April 20, 2024 23:21 (IST)
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FM Nirmala Sitharaman presents Interim Budget 2024-25: Industry reacts

New Delhi: Finance Minister Nirmala Sitharaman on Thursday said India's economy is undergoing a profound shift as she presented the final budget of the Narendra Modi government before the Lok Sabha polls scheduled for May. Emphasising the government's commitment, Sitharaman highlighted a focus on enhancing conditions for marginalised groups, including the poor, women, youth, and farmers, laying the groundwork for forthcoming welfare schemes in these sectors during her Budget 2024 address.

Budget 2023-24: Push for millets, bio gas, agri-tech, increased agriculture credit target welcomed

New Delhi/IBNS: Finance Minister Nirmala Sitharaman allocated around Rs 1.15 crore to Ministry of Agriculture and Farmers Welfare in Budget 2023-24 against the last year's approximately Rs 1.10 lakh crore, a hike of around 4.6 percent.

Budget 2023-24: EV sector welcomes custom duty reduction on capital goods for Lithium batteries manufacturing

New Delhi/IBNS: The electric vehicle industry welcomed the reduction in customs duty on lithium cells and subsidy extension on batteries announced in the Union Budget 2023-24 by Finance Minister Nirmala Sitharaman on Wednesday.

Budget 2023-24 continues from the last year which steered India through toughest periods faced by mankind: BSE MD & CEO Sundararaman Ramamurthy

Mumbai/IBNS: The Budget of 2023 continues from the earlier budgets which successfully guided India during one of the toughest periods for mankind, with a continued focus on Aatmanirbhar Bharat and Amrit Kaal, said BSE MD & CEO Sundararaman Ramamurthy reacting to the Budget.

'High quality budget focusing on infra growth, fiscal discipline': Tata Steel CEO & MD T. V. Narendran

Jamshedpur/IBNS: Lauding the government’s increased focus on the development of capital infrastructure, Tata Steel CEO & MD T. V. Narendran called the Budget a “high-quality budget”.

Budget 2023 reactions: Indian biz sector says budget will push growth

New Delhi/IBNS: The Indian business sector Wednesday extolled Finance Minister Nirmala Sitharaman for maintaining a continued focus on growth in terms of capital formation and job creation while reducing the tax burden on the salaried class in Union Budget 2023.

Union Budget 2023: SBI, PNB Housing, Kotak Investment Advisory react

New Delhi/IBNS: Finance Minister Nirmala Sitharaman on Wednesday (Feb 1, 2022) tabled the Union Budget for the Financial Year 2023-24 with a major focus on capital formation with the highest outlay ever outlay of Rs 2.40 lakh crore, about 9 times the outlay made in 2013-14. In a major relief to the middle class of the country, the Basic exemption limit has been raised to Rs 3 lakh from the existing Rs 2.5 under the new income tax regime in Budget 2023-24. Tax rebate under Section 87A has been hiked from Rs 5 lakh to Rs 7 lakh.

Hinduja Group commends FM Sitharaman for growth focussed inclusive Budget with emphasis on capital expenditure

New Delhi/IBNS: The Hinduja Group has lauded the Union Budget presented by Finance Minister Nirmala Sitharaman on Wednesday (Feb 1, 2022) for the Financial Year 2023-24 with a major focus on capital formation with the highest outlay ever outlay of Rs 2.40 lakh crore, about 9 times the outlay made in 2013-14.

'Budget aptly prioritizes growth; I welcome increased capital spending of Rs 10 lakh cr': Tata Sons Chairman N Chandrasekaran

Mumbai/IBNS: Tata Sons Chairman N Chandrasekaran has praised the Union Budget for prioritizing growth “given the challenging macro backdrop of slowing global growth and tightened financial conditions.”