During the recent Budget speech, Finance Minister Nirmala Sitharaman revised the projection for direct tax collections in FY24 to Rs 19.45 lakh crore, reflecting an increase from the initial estimate of Rs 18.20 lakh crore....
The recent interim Budget announcement regarding the extension of tax benefits for startups until March 2025 has garnered praise from industry leaders. This move reflects the government's steadfast commitment to fostering a conducive environment for startup growth and sustainable investments, hailed as a progressive and...
New Delhi: The Indian government, aiming to accelerate the adoption of solar energy across the nation, has announced a substantial increase in subsidy rates for rooftop solar installations under the proposed Pradhan Mantri Suryoday Yojana. Union Minister for New and Renewable Energy, RK Singh, revealed...
The Indian Union Budget 2024 brought unexpected yet significant developments for the startup and technology industries, signaling a pivotal moment for the nation's progress....
This recap provides a comprehensive overview of the government's fiscal priorities in the coming months. Focused on economic recovery and sustainable growth, the budget allocates substantial funds to key sectors such as healthcare, education, and infrastructure. A significant emphasis was placed on addressing the challenges...
Finance Minister Nirmala Sitharaman unveiled the interim budget for 2024-25, with a focus on development across all sectors and inclusivity. The capital expenditure target for FY25 is set at Rs 11.1 lakh crore, marking an 11.1% increase. The government aims to transform the country into...
The Interim Budget 2024-2025 was unveiled by Finance Minister Nirmala Sitharaman on Thursday amid a challenging economic climate, including inflation and potential GDP growth slowdown in FY25. The budget, presented in Parliament, aims to expand upon the progress made in previous budgets and the vision...
The Union Budget 2023 was unveiled by Finance Minister Nirmala Sitharaman on Wednesday amid a challenging economic climate, including inflation and potential GDP growth slowdown in FY24. The budget, presented in Parliament, aims to expand upon the progress made in previous budgets and the vision...
The Indian Constitution defines the Finance Bill as a Money Bill, and it contains the tax proposals put forth by the government. This bill outlines changes in existing taxes, new taxes, expenditures, revenues, and government borrowings, and is a crucial component of the Union Budget....
Nirmala Sitharaman, the finance minister, launched the presentation of the Modi government’s last full budget with these words: “This is the first budget of Amrit Kaal”. She stated that the world recognizes India’s economy as a shining example, with a 7% growth in the current...
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