[ad_1] The Lok Sabha Monday passed the Appropriation (No. 2) Bill, 2024 by a voice vote, authorising the Centre to draw money from the Consolidated Fund of India to meet expenditure estimated for the financial year 2024-25. After a discussion on the demands for grants related to the Ministry of Fisheries, Animal Husbandry and Dairying, […]
Will protest on road if Centre does not remove GST on life, medical insurance: Mamata | Kolkata News
[ad_1] TERMING THE Centre’s decision to impose 18 per cent Good and Services Tax (GST) on life insurance and health insurance policies as “anti-people”, Chief Minister Mamata Banerjee on Friday wrote to Union Finance Minister Nirmala Sitharaman, urging her to roll it back. “Our demand to the Government of India is to roll back GST […]
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 […]
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 […]
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 […]
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 […]
Budget’s big MSME push: New credit rating mechanism for smaller units; Mudra loan limit hiked | Business News
[ad_1] Finance Minister Nirmala Sitharaman in Budget 2024-25 increased the limit of Mudra loans from Rs 10 lakh to Rs 20 lakh and introduced a new assessment model for MSME credit. Sitharaman said that for facilitating term loans to MSMEs for purchase of machinery and equipment without collateral or third party guarantee, a credit guarantee […]
Union Budget 2024 Live Updates: Indian economy expected to grow 6-7.5% in FY25, shows Economic Survey | India News
[ad_1] Union Budget 2024 Live Updates: The survey noted that the country’s economy recovered swiftly from the pandemic, with its real GDP in FY24 being 20 per cent higher than the pre-COVID, FY20 levels. India Budget 2024 Live: A day ahead of presenting the Union Budget for the upcoming year, Finance Minister Nirmala Sitharaman tabled […]
Chandigarh’s seat was not the one to be lost as it was of BJP’s: Sitharaman | Chandigarh News
[ad_1] In an apparent criticism of the BJP’s Chandigarh unit for its performance in the recently concluded Lok Sabha polls, Union Minister of Finance and Corporate Affairs Nirmala Sitharaman on Sunday during a state executive meeting said that the Union Territory’s (UT’s) seat was not supposed to be lost as it was “BJP’s seat”. Sitharaman […]