Budget 2024 News

Pre-Budget meet: MSME stakeholders seek tech upgrade, PLI benefits, GST cut

The meeting aimed to seek inputs and suggestions for the Budget for 2025-26, expected to be presented on February 1

Union Budget 2025-26: Economists stress need for manufacturing policy

Call for reining in food inflation and raising investment in pre-Budget talks

Finance minister Sitharaman to begin pre-Budget consultation from Friday

Sitharaman, who will chair these meetings, will seek their inputs regarding upcoming Budget amid seven-quarter low GDP print of 5.4 per cent in second quarter of the current financial year.

Andhra Pradesh govt presents Rs 2.9 trn budget; see all major allocations

The estimated revenue deficit stands at Rs 34,743 crore (2.12 per cent of the GSDP), while the fiscal deficit is estimated at Rs 68,743 crore (4.19 per cent of the GSDP)

With four months left in FY25, Andhra govt to table Budget on Monday

The budget is expected to be presented with just over four months remaining in the FY 2024-25

Amnesty scheme for customs, easier taxes on India Inc's Budget wishlist

Industry body FICCI sought the introduction of an "amnesty scheme under customs" as a one-time settlement scheme to clear past dues

Maha's pre-Budget welfare schemes unlikely to dent state finances: ICRA

ICRA Ratings' chief economist Aditi Nayar also expects that there will not be a "runaway increase" in spending even though the "rhetoric may be very high"

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