New Delhi: In her Union Budget 2024-25 speech delivered in Parliament today, Union Minister of Finance and Corporate Affairs, Nirmala Sitharaman, highlighted the significant impact of the Goods and Services Tax (GST) on reducing the tax burden on common man, cutting down compliance costs, and lowering logistics expenses for businesses. She described GST as a…
New Delhi: In a move aimed at advancing India’s business environment and insolvency resolution framework, Union Finance and Corporate Affairs Minister Smt. Nirmala Sitharaman presented the Union Budget for 2024-25 in Parliament today. The budget emphasizes a commitment to fostering economic growth through significant reforms and digitalization.
New Delhi: Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, today presented the Union Budget 2024-25 in Parliament, emphasizing significant support for Micro, Small, and Medium Enterprises (MSMEs) and labour-intensive manufacturing sectors.
New Delhi: The Union Budget 2024-25, presented by Union Finance and Corporate Affairs Minister Nirmala Sitharaman, has introduced significant changes to the Capital Gains Tax framework, aiming to simplify and rationalize the tax structure. Under the new proposal, short-term gains on certain financial assets will be taxed at a flat rate of 20%. This change…
New Delhi: In her Union Budget 2024-25 speech delivered in Parliament today, Union Minister for Finance & Corporate Affairs, Nirmala Sitharaman, underscored the critical role of infrastructure in driving economic growth. She announced a substantial allocation of ₹11,11,111 crore for capital expenditure, equating to 3.4% of the country’s GDP. This commitment highlights the government’s dedication…
New Delhi: To boost tourism and regional development, Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, announced substantial support for Odisha and other key regions in her Union Budget 2024-25 speech.
New Delhi: In a strong commitment to enhancing the role of women in economic development, the Union Budget 2024-25, presented by Union Minister for Finance & Corporate Affairs Nirmala Sitharaman, has allocated over ₹3 lakh crore for schemes benefiting women and girls. This allocation is part of a broader strategy to promote women-led development and…
New Delhi: The Union Budget 2024-25 announced several strategic initiatives to enhance the manufacturing and services sector. Key measures include the development of investment-ready industrial parks, the establishment of a Critical Mineral Mission, and comprehensive labor-related reforms. To fulfill the priority of ‘Manufacturing & Services,’ Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman proposed…
New Delhi: Presenting her seventh consecutive Budget, Finance Minister Nirmala Sitharaman unveiled a series of landmark projects and significant fund allocations aimed at Bihar and Andhra Pradesh. These announcements come in response to the demands of both states for special category status and special packages following their bifurcations, and reflect the strategic alliance of the…
New Delhi: In a significant move to invigorate the Indian start-up ecosystem, the Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, announced the abolition of the ‘angel tax’ for all classes of investors while presenting the Union Budget 2024-25 in Parliament today.
