Ayushman Bharat Scheme Expansion In a move that could significantly benefit senior citizens, the Modi government is expected to expand the coverage of the Ayushman Bharat Health Insurance Scheme in the upcoming Union Budget 2024-25, which Finance Minister Nirmala Sitharaman is set to present on July 23. Sources indicate that the scope of the scheme …
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Unveiling Modi 3.0’s First Budget: Infrastructure Push, Welfare Measures, and Fiscal Consolidation
8 July 2024As Prime Minister Narendra Modi’s government embarks on its third term, the first Union Budget will be presented by Finance Minister Nirmala Sitharaman on July 23, 2024. This Budget marks an important milestone as it will be Sitharaman’s seventh consecutive Budget presentation, surpassing Morarji Desai’s record of six. The session is set to convene from …

Union Budget 2024: Key Expectations for India’s Economic Roadmap
3 July 2024The upcoming Union Budget in July 2024 is a highly anticipated event in India, generating a buzz of expectations and predictions from various sectors. As Finance Minister Nirmala Sitharaman prepares to unveil the Modi government’s first full budget for its third term, key stakeholders are eager to understand the government’s plans to address pressing economic …

What to Expect on Budget Day 2024 and Analyzing Past Budget Day Market Behaviour
25 June 2024As the political landscape gears up for the 2024 Lok Sabha elections in India, discussions surrounding the country’s financial planning take centre stage. Central to this discourse are the distinctions between the interim budget and the full union budget, two crucial fiscal documents that guide the nation’s economic trajectory. Finance Minister Nirmala Sitharaman is set …

Filing Income tax returns: Check out the Slab Rates and Deductions for Old and New Tax Regimes
20 June 2024As the Income Tax filing deadline approaches on July 31, 2024, it’s crucial for taxpayers to understand the intricacies of ITR filing, including income tax slab rates and deductions under both old and new tax regimes. With the right knowledge, you can optimise your tax returns and ensure compliance with the latest regulations. This comprehensive …

Defence Outlay for Upcoming Budget in July 2024
18 June 2024Interim Union Budget for 2024-25 The Interim Union Budget for 2024-25, presented on February 1, 2024, by Finance Minister Nirmala Sitharaman, allocated a record Rs 6.21 lakh crore to the Ministry of Defence. This figure represents a 4.72% increase over the previous fiscal year, showcasing the government’s commitment to strengthening India’s defence capabilities. As we …

Pre-Budget 2024 Talks: Sitharaman to Meet State Finance Ministers & Industry Veterans
18 June 2024Finance Minister Nirmala Sitharaman is gearing up for crucial pre-budget deliberations as she prepares to present the Union Budget 2024-25 by the end of July. Scheduled for June 20, 2024, the pre-budget meetings will see participation from prominent industry bodies and state finance ministers. These consultations are pivotal in shaping the economic agenda for the …

Top stocks from top three sectors to keep eye on the Budget Day 2024
24 January 2024The Union Budget 2024, slated for presentation by Finance Minister Nirmala Sitharaman on February 1, is generating anticipation as a growth-oriented and reform-driven budget. The budget is likely to bring forth significant announcements and incentives, especially for pivotal sectors such as infrastructure, defence, and energy. Sector Stock Name CMP (Rs) Market Cap (Rs Cr) 1Y …

Has Rural & Urban Consumption Become A Major Post-Budget Theme?
7 February 2017Rural Consumption… How can a budget give a big boost to urban and rural consumption across the economy? The focus, obviously, needs to be on putting more money into the hands of people with the maximum propensity to consume. The budget comes under a specific economic backdrop. Firstly, the demonetization drive had caused a lot …

Unlocking Real Estate Opportunities through REITs & InvITs: Budget 2024
15 February 2024India’s economic development is deeply intertwined with its vital infrastructure and dynamic real estate industry. The real estate sector contributed 7.3% to the GDP in 2022 and is predicted to grow to a $5.8 trillion industry by 2047, making up 15.5% of the GDP. Research from the Reserve Bank of India suggests a high return …