Budget focuses on fostering stable & mature equity investment environment
New Delhi, July 23 - In a bid to foster a more stable and mature investment environment, the government on Tuesday announced an increase in security transactions tax (STT) on futures and options trading, which is in line with the suggestions made by
Glad to know FM has read Congress manifesto, says Chidambaram
New Delhi, July 23 - After Union Finance Minister Nirmala Sitharaman introduced many schemes while presenting the Budget on Tuesday, former Finance Minister P. Chidambaram said that he is glad to know that the Finance Minister has read the Congress manifesto of 2024
Launch of NPS Vatsalya: PM Modi hailed for securing financial future of young citizens
New Delhi, July 23 - Finance Minister Nirmala Sitharaman on Tuesday announced that a New Pension Scheme (NPS) 'Vatsalya', a plan for contribution by parents and guardians for minors, will soon be launched by the government.
Budget 2024: Rs 1,000 crore VC fund to take Indian space startups to a higher orbit
Chennai, July 23 - In order to take the Indian space sectors to a higher orbit, Union Finance Minister Nirmala Sitharaman on Tuesday said the government will set up a Rs 1,000 crore venture capital (VC) fund.
Union Budget: Health experts hail Centre’s move to exempt customs duty on cancer drugs
New Delhi, July 23 - Calling it a welcome step, oncologists on Tuesday hailed the Central government’s move to exempt customs duty on three more cancer drugs.
Assessments to be reopened beyond 3 years only if escaped income is more than Rs 50 lakh
New Delhi, July 23 - The Union Budget for 2024-25 has proposed provisions to simplify the provisions for reopening and reassessment.
SC delivers split verdict on release of GM mustard
New Delhi, July 23 - The Supreme Court on Tuesday delivered a split verdict on a batch of pleas opposing the release of Genetically Modified Organisms (GMOs) into the environment, unless a robust regulatory system is put in place by the government.
Centre cuts customs duty on mobile phones, components to 15 pc; industry upbeat
New Delhi, July 23 - The government on Tuesday announced to reduce the basic customs duty (BCD) on mobile phones, printed circuit board assembly (PCBA) and mobile chargers to 15 per cent from the current 20 per cent.
Union Budget 2024: What becomes cheaper and what’s costlier?
New Delhi, July 23 - With Finance Minister Nirmala Sitharaman announcing a major reduction in customs duty on cancer drugs and mobile phones, it is set to considerably bring down their prices in the market. The three cancer drugs are Trastuzumab deruxtecan, Osimertinib
Union Budget 2024: Govt to exempt three more cancer drugs from customs duty
New Delhi, July 23 - In a big relief to cancer patients, Union Finance Minister Nirmala Sitharaman, while presenting the Union Budget 2024, exempted customs duty on three cancer drugs.
Union Budget gives major push to job creation with focus on youth, women & farmers
New Delhi, July 23 - Finance Minister Nirmala Sitharaman on Monday presented the Union Budget 2024 in Parliament on Saturday aimed at giving a major push to job creation with a focus on the country’s youth, empowering women and improving the incomes of
Centre announces one crore houses for urban poor
New Delhi, July 23 - Union Finance Minister Nirmala Sitharaman on Tuesday proposed an allocation of Rs 2.2 lakh crore for urban housing, along with a Rs 10 lakh crore interest subsidy scheme in the flagship Pradhan Mantri Awas Yojana (PMAY) scheme.
Himachal, Uttarakhand among states to get flood devastation relief: FM Sitharaman
New Delhi, July 23 - Finance Minister Nirmala Sitharaman announced financial assistance for the Himalayan states of Himachal Pradesh, Sikkim and Uttarakhand, besides Assam -- the states impacted by floods.
Budget offers income tax sops for 4 crore salaried individuals
New Delhi, July 23 - Finance Minister Nirmala Sitharaman offered a bonanza for four crore salaried individuals and pensioners with the Budget announcements for 2024-25.
Glad to know Hon’ble FM has read Congress manifesto: Chidambaram
New Delhi, June 23 - After Union Finance Minister Nirmala Sitharaman introduced many schemes while presenting the Budget on Tuesday, former Finance Minister P. Chidambaram said that he is glad to know that the Finance Minister has read the Congress manifestation of 2024
Union Budget: Boost to youth empowerment, women in workforce
New Delhi, July 23 - As Union Finance Minister Nirmala Sitharaman presented her seventh Budget on Tuesday, among several things, she put forth the government’s vision for the empowerment of youth.
IAS academy has ‘no info’ on trainee Puja Khedkar as deadline ends
Mumbai, July 23 - On the final day of a notice by the elite Lal Bahadur Shastri National Academy of Administration (LBSNAA) to Maharashtra 2023 cadre IAS Probationary Officer Puja Khedkar, the Mussoorie-based institution had no information on her whereabouts, on Tuesday.
Centre keeps capex at Rs 11.11 lakh crore or 3.4 pc of GDP
New Delhi, July 23 - Finance Minister Nirmala Sitharaman on Tuesday kept India’s FY25 capex outlay unchanged at Rs 11.11 lakh crore, as earmarked in the Interim Budget in February.
Union Budget: Mudra loan limit enhanced to Rs 20 lakh from Rs 10 lakh
New Delhi, July 23 - The government on Tuesday announced several measures to boost the sentiments of the non-farming business community and MSMEs, along with enhancing Mudra loans to Rs 20 lakh from Rs 10 lakh.
One month wage for first-time employees: FM Sitharaman
New Delhi, July 23 - Finance Minister Nirmala Sitharaman on Tuesday announced that the Central government will give one month's salary to the new employees entering the workforce.