budget

Budget 2024: A look at what corporate India expects from FM Nirmala Sitharaman — tax relief, higher capex & more

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Budget 2024: A look at what corporate India expects from FM Nirmala Sitharaman — tax relief, higher capex & more

Union Budget 2024: Industry leaders requested a host of considerations in the upcoming full Union Budget 2024 during their pre-Budget meeting with Finance Minister Nirmala Sitharaman on June 20. Expectations listed by India Inc. during the two-hour interaction include a reduction in the income tax burden for the common man, an increase in capital expenditure, … Read more

Budget 2024 | Finance Ministry may cut income tax for lower-income individuals, first such move in seven years: Report

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Budget 2024 | Finance Ministry may cut income tax for lower-income individuals, first such move in seven years: Report

Union Budget 2024: The Prime Minister Narendra Modi-led government is contemplating measures worth over ₹50,000 crore ($6 billion) to boost consumption in India’s upcoming Union Budget. This includes potential tax cuts for lower income individuals, marking the first such cuts in seven years, sources told Bloomberg. Finance Ministry officials are evaluating proposals to reduce taxes … Read more

Budget 2024: Profits from F&O segment may be moved to ‘speculative income’, to attract higher tax rate: Report

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Budget 2024: Profits from F&O segment may be moved to ‘speculative income’, to attract higher tax rate: Report

The upcoming Union Budget is expected to propose changes in the tax treatment of income from futures and options (F&O) segment with an aim to discourage retail participation in the derivatives trading, a report said. Along with various options, the government is said to consider moving income from F&O trading from the head of ‘business … Read more

Expert view: Don’t foresee significant policy changes; bullish on infra, financials, says Oberoi of Prudent Equity

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Expert view: Don't foresee significant policy changes; bullish on infra, financials, says Oberoi of Prudent Equity

What are your expectations from the new government? Do you expect any major shift on the policy front? The focus should remain towards investment-led growth. We continue to remain bullish on the same themes. While I don’t foresee any significant policy changes, I think it’s wise to pay attention to the Budget and the discussions … Read more

Why Devina Mehra is bullish on silver

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Why Devina Mehra is bullish on silver

“Even compared to gold, silver is beginning to look good. Unlike gold, silver also has some linkage to industrial demand. The US leading indicator on industrial production is also looking good. So, all this put together bodes well for silver,” she says. Barring some legacy stock holdings, about 90% of Mehra’s investments are channeled through … Read more

Budget 2024 Expectations Highlights: Here is what tourism, real estate, fintech, EV and other sectors demand from FM

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Budget 2024 Expectations Highlights: Here is what tourism, real estate, fintech, EV and other sectors demand from FM

Budget 2024 Expectations Highlights: On February 1, 2024, Finance Minister Nirmala Sitharaman is set to present the final Budget under the current Narendra Modi government. Given that this Budget is ahead of the Lok Sabha elections year, it is expected to be an Interim Budget or a Vote on Account. The key question looms: will … Read more

Interim Budget 2024: Date, time and where to watch FM Sitharaman’s speech live?

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Interim Budget 2024: Date, time and where to watch FM Sitharaman's speech live?

Finance Minister Nirmala Sitharaman is set to unveil the Interim Budget 2024 on February 1 at 11 am, setting the stage for the temporary financial plan until the new government takes over. With her sixth budget presentation – five annual, one interim, she will stand shoulder-to-shoulder with former PM Morarji Desai, etching her name in … Read more

‘Millennium’, ‘Dream’, ‘Once-in-a-Century’: Here are the most remarkable budgets in Indian history

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‘Millennium’, ‘Dream’, ‘Once-in-a-Century’: Here are the most remarkable budgets in Indian history

Finance Minister Nirmala Sitharaman will present the interim budget at the parliament on February 1. There are less chances of some big announcements or major policy changes because of the upcoming Lok Sabha elections. Also Read: Budget 2024: These are the 6 key Budget promises delivered in recent past The full budget will be presented … Read more

Mint primer: Five numbers to help you unlock the Union budget

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Mint primer: Five numbers to help you unlock the Union budget

NEW DELHI : Finance minister Nirmala Sitharaman presents her sixth annual budget, albeit an interim one, today, likely furnishing a report card on the government’s performance in the past five years. Here are five key numbers to watch out for and cut through the economic jargon: Nominal GDP growth The budget could highlight how India … Read more

Budget 2024: Govt to withdraw outstanding disputed tax demand to de-clog recovery

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Budget 2024: Govt to withdraw outstanding disputed tax demand to de-clog recovery

New Delhi: Union finance minister Nirmala Sitharaman on Thursday announced measures to withdraw outstanding disputed tax demands for specific periods, a move she said will benefit 10 million taxpayers by ending disputes going back decades. “In line with our government’s vision to improve ease of living and ease of doing business, I propose to withdraw … Read more