budget 2024

Nirmala Sitharaman, in the Budget 2024 put forth nine priorities including skilling youth and job creation. Karthik Muralidharan, Tata Chancellor's Professor of Economics at the University of California San Diego (UCSD) points out key areas where the focus should have been. 

NEW DELHI: Finance Minister Nirmala Sitharaman, in her Budget speech, put forth urban development as one of the nine priorities of the Modi 3.0 government. She announced an investment of ₹10 lakh crore in Pradhan Mantri Awaas Yojana (PMAY) Urban 2.0. Rudrabhishek Enterprises Limited (REPL) has worked on various projects like Pradhan Mantri Awaas Yojana (PMAY) […]

Pawan Munjal, Executive Chairman of Hero MotoCorp, expressed confidence in the budget's potential to stimulate consumption, attract substantial investments, and stabilize inflation while maintaining a focus on economic growth and fiscal responsibility.

Chadha claimed, “If one earns ₹10, they must pay ₹7-8 to the government as tax. However, Governments that levy such taxes on common people, what do they give in return to common people?"

NEW DELHI: Finance Minister Nirmala Sitharaman unveiled the Union Budget 2024 on Tuesday where one of the most significant aspects for the health sector was exempting three cancer drugs have beenfrom custom duties, which will result in cost reduction of the drugs. The exempted cancer drugs include Trastuzumab Deruxtecan, Osimertinib, and Durvalumab, which are primarily […]

NEW DELHI: Finance Minister Nirmala Sitharaman announced the government’s goal to increase women’s engagement in the workforce while presenting the Union Budget by establishing working women hostels. This focus comes as a part of government’s focus towards the four classes including the poor, women, youth, and farmers. The Budget allocates nearly ₹3 lakh crore for […]

Finance Minister Nirmala Sitharaman in her Budget 2024 speech announced a substantial allocation of ₹1.52 lakh crore for the agriculture and allied sectors in the fiscal year 2024–25.

NEW DELHI: In the Union Budget 2024 presented on July 23, Tuesday, Finance Minister Nirmala Sitharaman announced significant changes to the capital gains tax rates on equity investments, a move expected to impact investors and market dynamics.  The short-term capital gains (STCG) tax on equity investments held for less than a year will increase from […]

Road Connectivity: ₹26,000 crore will be invested in major road projects, including the Patna-Purnea Expressway, Buxar-Bhagalpur Expressway, and spurs to Bodhgaya, Rajgir, Vaishali, and Darbhanga. A new two-lane bridge over the Ganges at Buxar is also part of this plan.

Finance Minister Nirmala Sitharaman announced revisions to tax rates on equity investments during her presentation of the Union Budget for the fiscal year 2024–25.