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Budget 2024 LIVE updates: What auto sector expects from FM Sitharaman?

Budget 2024 LIVE updates: On February 1, Union finance minister Nirmala Sitharaman will present the final budget of the Narendra Modi govt's second term.

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Budget 2024-25: Key Income Tax Rules That Taxpayers Should Know Ahead of Interim Budget

Income tax is a key source of revenue for the government and is used to fund public services, infrastructure, and various welfare programs. In India, income tax is typically calculated as a percentage of an individual's or entity's taxable income, and the rates may vary based on the income level and the nature of the income. Budget 2024-25: Key Income Tax Rules That Taxpayers Should Know Ahead of Interim Budget.

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Budget 2024 LIVE updates: 'Halwa' ceremony held, 'lock-in' period kicks in for officials

Budget 2024 LIVE updates: On February 1, Union finance minister Nirmala Sitharaman will present the budget for FY 2024-25.

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Budget expectations: Budget 2024: Sitharaman may significantly enhance allocation for farm sector schemes

The government is likely to significantly enhance allocation for key farm sector schemes and push credit in the interim Budget to boost rural economy. Growth in the agriculture sector is projected to decelerate to 1.8% in 2023-24. The government is also likely to announce a substantial increase in the agricultural credit target to Rs 22-25 lakh crore for the next fiscal.

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Budget PLI schemes: Budget 2024: Is Modi govt's pet scheme still strong enough to make India a manufacturing giant?

Interim budget: India's Production-Linked Incentive (PLI) scheme, launched in 2020, aims to boost manufacturing, decrease imports, and increase exports. While critics, including former RBI governor Raghuram Rajan, question its effectiveness, the Commerce and Industry Ministry reports over Rs 95,000 crore invested and 746 approved applications till November 2023. The proposed industrial policy seeks to enhance competitiveness and identify areas of cost advantage over China.

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Union Budget 2024-25 Date and Time: Know All About the Day When Finance Minister Nirmala Sitharaman Will Present the Interim Budget

A brief Budget session of Parliament, the last of the 17th Lok Sabha, will be held between January 31 and February 9, Parliamentary Affairs Minister Pralhad Joshi informed on X. The new government, which will be sworn in after the Lok Sabha polls expected in April-May, will present a full-fledged budget. 📝 Union Budget 2024-25 Date and Time: Know All About the Day When Finance Minister Nirmala Sitharaman Will Present the Interim Budget.

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Budget 2024: "Election impact likely but fiscal health constraints to restrain generosity"

The interim FY25 Budget is anticipated to demonstrate improved fiscal balances as well as capex, especially with the upcoming elections, said Phillip Capital, but it does not see scope for massive pre-poll stimulus considering fiscal targets that the government wants to achieve by FY26.

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