Jul 24, 2024, 5:22 pm IST
Budget 2024 Live Updates: Ashish Singhal, Co-founder, Lemonn and CoinSwitch
"We welcome the Union Budget 2024-25 as a pro-development budget bringing great news for startups. As a founder and angel investor, I’m thrilled that the Angel Tax has been abolished. This will significantly bolster the entrepreneurial ecosystem in India."
Jul 24, 2024, 5:21 pm IST
Budget 2024 Live Updates: Kunal Rishi, COO, Paras Buildtech
"In this landmark budget, the government has demonstrated a strong commitment to propelling India towards a 'Viksit Bharat'. The measures announced, particularly the encouragement to states to moderate stamp duties and the consideration of reduced duties for properties purchased by women, are significant steps forward."
Jul 24, 2024, 4:16 pm IST
Budget 2024 Live Updates: Yashank Wason, Managing Director, Royal Green Realty
"The budget for this year is one that exemplifies the government's push towards infrastructure development. We welcome the government's decision to construct Plug and Play Industrial Parks across 100 Indian cities and 12 Industrial Parks under the Industrial Corridor Scheme."
Jul 24, 2024, 3:59 pm IST
Budget 2024 Live Updates: Aditya Kushwaha, CEO and Director, Axis Ecorp
“We welcome the progressive, forward-thinking and comprehensive Budget 2024. The allocation of ₹11.11 lakh crore for capital expenditure, representing 3.4% of India's GDP, clearly reflects the government's robust commitment to infrastructure enhancement."
Jul 24, 2024, 3:42 pm IST
Budget 2024 Live Updates: Gaurav Malhotra, MD, Hansgrohe India
"We welcome the new budget's focus on manufacturing capacity and the introduction of enabling policies and regulations for efficient and transparent rental housing markets. This approach aims to drive growth in housing and related industry segments, particularly in emerging cities."
Jul 24, 2024, 3:30 pm IST
Budget 2024 Live Updates: Harshit Aggarwal, CEO and Founder Novamax Appliances
"We are extremely pleased with the government's recent union budget announcement, which promises to significantly boost the manufacturing sector and drive economic growth."
Jul 24, 2024, 3:12 pm IST
Budget 2024 Live Updates: Sandeep Bagla, CEO TRUST Mutual Fund
"In the Budget announcements today, the fiscal deficit stands reduced to 4.9%, but the financing of the deficit through Government securities remains largely unreduced. The increase in capital gains for listed securities increases Government's share in future capital gains."
Jul 24, 2024, 2:42 pm IST
Budget 2024 Live Updates: Monu Ratra, ED and CEO , IIFL Home Finance Limited
"It’s a very inclusive budget which will enable employment generation, boost the MSME sector, enhance agricultural outputs, and provide the much required flip to the housing industry at large."
Jul 24, 2024, 2:40 pm IST
Budget 2024 Live Updates: Mohit Goel, Managing Director of Omaxe
"Budget 2024 stands out for its people-centric vision and powerfully advancing affordable housing in urban areas with a landmark allocation of Rs. 10 lakh crore under the PM Awas Yojana-Urban 2.0. As it targets to meet the housing needs of 1 crore poor and middle-class families, it is expected to boost affordable housing segment and create millions of jobs in the process."
Jul 24, 2024, 2:39 pm IST
Budget 2024 Live Updates: Naina Parekh, Founder, EUME
"The Union Budget 2024-2025 brings several transformative changes for the growing D2C sector. The reduction of the TDS rate for e-commerce operators from 1 percent to 0.1 percent likely to ease their financial burdens for e-commerce businesses, allowing them to concentrate more on scaling their operations and driving innovation."
Jul 24, 2024, 2:19 pm IST
Budget 2024 Live Updates: Anurag Mittal, Head of Fixed Income of UTI AMC
"The FY25 budget continued on its prudence from the interim budget despite a higher welfare outlay with fiscal deficit further revised to 4.9% from 5.1% in the interim budget & 5.6% in FY24. Intention to reduce deficit below 4.5% for FY25 also bodes well for the bond market in the medium term."
Jul 24, 2024, 2:02 pm IST
Budget 2024 Live Updates: Vikram Chhabra, Senior Economist, 360 ONE Asset
"The budget has focused on employment creation, supporting MSMEs, rural development, boosting the green economy, housing for the poor, and supporting innovation. It has effectively addressed the employment situation through multiple employment-generation incentives and schemes announced in the budget."
Jul 24, 2024, 1:50 pm IST
Budget 2024 Live Updates: Kirang Gandhi, Personal Financial Mentor
"The Union Budget 2024 sets the stage for 'Vikshit Bharat 2047,' aiming to create a prosperous, inclusive, and technologically advanced nation. The substantial investments in infrastructure, renewable energy, and digital innovation are pivotal in driving sustainable economic growth and enhancing India’s global competitiveness."
Jul 24, 2024, 1:29 pm IST
Budget 2024 Live Updates: Ashish Kumar, smallcase Manager & Founder of StoxBazar
“The Union Budget 2024 focuses on growth and stability, with significant allocations for job creation, urban housing, and agriculture. Key changes include a hike in the Standard Deduction to ₹75,000, simplified capital gains taxation, and the abolition of the angel tax."
Jul 24, 2024, 12:38 pm IST
Budget 2024 Live Updates: Rajesh Rokde, Vice Chairman, All India Gem & Jewellery Domestic Council
"We admire Finance Minister Nirmala Sitharaman ji’s Union Budget presented today, which stands out in several ways. Notably, after persistent efforts from GJC, the government has reduced customs duties on gold and silver to 6 % and on platinum to 6.4%."
Jul 24, 2024, 12:08 pm IST
Budget 2024 Live Updates: Saiyam Mehra, Chairman, All India Gem & Jewellery Domestic Council
"The reduction in the basic customs duty on gold and silver to 6% and on platinum to 6.4% is a commendable move by the government. The customs duty reduction will benefit domestic jewellery manufacturers, especially small and medium enterprises, encouraging them to transition gradually to the formal channel."
Jul 24, 2024, 12:07 pm IST
Budget 2024 Live Updates: Rohit Pateria, Co-Founder, Lark Finserv
"One of the most significant announcements in the Budget 2024-25 is the abolition of the Angel Tax. This move is expected to provide major relief to startup investors, fostering a more conducive environment for investment."
Jul 24, 2024, 11:11 am IST
Budget 2024 Live Updates: Sonam Srivastava, smallcase Manager and Founder, Wright Research
“The government's announcement to build 3 crore additional houses is a major boon for both housing finance companies and cement companies. Housing finance firms stand to benefit from a surge in loan demand as more people seek to own homes."
Jul 24, 2024, 10:22 am IST
Budget 2024 Live Updates: Divam Sharma, smallcase Manager, CEO and Co-Founder - Green Portfolio
“The budget is in sync with the expectations of being a populist. There have been announcements for spreading prosperity among the larger population of the society. The spending on agriculture, infrastructure development, skilling, and startups has the potential to create a multiplier impact on the economy and can unveil the animal instincts of consumption participation coming from the broader population."
Jul 24, 2024, 9:20 am IST
Budget 2024 Live Updates: Bhuvan Rustagi, Co-Founder and COO of Per Annum
"This is an optimistic development that will likely encourage involvement from angel investors in the startup ecosystem. It will provide more opportunities and motivation for these investors. It is not only helpful in funding startup businesses but also promotes an environment where entrepreneurs feel encouraged to start their ventures."
Jul 24, 2024, 9:19 am IST
Budget 2024 Live Updates: Aamar Deo Singh, Sr. Vice President of Research, Angel One Ltd
"Govt's big push on Job creation in the manufacturing sector - This initiative will reimburse employers up to Rs 3,000 per month for two years towards EPFO contributions for each additional employee, aiming to incentivize the additional employment of 50 lakh people."
Jul 24, 2024, 9:18 am IST
Budget 2024 Live Updates: Santosh Meena, Head of Research, Swastika Investmart Ltd
"The 2024 budget presents a mix of expected and surprising measures. While capital expenditure and the fiscal deficit target remain steady, significant changes to tax policies, particularly the increases in LTCG, STCG, and STT, are likely to impact market sentiment."
Jul 24, 2024, 9:17 am IST
Budget 2024 Live Updates: Divyam Shah, Director of Euro Panel Products Limited
“The centre’s renewed interest in maintaining its focus on infrastructure development in the Union Budget is a gratifying sight. The construction of several key road connectivity projects, including highways and others, along with a new airport in Bihar and across India aligns with Eurobond’s long-term objectives."
Jul 24, 2024, 9:17 am IST
Budget 2024 Live Updates: Prithviraj Kothari, Managing Director of RiddiSiddhi Bullions Limited
"The finance minister has announced a reduction in BCD (Basic Customs Duty) in Gold and Silver from 10% to 6%. Adding 5% of the AIDC (Agriculture Infrastructure and Development Cess), which remains unchanged, the total import duty on gold and silver has been reduced from 15% to 11%."
Jul 24, 2024, 8:31 am IST
Budget Live Updates: Focus on job creation to boost affordable housing
Anuj Puri, Chairman - ANAROCK Group: The focus on rural and urban job creation, if effective, may provide some boost to affordable housing, which has given a tepid performance since the pandemic. The move can help stir up housing demand in not just the top 7 cities but also the tier 2 and 3 cities.
Jul 24, 2024, 8:28 am IST
Budget 2024 Live Updates: Budget To Bring Efficiency In Onboarding Farmers As Borrowers
Vishal Sharma, Cofounder & CEO, AdvaRisk, an ICICI and NABARD-backed Fintech startup: I believe the proposal will not just bring efficiency in onboarding farmers as borrowers but also reduce instances of defaults. Besides, the abolishing of angel tax on startups will leave entrepreneurs with more capital to develop their businesses and will encourage the startup ecosystem."
Jul 23, 2024, 7:39 pm IST
Union Budget Live Updates: Dishi Somani, Founder of DishiS Designer Jewellery
"These initiatives will drive substantial growth in the jewelry industry, enhancing our ability to innovate, expand operations, and better serve our customers. The supportive measures in this budget provide a robust foundation for long-term success and industry advancement."
Jul 23, 2024, 7:15 pm IST
Union Budget Live Updates: Dishi Somani, Founder of DishiS Designer Jewellery
"The commitment to increasing women’s participation in the workforce through targeted skilling programs is a positive development. We also appreciate the expansion of SIDBI branches to serve MSME clusters and the rationalization of GST, which simplifies tax compliance."
Jul 23, 2024, 7:06 pm IST
Union Budget 2024, July 23 Live Updates
Inclusive Human Resource Development and Social Justice
Jul 23, 2024, 7:05 pm IST
Union Budget Live Updates: Dishi Somani, Founder of DishiS Designer Jewellery
"The introduction of a new credit guarantee scheme for MSMEs, offering guarantees of up to Rs 100 crore, will support jewelry manufacturers like us in acquiring necessary machinery and equipment without collateral."
Jul 23, 2024, 6:50 pm IST
Union Budget Live Updates: Dishi Somani, Founder of DishiS Designer Jewellery
"We are extremely happy with the initiatives announced in the Union Budget 2024 by Finance Minister Nirmala Sitharaman. The reduction in customs duty on gold and silver to 6%, and on platinum to 6.4%, is particularly favorable for the jewelry industry."
Jul 23, 2024, 6:41 pm IST
Union Budget 2024, July 23 Live Updates
Rural & Urban land related actions
Jul 23, 2024, 6:35 pm IST
Union Budget 2024, July 23 Live Updates
Direct Tax Proposals
Jul 23, 2024, 5:12 pm IST
Union Budgetg Live Updates: Pranav Haridasan, MD & CEO, Axis Securities
"The budget places a strong emphasis on welfare schemes, aiming to alleviate rural distress and support the rural economy."
Jul 23, 2024, 5:11 pm IST
Union Budgetg Live Updates: Pranav Haridasan, MD & CEO, Axis Securities
"The budget does have its positives. The fiscal deficit has been reduced to 4.9%, compared to 5.1% in the interim budget, demonstrating a solid fiscal consolidation path."
Jul 23, 2024, 5:10 pm IST
Union Budgetg Live Updates: Pranav Haridasan, MD & CEO, Axis Securities
"The capital expenditure allocation, unchanged at ₹11.1 lakh crore, fell short of the expected ₹11.5-12 lakh crore."
Jul 23, 2024, 5:10 pm IST
Union Budgetg Live Updates: Pranav Haridasan, MD & CEO, Axis Securities
"The Union Budget 2024-25 has presented short-term challenges for the markets. The rise in capital gains tax rates and the increased STT are a short-term negative."
Jul 23, 2024, 4:59 pm IST
Union Budget 2024, July 23 Live Updates
Expenditure of Major Items
Jul 23, 2024, 4:56 pm IST
Union Budget 2024, July 23 Live Updates
Allocation to Major Schemes (in ₹ crore)
Jul 23, 2024, 4:52 pm IST
Union Budget 2024, Live Updates
Tax Proposals
Jul 23, 2024, 4:46 pm IST
Union Budget 2024, Live Updates
Priorities for Viksit Bharat
Jul 23, 2024, 4:06 pm IST
Union Budget Live Updates: Kumar Rajagopalan, CEO, Retailers Association of India (RAI)
"The establishment of working women's hostels and creches in collaboration with the industry is an essential measure for supporting women working in the retail sector. The focus on developing infrastructure for shopping in urban development is a significant step forward.”
Jul 23, 2024, 4:05 pm IST
Union Budget Live Updates: Kumar Rajagopalan, CEO, Retailers Association of India (RAI)
"The Employment Linked Incentive, offering reimbursement to employers up to Rs 3,000 per month for two years towards their EPFO contribution for each additional employee, is a welcome move."
Jul 23, 2024, 4:05 pm IST
Union Budget Live Updates: Kumar Rajagopalan, CEO, Retailers Association of India (RAI)
"The budget's emphasis on MSMEs and startups, including enabling more lending and abolishing angel tax, is a positive step towards realizing their potential. Tax simplification and compliance, which are crucial needs of the hour, have also been addressed."
Jul 23, 2024, 4:05 pm IST
Union Budget Live Updates: Kumar Rajagopalan, CEO, Retailers Association of India (RAI)
"The government's commitment to skilling and employment support, including initiatives for youth employment and skilling programs, is another commendable aspect of the budget, ensuring a future-ready workforce in the retail sector."
Jul 23, 2024, 2:59 pm IST
Union Budget Live Updates: Kumar Rajagopalan, CEO, Retailers Association of India (RAI)
"We believe this will stimulate consumption growth, thereby boosting the overall economy. The reduction of duty on gold, precious metals, and mobile phones will also provide a significant boost to these sectors, particularly during the festive season ."
Jul 23, 2024, 2:59 pm IST
Union Budget Live Updates: Kumar Rajagopalan, CEO, Retailers Association of India (RAI)
"Initiatives such as monetary support for farmers, higher exemption limits in personal income tax, and increased standard deductions will provide higher disposable income, leading to increased spending."
Jul 23, 2024, 2:58 pm IST
Union Budget Live Updates: Kumar Rajagopalan, CEO, Retailers Association of India (RAI)
“The government has tried to strike a balance between populist and policy measures. RAI appreciates the government's focus on empowering the middle class and rural population."
Jul 23, 2024, 2:25 pm IST
Union Budget Live Updates: Sandeep Bagla, CEO TRUST Mutual Fund
"Probably, the strategic measures to free up inputs would be announced gradually in the future as these are essential for the growth rates to increase or even sustain in the coming year"
Jul 23, 2024, 2:24 pm IST
Union Budget Live Updates: Sandeep Bagla, CEO TRUST Mutual Fund
"The increase in capital gains for listed securities increases Government's share in future capital gains. In order to ensure the sustainability of future growth, I was watching out for any measures that free up factors of production like reforms in land, capital, labour, technology."
Jul 23, 2024, 2:17 pm IST
Union Budget Live Updates: Sandeep Bagla, CEO TRUST Mutual Fund
"In the Budget announcements today, the fiscal deficit stands reduced to 4.9%, but the financing of the deficit through Government securities remains largely unreduced."
Jul 23, 2024, 1:55 pm IST
Union Budget Live Updates: Kirang Gandhi, Personal Financial Mentor
"The progressive fiscal policies designed to ensure equitable wealth distribution will contribute to a more balanced and inclusive economic environment."
Jul 23, 2024, 1:54 pm IST
Union Budget Live Updates: Kirang Gandhi, Personal Financial Mentor
"The budget’s focus on education, healthcare, and skill development is crucial for building a robust and empowered workforce capable of meeting future demands."
Jul 23, 2024, 1:53 pm IST
Union Budget Live Updates: Kirang Gandhi, Personal Financial Mentor
"Investing in these areas will not only stimulate immediate economic activity but also create long-term benefits through improved connectivity, energy efficiency, and technological advancement."
Jul 23, 2024, 1:26 pm IST
Union Budget Live Updates: Kirang Gandhi, Personal Financial Mentor
"The Union Budget 2024 sets the stage for 'Vikshit Bharat 2047,' aiming to create a prosperous, inclusive, and technologically advanced nation. The investments in infrastructure, renewable energy, and digital innovation are pivotal in driving sustainable economic growth and enhancing India’s global competitiveness."
Jul 23, 2024, 1:10 pm IST
Union Budget 2024 Highlights: Schemes for Job Creation
Employer Support: Employers will be reimbursed up to Rs 3,000 per month for two years for each additional employee, benefiting 2.1 lakh youths.
Jul 23, 2024, 1:10 pm IST
Union Budget 2024 Highlights: Schemes for Job Creation
Manufacturing Sector: Job creation in manufacturing will be incentivized through EPFO-linked schemes, supporting both employees and employers for the first four years.
Jul 23, 2024, 1:10 pm IST
Union Budget 2024 Highlights: Employment Linked Incentives, Schemes for Job Creation
First-Timers: New employees in the formal sector will receive a direct benefit transfer of one month’s salary, up to Rs 15,000.
Jul 23, 2024, 1:09 pm IST
Union Budget 2024 Highlights: Natural Farming and Kisan Credit Cards
Over the next two years, 1 crore farmers will be supported in adopting natural farming, with branding and certification to ensure market access. New Kisan Credit Cards will be launched in five states.
Jul 23, 2024, 1:09 pm IST
Union Budget 2024 Highlights: Agriculture Sector Boost; Budget Allocation & Bio Research
A provision of Rs 1.52 lakh crore has been made for the agriculture sector. Additionally, 10,000 bio research centres will be established, promoting innovation and sustainable farming practices.
Jul 23, 2024, 1:09 pm IST
Union Budget 2024 Highlights: Model Skill Loan Scheme
The revised Model Skill Loan Scheme will provide loans up to Rs 7.5 lakh with a government guarantee, benefitting 25,000 students annually. E-vouchers for loans up to Rs 10 lakh for higher education will also be provided, aiding 1 lakh students with an annual interest subvention of 3%.
Jul 23, 2024, 1:08 pm IST
Union Budget 2024 Highlights: E-Commerce and Food Irradiation
E-Commerce Export Hubs will be established in PPP mode, and financial support will be extended to 50 multi-product food irradiation units, enhancing MSMEs' access to international markets and food safety standards.
Jul 23, 2024, 1:08 pm IST
Union Budget 2024 Highlights: MSMEs Support; Bank Credit and Mudra Loans
A new mechanism will facilitate the continuation of bank credit to MSMEs during their stress periods. Additionally, the Mudra loan limit has been increased from Rs 10 lakh to Rs 20 lakh, providing more financial support to small businesses.
Jul 23, 2024, 1:08 pm IST
Union Budget 2024 Highlights: Capital Expenditure
The capex for FY25 is maintained at Rs 11.11 lakh crore, or 3.4% of GDP, aligning with the government’s strategy to boost infrastructure development and economic growth.
Jul 23, 2024, 1:08 pm IST
Union Budget 2024 Highlights: Fiscal Deficit
The fiscal deficit for FY25 is projected at 4.9% of GDP, down from 5.1% in the interim budget. The government remains committed to reducing the deficit below 4.5% in the subsequent fiscal year.
Jul 23, 2024, 1:07 pm IST
Union Budget 2024 Highlights: Lithium, Copper, Cobalt, and Manufacturing Inputs
The budget exempts lithium, copper, and cobalt from custom duties, supporting the renewable energy sector. Moreover, customs duties on capital goods used in solar cell manufacturing and connectors will be exempted, fostering growth in the green energy and electronics manufacturing sectors.
Jul 23, 2024, 1:07 pm IST
Union Budget 2024 Highlights: Custom Duties Adjustments On Gold, Silver & Platinum
Custom duties on gold and silver have been cut to 6%, and platinum to 6.4%. These reductions aim to make precious metals more affordable and stimulate demand in the jewelry sector.
Jul 23, 2024, 1:07 pm IST
Union Budget 2024 Highlights: Short-Term and Long-Term Capital Gains Tax
The budget revises the short-term capital gain tax on certain financial assets to 20%, while long-term capital gain tax is set at 12.5%. Additionally, the TDS rate on e-commerce operators will be reduced from 1% to 0.1%, easing the compliance burden on online businesses.
Jul 23, 2024, 1:06 pm IST
Union Budget 2024 Highlights: Revised Income Tax Structure
The revised tax slabs under the new income tax regime are designed to provide significant savings for taxpayers: Rs 0-3 lakh: Nil, Rs 3-7 lakh: 5%, Rs 7-10 lakh: 10%, Rs 10-12 lakh: 15%, and above Rs 15 lakh: 30%. These revisions are expected to result in an average saving of Rs 17,500 for taxpayers, promoting higher disposable income and consumer spending.
Jul 23, 2024, 1:06 pm IST
Union Budget 2024, July 23 Live Updates
Income Tax
Jul 23, 2024, 1:06 pm IST
Union Budget 2024 Highlights: TDS on Floating Rate Savings Bonds (FRSB) 2020
Interest income exceeding Rs 10,000 on FRSBs and other notified securities will be subject to TDS. This is intended to streamline tax collection on investment income and enhance compliance.
Jul 23, 2024, 1:05 pm IST
Union Budget 2024 Highlights: TCS on Notified Luxury Goods
The government has introduced a TCS of 1% on notified luxury goods valued over Rs 10 lakh. This move targets high-value transactions, aiming to curb tax evasion in the luxury segment and generate additional revenue.
Jul 23, 2024, 1:05 pm IST
Union Budget 2024 Highlights: TDS on Payments to Partners
Payments exceeding Rs 20,000 made by firms to their partners will now attract a TDS of 10%. This measure is aimed at improving tax compliance and ensuring a more equitable distribution of tax burdens among different income groups.
Jul 23, 2024, 12:59 pm IST
Union Budget 2024, July 23 Live Updates
NPS Vatsalya
Jul 23, 2024, 12:47 pm IST
Union Budget 2024, July 23 Live Updates
New Tax Structure
Jul 23, 2024, 12:44 pm IST
Union Budget 2024, Live Updates
Top Gainers and Losers Today
Jul 23, 2024, 12:39 pm IST
Union Budget 2024, Live Updates
Platinum Updates
Jul 23, 2024, 12:39 pm IST
Union Budget 2024, July 23 Live Updates
Gold and Silver Updates
Jul 23, 2024, 12:38 pm IST
Budget 2024: FM Says
In new income tax regime 5% tax slab for Rs 3 to Rs 7 lakh.
Jul 23, 2024, 12:37 pm IST
Budget 2024: FM Says
Lowest slab in new tax regime increased to Rs 3 lakh from Rs 2.5 lakh
Jul 23, 2024, 12:37 pm IST
Union Budget 2024, July 23 Live Updates
E-Commerce
Jul 23, 2024, 12:36 pm IST
Budget 2024: FM Says.
Salaried employee in new tax regime stands to save Rs 17,500 in income tax.
Jul 23, 2024, 12:35 pm IST
Budget 2024: FM Says
Standard deduction increase is only for the new tax regime.
Jul 23, 2024, 12:35 pm IST
Budget 2024: FM Says
Standard deduction for salaried employees increased to Rs 75,000 from Rs 50,000.
Jul 23, 2024, 12:34 pm IST
Budget 2024: FM Says
Security transaction tax on F&O increased to 0.2% from 0.01%.
Jul 23, 2024, 12:33 pm IST
Budget 2024: FM Says
Income from buyback of shares to be taxed in the hands of recipients.
Jul 23, 2024, 12:32 pm IST
Budget 2024: FM Says
Propose to abolish angel tax for all investor class.
Jul 23, 2024, 12:32 pm IST
Union Budget 2024, July 23 Live Updates
NIFTY Updates
Jul 23, 2024, 12:32 pm IST
Budget 2024: FM Says
No angel tax on all classes of assets.
Jul 23, 2024, 12:31 pm IST
Budget 2024: FM Says
Listed financial assests held for more than one years will be long term
Jul 23, 2024, 12:30 pm IST
Budget 2024: FM Says
Lomit on long term capital gains exemption hiked to Rs 1.35 lakh from Rs 1 lakh.
Jul 23, 2024, 12:29 pm IST
Budget 2024: FM Says
Long term capital gains on all financial and non financial instruments will attract 12.5%.
Jul 23, 2024, 12:28 pm IST
Budget 2024: FM Says
Short term gains will attract 20% on some assets.
Jul 23, 2024, 12:28 pm IST
Union Budget 2024, July 23 Live Updates
SENSEX Updates
Jul 23, 2024, 12:28 pm IST
Budget 2024: FM Says
FM Revises Tax Structure Under New Regime, Abolishes Angel Tax.
Jul 23, 2024, 12:27 pm IST
Budget 2024: FM Says
Announcing comprehensive review of Income Tax Act 1961.
Jul 23, 2024, 12:26 pm IST
Budget 2024: FM Says
TDS Rate on e-commerce operator reduced to 0.1% from 1%
Jul 23, 2024, 12:25 pm IST
Budget 2024: FM Says
FM Simplifies Personal Taxes, Capital Gains For Markets, LTCG To Attract 12.5% Rate
Jul 23, 2024, 12:25 pm IST
Budget 2024: FM Says
FM Simplifies Personal Taxes, Scraps 20% TDS Rate On Repurchase Of Units By MFs, UTIs
Jul 23, 2024, 12:24 pm IST
Budget 2024: FM Says
Propose to remove BCD on oxygen free copper for manufacturing of resistors and connectors.
Jul 23, 2024, 12:23 pm IST
Budget 2024: FM Says
We will cut customs duty on manufacturing leather, footwear and other articles.
Jul 23, 2024, 12:22 pm IST
Budget 2024: FM Says
Propose to reduce customs duty on platinum to 6.4%.
Jul 23, 2024, 12:22 pm IST
Union Budget 2024, July 23 Live Updates
For Bihar Flood Mitigation
Jul 23, 2024, 12:22 pm IST
Budget 2024: FM Says
Propose to reduce customs duty on gold and silver to 6%
Jul 23, 2024, 12:21 pm IST
Budget 2024: FM Says
Propose to reduce BCD on Shrimp feed to 5%.
Jul 23, 2024, 12:20 pm IST
Budget 2024: FM Says
Lithium, copper and cobalt exempted from customs duty.
Jul 23, 2024, 12:20 pm IST
Union Budget 2024, July 23 Live Updates
Budget Allocation For Urban and Poor
Jul 23, 2024, 12:19 pm IST
Budget 2024: FM Says
We will fully exempt customs duty on 25 critical minerals.
Jul 23, 2024, 12:18 pm IST
Budget 2024: FM Says
We will cut customs duty on mobile phones and charges to 15%.
Jul 23, 2024, 12:17 pm IST
Budget 2024: FM Says
To reduce customs duty on mobile phones, PCBA and charger.
Jul 23, 2024, 12:17 pm IST
Budget 2024: FM Says
Gross and market borrowing target at Rs 14.01 lakh crore and Rs 11.06 lakh crore, respectively.
Jul 23, 2024, 12:16 pm IST
Budget 2024: FM Says
We will try to further rationalise and simplify the indirect tax structure.
Jul 23, 2024, 12:15 pm IST
Budget 2024: FM Says
We will fully exempt 3 more cancer medicines from customs duty.
Jul 23, 2024, 12:14 pm IST
Budget 2024: FM Says
FY26 fiscal deficit target at 4.5% of the GDP
Jul 23, 2024, 12:13 pm IST
Budget 2024: FM Says
Projected fiscal deficit at 4.9% of the GDP versus 5.1% estimate in the interim budget.
Jul 23, 2024, 12:12 pm IST
Budget 2024: FM Says
Expenditure for FY25 seen at Rs 48.21 lakh crore.
Jul 23, 2024, 12:12 pm IST
Budget 2024: FM Says
Receipts for FY25 are seen at Rs 32.07 lakh crore.
Jul 23, 2024, 12:11 pm IST
Budget 2024: FM Says
We will seek legislative approval for flexible funding for leasing ships.
Jul 23, 2024, 12:10 pm IST
Budget 2024: FM Says
Will simplify FDI investment rules to promote usage of Rupee.
Jul 23, 2024, 12:09 pm IST
Union Budget 2024, July 23 Live Updates
Capex
Jul 23, 2024, 12:09 pm IST
Budget 2024: FM Says
National Pension Scheme for minors with contribution from parents.
Jul 23, 2024, 12:08 pm IST
Budget 2024: FM Says
Moot document will set financial sector agenda for the next 5 years.
Jul 23, 2024, 12:08 pm IST
Budget 2024: FM Says
We will develop taxonomy for climate finance.
Jul 23, 2024, 12:07 pm IST
Budget 2024: FM Says
Will assign unique land identification pin under rural actions.
Jul 23, 2024, 12:06 pm IST
Budget 2024: FM Says
Land record for urban areas will be digitised.
Jul 23, 2024, 12:05 pm IST
Budget 2024: FM Says
We will operationalise funds for basic research and prototype development.
Jul 23, 2024, 12:04 pm IST
Budget 2024: FM Says
The new Economic Policy framework will focus on land, labour, capital, and entrepreneurship.
Jul 23, 2024, 12:04 pm IST
Union Budget 2024, July 23 Live Updates
For Andhra Pradesh New Capital
Jul 23, 2024, 12:03 pm IST
Budget 2024: FM Says
We will set up Rs 1,000 crore venture capital fund for space economy.
Jul 23, 2024, 12:02 pm IST
Budget 2024: FM Says
NPS Vatsalya for minors to be started
Jul 23, 2024, 12:02 pm IST
Budget 2024: FM Says
PM Urban Housing Plan of Rs 10 lakh crore
Jul 23, 2024, 12:01 pm IST
Budget 2024: FM Says
We will support development of Nalanda University and revive it.
Jul 23, 2024, 12:00 pm IST
Budget 2024: FM Says
Comprehensive development of Vishnupath and Mahabodhi corridors on line of Kashi Vishwanath.
Jul 23, 2024, 12:00 pm IST
Budget 2024: FM Says
We will provide assistance to Assam and Himachal Pradesh for flood management.
Jul 23, 2024, 11:59 am IST
Budget 2024: FM Says
Allocated Rs 11,500 crore for flood mitigation scheme for Bihar
Jul 23, 2024, 11:58 am IST
Union Budget 2024, July 23 Live Updates
Mudra Loans
Jul 23, 2024, 11:58 am IST
Budget 2024: Fm Says
FY25 capex at Rs 11.11 lakh crore, which is same as announced in the interim budget.
Jul 23, 2024, 11:57 am IST
Union Budget 2024, July 23 Live Updates
Skill Loan Scheme
Jul 23, 2024, 11:57 am IST
Budget 2024: FM Says
NABARD to facilitate shrimp production financing and processing.
Jul 23, 2024, 11:56 am IST
Busget 2024: FM Says
NTPC and BHEL will set up ultra critical thermal power plant using AUSC technology.
Jul 23, 2024, 11:56 am IST
Union Budget 2024, July 23 Live Updates
Budget Allocation For Bihar Highways
Jul 23, 2024, 11:55 am IST
Budget 2024: FM Says
We will partner with private sector to set up Bharat Small Modular Reactors.
Jul 23, 2024, 11:54 am IST
Budget 2024: Fm Says
We will bring out policy document focussing on energy transition and environmental sustainability.
Jul 23, 2024, 11:54 am IST
Union Budget 2024, July 23 Live Updates
FM Announces for Bihar
Jul 23, 2024, 11:53 am IST
Budget 2024: FM Says
States to be encouraged to moderate stamp duty.
Jul 23, 2024, 11:53 am IST
Budget 2024: FM Says
The needs of 1 crore urban poor people will be addressed with Rs 10 lakh crore.
Jul 23, 2024, 11:52 am IST
Union Budget 2024, July 23 Live Updates
PM Awas Yojana
Jul 23, 2024, 11:51 am IST
Budget 2024: FM Says
We will take steps to reform debt recovery.
Jul 23, 2024, 11:50 am IST
Budget 2024: FM Says
FY25 Capex at Rs 11.11 lakh crore, same as interim budget.
Jul 23, 2024, 11:50 am IST
Budget 2024: FM Says
The IBC has resolved over 1,000 companies with a recovery of Rs 3.3 lakh crore to creditors.
Jul 23, 2024, 11:49 am IST
Budget 2024: FM Says
Plan integrated tech platform for improving outcome under IBC.
Jul 23, 2024, 11:49 am IST
Budget 2024: FM Says
We will set up a critical mineral mission for recycling of critical minerals
Jul 23, 2024, 11:47 am IST
Union Budget 2024, July 23 Live Updates
Development
Jul 23, 2024, 11:47 am IST
Budget 2024: FM Says
Rental housing with dorm like accomodation foe industrial workers will be facilitated in PPP mode.
Jul 23, 2024, 11:46 am IST
Budget 2024: FM Says
Ownership, leasing and flagging reform to be announced for shipping.
Jul 23, 2024, 11:46 am IST
Union Budget 2024, July 23 Live Updates
New Schemes
Jul 23, 2024, 11:46 am IST
Budget 2024: FM Says
Pradhan Mantri Janjatiya Unnat Gram Abhiyan will be launched for improving the socio-economic condition of tribal communities. The scheme will adopt saturation coverage for tribal families in tribal-majority villages and aspirational districts. This will cover 63,000 villages benefitting 5 crore tribal people.
Jul 23, 2024, 11:45 am IST
Budget 2024: FM Says
Internship allowance of RS 5,000 per month and first-time assistance of Rs 6,000 to be given.
Jul 23, 2024, 11:44 am IST
Union Budget 2024, July 23 Live Updates
Finance Minister Announces
Jul 23, 2024, 11:44 am IST
Budget 2024: FM Says
Budget 2024 for Job Seekers: Internship Scheme to be Implemented by Top 500 Companies
Jul 23, 2024, 11:44 am IST
Budget 2024: FM Says
New mechanism will facilitate bank credit to MSMEs while being in SMA stage.
Jul 23, 2024, 11:43 am IST
Union Budget 2024, July 23 Live Updates
Industries
Jul 23, 2024, 11:43 am IST
Budget 2024: FM Says
e-commerce hubs will help facilitate trade and export related services under one roof.
Jul 23, 2024, 11:42 am IST
Union Budget 2024, July 23 Live Updates
FM:Nirmala Sitharaman
Jul 23, 2024, 11:42 am IST
Budget 2024: FM Says
SIDBI branches in MSME clusters to be expanded in next 3 years to provide direct credit.
Jul 23, 2024, 11:41 am IST
Budget 2024: FM Says
The Centre will develop a comprehensive plan called 'Purvodaya' to foster all-round development in Bihar, Jharkhand, West Bengal, Odisha, and Andhra Pradesh.
Jul 23, 2024, 11:41 am IST
Budget 2024: FM Says
The limit of Mudra loan increased to Rs 20 lakh from Rs 10 lakh.
Jul 23, 2024, 11:40 am IST
Budget 2024: FM Says
PSU Banks to make internal assessment model for MSME credit.
Jul 23, 2024, 11:39 am IST
Budget 2024: FM Says
New MSME guarantee plan to enable loans of up to Rs 100 crore.
Jul 23, 2024, 11:39 am IST
Budget 2024: FM Says
To bring MSME credit guarantee scheme for collateral free loan.
Jul 23, 2024, 11:38 am IST
Budget 2024: FM Says
Rs 2.66 lakh crore have been allocated for rural development, including rural infrastructure.
Jul 23, 2024, 11:37 am IST
Budget 2024: FM Says
To announce a credit guarantee scheme for MSMEs in the manufacturing sector.
Jul 23, 2024, 11:36 am IST
Union Budget 2024, July 23 Live Updates
Wages
Jul 23, 2024, 11:36 am IST
Budget 2024: FM Says
The budget carries an allocation of more than Rs 3 lakh crore for benefitting women and girls.
Jul 23, 2024, 11:35 am IST
Budget 2024: FM Says
To make allocation of 3 crore more houses under PM Awas Yojana.
Jul 23, 2024, 11:34 am IST
Budget 2024: FM Says
Concentrated efforts made to fulfill commitments under AP Reorganisation Act.
Jul 23, 2024, 11:33 am IST
Union Budget 2024, July 23 Live Updates
Budget Allocation For Farmers
Jul 23, 2024, 11:33 am IST
Budget 2024: FM Says
To set up new airports, medical colleges, and sports infrastructure in Bihar.
Jul 23, 2024, 11:32 am IST
Budget 2024: Bank Credit to MSMEs
Mudra loans extended to Rs 20 lakhs from Rs 10 lakhs for those entrepreneurs who have successfully repaid their previous loans under the category.
Jul 23, 2024, 11:32 am IST
Budget 2024: FM Says
Requests of Bihar government from multilateral banks will be expedited.
Jul 23, 2024, 11:31 am IST
Budget 2024: FM Says
Rs 26,000 to be allocated for highways in Bihar.
Jul 23, 2024, 11:30 am IST
Budget 2024: FM Says
Gaya to be industrial node on Amritsar-Kolkata corridor.
Jul 23, 2024, 11:30 am IST
Budget 2024: Women At Work
Women-specific skilling programs
Promotions of Market Access
Skilling program
20 lakh youth over 5 year period would be trained
1000 industrial training institutes with state govt collab
New courses to be introduced for emerging needs and demands
Skill loans up to 7.5 lakh
Projected to Help 25 lakh Women every year
Jul 23, 2024, 11:29 am IST
Budget 2024: FM Says
To set up schemes for artisans, craftsmen and street vendors
Jul 23, 2024, 11:29 am IST
Budget 2024: FM Says
Highways in Bihar Rs 26,000 crore
Jul 23, 2024, 11:28 am IST
Budget 2024: FM Says
We will formulate a plan for the development of the Eastern region of the country.
Jul 23, 2024, 11:28 am IST
Budget 2024: FM Says
Financial support of Rs 15,000 crore for new Andhra capital in FY25
Jul 23, 2024, 11:27 am IST
Budget 2024: FM Says
Modal skill loan scheme will be revised for loans up to Rs 7.5 lakh.
Jul 23, 2024, 11:26 am IST
Budget 2024: FM Says
Will provide financial support of up to Rs 10 lakh for students in domestic institutions.
Jul 23, 2024, 11:26 am IST
Union Budget 2024, July 23 Live Updates
Natural Farming
Jul 23, 2024, 11:25 am IST
Budget 2024: FM Says
Job creation in manufacturing to incentivise employees and employers with respect to EPFO contribution.
Jul 23, 2024, 11:24 am IST
Budget 2024: FM Says
20 lakh youths will be skilled under the new centrally sponsored scheme.
Jul 23, 2024, 11:24 am IST
FM Says
New airports, and medical colleges to be constructed in Bihar
Jul 23, 2024, 11:23 am IST
Budget 2024: FM Says
Direct bank transfer to farmers of 1-month pay in 3 tranches of Rs 15,000 under the PM Kisan Yojana.
Jul 23, 2024, 11:22 am IST
Union Budget 2024, July 23 Live Updates
Comprehensive Package
Jul 23, 2024, 11:22 am IST
Budget 2024: FM Says
A total of 6 crore farmers and their land will be brought into the farmer and land registry.
Jul 23, 2024, 11:21 am IST
Budget 2024: FM Says
We will facilitate digital public infrastructure for agriculture in partnership with states.
Jul 23, 2024, 11:20 am IST
Union Budget 2024, July 23 Live Updates
New Schemes For Jobs
Jul 23, 2024, 11:20 am IST
Budget 2024: FM Says
We will provide one month wages to all people who are newly entering the workforce in the formal sector.
Jul 23, 2024, 11:19 am IST
Budget 2024: FM Says
We will implement 3 schemes related to employment linked incentives.
Jul 23, 2024, 11:18 am IST
FM: Agri Sector To Get a Boost
Productivity & Resilience in agri
Transforming R&D
Racing Productivity
Develop climate-resilient varieties
Funding provided including to Private sector
Jul 23, 2024, 11:18 am IST
Budget 2024: FM Says
Provision of Rs 1.52 lakh crore is announced for agriculture and allied sectors.
Jul 23, 2024, 11:17 am IST
Budget 2024: FM Says
We will provide coverage to farmers and their land under digital public infrastructure.
Jul 23, 2024, 11:16 am IST
Budget 2024: FM Says
To ensure self sufficiency in pulses and oil seeds, we will focus of production, storage and marketing
Jul 23, 2024, 11:15 am IST
Budget 2024: FM Says
Will help natural farmers with certification and branding.
Jul 23, 2024, 11:14 am IST
Budget 2024: FM Says
In the next 2 years, 1 crore farmers will be initiated into natural farming.
Jul 23, 2024, 11:13 am IST
Budget 2024: FM Says
Our first priority is productivity & resilience in agriculture
Jul 23, 2024, 11:13 am IST
Budget 2024: FM Says
To make sustained efforts on 9 priorities for 'Viksit Bharat'.
Jul 23, 2024, 11:11 am IST
Budget 2024: FM Says
The 5 new schemes will focus on jobs, providing additional skills to 4.1 crore youth.
Jul 23, 2024, 11:11 am IST
PM Package For 5 Schemes
Focus on employment, skills, MSME & middle class to facilitate 4.1 crores youths
Jul 23, 2024, 11:11 am IST
Union Budget 2024, July 23 Live Updates
Stock Market Live Updates
Jul 23, 2024, 11:10 am IST
Budget 2024: FM Says
Admin action, approval for schemes & required allocations.
Jul 23, 2024, 11:10 am IST
Budget 2024: FM Says
PMGKAY extended for 5 years for 80 crore people
Jul 23, 2024, 11:10 am IST
Budget 2024: FM Says
Higher MSP, for major crops, atleast 50% margin over cost
Jul 23, 2024, 11:09 am IST
Budget 2024: FM Says
Package of Rs 2 lakh crore announced for 5 schemes.
Jul 23, 2024, 11:08 am IST
Budget 2024: FM Says
Poor, women, farmers and youth are the focus areas of this government.
Jul 23, 2024, 11:07 am IST
Budget 2024: FM Says
India's economy continues to shine even in an uncertain global environment.
Jul 23, 2024, 11:06 am IST
Budget 2024: FM Says
India's inflation is moving towards RBI's 4% target.
Jul 23, 2024, 11:06 am IST
Budget 2024: FM Says
People have reposed their faith and elected NDA government for the third time.
Jul 23, 2024, 11:04 am IST
Budget 2024
Finance Minister Nirmala Sitharaman rises to present Union Budget 2024.
Jul 23, 2024, 11:01 am IST
Union Budget 2024, July 23 Live Updates
Moody's Analytics
Jul 23, 2024, 10:59 am IST
Union Budget 2024, July 23 Live Updates
Top Railway Stocks To Watch
Jul 23, 2024, 10:59 am IST
Budget 2024: Defence Stocks in Focus Ahead of Union Budget 2024
Defence stocks including Hindustan Aeronautics Ltd (HAL), Bharat Electronics Ltd (BEL), Cochin Shipyard Ltd, Bharat Dynamics Ltd (BDL), Data Patterns India Ltd, BEML Ltd, and Mazagon Dock Shipbuilders Ltd are gaining attention today. With Finance Minister Nirmala Sitharaman set to present the Union Budget 2024, there are expectations for increased allocation towards the defence sector.
Jul 23, 2024, 10:57 am IST
Union Budget 2024, July 23 Live Updates
FM Sitharaman To Start Speech Shortly
Jul 23, 2024, 10:57 am IST
Budget 2024: Infrastructure Stocks to Watch Ahead of the Union Budget
Despite a slow start to the new fiscal year due to elections, the government's ongoing emphasis on capital expenditure (capex) and infrastructure development presents significant opportunities in the sector. Here are the top infrastructure stocks to monitor ahead of the Budget: ABB India, Siemens, L&T, Cummins, BHEL, Hitachi Energy, KEC International, Titagarh Wagons, Jupiter, BEML, and Man Infraconstruction.
Jul 23, 2024, 10:54 am IST
SBI, Canara Bank, PNB, Indian Bank, BoB & Union Bank in Focus
SBI, Canara Bank, PNB, Indian Bank, BoB & Union Bank and others will be focus as Budget announcements start.
Jul 23, 2024, 10:52 am IST
Enhanced Railway Spending Expected in Union Budget: Key Stocks to Watch
With the government likely to prioritize infrastructure spending, an increased allocation towards railways is anticipated. The Budget is expected to address issues such as safety, travel quality, infrastructure upgrades, and faster track development and rolling stock manufacturing. In the stock market, IRCTC, Container Corporation of India (Concor), Titagarh Rail Systems, Texmaco, and Rail Vikas Nigam Ltd (RVNL) are expected to draw attention on Budget day.
Jul 23, 2024, 10:50 am IST
Budget 2024: 5 Income Tax Changes Citizens, Experts Are Expecting
The Finance Minister faces a challenging task of balancing economic growth with taxpayer relief. She must navigate this delicate situation carefully.
Jul 23, 2024, 10:48 am IST
Budget 2024: Will the Budget Impress Farmers?
Prime Minister Narendra Modi, upon commencing his third term, prioritised the PM Kisan Nidhi scheme by signing its 17th instalment release.
The PM Kisan Nidhi scheme aims to provide financial support to farmers across India. This initiative has been a cornerstone of the government's efforts to uplift the agricultural sector and ensure farmers' welfare.
Jul 23, 2024, 10:46 am IST
Budget 2024: FMCG Stocks to Watch Ahead of Budget
As Union Budget 2024 nears, investors are eyeing the FMCG sector for signs of recovery. Measures such as tax incentives and social welfare schemes might enhance rural disposable income and drive consumption. Key FMCG stocks to watch include Dabur India, Hindustan Unilever, Nestle India, Godrej Consumer, Jyothy Labs, and Varun Beverages.
Jul 23, 2024, 10:45 am IST
Student Loan Concerns and Taxes: Will the Budget 2024 Offer Relief?
With the Union Budget 2024 approaching, many are hopeful for some relief regarding interest rates on higher education loans. This change could greatly affect the affordability of education for Indian students and their families.
Jul 23, 2024, 10:44 am IST
Senior Citizens Eagerly Await Budget 2024: Basic Exemption Limit Hike to Rs 7 Lakh Expected
Senior citizens are optimistic about Budget 2024, anticipating an increase in the basic exemption limit to at least INR 7 lakh annually.
Jul 23, 2024, 10:43 am IST
Budget 2024: Energy Stocks Soar Ahead of Today's Union Budget
Shares of Adani Power, Coal India, JSW Energy, NTPC, and Tata Power have surged by over 200% in 2024. NHPC and SJVN have seen gains of over 50%, while Suzlon Energy has climbed 20% this year and nearly 180% over the past 12 months.
Jul 23, 2024, 10:43 am IST
Welfare and Empowerment of Women
Initiatives such as "Beti Bachao, Beti Padhao" and Sukanya Samriddhi Yojana have played crucial roles in promoting the welfare and education of girls.
Jul 23, 2024, 10:41 am IST
Tax Relief Likely For Salaried Taxpayers
Experts are predicting that tax relief for salaried taxpayers will enhance purchasing power and boost consumption
Jul 23, 2024, 10:38 am IST
Budget 2024: Renewable Energy Stocks Surge Ahead of Budget
Suzlon has reached its 5% upper circuit limit, while Inox Wind and IREDA also show gains as anticipation builds for the Union Budget 2024 announcement.
Jul 23, 2024, 10:37 am IST
Moody's Analytics Reports Major Capex Boost and Calls for Consistent Tax Policies
Moody's Analytics has observed that India's infrastructure sector is poised for substantial growth. This expansion is driven by government initiatives and private sector participation. The report suggests that these efforts could lead to enhanced economic stability and job creation.
Jul 23, 2024, 10:34 am IST
Railway Stocks To Watch Out For In Budget 2024
Stocks like IRCTC, Container Corporation of India (Concor), Titagarh Rail Systems, Texmaco and Rail Vigas Nigam Ltd (RVNL) are expected to be in focus.
Jul 23, 2024, 10:33 am IST
Budget 2024
Cabinet approves Union Budget 2024.
Jul 23, 2024, 10:32 am IST
Budget 2024: Union Cabinet, Led by PM Modi, Gathers In Parliament To Endorse Union Budget
The Union Cabinet, under the leadership of Prime Minister Narendra Modi, is convening in Parliament to approve the Union Budget before its presentation by Finance Minister Nirmala Sitharaman.
Jul 23, 2024, 10:20 am IST
Union Budget 2024 July 23 Live Updates
All eyes are set on Finance Minister Nirmala Sitharaman as she reaches the North Block to present her seventh Budget speech for India, since taking charge of FinMin in 2019. She is also making a new history with highest record of holding most Budget announcements by a FM. On July 23, FM displays the red-pouched tablet documents before entering the Parliament.
Jul 23, 2024, 9:56 am IST
Union Budget Live Updates: Kirthi Chilukuri, Founder & CEO, Stonecraft Group
"In the face of an environmental crisis, robust governmental regulations will be pivotal in creating projects designed to endure for generations."
Jul 23, 2024, 9:52 am IST
Nifty Top Gainers Ahead Of Budget
Nifty 50, the benchmark of NSE, traded higher ahead of Budget 2024 announcement on July 23. In the early trade, heavyweight stocks like Eicher Motors, Ultratech Cement, Larsen & Toubro, ITC, and Grasim contributed heavily, emerging as top gainers.
Jul 23, 2024, 9:41 am IST
Budget Live Updates: Kirthi Chilukuri, Founder & CEO, Stonecraft Group
"Anticipating government mandates for incorporating sustainable policies into construction, from land development to high-rises, is crucial."
Jul 23, 2024, 9:35 am IST
Budget 2024 Live Updates: Kirthi Chilukuri, Founder & CEO, Stonecraft Group
"The growing demand for urban housing in our country is reflected in real estate's substantial contribution of over 10% to the GDP. As cities like Hyderabad evolve rapidly, the future of real estate lies in adopting sustainable practices."
Jul 23, 2024, 9:23 am IST
Market Opens With Gains On Budget Day; Nifty Above 24,550
On July 23, Indian stock indices kicked off the trading day on a positive note, buoyed by favorable global cues. The Nifty opened above the 24,550 mark, while the Sensex gained 193.35 points, or 0.24%, reaching 80,695.43. The Nifty also saw an uptick of 53.40 points, or 0.22%, standing at 24,562.70.
Jul 23, 2024, 9:19 am IST
Union Budget 2024, July 23 Live Updates
Income Tax New Regime
Jul 23, 2024, 9:10 am IST
Indian Rupee Opens Mildly Higher
The Indian Rupee opened steady at 83.64 per US Dollar on Tuesday, compared to Monday's close of 83.66.
Jul 23, 2024, 8:51 am IST
Expectations Of Indian Startup Ecosystem From Budget 2024
During the 2024 Interim Budget, Finance Minister Nirmala Sitharaman made significant announcements for the Indian startup industry. One major announcement was the extension of the tax holiday for startups until March 31, 2025.
Jul 23, 2024, 8:50 am IST
Expectations Of Indian Startup Ecosystem From Union Budget 2024
These startups are positioned at the intersection of innovation and environmental stewardship, addressing global challenges such as climate change, resource depletion, and waste management.
Jul 23, 2024, 8:37 am IST
Budget 2024 Live Updates
Finance Minister Nirmala Sitharaman arrives at the North Block of the Finance Ministry.
Jul 23, 2024, 8:25 am IST
Budget 2024 Live Updates: A Potential Boon for Mutual Fund Investors?
"Furthermore, AMFI proposes that gains from these assets, when held for more than three years, should be exempted from capital gains tax altogether."
Jul 23, 2024, 8:24 am IST
Budget Expectations Live Updates: A Potential Boon for Mutual Fund Investors?
"AMFI suggests that long-term capital gains on listed shares or units of equity-oriented fund schemes, held for over one year and up to three years, should be taxed at a rate of 10% on gains exceeding Rs 2 lakh in a financial year."
Jul 23, 2024, 8:24 am IST
Budget 2024 Expectations Live Updates: A Potential Boon for Mutual Fund Investors?
"The Association of Mutual Funds in India (AMFI) has put forward recommendations for the Union Budget that could significantly benefit mutual fund investors."
Jul 23, 2024, 7:57 am IST
Budget 2024 Live Updates: Subhash Chandra Aggarwal, Chairman & MD, SMC Global Securities
"Predict that the Nifty could test the 25,000 level during Budget week. Additionally, forecast is that gold and silver prices could reach new peaks of up to Rs 85,000 to Rs 1,20,000 by the end of 2024."
Jul 23, 2024, 7:56 am IST
Budget 2024 Live Updates: Subhash Chandra Aggarwal, Chairman & MD, SMC Global Securities
"Do not expect a dramatic surge in the stock market on July 23 but believe that the fundamentals remain strong."
Jul 23, 2024, 7:54 am IST
Union Budget 2024 July 23 Live Updates
Defense Budget Expectations
Jul 23, 2024, 7:30 am IST
Union Budget 2024 July 23 Live Updates
FM To Present Budget In Parliament Today.
Jul 23, 2024, 7:16 am IST
Budget 2024 Live Updates: Rishi Agrawal, CEO & Co-Founder, TeamLease RegTech
"The country should aim at converting 1 million informal MSMEs into formal employers that create 20 million new formal jobs in the economy."
Jul 23, 2024, 7:10 am IST
Budget 2024 Live Updates: Rishi Agrawal, CEO & Co-Founder, TeamLease RegTech
"India must reimagine its regulatory ecosystem for MSMEs. A simplified, cashless, paperless and presence less employer compliance is the need of the hour."
Jul 23, 2024, 7:08 am IST
Budget 2024 Live Updates: Rishi Agrawal, CEO & Co-Founder, TeamLease RegTech
"While the cost of compliance continues to remain high, the cost of non-compliance is higher. An MSME entrepreneur ends up spending a large amount of their scarce time and resources in dealing with third party consultants, paper based processes, frequently changing regulations and many interfaces with inspectors."
Jul 23, 2024, 7:05 am IST
Budget 2024 Live Updates: Rishi Agrawal, CEO & Co-Founder, TeamLease RegTech
"A typical pharma MSME deals with at least 998 unique compliances in a year, of which almost 50% prescribe imprisonment for non-compliance. Other sectors in manufacturing including automotive and chemicals deal with hundreds of compliances including licenses, registrations, returns, registers and payments a year."
Jul 23, 2024, 7:02 am IST
Budget 2024 Live Updates: Rishi Agrawal, CEO & Co-Founder, TeamLease RegTech
"While they are instrumental in fostering entrepreneurship and employment, most of them remain economic dwarfs. They find it easier to fly under the regulatory radar rather than become formal and gain access to capital, technology, talent and global markets."
Jul 23, 2024, 6:57 am IST
Extended EV Loan Benefits, Increased Home Loan, FD Interest Cuts Expected
Focus on employment generation, and rationalise tax rates by upping limits for basic tax exemption, standard deduction.
Jul 23, 2024, 5:44 am IST
Budget 2024 Live Updates: Rishi Agrawal, CEO & Co-Founder, TeamLease RegTech
"Happy that the economic survey acknowledges the presence of regulatory cholesterol ailing the MSME ecosystem. MSMEs bear a disproportionately high burden of regulatory compliance in the country."
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