New Delhi: For every rupee in the government coffer, the biggest pie of 63 paise will come from direct and indirect taxes, according to the Union Budget 2024-25 documents. The remaining 27 paise will come from borrowings and other liabilities, 9 paise from non-tax revenue...
New Delhi: The government will set up a venture capital fund of Rs 1,000 crore to promote space technology, Finance Minister Nirmala Sitharaman said Tuesday, an announcement welcomed warmly by the industry. Several stakeholders, including the Indian Space Association (ISpA) as well as the heads...
New Delhi: The government Tuesday proposed to fully exempt three cancer medicines from custom duties. "To provide relief to cancer patients, I propose to fully exempt three more medicines from customs duties," Finance Minister Nirmala Sitharaman said while presenting the Union Budget for 2024-25 in...
New Delhi: Finance Minister Nirmala Sitharaman Tuesday announced Rs 15,000 crore for the development of Andhra Pradesh's capital city this fiscal, addressing long-standing commitments under the Andhra Pradesh Reorganization Act. Presenting the Budget for 2024-25, Sitharaman outlined a comprehensive plan that addressed key issues faced...
New Delhi: In a big push for employment, skilling and other opportunities, Finance Minister Nirmala Sitharaman Tuesday announced an outlay of Rs 2 lakh crore for several schemes targeting 4.1 crore youth in the Budget for 2024-25. In her Budget speech, Sitharaman said 'employment and...
New Delhi: The Union Budget 2024-25 on Tuesday allocated Rs 2,19,643 crore to the Ministry of Home Affairs with the majority of it -- Rs 1,43,275 crore -- being given to central police forces like the CRPF, BSF, and CISF which are responsible for internal...
New Delhi: Finance Minister Nirmala Sitharaman has delivered a growth-oriented inclusive Budget maintaining fiscal discipline with a focus on job creation, India Inc said Tuesday. Reacting to measures announced in the maiden Budget of Modi 3.0 government, they said it balances equitable growth with fiscal...
New Delhi: In sops for the middle class, Finance Minister Nirmala Sitharaman Tuesday hiked standard deduction by 50 per cent to Rs 75,000 and tweaked tax slabs under the new income tax regime to provide more money in the hands of salaried class with a...
Mumbai: Stock market benchmarks Sensex and Nifty tanked after Finance Minister Nirmala Sitharaman announced a hike in STT (Securities Transaction Tax) on F&O (Futures and Options) securities. The 30-share BSE Sensex jumped as soon as Finance Minister Nirmala Sitharaman began presenting the Budget for 2024-25....
New Delhi: The government Tuesday said it will set up an 'Anusandhan National Research Fund' to support basic research and prototype development in universities, colleges, research institutions, and R&D laboratories. A mechanism to spur private sector-driven research and innovation at commercial scale will also be...
On paper the BRICS summit being held in Kazan, Russia, from 22 October to 24 October aims at strengthening multilateralism...
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In electoral politics the ruling dispensation often tries to offset the anti-incumbency mood of the electorate by changing the head...
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A Bangladeshi court ordering an arrest warrant against Sheikh Hasina on 17 October has only aggravated New Delhi’s predicament vis-à-vis...
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The international rules-based order is a euphemism for the jungle rule that defines global power politics. “The strong do what...
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