budget 2024

Budget 2024: Hospitality sector bats for industry status, GST reduction, cites substantial GDP & forex contributions

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Budget 2024: Hospitality sector bats for industry status, GST reduction, cites substantial GDP & forex contributions

The hospitality sector should be given the status of an industry in the upcoming Union Budget to accelarate growth, senior executives from the sector told LiveMint. The sector has made “substantial contributions” to the nation’s gross domestic product (GDP), is labour and capital intensive, and brings in foreign exchange revenues, they pointed out. “The industry’s … Read more

Budget 2024: These are three sectors of opportunities in Indian stock market, says Religare Broking

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Budget 2024: These are three sectors of opportunities in Indian stock market, says Religare Broking

Budget 2024: Markets are scaling new highs with the benchmark indices – Sensex and Nifty 50 – rebounding significantly in last couple of weeks, after the volatility related to Lok Sabha poll results 2024 cooled down. Gurpreet Sidana CEO of Religare Broking, in an interview with Mint’s Ujjval Jauhari, said that the uncertainties are behind … Read more

Budget 2024: Real-estate sector hopes for high rebates, GST rate reductions, and other reforms | Check wishlist here

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Budget 2024: Real-estate sector hopes for high rebates, GST rate reductions, and other reforms | Check wishlist here

As Union Finance Minister Nirmala Sitharaman is all set to table the Budget 2024-25 in the third week of July, India’s real estate sector hopes for a series of reforms and incentives that can drive growth and address longstanding challenges. Expectations range from increased rebates on home loan interest rates, GST rate reductions, single-window clearance … Read more

Government should raise I-T exemption limit under new tax regime from ₹3 lakh to ₹5 lakh: EY

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Government should raise I-T exemption limit under new tax regime from ₹3 lakh to ₹5 lakh: EY

Budget 2024: Tax and consultancy firm EY, as quoted by Moneycontrol, said in a report on June 27 that the government should raise the basic exemption limit under the new tax regime from ₹3 lakh to ₹5 lakh to provide taxpayers with more disposable income. The firm also suggested that the standard deduction should be … Read more

Budget 2024: Motilal Oswal expects fiscal deficit target may be lowered to 5% for FY25, spending could be hiked

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Budget 2024: Motilal Oswal expects fiscal deficit target may be lowered to 5% for FY25, spending could be hiked

Even though collation politics may make it challenging to pass legislation on the more ambitious parts of the government reform agenda in areas like agriculture, land, labour, and judicial, experts believe that no substantial policy changes could be proposed during the Budget. “We strongly believe (and hope) that there will not be substantial changes in … Read more

Budget 2024 expectations: Income Tax relief, old pension scheme — what the salaried class wants from FM Sitharaman

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Budget 2024 expectations: Income Tax relief, old pension scheme — what the salaried class wants from FM Sitharaman

As the Union Finance Ministry is gearing up to present the full Union Budget for the fiscal year 2025 in July, several stakeholders have urged Finance Minister Nirmala Sitharaman to provide tax relief for salaried employees. The Union Budget 2024-25 is expected to be presented in Parliament on July 23 or 24. Budget expectations Salaried … Read more

Budget 2024: Here’s what Indian startup sector expects from upcoming announcement by FM Nirmala Sitharaman

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Budget 2024: Here's what Indian startup sector expects from upcoming announcement by FM Nirmala Sitharaman

However, there has been no official announcement regarding the date of the Budget 2024 presentation. Investors and entrepreneurs in the startup sector are anticipating a more favorable business environment with enhanced regulatory and tax measures for startups. Given that most startups are facing challenges in raising capital, the upcoming budget might provide incentives for investors … Read more

Budget 2024: Agri sector bats for exports worth $100 billion, long-term farmer credit; 5 key expectations

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Budget 2024: Agri sector bats for exports worth $100 billion, long-term farmer credit; 5 key expectations

Among the key sectors, India’s agriculture sector is expected to grow at a rate of six per cent in the current fiscal 2024-25 (FY25). Experts say that the farm and agri sector has grappled with strenuous challenges such as drought, adverse weather conditions, the impact of climate change, and inflationary pressures. Also Read: Russia’s crude … Read more

Budget 2024: Expect a focus on growth, initiatives to support Viksit Bharat goal, says Virk of Shoonya by Finvasia

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Budget 2024: Expect a focus on growth, initiatives to support Viksit Bharat goal, says Virk of Shoonya by Finvasia

Edited excerpts: What are your key expectations from the Union Budget 2024? Do you expect growth-oriented measures or populist ones? As we approach Budget 2024, we anticipate a continued focus on advancing India’s digital public infrastructure, which is essential for achieving the $5 trillion economy dream. Enhanced government initiatives for financial inclusion, smart cities, AI … Read more

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