- India
Union Budget 2024-25: FM announces Rs 1,000 crore VC fund for space sector
New Delhi: The government will set up a venture capital fund of Rs 1,000 crore to promote space technology, Finance Minister Nirmala Sitharaman said on Tuesday, an announcement welcomed warmly by the…
- India
Govt unveils Rs 1.52 lakh crore agri push; focus on research, sustainability, tech integration
New Delhi: Finance Minister Nirmala Sitharaman on Tuesday announced a Rs 1.52 lakh crore allocation for agriculture and allied sectors in 2024-25, outlining a comprehensive plan to boost research, promote sustainable farming,…
- News
Budget 2024-25: Jammu and Kashmir gets Rs 42,277.74 crore
New Delhi: The Centre has allocated Rs 42,277.74 crore to Jammu and Kashmir in the Union Budget for 2024-25, a nominal hike of 1.2 per cent from the Rs 41,751.44 crore given…
- India
Budget 2024-25: Centre proposes Rs 26,000 crore for road projects in Bihar
New Delhi: The Centre on Tuesday proposed an outlay of Rs 26,000 crore for various road projects in Bihar. In her Budget for 2024-25, Finance Minister Nirmala Sitharaman said the Union government…
- Andhra Pradesh
‘Special allocations’ made to Andhra Pradesh in Union Budget after five years: TDP
Amaravati: The Telugu Desam Party (TDP) on Tuesday said “special allocations” were made to Andhra Pradesh in the Union Budget after five years, citing “commitments” announced for the Polavaram Project, industrial corridors…
- India
FM announces cut in corporate tax on foreign companies to 35 per cent
New Delhi: Finance Minister Nirmala Sitharaman on Tuesday announced a reduction in the corporate tax rate on foreign companies to 35 per cent to attract foreign capital flow. Budget 2024-25 has proposed…
- India
Budget 2024-25: Govt proposes to fully exempt 3 cancer drugs from customs duty
New Delhi: The government on Tuesday proposed to fully exempt three cancer medicines from custom duties. “To provide relief to cancer patients, I propose to fully exempt three more medicines from customs…
- India
Budget 2024-25: CBI gets Rs 951 crore, slight dip from last year
New Delhi: The Centre has allocated over Rs 951 crore to the country’s premier probe agency Central Bureau of Investigation in Budget 2024-25 announced on Tuesday, a slight dip of over 1.79…
- Andhra Pradesh
Budget 2024-25: Centre unveils Rs 15,000 crore for capital development in AP
New Delhi: Finance Minister Nirmala Sitharaman on Tuesday announced Rs 15,000 crore for the development of Andhra Pradesh’s capital city this fiscal, addressing long-standing commitments under the Andhra Pradesh Reorganization Act. Presenting…
- India
Centre’s ‘no’ to special status for Bihar evokes cryptic response from Nitish
Patna: Bihar Chief Minister Nitish Kumar on Tuesday came out with a cryptic response to the Centre’s refusal to grant special category status to the state. Kumar, whose JD (U) is a…
- India
Relief for salaried class under new tax regime; 50 per cent hike in standard deduction
New Delhi: In sops for the middle class, Finance Minister Nirmala Sitharaman on Tuesday hiked standard deduction by 50 per cent to Rs 75,000 and tweaked tax slabs under the new income…
- India
Govt extends financial support for flood mitigation, irrigation projects
New Delhi: Finance Minister Nirmala Sitharaman on Tuesday announced a comprehensive financial support plan of Rs 11,500 crore to enhance flood control measures and irrigation projects across several states. Presenting the Budget…
- Business
Glad to know Hon’ble FM has read Congress manifesto: Chidambaram
New Delhi: After Union Finance Minister Nirmala Sitharaman introduced many schemes while presenting the Budget on Tuesday, former Finance Minister P. Chidambaram said that he is glad to know that the Finance…
- Business
FDI rules will be simplified, says Sitharaman in Budget speech
New Delhi: Seeking to attract more funds into the country, Finance Minister Nirmala Sitharaman on Tuesday said rules for Foreign Direct Investment (FDI) will be simplified. Presenting the Union Budget 2024-25, the…
- India
Govt to abolish angel tax on investments in startups
New Delhi: Finance Minister Nirmala Sitharaman on Tuesday announced abolishing angel tax for all classes of investors in startups. In her Budget speech, she also announced various changes with respect to tax…
