Budget Updates News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Global economic weakness and a slowing domestic economy were among the reasons Australia will report a smaller revenue increase in its federal budget for the year ended June 30 compared to recent years, the government said on Sunday. The Labor government is expected to report a budget surplus on May 14, although it flagged in March a revenue upgrade would be smaller than the year before as commodity prices fell and the labour market softened. The anticipated result was because of weakness in the global economy, a slower domestic economy, a softening labour market and lower commodity prices, ...

The Solvent and Extractors Association of India (SEA) — the umbrella body of oil extractors and solvent manufacturers — in a press statement had attributed this to the current 5.5 per cent import duty on crude palm oil.

While a few people said that they hadn't expected much from an interim budget, some hailed it and others said that the budget lacks vision.

Sitharaman was responding to a question on stability in the capital gains tax regime amid a rally in the Indian equities markets over the past three years, in a post-Budget interview with Network 18 with Editor-in-Chief Rahul Joshi.

Finance Minister Nirmala Sitharaman will present the Union Budget 2024 in Parliament today. This will be the interim budget as it comes ahead of the Lok Sabha Elections.