Economy News

Union Finance Minister Nirmala Sitharaman, Minister of State in Finance Pankaj Chaudhary and other members of finance ministry leave to present the budget in Parliament

How full Budget 2024 compares with Interim Budget: Explained

The Union Budget 2024-25 focuses on empowering youth, women, farmers, and the poor, with significant allocations for employment and skilling. Fiscal consolidation is strengthened, with a reduced fiscal deficit target and lower planned gross market borrowing. Revised tax slabs and a comprehensive review of the Income Tax Act aim to simplify tax compliance and boost sectors. The budget retains a high allocation for the Ministry of Defence, promoting 'Aatmanirbharta' in Defence technology and manufacturing.

Jul 24, 2024

Mutual fund holdings beyond top 500 stocks spike to 2018 highs

'Indexation' from mutual funds ends with Budget 2024-25: Edelweiss' Radhika Gupta takes stock

Radhika Gupta, Edelweiss MD and CEO of Edelweiss Asset Management Company (AMC), said on Tuesday that the concept of indexation has gone away from mutual funds (MFs).

Jul 24, 2024

Rajasthan gets new industrial park in Union Budget 2024

Rajasthan gets mention in Budget with promise of new industrial park

Rajasthan has received a major industrial park in the first Budget of the BJP-led government at the Centre, with the state receiving Rs 7,000 crore more as a share of Central taxes this time.

Jul 24, 2024

Budget to benefit all segments of society, says PM Modi

Union Budget 2024-25: Boost for National Health Mission

The Union Budget 2024-25, presented by Finance Minister Nirmala Sitharaman, has proposed an increase in expenditure for the National Health Mission (NHM) by about Rs 4,000 crore.

Jul 24, 2024

UP women farmers integrate agriculture with fish farming

Budget gives push to fisheries sector with 54 per cent hike in outlay

The Union Budget 2024-25, presented by Finance Minister Nirmala Sitharaman in the Parliament on Tuesday, has hiked the allocation for the Department of Fisheries by 54 per cent to Rs 2,616.44 crore from Rs 1,701 crore (Revised Estimates) during 2023-24.

Jul 24, 2024

Millennials driving the real estate growth story in India.

After Indexation Removal, New Capital Gains Tax Regime Shakes Up Realty Sector

The new tax regime aims to simplify computation for taxpayers and tax administration. The changes are part of the government's broader efforts to simplify the approach to taxation and encourage investment in the market.

Jul 24, 2024

Time to invest in these stocks which can deliver superior returns: Experts on LTCG tax

Stock market experts on Wednesday said that investors should focus on buying stocks which can deliver superior returns after a marginal increase in long-term capital gains tax (LTCG) on equity becomes a reality.

Jul 24, 2024

Business growth in India at three-month high as PMI hits 61.4

The report revealed that this strong growth in private-sector business was driven by rising demand in the services sector

Jul 24, 2024

INDIA bloc calls Union Budget 'discriminatory', holds protest with placards

Holding posters, the leaders raised slogans against the government, saying that the Budget was for "kursi Bachao" only.

Jul 24, 2024

9 priorities of Union Budget: FM unveils road map for 'Viksit Bharat'

Union Budget: Foreign investors upbeat, UKIBC calls India 'the most exciting economic story'

UK India Business Council on Wednesday congratulated Finance Minister Nirmala Sitharaman and the government for an emphasis on facilitating foreign investments

Jul 24, 2024

Centre announces one crore houses for urban poor with Rs 10 lakh crore investment

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.

Jul 23, 2024

Angel Tax Abolished in Budget 2024: Major Boost for Indian Startups [Here's How]

The Indian government has abolished the controversial angel tax on startups, a move hailed as a major relief for the startup ecosystem.The abolition is expected to benefit over 80,000 startups registered with the Department for Promotion of Industry and Internal Trade (DPIIT).

Jul 23, 2024

Union Budget 2024: Govt announces over Rs 3 lakh crore for schemes benefiting women & girls

Focussing on women-led development, the government on Tuesday announced more than Rs 3 lakh crore for schemes benefiting women and girls.

Jul 23, 2024

Budget offers income tax sops for 4 crore salaried individuals

Finance Minister Nirmala Sitharaman offered a bonanza for four crore salaried individuals and pensioners with the Budget announcements for 2024-25.

Jul 23, 2024

Centre convenes all-party meet today ahead of Budget Session

Glad to know FM has taken note of some schemes from Congress manifesto, says Chidambaram

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 Lok Sabha elections.

Jul 23, 2024

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Economy News

How full Budget 2024 compares with Interim Budget: Explained

'Indexation' from mutual funds ends with Budget 2024-25: Edelweiss' Radhika Gupta takes stock

Rajasthan gets mention in Budget with promise of new industrial park

Union Budget 2024-25: Boost for National Health Mission

Budget gives push to fisheries sector with 54 per cent hike in outlay

After Indexation Removal, New Capital Gains Tax Regime Shakes Up Realty Sector

Time to invest in these stocks which can deliver superior returns: Experts on LTCG tax

Business growth in India at three-month high as PMI hits 61.4

INDIA bloc calls Union Budget 'discriminatory', holds protest with placards

Union Budget: Foreign investors upbeat, UKIBC calls India 'the most exciting economic story'

Centre announces one crore houses for urban poor with Rs 10 lakh crore investment

Angel Tax Abolished in Budget 2024: Major Boost for Indian Startups [Here's How]

Union Budget 2024: Govt announces over Rs 3 lakh crore for schemes benefiting women & girls

Budget offers income tax sops for 4 crore salaried individuals

Glad to know FM has taken note of some schemes from Congress manifesto, says Chidambaram

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]

Is exhibiting cleavage mandatory? Malaika Arora opts for low neck sleeveless outfit at event in Vrindavan, leaves netizens furious

'She is cruel…': Ankita Lokhande CRIES after fight with Mannara, tells Vicky she wants to go home; fans react