEO of Edelweiss Asset Management Company (AMC), said on Tuesday that the concept of indexation has gone away from mutual funds (MFs).
Union Budget only for Andhra, Bihar; Maha got nothing, says MVA
Mumbai, July 23 - The Opposition Maha Vikas Aghadi on Tuesday slammed the Union Budget 2024-2025 as “intended only for Andhra Pradesh and Bihar”, “copying many points of the INDIA alliance Lok Sabha manifesto” with “nothing for the farmers.”
Centre again disappointed by ignoring demands of Himachal: CM on Budget
Shimla, July 23 - Himachal Pradesh Chief Minister Sukhvinder Sukhu on Tuesday said the Centre had again disappointed the state by ignoring its long-pending demands and aspirations of the people.
Real estate stocks fall after Finance Minister’s LTCG proposal
New Delhi, July 23 - Real estate stocks fell after Finance Minister Nirmala Sitharaman on Tuesday proposed to eliminate the indexation benefit on calculating long-term capital gains tax (LTCG) on real estate.
Nari Shakti budget aims to empower PM’s vision of developed India: Kumaraswamy
Bengaluru, July 23 - Union Minister for Heavy Industries and Steel, HD Kumaraswamy stated on Tuesday that the 'Nari Shakti’ budget aims to empower Prime Minister Narendra Modi’s vision of a 'Developed India' and significantly benefit women.
Union Budget: Indian startup ecosystem hails angel tax abolition
New Delhi, July 23 - The Indian startup ecosystem on Tuesday hailed the Union Budget 2024 for abolishing angel tax -- the tax imposed on funds raised by startups from angel investors -- for all classes of financiers.
Union Budget: A forward-looking one, centred on continuity in economic policy
New Delhi: The Union Budget 2024-25 is a clear indication that the Modi government would continue to cater to its four core constituencies on a priority basis - women, poor, youth and farmers.