Tag: Budget 2024
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Budget 2024: Drop in gold prices to benefit consumers & companies and tackle smuggling. But there is a catch
Indian Finance Minister Nirmala Sitharaman presented the Union Budget 2024 in Parliament on Tuesday, marking her seventh consecutive budget. Bringing cheer to consumers, she proposed a series of cuts on the customs duties levied on various items. “My proposals for customs duties intend to support domestic manufacturing, deepen local value addition, promote export competitiveness and ... -
Budget 2024: Purvodaya Plan to Boost Eastern India’s Growth
The Indian government, under the leadership of Prime Minister Narendra Modi, has come up with a new plan called ‘Purvodaya.’ The plan aims to ensure the growth of eastern India in several ways. Purvodaya means “the rise of the East” in Hindi. The Purvodaya plan will focus on five states in eastern India: 1. Bihar ... -
New Budget Session Starts in Indian Parliament
The Lok Sabha, the Lower House of the Parliament of India, began its session. Here is all that happened in the lower house: 1. Economic Survey: A mega report on how the economy of India has been performing was shared by the government. This report takes stock of what could potentially go on at this ... -
Nirmala Sitharaman again takes tablet in red pouch to present paperless Budget 2024
Indian Finance Minister Nirmala Sitharaman holds a folder containing Union Budget documents outside the Ministry of Finance in New Delhi India on July 23,2024. The Union Budget 2024-25 will be presented in the parliament by the country’s finance minister Nirmala Sitharaman (photo:pallav paliwal) -
Key Takeaways from the Economic Survey Ahead of the Budget
Union Finance Minister Nirmala Sitaraman gave a preview about the Economic Survey 2023-24 before the Lok Sabha today. The survey showed India’s real Gross Domestic Product is expected to grow by a rate between 6.5% and 7% in the current year of 2024-25. The economic survey was released before the Indian Union Budget. The growth ... -
Budget 2024: Will Modi 3.0 Continue With Welfare Push? Schemes That Got Major Allocations
As the Budget approaches taxpayers are eager to see what benefits the Finance Minister might announce. One key area of interest is the potential increase in the standard deduction limit. Reintroduced in the 2018 Budget, the standard deduction of Rs 40,000 for salaried individuals replaced the earlier travel allowance (Rs 19,200) and medical deduction (Rs ... -
India Announces ₹1.18 Lakh Crore Budget For Jammu And Kashmir
India recently announced a big budget for Jammu and Kashmir for the year 2024-25. The budget is about $14.16 billion (₹1.18 lakh crore). The budget for Jammu and Kashmir is almost 4.72 times bigger than the IMF’s help to Pakistan. This is a lot more than the $3 billion bailout Pakistan got from the International ...
