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
In Budget 2024-25, Finance Minister Nirmala Sitharaman is likely to raise the basic exemption limit under the old tax regime after a hiatus of 10 years, says Deepashree Shetty, Partner, Global Employer Services, Tax & Regulatory Services, BDO India, in an interview with MintGenie. Other changes in Budget 2024 that come in her ‘should happen’ category include rationalisation … Read more
Economic Survey 2024: The Indian economy has seen significant growth through reforms in recent years, but it faces several challenges. Four of these were listed by Chief Economic Advisor V Ananta Nageshwaran and his team in their “mini Economic Survey” ahead of the Interim Budget in January 2024. These could be addressed in the upcoming … Read more
Economic Survey and Union Budget 2024: Finance Minister Nirmala Sitharaman is set to announce the government’s Union Budget 2024 next week, on July 23. This is her sixth full Budget and comes after the NDA coalition won majority in the 2024 Lok Sabha Elections which concluded in June. Final stages of preparation for the Budget … Read more
While sharing his views about expectations from Budget 2024, Hemant Shah, fund manager, Seven Islands PMS, in an email interview with MintGenie, says that the government is likely to put a lot of emphasis on infrastructure development with respect to roads, dams and water. He also hopes that the government could to raise the limit … Read more
Budget 2024 Expectations Live: With the new government’s full Union Budget 2024 set to be announced on July 23, expectation are soaring. The focus remains on potential tax reforms that could impact individuals and businesses. Key anticipated changes include an increase in the basic exemption limit. There is also speculation about raising the standard deduction … Read more
Union Finance Minister Nirmala Sitharaman will present the Budget 2024 on Tuesday, July 23, amid high hopes for a pro-growth Budget, which may also include populist measures aimed at boosting consumption and the rural sector economy. Experts are largely convinced that the government will not shift its focus away from fiscal consolidation. Moreover, it may … Read more
The national rural job guarantee scheme that keeps millions of Indians out of penury is unlikely to see a higher allocation in this year’s Union budget, two officials said. Allocations to the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) are likely to be similar to estimates in the interim budget, one of the two … Read more
The country is abuzz with expectations for Budget 2024, eagerly awaiting Finance Minister Nirmala Sitharaman’s presentation on July 23rd. Ahead of Budget 2024, there is a strong consensus among MSME stakeholders for significant reforms. Key expectations include increasing the credit guarantee fund for MSMEs.There is also a push for interest subvention schemes to lower borrowing … Read more
Budget 2024:As the Finance Ministry is gearing up to present the full fiscal year budget for 2024-25, the National Democratic Alliance (NDA) government isconsidering offering 50 per cent of the last salary drawn as pension under the National Pension System (NPS) to central government employees, according to a report by the Times of India. This … Read more