[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 […]
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 […]
Minorities comprise 15% of PMAY-U beneficiaries, Rajya Sabha told | India News
[ad_1] A little over 15% of the beneficiaries, who have got houses under the Pradhan Mantri Awas Yojana-Urban (PMAY-U) so far, come from religious minority communities, according to a reply by the Ministry of Housing and Urban Affairs to a question in the Rajya Sabha Monday. Replying to a question by nominated MP Satnam Singh […]
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 […]