finance minister Nirmala Sitharaman

Railway stocks derail: IRFC, RVNL, Railtel and IRCON decline over 3 per cent amid global downtrend

August 5, 2024 by djsaavn_jvd36z

Indian Railway stocks, including Indian Railway Finance Corporation Ltd (IRFC), Ircon International Ltd, Indian Railway Catering And Tourism Corporation Ltd (IRCTC), and Jupiter Wagons Ltd, opened significantly lower on August 5, continuing the red streak. On August 5, the Indian equity benchmark indices, BSE Sensex and Nifty50, tumbled in early trading, influenced by global market … Read more

Budget 2024: From Namo Drone Didi to Mission Shakti—Check 6 key announcements for women empowerment

August 4, 2024 by djsaavn_jvd36z

Budget 2024: The Union Budget 2024 placed special emphasis on women-led development schemes. Finance Minister Nirmala Sitharaman announced ₹3 lakh crore allocations for schemes to promote women-led development. The Finance Minister also announced the setting up of working women’s hostels and creches to boost female participation in the workforce. The government has also increased budget … Read more

Budget 2024: CBDT chairman says Income Tax Act review aims to make ‘thick and bulky’ law ‘simpler’ for taxpayers

July 25, 2024 by djsaavn_jvd36z

Budget 2024: Central Board of Direct Taxes (CBDT) chairman Ravi Agrawal has said the comprehensive review of the Income Tax Act, 1961 is an attempt to make the “bulky” law “simpler” for taxpayers. Union Finance Minister Nirmala Sitharaman, while presenting the Union Budget for fiscal year 2024-25 on July 23, announced that the government would … Read more

Budget 2024 has laudable goals but misses a few tricks

July 24, 2024 by djsaavn_jvd36z

The Union budget 2024-25 was presented in Parliament by a coalition government. While it broadly signals ‘change with continuity’, it has some interesting dimensions beyond the numbers and the fiscal math. For one thing, there are references to reviews of certain key policy frameworks and other initiatives such as on foreign direct investment (FDI) and … Read more

Budget 2024 date and time: FM Nirmala Sitharaman to present 7th budget in row: Where and how to watch, what to expect

July 22, 2024 by djsaavn_jvd36z

Union Budget 2024: Union Finance Minister Nirmala Sitharaman is set to present her seventh consecutive Union Budget on July 23. This Union Budget will be the first full financial budget of Prime Minister Narendra Modi-led National Democratic Alliance (NDA) government in its third successive term. The spotlight of Union Budget 2024-25 would likely be on … Read more

Budget 2024: Here’s how Indian stock market performed on Budget day in last 10 years

July 22, 2024 by djsaavn_jvd36z

Finance Minister Nirmala Sitharaman is all set to present the Union Budget for 2024-25 on Tuesday, July 23. The Union Budget has been a key trendsetter for the Indian stock market, with the announcement being associated with market volatility. According to data available from the last ten years, the Indian market closed in a negative … Read more

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

June 26, 2024 by djsaavn_jvd36z

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

June 20, 2024 by djsaavn_jvd36z

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

Budget expectations: Here’s what experts across sectors anticipate from the July budget

June 14, 2024 by djsaavn_jvd36z

The newly elected Finance Minister Nirmala Sitharaman is likely to begin the budget preparation process, highlighting the importance of meticulous planning and comprehensive analysis. The Union Budget is expected to be presented in Parliament by the third week of July, according to a report by ANI. Also read: Union Budget 2024 likely to be tabled … Read more

Budget 2024 Updates: Nirmala Sitharaman prioritises affordable housing, Green growth, boosts capex

March 10, 2024 by djsaavn_jvd36z

Budget 2024 Updates: Finance Minister Nirmala Sitharaman delivered her Budget speech, presenting the Interim Budget 2024-25 at Parliament on Thursday, February 1, a day after the commencement of the Budget Session. Applauding the interim budget, PM Modi said investment for capital expenditure was taken to a historic high of ₹11,11,111 crore. Calling India’s capex and … Read more