New Delhi: The government's gross tax revenue is projected to grow 11.46 per cent to Rs 38.31 lakh crore in the next fiscal, buoyed by 11.6 per cent growth in GST collections. Goods and Services Tax (GST) collection in 2024-25 is estimated to rise to...
New Delhi: The size of Budget 2024-25 has increased 6.1 per cent to Rs 47.66 lakh crore because of a rise in expenditure and higher allocation for capital expenditure and social sector schemes. "The Revised Estimate of the total receipts other than borrowings is Rs...
Chennai: Out of the two strategic sectors – space and atomic power, a higher budgetary allocation has been proposed for one and lower for the other, as compared to previous year, in the Interim Budget presented by Finance Minister Nirmala Sitharaman Thursday. As per the...
New Delhi: For every rupee in the government coffer, 63 paise will come from direct and indirect taxes, 28 paise from borrowings and other liabilities, 7 paise from non-tax revenue like disinvestment and 1 paise from non-debt capital receipts, according to the interim Budget 2024-25...
New Delhi: Finance Minister Nirmala Sitharaman Thursday said Pradhanmantri Suryodaya Yojana will enable one crore families to get up to 300 units of free electricity every month and help them save up to Rs 18,000 annually. Prime Minister Narendra Modi had announced the 'Pradhanmantri Suryodaya...
New Delhi: The Union Cabinet Thursday approved an investment treaty with the United Arab Emirates (UAE) that is likely to significantly boost bilateral economic engagement in a range of areas, including manufacturing and foreign direct investment (FDI). The approval for the signing and ratification of...
New Delhi: The government will raise Rs 14.13 lakh crore from the market by issuing dated securities in 2024-25, Finance Minister Nirmala Sitharaman said Thursday. Presenting the interim Budget 2024-25, Sitharaman said GST has reduced the compliance burden, and the average monthly GST collection doubled...
New Delhi: Finance Nirmala Sitharaman presented the Interim Union Budget 2024-25 in Parliament Thursday. Some of the key highlights of the budget are social justice, Garib Kalyan, Desh ka Kalyan, Welfare of ‘Annadata’, and Momentum for Nari Shakti. On Infrastructure, she said that the capital...
New Delhi: Finance Minister Nirmala Sitharaman Thursday said projects for port connectivity, tourism infrastructure and amenities will be taken up "on our islands, including Lakshadweep" to address the "emerging fervour" for domestic tourism in the country. While presenting the interim Union Budget, she also said...
New Delhi: The government Thursday pegged disinvestment target for 2024-25 fiscal at Rs 50,000 crore in the Interim Budget for 2024-25, up from Rs 30,000 crore in the revised estimate for the current financial year. During the current fiscal (2023-24), the revised estimates of disinvestment...
A recent video of IAS officer Tina Dabi bowing repeatedly to BJP leader Satish Poonia has gone viral, sparking a...
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It’s now over two and half years since Russia invaded Ukraine and the war between the two countries is now...
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Voters in Japan have spoken and delivered the loud and clear message to the ruling coalition that they cannot be...
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One of the key indicators of the health of an economy is the size of its middle class. A burgeoning...
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