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Page 2 - Budget 2024

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'

Budget 2024 is an economists' Budget, says Citigroup MD Samiran Chakraborty
Updated On : 31 Jul 2024 | 5:18 PM IST

Budget a right start to resolve jobs issues: Experts at 'Budget with BS'

At the 'Budget with BS' event in Mumbai on Wednesday, economic experts shared their perspectives on the recently introduced Budget during an insightful panel discussion with Business Standard

Budget a right start to resolve jobs issues: Experts at 'Budget with BS'
Updated On : 31 Jul 2024 | 5:01 PM IST
Updated On : 31 Jul 2024 | 2:29 PM IST

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

As Assembly polls loom in 4 states, PM faces middle class' ire over Budget
Updated On : 31 Jul 2024 | 2:01 PM IST

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

Union Budget 2024: How Key changes in TDS rates simplify life for taxpayers
Updated On : 31 Jul 2024 | 11:42 AM IST

Capital gains tax changes may impact investment behaviour: Rashesh Shah

Buyback and tax-free dividend had a gap and an equalisation was needed. Volumes in F&O trading had gone up rapidly and, in a way, the increase in STT on F&O will protect investor interest, he said

Capital gains tax changes may impact investment behaviour: Rashesh Shah
Updated On : 31 Jul 2024 | 10:11 AM IST

Capital gains tax, valuation woes: No stopping the mid, smallcap bulls

From the July 23 Budget 2024-day low, the midcap and the smallcap indices on the BSE have seen a surge of over 6 per cent and 7 per cent respectively

Capital gains tax, valuation woes: No stopping the mid, smallcap bulls
Updated On : 30 Jul 2024 | 10:24 PM IST

India's gold demand drops 5% in June quarter; up 14% in value term: Report

Gold demand India: Gold prices, meanwhile, surged 18 per cent year-on-year (YoY) in the June 2024 quarter to $2,338.2 an ounce (oz), and were up nearly 13 per cent when compared with the December 2023

India's gold demand drops 5% in June quarter; up 14% in value term: Report
Updated On : 30 Jul 2024 | 10:07 PM IST

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.

Union Budget 2024-25, J&K Budget passed in Lok Sabha by voice vote
Updated On : 30 Jul 2024 | 7:15 PM IST

India has overcome after-effects of pandemic with capex push: FM Sitharaman

Nirmala Sitharaman said that not mentioning a state in the Budget speech does not mean that it will not be given any financial support, referring to the Opposition's charge on Bihar and Andhra

India has overcome after-effects of pandemic with capex push: FM Sitharaman
Updated On : 30 Jul 2024 | 5:43 PM IST

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"

Indians are Arjun, will break Modi's chakravyuh: Rahul Gandhi's fresh salvo
Updated On : 30 Jul 2024 | 3:57 PM IST

WATCH: Desh ka halwa bat raha hai, says Rahul Gandhi; Sitharaman face-palms

Addressing the Parliament on Budget 2024, Rahul Gandhi said the Centre failed social groups such as the farmers and youth, and double stabbed the middle class of India through 'tax terrorism'

WATCH: Desh ka halwa bat raha hai, says Rahul Gandhi; Sitharaman face-palms
Updated On : 30 Jul 2024 | 10:05 AM IST

Explained: How new tax rules impact your mutual fund investments

The Union Budget 2024 introduced significant changes in the taxation of mutual funds, impacting both short-term and long-term capital gains.

Explained: How new tax rules impact your mutual fund investments
Updated On : 30 Jul 2024 | 9:58 AM IST

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

How Modi govt's recently announced tax plan is squeezing the middle class
Updated On : 30 Jul 2024 | 9:50 AM IST

FM Nirmala Sitharaman to review RRBs' performance after Budget session

The RRBs were established in 1975 under the provisions of the Ordinance promulgated on September 26, 1975, and the Regional Rural Banks Act, 1976

FM Nirmala Sitharaman to review RRBs' performance after Budget session
Updated On : 29 Jul 2024 | 10:44 PM IST

New fiscal policy questions

India needs a fiscal road map consistent with the objectives of faster debt reduction

New fiscal policy questions
Updated On : 29 Jul 2024 | 10:16 PM IST

Essential guide for traders on F&O trading tax reporting

If you have both F&O gains and losses in a financial year, declaring the losses allows you to offset them against the gains, reducing the overall tax liability on F&O transactions

Essential guide for traders on F&O trading tax reporting
Updated On : 29 Jul 2024 | 5:59 PM IST

Unemployment rate will drop below 3%, no concern for job losses: Mandaviya

Union Labour Minister Mansukh Mandaviya assured the Lok Sabha that employment generation efforts by Prime Minister Narendra Modi has led to significant reduction in the unemployment rate

Unemployment rate will drop below 3%, no concern for job losses: Mandaviya
Updated On : 29 Jul 2024 | 4:12 PM IST

Like Abhimanyu, India trapped in new chakravyuh: Rahul Gandhi on Budget

Budget 2024: The govt has stabbed the middle class both in the chest and in the back with this Budget, said the leader of the Opposition in Lok Sabha, Rahul Gandhi

Like Abhimanyu, India trapped in new chakravyuh: Rahul Gandhi on Budget
Updated On : 29 Jul 2024 | 3:00 PM IST

K'taka CM accuses Sitharaman of lying, says BJP tainting state as corrupt

Karnataka Chief Minister Siddaramaiah on Monday accused Union Finance Minister Nirmala Sitharaman of "lying" as he targeted her and the BJP-led NDA government at the Centre for meting out 'injustice" to the State in the recent Union Budget. He alleged that the BJP was trying to taint the Congress-ruled Karnataka as a "corrupt state." The Chief Minister also said that he and Deputy Chief Minister D K Shivakumar will be travelling to New Delhi as they have been called by the Congress high command to "discuss the party and the government" but did not elaborate. "Pre-budget meeting was called, we had said there that you (Centre) have said that you will give Rs 5,300 crore for the Upper Bhadra project. Is it there in the Budget? It is not given. The fifteenth finance commission in its report has recommended Rs 5,495 crore as special grants, is it there? It was said that Rs 3,000 crore will be given for the peripheral ring road (in Bengaluru). It was promised to give Rs 3,000 crore for ..

K'taka CM accuses Sitharaman of lying, says BJP tainting state as corrupt
Updated On : 29 Jul 2024 | 2:50 PM IST