Tag: Budget

Nadda says budget allocation for health went up by 164% in 2024 from 2013-2014 | India News

[ad_1] The budgetary allocation for health has seen a “remarkable” increase by 164% to `90,958 crore in 2024 from `33,278 crore in 2013-14, Union Health Minister JP Nadda said Monday. Replying to discussion on Demands for Grants of Ministry of Health and Family Welfare, Nadda said this shows the commitment to prioritising healthcare and well-being […]

Today in Politics: PM Modi to attend Governors’ conference; first Chandrababu Naidu Cabinet meet after Union Budget | Political Pulse News

[ad_1] President Droupadi Murmu will preside over a two-day conference of Governors beginning Friday in which issues such as the implementation of the three new criminal laws, reforms in higher education and development in tribal areas will be discussed. This will be the first conference of Governors to be presided over by Murmu, officials said. […]

Budget 2024: A clear goal, with hazy roadmap

[ad_1] The Budget has set out in detail its objectives and the action plans to achieve them. While the broad objectives are clear, the roadmaps to achieve the objectives, as spelt out in the Finance Minister’s speech, are hazy. The impact of the Budget depends upon how effectively the projects are implemented. This is particularly […]

What is indexation in calculating long term capital gains tax? Does the removal of indexation benefit in the Budget mean you will pay more tax? | Explained News

[ad_1] The changes in the long-term capital gains (LTCG) tax regime, particularly the withdrawal of the indexation benefit, has emerged as one of the most contentious decisions announced in the Union Budget for 2024-25. The announcement initially led to confusion and trepidation among various sections, prompting the government to issue a string of clarifications and […]

Top 500 firms likely to get ‘quota’ for interns based on CSR spend | Business News

[ad_1] THE GOVERNMENT plans to talk to the top 500 companies and mutually agree on a “voluntary quota system” for taking on board interns under the employment package announced in the Budget 2024-25. The “quota system” would be based on the Corporate Social Responsibility (CSR) expenditure of these companies, Finance Secretary TV Somanathan told The […]

Maharashtra onion belt gets no relief in Union Budget, farmers vow repeat of LS poll blow to BJP | Political Pulse News

[ad_1] The NDA which suffered a setback in the onion belt of Maharashtra in the recent Lok Sabha polls, winning only one of six seats – largely due to a ban on the export of the crop – could be in for more tears in the Assembly polls as traders and farmers expressed their disappointment […]

Health sector | Customs duty cut on 3 cancer drugs: Hope for patients | India News

[ad_1] In her Budget speech Tuesday, Finance Minister Nirmala Sitharaman said, “To provide relief to cancer patients, I propose to fully exempt three more medicines from customs duties,” she said, referring to trastuzumab deruxtecan, osimertinib and durvalumab, three targeted therapy drugs with effective treatment outcomes that work by precisely identifying and inhibiting the growth of […]

PMGSY stretches into 4th phase: 25,000 villages to be linked with all-weather roads | India News

[ad_1] Finance Minister Nirmala Sitharaman announced Phase IV of Pradhan Mantri Gram Sadak Yojana (PMGSY) to connect 25,000 villages with all-weather roads, and allocated an outlay of Rs 19,000 crore for the financial year 2024-25. She also announced three crore additional houses under Pradhan Mantri Awas Yojana in rural and urban areas. Of these, 2 […]

Budget 2024: From divestment to kickstarting private investment, the many silences | Business News

[ad_1] THE SLUGGISH PACE of investments by Corporate India has been possibly the biggest policy conundrum leading up to the first Budget of the NDA government’s third term under Prime Minister Narendra Modi. However, the Union Budget speech for 2024-25 is silent on why private sector investments haven’t quite commenced despite the corporate tax breaks […]

Market watchers slam hike in long term capital gains tax, say will discourage savings, investments | Pune News

[ad_1] Market watchers said Union Finance Minister Nirmala Sitharaman’s move to hike long term capital gains (LTCG) tax from 10 per cent to 12.5 per cent will discourage savings and investments. “Just when the stock market has been having a good run for a long time, the news dampened the spirits… It is an unnecessary […]

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