iPhones get cheaper by up to Rs 6,000 after customs duty relief in Budget
New Delhi: Apple has reduced the prices of its iPhones by 3-4% across its entire range, allowing customers to save between Rs 5,100 and Rs 6,000 on Pro or Pro Max models.
Foreign investors pull out $1.27 billion from Indian stock market after Union Budget
Mumbai/IBNS: Foreign portfolio investors (FPIs) have taken out almost Rs 10,710 crore ($1.27 billion) from the Indian stock market in the last three days after the government, in the Union Budget, raised taxes on derivatives trades and on capital gains from equity investments, reports said.
New Delhi: Global credit rating agencies have praised the FY25 Budget for maintaining a strong commitment to reducing fiscal deficit. Moody's Ratings highlighted that the Budget is viewed as a positive development for the country's credit outlook, media reports said.
Real estate stocks fall after Budget removes indexation benefit on LTCG
Mumbai: Real estate stocks dropped following Finance Minister Nirmala Sitharaman's proposal to remove the indexation benefit for calculating long-term capital gains tax (LTCG) on real estate.
New Delhi: Finance Minister Nirmala Sitharaman presented the 2024-25 Budget on Tuesday, her seventh consecutive budget presentation and setting a new record, surpassing former Prime Minister Morarji Desai. This budget is the first of Prime Minister Narendra Modi's third term. Sitharaman underscored the government's success in maintaining economic stability.
Union Finance Minister Nirmala Sitharaman proposed that the long-term gains on all financial and non-financial assets will attract a tax rate of 12.5 per cent.
Make in India push or tax relief? Nirmala Sitharaman to present Union Budget today
Union Finance Minister Nirmala Sitharaman on Tuesday will present her first budget since her government came to power for the third straight term after winning the Lok Sabha polls in June.
Budget 2024-25: Tax reliefs, infrastructure growth, and EV push top expectations
New Delhi: Finance Minister Nirmala Sitharaman is all set to present the full Union Budget for the Financial Year 2024-25 on Tuesday July 23. There are a multitude of expectations from the Budget, the first from the newly elected Narendra Modi government. Many experts are of the opinion that the Modi government will lean towards a populist budget in its third term This is also driven by the fact that, lacking an absolute majority, the Bharatiya Janata Party needs to keep its coalition partners on board.
Budget expectations: Modi 3.0 may propose income tax rate cut, incentives for PSUs
Mumbai: The Indian stock markets are expected to witness volatility over the next two weeks as they anticipate and then react to Finance Minister Nirmala Sitharaman’s budget proposals for the fiscal year 2024-25 (FY25), media reported.
Modi 3.0 to present Union Budget on July 23
New Delhi: The Union Budget for the financial year 2024–25 will be presented in the Lok Sabha on July 23. The budget session of Parliament is scheduled to take place from July 22 to August 12.
Nirmala Sitharaman set to make history with 7th consecutive Budget next month
New Delhi: Finance Minister Nirmala Sitharaman is poised to make history next month when she presents the Union Budget 2024-25 in Parliament.
Centre used Rs 9,48,506 cr in Capex in FY24
New Delhi: The Centre utilized Rs 9,48,506 crore for capital expenditure in FY24, nearly matching the revised estimate (RE) of Rs 9,49,555 crore, accounting for 99.9 percent of the RE, according to government data released on Friday.
India's FY24 fiscal deficit at 5.6% of GDP lower than estimated 5.8%
New Delhi: India's fiscal deficit for FY24 was Rs 16.54 lakh crore, below the budgetary target of Rs 17.86 lakh crore, reaching 95.3 percent of the target, according to data from the Comptroller General of Accounts released on Friday.
Bengal: Cash strapped Mamata Banerjee-govt presents Rs 3.6 lakh crore budget
Kolkata/IBNS/UNI: Finance Minister Chandrima Bhattacharya on Thursday presented a Rs 3.6 lakh crore budget for West Bengal for 2024-25 with a slew of benefits expanding assistance to the poor and common people ahead of the Lok Sabha election.
'Growth, welfarism and fiscal restraint': NSE MD on Interim Budget
The Interim Budget FY25 presented by Finance Minister Nirmala Sitharaman focused on growth, welfarism and fiscal restraint, while ensuring continuity on policies and taxation.