Page 2 - Union Budget

ITIs: Back to the centre stage

Established to skill displaced people in post-Independence India, ITIs have now become central to the government's job creation strategy, despite a history of underwhelming performance

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

'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

Budget 2024 is an economists' Budget, says Citigroup MD Samiran Chakraborty

Focus of Budget 2024 is not restricted to railways, defence and infra, but expands to manufacturing and employment to aid human capital growth, said Citigroup MD at 'Budget with BS: The Fine Print'

Indexation benefit removed for real estate: How does it affect you?

Union Budget 2024: How Key changes in TDS rates simplify life for taxpayers

Budget has proposed to provide a standard operating procedure for TDS defaults and simplify the compounding guidelines for defaults

Rahul Gandhi misleading nation on Agnipath, security: Rajnath Singh

Defence Minister Rajanth Singh on Monday said Congress leader Rahul Gandhi was misleading the nation on the sensitive issue of national security and the Agnipath initiative and added that he was ready to make a statement in this regard in Parliament. Speaking in the Lok Sabha shortly after Gandhi's remarks on the Union budget, the defence minister said the opposition leader had tried to spread a lot of misconceptions about the budget and Union Finance Minister Nirmala Sitharaman would provide clarification when she replied to the debate. Singh said Gandhi was trying to mislead the nation about the sensitive issue of national security and the Agnipath initiative. "Our jawans protect the country's borders, it is such a sensitive issue of our national security. There are attempts to mislead the nation on the Agniveer issue, I am ready to make a statement whenever you permit," Singh said. Gandhi said the defence minister had told the House that the family of an Agniveer martyr was paid

Union Budget 2024-25, J&K Budget passed in Lok Sabha by voice vote

The Lok Sabha approved the Rs 48.21-lakh crore Budget for 2024-25 of the Union Government. The lower House also approved the budget of the Union Territory of Jammu and Kashmir with a voice vote. The Union Budget and Budget for J&K was passed by a voice vote by the Lok Sabha. The relevant appropriation bills were also passed by the House. Replying to the debate, Finance Minister Nirmala Sitharaman said the fiscal deficit of the central government is proposed to be brought down to 4.9 per cent of the GDP during 2024-25 and further to below 4.5 per cent by 2025-26.

Indians are Arjun, will break Modi's chakravyuh: Rahul Gandhi's fresh salvo

Rahul Gandhi alleged that the Centre waived off Rs 16 trillion debt of the industrialists but collected Rs 8,500 crore from the poor Indians, who are unable to maintain "even the minimum balance"

Reduction of corporate tax in Budget will promote India-US trade: Ex-CEA

Professor Krishnamurthy Subramanian said that the removal of Angel Tax would be significant for India's startup ecosystem and encourage investments from outside

How Modi govt's recently announced tax plan is squeezing the middle class

Trading in stocks and options, which has become a national craze since the pandemic, will now be taxed more strictly. That wasn't entirely unexpected

Purvodaya scheme for 5 states: Will the sun finally shine on the east?

A comparative look at the five states in the Purvodaya scheme

Rahul Gandhi slams Union Budget 2024, says BJP betrayed middle class

In his 40-minute speech in the Lok Sabha, Gandhi spoke of the atmosphere of fear in the country, which, he alleged, also pervaded the Bharatiya Janata Party (BJP)

Govt considers reintroducing 15% concessional corporate tax in FY26 Budget

The Centre has set up an internal committee to evaluate the benefits of the 15% concessional tax rate scheme for new domestic manufacturing units, introduced in FY20

Andhra Pradesh, Bihar package likely to cost Rs 20-30K crore to Centre

While Andhra Pradesh is expected to receive Rs 15,000-20,000 crore, Bihar is likely to receive Rs 5,000-10,000 crore in FY25

Realty sector loses Rs 6,480 crore in market value after Union Budget

Analysts feel removal of indexation may dampen investor sentiments, particularly in high-end segments

High PSF provision in Budget 2024 revives buzz about merger with PSS

But PM-AASHA allocation indicates otherwise

A change in course?

Three shifts in the Union Budget that may pay off

Hike in capital gains taxes won't adversely impact market sentiment: Goyal

The Commerce minister termed the criticisms against the hike in capital gains tax and securities transaction tax in derivatives trading as fear-mongering