Budget 2024 News

Finance ministry's pre-Budget meetings to commence from October 10

The meetings, which will continue through November 11, are being held to firm up budgetary allocations for 2025-26 and finalise the revised estimates for the current fiscal year

Govt to kick off FY26 Budget making exercise from 2nd week of next month

Pre-budget meeting shall commence from second week of October, 2024 and shall continue till around mid-November, 2024, it said

Apprenticeship scheme needs structure and monitoring to succeed: Experts

Hema Bajaj, Ruhie Pande, Amit Das, and Suryanarayan G Iyer speak with Business Standard's Nivedita Mookerji on Budget 2024's apprenticeship programme at BSmart HR Conclave

July Budget and slashing of SGBs: A setback for portfolio balancing

Understandable if govt decided not to bear exchange and capital appreciation risks on SGBs anymore, but this would be a pity for investors who would no longer have this option to balance portfolios

Centre sets up team to implement internship scheme announced in Budget

The Union Ministry of Corporate Affairs is holding discussions with corporate HR leaders in Delhi and Mumbai to finalise the contours of the scheme

Info Edge stock rallies 5% on steady Q1 show; matrimony biz grows 38% YoY

Info Edge stock surged up to 4.84 per cent at Rs 7,249.95 per share on the BSE in Friday's intraday deals

Union Budget 2024: Parliament approves Appropriation Bill, Finance Bill

The Rajya Sabha returned the Appropriation Bill and the Finance Bill to the Lok Sabha, thus completing the budgetary exercise for 2024-25

Discouraging retail play in F&O may help banks attract more deposits: Khara

Khara said the budget announcements like the tweaks on the short-term and long-term capital gains will not lead to much gains

Finance Minister Nirmala Sitharaman to address RBI board on August 10

The net tax receipts are estimated at Rs 25.83 trillion, she said, adding that the fiscal deficit is estimated at 4.9 per cent of the GDP

After FY26, fiscal deficit target will be a range: Finance Secy Somanathan

Path towards a reduction in the debt-GDP ratio will be announced later

'Nothing has structurally changed on either food or fertiliser subsidy'

Somanathan responded to a range of queries arising from the Budget and explained the government's thinking, on employment schemes, capital gains indexation and fiscal roadmap and many more

Kotak MF's Nilesh Shah bats for restrictions on retail investors in F&O

Budget with BS: The Fine Print: 'Atithi Devo Bhava' is good for tourism not for financial markets; there should be no differential treatment, said Nilesh Shah, managing director of Kotak Mutual Fund

Budget 2024: No 'budget' for energy transition is a cause for concern

Withdrawing funds for the initiative to be taken up by oil refiners, who have lost their power to price fuels for the last few years, is a cause for concern

Budget a fine balance, takes care of all segments, says FM Sitharaman

Replying to the discussion on the Union Budget 2024-25 the minister said the government is on track to achieve the pre-announced fiscal deficit target

Raamdeo Agrawal on why the Budget couldn't dent retail investors' sentiment

There is a lot of liquidity, shift from bank deposits to financial markets and capital formation is finally happening, said Motilal Oswal's Raamdeo Agrawal at 'Budget with BS: The Fine Print' event

Budget with BS: 'We are in one of the biggest market booms', says Motilal Oswal's Raamdeo Agrawal

Latest updates: Catch all the updates on the analysis of the Union Budget for FY25 here

Budget 2024: Capital gains tax, climate change key concerns of Generation Z

Budget 2024: Young India is keen to hear announcements related to skill development for the youth, steps taken to counter climate change and reforms in the capital gains tax structure

'Internship scheme a complicated solution to a complicated issue': Fin secy

At 'Budget with BS: The Fine Print,' Finance Secretary TV Somanathan said companies costs for interns will be funded through their CSR budgets

'Can only provide fiscal incentives': Fin secy on govt's role in employment

At 'Budget with BS: The Fine Print,' Finance Secretary TV Somanathan said fiscal incentives are the central government's responsibility, while skilling and education primarily fall under state govt

As Assembly polls loom in 4 states, PM faces middle class' ire over Budget

Regional votes are also important because they determine a party or alliance's strength in the upper house of parliament