Page 17 - Union Budget

Budget 2024 wish list: RBI to hear demands of MSMEs on Monday

Central bank wants to understand initiatives that may be viable for the sector

'Domestic flows will sustain, but will not rise meaningfully from here'

The pockets of the market in which excess exuberance can be seen will undergo a reality check of earnings and valuations, said Gautam Sinha Roy of ICICI Pru Life Insurance

Budget FY25: MSMEs may get 180 days to repay loans before NPA tag

Current bad loan classification period is 90 days

Sensex can hit 87,000 levels by year-end; stick with large-caps: Analysts

Analysts believe there is more room for an upside going ahead, but investors need to be patient as it will not be a runaway rally for the markets from here on.

Budget 2024: How can India achieve Rs 3 trillion defence production goal?

Centre has set annual defence production target of Rs 3 trillion by FY29, which would be an over three-fold jump from current levels

Union Budget 2024: Will Bengaluru be included in 50% HRA exemption?

Currently, rented houses in Delhi, Mumbai, Kolkata, and Chennai qualify for a 50% exemption from HRA, while those in other locations (non-metro) fall into the 40% category

Union Budget 2024: Key FAQs on interpreting the Budget, economic priorities

The Union Budget 2024 will detail the government's projected income, expenditure, economic priorities, and resource allocation, pivotal for charting the country's future course

Budget 2024: Tech Inc for fewer tariffs, Rs 1 trillion deeptech fund

The tech industry body also recommended removing the 2.5 per cent tariff slab to enhance ease of business in the industry

Budget 2024-25 to focus on infra expansion, fiscal consolidation: EY India

EY India said India's economy has shown 'resilience' with GDP expanding by 8.2 per cent in 2023-24 after 9.7 per cent and 7 per cent in the previous two years

Budget 2024: FinMin may revise nominal GDP growth target upwards for FY25

In FY20, the final Budget revised the nominal GDP growth target to 12 per cent from 11.5 per cent assumed in the interim Budget

Pre-budget meet: Trade bodies call for tax deduction, investment on R&D

They also sought simplification of transfer pricing regime and tweaking of Customs duty on certain products

The four pitfalls

Avoiding policy flaws more important than fulfilling India Inc's Budget wish list

SMEs divided over impact of new 45-days payment rule. Is it a boon or bane?

The new 45-day payment rule for SMEs, effective April 2024, aims to ease working capital issues. While some SMEs welcome it, others fear adverse impacts on their businesses

Union Budget 2024: Will the FM give income tax relief to the salaried class?

Budget 2024: Rise in standard deduction limit likely in new tax system

Union Budget 2024: Standard deduction represents a portion of the income that is not subject to taxation; it serves as a comprehensive allowance for tax deductions available to salaried employees

Education Budget 2024: What did FM Sitharaman say in the past five Budgets?

Education Budget 2024: The BJP-led NDA government has steadily increased its allocation towards the education sector, focusing on skilling and digitisation. Here are highlights of the last 5 years

Budget 2024: Infrastructure takes centre stage post Lok Sabha elections

With the 2024 Lok Sabha elections now concluded, all eyes are on the Union Budget, which will be announced in July. Here's a glimpse into the key infra allocations of Interim Budget 2024

Why do Andhra Pradesh and Bihar deserve special economic packages?

UP, Chhattisgarh, Jharkhand, Odisha, Rajasthan and hilly states including northeastern region also suit some of those criteria

Budget: Farm bodies for higher agri R&D spend, more PM-KISAN allotment

The farmers' groups pitched for the rationalization of fertilizer subsidies and infrastructure development to boost the sector's resilience against climate change

Budget: Special unit of 'cyber commandos' on Home Ministry's 100-day agenda

MHA also working on launching a mobile application called 'Cyberdost' for reporting and alerting users about cybercrimes