[ad_1] Only houses with a suitable roof and an existing connection to the grid will be eligible for the scheme and consumers will still have to pay for all the net power supplied and consumed via the grid. File | Photo Credit: AFP Finance Minister Nirmala Sitharamanâs Budget address gave a fillip to several commitments…
[ad_1] The formation of the government and selection of Cabinet ministers and the Lok Sabha speaker suggested broad continuity of a Modi 3.0 administration. The budget was to be the next test to ascertain what we could expect from a Modi government dependent on its coalition partners for survival. Barring some sops, projects and other…
[ad_1] It is evident that Corporate India awaits the Union budget every year with tremendous anticipation. The measures proposed by finance minister Nirmala Sitharaman in the latest budget have fared rather well against these expectations. The nine-point agenda covering critical areas such as productivity and resilience in agriculture, manufacturing and services, infrastructure, inclusive human resource…
[ad_1] Budget 2024: In a shock to investors, Finance Minister Nirmala Sitharaman, in her presentation of the Union Budget for FY 2024-25, announced several key tax changes impacting capital gains and trading activities. FM announced that the long-term capital gains tax rate on all financial and non-financial assets will rise from 10% to 12.5%, with…
[ad_1] The uppermost issue was how the pressing demands of the two new, politically salient regional coalition partners from Bihar and Andhra Pradesh could be accommodated within the long-standing commitment to a fiscal deficit (FD) below 4.5% of GDP by 2025-26. The FD budgeted for 2024-25 in the final budget, at âš16.13 trillion (4.9 %…
[ad_1] Budget 2024: Former Union Finance Minister and Congress leader P Chidambaram remarked that the Nirmala Sitharaman presented Union Budget 2024-25 was a âvirtual adoptionâ of the Congress Manifesto for the 2024 Lok Sabha Elections. Also Read | Budget 2024 Live Updates: Want to simplify approach to taxationâ, says FM Chidambaram, at a press conference,…
[ad_1] The budget presented on Tuesday is part of that forward-looking continuity. This continuity is anchored in conservative assumptions, given uncertainty (political flux, elevated asset prices and shipping disruptions). As finance minister Nirmala Sitharamanâs speech states, there are âsignificant” downside risks for growth and upside risks for inflation (though core inflation is under control). A…
[ad_1] All India Institute of Medical Sciences (AIIMS) in Delhi. | Photo Credit: SANDEEP SAXENA Keralaâs much-anticipated and decades-long dream of having an All India Institutes of Medical Sciences (AIIMS)-like institution on its soil was dashed yet again when the proposal found no mention in the Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman…
[ad_1] Bihar Chief Minister Nitish Kumar said on Tuesday it’s a “beginning” after the Centre allotted special aid to facilitate development in the state but denied the long-standing demand for Bihar’s special status. âWe were speaking of special status, and a lot of people said that the provision for special status has been done away…
[ad_1] Telangana Irrigation and Civil Supplies Minister, N Uttam Kumar Reddy has criticised Union Finance Minister Nirmala Sitharama for ignoring Telangana in the Union Budget 2024 presented on Tuesday. | Photo Credit: By Arrangement Telangana Irrigation and Civil Supplies Minister, N. Uttam Kumar Reddy has criticised Union Finance Minister Nirmala Sitharaman for ignoring Telangana in…
