February 1, 2024 09:29 AM Budget 2025 LIVE Updates: Benefits for startups The start-up tax incentive will last until March 31, 2025. Sovereign wealth funds and pension funds will receive an additional year of tax-free investments. There are certain lingering direct tax requests that the government will remove. February 1, 2024 09:29 AM Budget …
February 1, 2024 09:54 AM Parliament Budget Session Live: Government kept inflation under control despite global crisis President Droupadi Murmu said, “In the past years, the world witnessed two major wars and faced a pandemic like Corona. Despite such global crises, my government kept inflation under control in the country and did not let the …
Rural 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 …
India’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 …
During the introduction of the Union Budget 2022-23 on Tuesday, Finance Minister Nirmala Sitharaman told Parliament that the Center’s Production Linked Incentive (PLI) Scheme has the potential to generate 60 lakh new employment over the next five years. “The PLI Scheme for obtaining Atma Nirbhar Bharat has had a great response, with the potential to …
As Finance Minister Nirmala Sitharaman prepares to unveil the Union Budget 2022 on February 1, the salaried class is hoping for a rise in the income tax threshold, which has not been raised in many years. To help taxpayers, the government should enact legislation that expands the ELSS category savings to include fixed incomes rather …
Budget 2024-2025 In the recent Interim Budget announcements, significant financial highlights include the launch of solar power schemes, providing potential annual savings of Rs 15,000-18,000 per household with rooftop solar panels. The government aims to enable 1 crore households to receive 300 units per month for free. In the housing sector, the PM Awas Yojana …
The Indian government’s Interim Budget 2024, presented on February 1, 2024, brought good news for the agriculture sector. Finance Minister Nirmala Sitharaman announced several initiatives aimed at boosting farmers’ income, promoting value addition, and enhancing overall growth. Here’s a breakdown of the key announcements: Doubling Down on Success Pradhan Mantri Kisan Sampada Yojana (PMKSY) This …
As the Indian stock market braces itself for the much-anticipated interim budget of 2024, scheduled for presentation today, February 1, a flurry of buying activity has been observed in select stocks. These stocks, seemingly poised for potential gains in anticipation of budget-related announcements, have attracted significant investor interest, hinting at where market sentiment might lie. …
