Budget 2024: In a shock to investors, Finance Minister Nirmala Sitharaman, in her presentation of the Union Budget for FY 2024-25, announced several key tax changes impacting capital gains and trading activities. FM announced that the long-term capital gains tax rate on all financial and non-financial assets will rise from 10% to 12.5%, with an …
Economic Survey 2024 Updates: Finance Minister Nirmala Sitharaman presented the Economic Survey 2023-2024 on Monday, ahead of the highly anticipated Union Budget 2024-25 set to be unveiled the following day. The Union Budget for the fiscal year 2024-25 will be introduced in Parliament this Tuesday by Sitharaman, marking the first budget of Prime Minister Narendra …
Not ‘special status’, but the Union Budget of Nirmala Sitharaman has provided ‘special help’ to Bihar and Andhra Pradesh that the key NDA allies — TDP and JDU — had wished for. Ringing in the true era of ‘coalition politics’, the first budget of Narendra Modi 3.0 government went the extra mile for Bihar and …
Budget 2024: ITC share price soared by more than 5% on Tuesday after Finance Minister (FM) Nirmala Sitharaman announced no changes to tobacco taxation in her budget address, providing comfort to businesses like ITC, which rely heavily on cigarettes for income. The rates remained unchanged following a 16% hike in National Calamity Contingent Duty (NCCD) …
Shares of railway, defence and PSU stocks rose up to 2% on Tuesday on BSE ahead of the Union Budget, scheduled to be presented by the Finance Minister at 11 am.Among railway stocks, RailTel gained the most, rising 3% to Rs 537.50, while other stocks like Ircon International, IRCTC, IRFC and RVNL were trading flat. …
Budget 2024: PM Modi said Nirmala Sitharaman will present a strong budget New Delhi: Finance Minister Nirmala Sitharaman is presenting her seventh consecutive Budget in Parliament today – Tuesday, July 23. The Budget for 2024-25 is being considered the action plan for the Modi 3.0 government to outline a roadmap towards India’s development in the …
Union Budget 2024, which will be announced later today, July 23 is anticipated to be growth-focused, with several measures aimed at bolstering the rural economy, said brokerage house Motilal Oswal, in its pre-budget note. As per the brokerage, the government is likely to continue its emphasis on capital expenditure and investment-led growth, alongside initiatives to …
Indian stock market: The domestic equity market benchmark indices, Sensex and Nifty 50, are expected to open higher on Tuesday tracking positive global cues ahead of the announcement of Union Budget 2024 today. Asian markets traded higher, while the US stock market ended in the green overnight led by megacap growth stocks. Get Quick Cash …
Asia-Pacific markets were trading higher on Tuesday, tracking overnight gains on Wall Street. The Nikkei 225 was trading 0.27% higher, and the S&P ASX 200 was 0.56% higher as of 06:48 a.m. The July futures contract of the GIFT Nifty was flat at 24,548 as of 06:57 a.m. US stocks bounced back following their worst …
Budget 2024 Live Updates: Finance minister Nirmala Sitharaman is set to present the Union Budget 2024-25 today after tabling the Economic Survey. The Union Budget will be presented in Parliament at 11am- making it the first budget of Prime Minister Narendra Modi’s third term. This will be Nirmala Sitharaman’s seventh consecutive Budget as finance minister …