Page 18 - Union Budget

Budget 2024-25: Highway capital expenditure may rise up to 10%

Experts understand it as reasonable, given the high base the highway budget is operating on due to back-to-back bumper hikes in the previous two financial years

Budget 2024-25: New income tax regime may offer a treat to salaried class

Rationalisation of tax slabs and rate adjustments under consideration

Increase capex, simplify taxes, bring more PLI schemes: India Inc to FM

Sanjiv Puri, president of the Confederation of Indian Industry (CII), suggested that the capex spending should be increased by 25% over the revised estimate of 2023-24

Budget 2024: Renewable sector likely to get double-digit capex allocation

Union Budget 2024: Capital expenditure for renewable power may witness a double-digit allocation, with capacity expected to reach 180-gigawatt by FY26, according to a CRISIL report

Budget 2024 to have Rs 5 trillion allocation for tribal community: Minister

Union Budget 2024: In the interim budget announced on February 1, Finance Minister Nirmala Sitharaman had allocated Rs 1.3 trillion to Tribal Affairs Ministry

Budget 2024: Boost jobs, stick to fiscal goals, economists advise FM

Economists discussed measures for capacity-driven growth that should be sustainable and the need to push private sector investment and consumption to sustain the growth momentum

Budget 2024: Aviation sector gears up for expansion, DGCA funds reduced

The Directorate General of Civil Aviation (DGCA) is budgeted to receive Rs 302.64 crore, down from Rs 397.55 crore in the revised estimates for 2023-24

Modi 3.0 readies for Budget 2024: Tax reforms, economic strategies in focus

Union Budget 2024 is expected to introduce reforms in income tax structure with a focus on reducing taxes for lower income brackets to stimulate consumption

Budget 2024: SBI Chairman Khara pitches for tax relief on interest earnings

Budget 2024: The general Budget of financial year 2024-25 is expected to be tabled in the second half of July, for which the Centre is currently holding talks with various stakeholders

Budget 2024 expected to boost infra, and logistics with increased capex

Even as the industry wants a 25% increase in capex allocation in the Budget for FY 2024-25 over revised estimates for FY24, experts feel there may be limited capacity to spend on projects

Pre-Budget talks: Industry bodies suggest tax reforms to revenue secy

The PHDCCI said that the slab of 30 per cent income tax should be raised to the income of Rs 40 lakh and above. Below this, the body said, the tax rate should be kept at 20-25 per cent

Budget 2024: MSME ministry gets 'positive' feedback on 45-day payment rule

Any change in Finance Bill prerogative of finance ministry, says official

Union Budget 2024: No likely cut in fuel prices, PMAY allotment may rise

The Union Budget 2024 is expected to be announced in the third week of July. Finance Minister Nirmala Sitharaman to hold pre-budget meeting on June 20

Budget 2024: Continuity in more ways than one in FM's seventh Budget

Will there be tax breaks in the Union Budget 2024? Will there be welfare? Will there be fiscal consolidation? Budget Watch keeps a tab

Budget 2024: Will the govt provide income tax relief to salaried class?

A report by a leading national-daily claim the upcoming Budget for FY25 may emphasise tax reductions for low-income earners rather than increasing welfare expenditures

Union Budget 2024: Nirmala Sitharaman to hold pre-budget meeting on June 20

Finance Minister Nirmala Sitharaman will hold a pre-budget consultation with industry stakeholders on June 20. Here's what to expect

MHI draws up three proposals for FAME-III scheme budget firepower

Proposals range from Rs 12.6K-30K cr but FinMin reluctant to allocate more than Rs 10K cr

Street signs: Nifty hits a speed hump, MF industry on tax tightrope, more

The mutual fund (MF) industry is concerned that the upcoming Union Budget may bring another tax blow

Stable govt, policy continuity, Budget: Why Nomura is positive on India

The confidence stems from the NDA government taking charge at the Centre which, Nomura believes, appears to be stable, primarily due to the major number of seats held by BJP in the coalition govt

A full Budget, implementing pending reforms to keep finance minister busy

While the ministry has started work on the Budget, it is expected to begin industry consultations