NEW DELHI: The third day of the Budget session is set for a massive showdown as the opposition INDIA bloc MPs have decided to protest in Parliament in the backdrop of the Union Budget, which they have called “discriminatory”.Union Budget presented by finance minister Nirmala Sitharam for the seventh consecutive time on Tuesday drew opposition’s…
NEW DELHI: When finance minister Nirmala Sitharaman presented the interim budget in February 2024, many were expecting it to be full of freebies with an eye on the 2024 general election. There were expectations that the government may announce tax cuts for the middle class and extra incentives for farmers and rural areas. But the…
Jewellers are applauding FM Nirmala Sitharaman‘s proposed reduction in custom duty to 6 per cent on gold and silver along with a reduction in custom duty on platinum to 6.4 per cent. They are calling the Union Budget 2024 a game-changer for the diamond, gems, and jewellery industry and it has provided an opportunity for…
NEW DELHI: Union Budget 2024 on Tuesday opened floodgates of goodies for “ally” states Andhra Pradesh and Bihar – reflecting the political compulsion of Modi 3.0 government which is dependent on the support of Chandrababu Naidu and Nitish Kumar for its survival. Prime Minister Narendra Modi may not have accepted the demand for “special category…
NEW DELHI: Farmer leaders in Punjab on Tuesday expressed their disappointment with the Union Budget presented by Finance Minister Nirmala Sitharaman, claiming it “ignored” the farming sector and failed to address the issue of providing a legal guarantee for minimum support price (MSP). The budget allocates Rs 1.52 lakh crore for the agriculture and allied…
Latest income tax slabs FY 2024-25: Finance Minister Nirmala Sitharaman has changed the income tax slabs effective FY 2024-25 under the new income tax regime as announced in Budget 2024. The standard deduction under the new income tax regime has also been hiked from the present Rs 50,000 to Rs 75,000. According to FM Nirmala…
NEW DELHI: Minutes after Union finance minister Nirmala Sitharaman presented Budget 2024 of Modi government 3.0, the opposition hit out at the BJP-led NDA government for only appeasing its allies N Chandrababu Naidu and Nitish Kumar.Congress leader Rahul Gandhi hit out at the Modi government calling the budget only to “appease allies” for “kursi bachao”…
NEW DELHI: In her seventh Union Budget presentation, Finance minister Nirmala Sitharaman announced a significant reduction in the defence budget, allocating Rs 4.54 lakh crore for FY25. This is a steep decrease from the Rs 6.21 lakh crore announced in the Interim Budget just five months earlier.Sitharaman began her address by highlighting the government’s continued…
NEW DELHI: Finance minister Nirmala Sitharaman on Tuesday announced the Union Budget 2024. Taking a bottoms-up approach, the Budget focused on assuring affordable medicines especially for cancer patients along with reducing custom duty on precious metals like gold, silver to 6% and platinum to 6.5%.Meanwhile, telecom equipments and plastic goods are set to become expensive.Here’s…
NEW DELHI: Union finance minister Nirmala Sitharaman while presenting the 2024-25 budget on Tuesday announced Rs 15,000 crore for the development of Andhra Pradesh‘s Amaravati capital city project.The project was back on track after the return of Telugu Desam Party (TDP) an NDA ally in the Telugu state.The TDP and the JD(U) in Bihar, had…
