Page 5 of Union Budget 2024

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Budget 2024: No mention of Railways in FM’s speech but Budget document shows allocation for new lines, gauge conversion and more

The FM was expected to make some major announcements for the Railways sector, however, it was hardly mentioned in her…

July 23, 2024 15:47 IST

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Budget 2024: These cancer medicines get custom duty exemption – What does this exactly means

Union Budget 2024: Exemption from basic customs duty could potentially reduce the price by 10-20 percent, making these treatments more…

July 23, 2024 15:23 IST

Budget 2024: Sitharaman announces aid to Himachal Pradesh through multilateral development assistance

The Himachal Pradesh government has requested the Centre to release Rs 9,042 crore as financial assistance following a post-disaster assessment…

July 23, 2024 13:55 IST

The Prime Minister Crop Insurance Scheme, officially known as Pradhan Mantri Fasal Bima Yojana (PMFBY), is a government initiative designed to provide financial support to farmers in the event of crop damage due to natural calamities, pests, and diseases.

Budget 2024: Finance Minister Nirmala Sitharaman announces Rs 1.52 lakh crore allocation for agriculture sector

One of the key announcements was the introduction of 109 new high-yielding and climate-resilient varieties of 32 field and horticulture…

Updated: July 23, 2024 14:25 IST

union budget, budget, budget 2024, costlier cheaper, what got costlier and cheaper, gold, silver, customs, custom duty, Union budget, budget news, Sitharaman

Union Budget 2024: What got costlier and cheaper after the Budget announcement?

The tax on shares held for more than 12 months has been increased from 10 percent to 12.5 percent.

Updated: July 23, 2024 15:43 IST

She mentioned that the Narendra Modi led government is fiscally prudent, and it will be able to contain the fiscal deficit below 4.5% as a percentage of GDP in FY26. The FY25 Budget has pegged the fiscal deficit-to-GDP ratio at 4.9%, lower than 5.1% pegged in the interim Budget.

Budget 2024: At Rs 90,958.63 crore health ministry’s allocation sees surge of nearly 13 per cent from FY24

Union Budget 2024: During her budget speech, Finance Minister Nirmala Sitharaman proposed exemption of cancer medicines from basic custom duty.

July 23, 2024 13:48 IST

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Budget 2024: Capital gains on certain financial assets to be hiked to 1.25 lakh per annum

The budget also announced that listed financial assets held for more than a year will be classified as long-term.

Updated: July 23, 2024 13:06 IST

Budget 2024: Govt reduces mobile custom duty by 15% paving way for more affordable smartphones

Interestingly, this year’s budget speech did not address artificial intelligence (AI) or 5G technology.

July 23, 2024 12:55 IST

Budget 2024: Nirmala Sitharaman exempts basic custom duty for 3 more cancer medicines

Union Budget 2024: Chronic diseases including cancer are emerging as major public health problems in India.

Updated: July 23, 2024 14:55 IST

Budget Highlights 2024 Income Tax: Nirmala Sitharaman announces revised tax structure under new regime – Check here

Budget highlights 2024 Income Tax: Sitharaman also announced increase in standard deduction to ₹75,000 under the new tax regime.

July 23, 2024 12:43 IST

‘Nitish-Naidu-yukt’ Budget: Modi keeps allies happy; Bihar, Andhra Pradesh bag lion’s share in FM Sitharaman’s Budget

Allies of the BJP under the banner of the National Democratic Alliance were in focus ahead of the presentation of…

July 23, 2024 12:42 IST

Union Budget 2024: FM Sitharaman announces Rs 2.66 lakh crore for rural development

“This year I have made a provision of Rs. 2.66 lakh crore for rural development, including rural infrastructure,” the Finance…

July 23, 2024 12:31 IST

Budget 2024: Nirmala Sitharaman abolishes Angel Tax, Startups breathe a sigh of relief

Budget 2024: Industry experts have been advocating for the elimination of angel tax to enhance the startup ecosystem in India.

Updated: July 23, 2024 13:52 IST

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Union Budget 2024: Infrastructure capex remains at Rs 11.11 lakh crore; Bihar gets major allocation

Coming to Bihar, she announced an investment of Rs 26,000 crore for highway projects in Bihar.

July 23, 2024 12:23 IST

Budget 2024 speech: Nirmala Sitharaman unveils 3 employment-linked schemes, Find out here

Sitharaman highlighted that incentives will be directly provided to employees and employers based on EPFO contributions over the first four…

July 23, 2024 12:19 IST

Union Budget 2024: From significant allocation of capex to development of roadways – Key infrastructure highlights from Nirmala Sitharaman’s Budget speech

Nirmala Sitharaman said that the government’s commitment to sustaining robust fiscal support for infrastructure projects over the next five years.

Updated: July 23, 2024 13:14 IST

Budget 2024, Budget 2024 tourism, Budget 2024 bihar, bihar tourism, himachal pradesh toursim, odisha, odisha politics, odisha tourism

As Nirmala Sitharaman announces reforms in tourism, let’s rediscover India’s cultural gems – From Bihar’s Bodh Gaya and Nalanda to Odisha’s beaches and temples

Budget 2024: As the reforms take shape and infrastructure evolves, Nalanda, Gaya, and Odisha stand poised to reclaim their rightful…

Updated: July 23, 2024 12:31 IST

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Union Budget 2024: Uplifting Bihar – State to get airports, medical colleges and sports infrastructure, says FM

The Centre will also launch the ‘Purvodaya’ plan for the comprehensive development of Bihar, Jharkhand, West Bengal, Odisha, and Andhra…

July 23, 2024 11:58 IST

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Advance tax collections see modest growth at 3.9% in Q2

Money35 min ago

Centre’s advance direct tax collections for Q2FY26 from companies, LLPs, and individuals rose by 3.9% compared to 19% growth in the year-ago quarter due to personal income tax relief announced in the budget. Advance tax receipts for Q1FY26 grew by 3.6% due to tax cuts and higher refunds. Despite lower refunds, direct tax collections net of refunds rose by 9.2% to Rs 10.83 lakh crore. However

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