[ad_1] The middle class, which has been the backbone of the BJP for decades, hoped that it would be offered more in the Budget. File | Photo Credit: Reuters The middle class seems upset with the Union Budget, presented on July 23. Many said that the government did not provide them any relief. The middle…
[ad_1] Telangana’s Health, Medical, and Family Welfare Department’s budget outlay for the fiscal year 2024-25 saw a cutback compared to the previous year. The current budget stands at ₹ 11,500 crore, marking a decrease of ₹661 crore from the 2023-24 budget of ₹12,161 crore. While presenting the Budget, Finance Minister Bhatti Vikramarka Mallu acknowledged the…
[ad_1] Chief Economic Advisor to the Government of India, Dr. V Anantha Nageswara. | Photo Credit: SRINATH M With the economy regaining momentum, it is time for fiscal policy to step back, Chief Economic Adviser V. Anantha Nageswaran told The Hindu, explaining the interim Budget for 2024-25. Identifying some of the next generation reforms needed…
[ad_1] New Delhi: Union Finance Minister Nirmala Sitharaman speaks in Rajya Sabha during the Budget session of Parliament, in New Delhi, Friday, Feb. 2, 2024. | Photo Credit: PTI With an allocation of ₹22,137.95 crores in the interim budget 2024, the Micro, Small and Medium-Scale Enterprises (MSMEs) sector will see establishment of more clusters and…
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[ad_1] Union Finance Minister Nirmala Sitharaman presents the Interim Union Budget 2024 at the Lok Sabha of the Parliament House in New Delhi. | Photo Credit: ANI Union Finance Minister Nirmala Sitharaman on February 2 presented the interim budget for 2024, ahead of the upcoming general elections. With no dramatic pre-poll sops the Ms. Sitharaman…
[ad_1] Income Tax Changes Budget 2024: In the recent Budget 2024 speech, the Finance Minister kept the Section 80C tax deduction limit unchanged. The maximum limit for claiming tax benefits under Section 80C remains at Rs 1.5 lakh for the current fiscal year 2023-24 and will stay the same for individuals looking to save on…
[ad_1] International Monetary Fund (IMF) Managing Director Kristalina Georgieva | Photo Credit: REUTERS The economic success of India is grounded in the pursuit of reforms over the last years, Managing Director of International Monetary Fund (IMF) Kristalina Georgieva said on February 1 exuding confidence that it would achieve its goal of being a developed nation…
[ad_1] Harsh Goenka, Chairman, RPG Group The Finance Minister’s speech during the Vote on Account exudes confidence that our economy is on track to achieve the Hon’ble Prime Minister’s vision of becoming a ‘developed nation’ (Viksit Bharat) by 2047. The budget last year had significantly increased infrastructure spending alongside multiple welfare schemes. The results of…
[ad_1] CPI (M) leader Sitaram Yechury and CPI leader D. Raja. File photo | Photo Credit: SHIV KUMAR PUSHPAKAR In a bid to reduce the fiscal deficit, the Union government has cut down on expenditure that has led to welfare schemes and capital expenditure being curtailed and this would negatively impact future growth and economic…
