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.
Union Budget 2024-25 earmarks Rs 4,883 crore as aid to neighbouring countries
New Delhi, July 23 - India has allocated Rs 4,883 crore as aid to foreign countries in the Union budget tabled by Finance Minister Nirmala Sitharaman in Parliament on Tuesday.
MP gave 29 LS seats to BJP but got nothing in Budget: Congress
Bhopal, July 23 - Madhya Pradesh Congress Chief Jitendra Patwari on Tuesday criticised the BJP and Prime Minister Narendra Modi, saying that the state gave all its 29 seats to the party but in return, they have failed its people.
Deadline to avail Centre’s EV promotion scheme ends July 31
New Delhi, July 23 - The government on Tuesday said the last date of its Electric Mobility Promotion Scheme (EMPS) 2024, which aims to provide further impetus to the green mobility and development of electric vehicle (EV) manufacturing ecosystem in the country, is
This Budget is an attempt to save NDA govt: Shivakumar
Bengaluru, July 23 - Karnataka Deputy Chief Minister D.K. Shivakumar on Tuesday said that the Budget presented by the Union Finance Minister Nirmala Sitharaman is an attempt to ‘save’ the NDA government.
Centre’s focus on developing key spiritual landmarks a commendable move: Experts
New Delhi, July 23 - The government’s focus on the development of notable spiritual landmarks in the Union Budget 2024-25 is a commendable move, said experts on Tuesday.