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Budget 2024: Union Finance Minister Nirmala Sitharaman delivered her second shortest Union Budget speech on Tuesday which lasted just 1 hour 25 minutes. This marks a slight reduction from last year’s speech which ran for 1 hour and 27 minutes. Interestingly, Sitharaman also holds the record for delivering the longest Budget speech which stretched over…
Automobile Industry Reactions On Union Budget 2024: Union Finance Minister Nirmala Sitharaman presented Union Budget for the financial Year 2024-25, underlining the Modi 3.0 government’s top priorities. Despite no big direct announcement for the automobile sector, here is how the industry reacted to the Union Budget 2024. Vinod Aggarwal, SIAM President “The Indian Automobile Industry…
15 minutes agoAuthor: Anshuman Tiwari, economic analyst copy link The first budget of Modi 3.0 is interesting as well as quite complicated. There is a big difference between what is said in the budget and what you get to read in the Finance Bill. Some hopes, some expectations that were from the budget… in those…
21 minutes agoAuthor: Kiran Jain, Virendra Mishra copy link Finance Minister Nirmala Sitharaman presented the budget for the seventh consecutive time on Tuesday. Bollywood celebs are disappointed as there was no announcement for the entertainment industry in this. It was believed that the government could reduce the entertainment tax this time but there was no…
New Delhi: Union Finance Minister Nirmala Sitharaman on Tuesday announced financial assistance to states including Bihar, Himachal Pradesh, Assam, Uttarakhand and Sikkim which have suffered losses due to floods and other natural calamities. She said that Bihar, which frequently suffers from floods, will get some relief as plans to build flood control structures in Nepal…
For the year 2024-25, the budget for Relief and Rehabilitation for migrants and repatriates has been set at Rs 539.72 crore. (PTI) Central Assistance to Union Territories in J&K has increased by 30 per cent. For the year 2024-25, the government will allocate Rs 40,619.30 crore for J&K, up from Rs 33,923.00 crore in 2023-24…
Budget 2024 – Electric Cars: The government on Tuesday proposed fully exempting customs duties on 25 critical minerals, including lithium, copper, cobalt, and rare earth elements. This will likely result in reducing the prices of lithium-ion batteries and, consequently, cutting the prices of electric vehicles since EVs use lithium-ion batteries, which constitute a major part…
New Delhi4 minutes ago copy link Budget 2024 in 24 points 1. Changes in the new tax regime, income up to Rs 7.75 lakh is tax free For those who choose the new tax regime, income up to Rs 7.75 lakh is now tax free. In the new tax regime, a standard deduction of Rs…
Budget 2024: India’s Finance Minister Nirmala Sitharaman presented the Union Budget for 2024-25 today. Sitharaman has presented her seventh Union Budget for the fiscal year 2024-2025. Following this, several items have become cheaper and costlier for consumers. Let’s have a quick look at the full list of items that will get cheaper and costlier …
5 minutes ago copy link In the budget speech, Finance Minister Nirmala Sitharaman announced 9 priorities for developed India. But health services have not found a place in these priorities of the government. The biggest announcement regarding health in this budget was the exemption in customs duty on cancer medicines and equipment. The government has…