Page 5 of Budget 2024

Infrastructure will continue to be the cornerstone of tourism growth.

Striking the right chord with tourism, technology and talent

While that augurs well for India’s global standing, the real opportunity lies in the domestic circuit, especially with a rising…

July 24, 2024 04:45 IST

FM checkmates F&O surge with STT

The segment’s fervor can be seen with the monthly turnover in the F&O segment reaching Rs 388.6 trillion in June…

July 24, 2024 04:40 IST

Budget has a strong focus on development and continuity

Before coming to the specifics, the Budget math and commitment to fiscal consolidation were on expected lines.

July 24, 2024 04:35 IST

The proposed Rs 1.5 lakh crore long-term interest-free loan for state governments will empower them to enhance infrastructure spending and implement critical reforms.

A step towards India’s economic resurgence

The government’s commitment to fiscal discipline, targeting a fiscal deficit of 4.9% of GDP, is commendable.

July 24, 2024 04:30 IST

Focus on jobs, skilling and the middle class

The Budget proposals have laid down a road map for formalising the value chain

July 24, 2024 04:30 IST

Finance Minister Nirmala Sitharaman also launched a separate scheme for job creation in the manufacturing sector.

Employment, skilling get a Rs 2-trn boost over 5 yrs

Budget outlines 5 key schemes for jobs & skilling; allocates 31% more over last year.

July 24, 2024 04:15 IST

Rural economy gets a leg-up with a slew of measures

Analysts said that the measures announced in the Budget would boost consumer demand in the hinterland, which is already showing…

July 24, 2024 04:05 IST

Many hits and a few misses

Significant pros of the Budget include lowering the fiscal deficit target and attention to energy transitions, while one of the…

July 24, 2024 04:00 IST

Union Finance Minister Nirmala Sitharaman displays a red pouch carrying the Budget documents outside the Finance Ministry in North Block before leaving for the Parliament where she will table the Union Budget 2024-25, in New Delhi, Tuesday, July 23, 2024. Finance MoS Pankaj Chaudhary and Chief Economic Advisor V. Anantha Nageswaran are also seen.(PTI Photo)

Budgeting for the common good

The FM has addressed unemployment and rural distress while sticking to fiscal discipline

July 24, 2024 04:00 IST

Focus on strengthening Agricultural infrastructure

The allocation for agriculture and farmers’ welfare at Rs 1.22 trillion for FY25, is up 5% from the revised estimate…

July 24, 2024 04:00 IST

Allied with Centre, AP & Bihar get special aid

To boost the infrastructure in the state, the FM said that the government is fully committed to financing and early…

July 24, 2024 03:55 IST

Budget provides impetus to Make in India initiative

The finance minister has further reiterated that the government debt will decline beyond FY26 as a percentage of GDP

July 24, 2024 03:50 IST

However, a 1% tax collected at source (TCS) on goods valued above Rs 10 lakh will make products such as jewellery, cars, houses, etc, expensive, even though the government has not notified the list of products attracting this tax.

The government gives and takes: Some items get costlier and a few get cheaper

With a cut in customs duty on several items, mobile phones, precious metals gold, silver and platinum, chargers, cancer medicines,…

July 24, 2024 03:45 IST

India could have a credit rating upgrade with its fiscal discipline

The push to increase participation in the Employees’ Provident Fund Organisation (EPFO) is a critical step toward formalising the labour…

July 24, 2024 03:40 IST

Gains for small investors with long-term view

The Budget also increased the short-term capital gains (STCG) tax from 15% to 20%.

July 24, 2024 03:35 IST

Focus on urban housing needs is another constructive step by the government and has a direct impact on our industry.

Budget enables virtuous cycle of growth

One of the other positive takeaways from the Budget has been the allocation of about Rs 2.66 trillion for rural…

July 24, 2024 03:30 IST

New tax regime now more attractive for the salaried

Standard deduction raised to Rs 75,000; no tax on salary income up to Rs 7.75 lakh

July 24, 2024 03:30 IST

‘Move to create world-class infra & make industry competitive’

The borrowing targets for the year are lower than in 2023-24 and are indicative of the government finances being in…

July 24, 2024 03:25 IST

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