How Budget signals policy continuity, explained in 8 charts

How Budget signals policy continuity, explained in 8 charts

After an unexpected loss of majority in the elections, the temptation to deliver a pro-welfare or a populist Budget could have run high for the ruling party. But on D-Day, finance minister Nirmala Sitharaman chose to keep her moves mixed. The top priority, it appeared, was to cut fiscal deficit, thanks to a generous revenue …

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Opposition MPs “Symbolic Walkout” Of Rajya Sabha Amid Row Over Budget

Opposition MPs “Symbolic Walkout” Of Rajya Sabha Amid Row Over Budget

Congress chief ministers will also boycott the NITI Aayog meeting scheduled for July 27. New Delhi: INDIA bloc leaders staged protests in and outside Parliament today against what they describe as “discrimination” against opposition-ruled states in the recently unveiled Union Budget. Here are 10 points on this big story: Both the Rajya Sabha and the …

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Budget 2024: How will the rise in capital gains taxes impact market in long term?

Budget 2024: How will the rise in capital gains taxes impact market in long term?

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 …

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Economic Survey 2024 Updates: CEA Nageswaran advices more FDI from China to boost India’s exports

Economic Survey 2024 Updates: CEA Nageswaran advices more FDI from China to boost India’s exports

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 …

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Union Budget 2024 Political Reactions LIVE: M.K. Stalin to boycott PM-led NITI Aayog meet for neglecting Tamil Nadu in Union Budget

Union Budget 2024 Political Reactions LIVE: M.K. Stalin to boycott PM-led NITI Aayog meet for neglecting Tamil Nadu in Union Budget

Startup and venture funds cheered the Budget decision on the abolition of angel tax for all investor classes, terming it a “game-changer” that would remove significant barriers in growth and foster a vibrant and dynamic ecosystem. Angel tax refers to the tax that the government imposes on funding raised by unlisted companies, or startups if …

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Budget 2024: FMCG stocks surge up to 6% on govt’s plans to support rural economy; Nifty FMCG touches fresh high

Budget 2024: FMCG stocks surge up to 6% on govt’s plans to support rural economy; Nifty FMCG touches fresh high

FMCG stocks have surged in today’s trade as investors responded positively to the government’s strong emphasis in Budget 2024 on boosting rural consumption. The budget outlined several initiatives aimed at boosting rural consumption, expected to support a recovery in FMCG sector volumes. Despite front line indices ending today’s session on a flat note, the Nifty …

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