Dressed in an off-white Mangalagiri sari with a purple-golden border, finance minister Nirmala Sitharaman on Tuesday presented her seventh consecutive Union Budget, reading from a tablet PC that was wrapped in the red-coloured ‘bahi-khata’ style pouch she has used for all her Budget speeches in place of the leather briefcase — called ‘budget’ from the…
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: 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…
NEW DELHI: The Union Budget 2024 has introduced changes to the taxation of long-term capital gains (LTCG) arising from the sale of property. The indexation benefit, which allowed property owners to adjust their purchase price for inflation, has been removed. Instead, a new LTCG tax rate of 12.5% will be applied to the capital gains…
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: 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…
NEW DELHI: The Centre might have refused special category status for Bihar, but has given a bonanza in Union Budget 2024 for the state. The government proposed Rs 26,000 crore budget for various road projects in Bihar, announced finance minister Nirmala Sitharaman. Finance minister said the government “will formulate plan Purvodaya for all round development…
As the nation eagerly awaits the presentation of the Union Budget by finance minister Nirmala Sitharaman, her choice of saree has also become a topic of interest. Each year, Sitharaman’s saree selection for the budget presentation garners attention and admiration from the public.For her record-breaking seventh Union Budget presentation, the finance minister opted for a…
The Indian economy has recovered and expanded in an orderly fashion post-pandemic and the real Gross Domestic Product (GDP) in 2023-24 was 20 per cent higher than its level in pre-pandemic 2019-20, according to the Economic Survey 2023-24 tabled on Monday in the Parliament. This, as per the Survey document, is a feat that only…
NEW DELHI: Days before the Union Budget is placed in Parliament, major pressure from NDA partners JDU and TDP seems to have eased as both did not press for ‘special category’ status for Bihar and Andhra at Sunday’s all-party meeting and instead suggested that there could be special packages to meet specific requirements.While JDU working…
