[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 […]
Union Budget: FM Nirmala Sitharaman slashes Customs duties on several items | Business News
[ad_1] Presenting the Union Budget 2024-25, Finance Minister Nirmala Sitharaman on Tuesday announced a reduction in Customs duty on a range of input materials such as critical minerals, electronics, chemicals, and precious metals, among others. The government has focused on streamlining Customs duties to enhance revenue and support domestic manufacturing, she added. To enhance domestic […]
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 […]
Parliament Budget Session 2024 Live Updates: Nirmala Sitharaman to table economic survey today | India News
[ad_1] Parliament Budget Session 2024 Live Updates: Union Finance Minister Nirmala Sitharaman will present the Union Budget on Tuesday, which will be the first Budget in Prime Minister Narendra Modi’s third term. (X/Finance Ministry) Union Budget Session 2024 Live, July 22: The Monsoon Session of Parliament kicks off today with Union Finance Minister Nirmala Sitharaman […]