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.

Budget 2024-25: Indian Railways capex increased marginally to record Rs 2.652 trillion; focus on critical safety works

New Delhi: The Indian Railways received a 2 percent increase in its capital expenditure (capex) allocation in the Union Budget of 2024-25, reaching a record Rs 2.652 trillion, up from Rs 2.6 trillion in the Revised Estimate (RE) for 2023-24.

Union Budget: Schemes for providing internship opportunities in top companies launched, what is the internship allowance?

The Indian Government will launch a comprehensive scheme for providing internship opportunities in top companies, Union Minister Nirmala Sitharaman announced on Tuesday.

Union Budget: Government will implement 3 schemes for 'Employment Linked Incentive'

The Government will implement 3 schemes for ‘Employment Linked Incentive’, as part of the Prime Minister’s package.

Union Budget: Land reform and actions to be incentivised for completion within next 3 years

While presenting the Union Budget 2024-25 in Parliament on Tuesday, the Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman said land-related reforms and actions, both in rural and urban areas, will be incentivized for completion within the next 3 years through appropriate fiscal support. 

Union Budget announces venture capital fund of Rs. 1,000 crore to expand space economy by five times in next 10 years

Union Finance Minister Nirmala Sitharaman has announced several measures to step up adoption of technology towards digitalization of the economy.

Union Budget: Financial support for higher education loans up to Rs. 10 lakh to help youth who are not eligible for any benefit under govt schemes, policies

Union Minister for Finance & Corporate Affairs Nirmala Sitharaman announced a financial support for loans upto Rs. 10 lakh for higher education in domestic institutions for helping youth who have not been eligible for any benefit under government schemes and policies.

Nirmala Sitharaman proposes abolishment of angel tax to bolster Indian start-up eco-system

Union Finance Minister Nirmala Sitharaman proposed to abolish ‘angel tax’ for all classes of investors while presenting the Union Budget 2024-25 in Parliament on Tuesday.

Union Budget: Indian government allocates Rs. 11,11,111 crore for capital expenditure

Acknowledging the strong multiplier effect of building and improving infrastructure on the economy, the Union Minister for Finance & Corporate Affairs, Nirmala Sitharaman while presenting the Budget 2024-25 in Parliament today announced the provisioning of ₹ 11,11,111 crore for capital expenditure.

Union Budget: Long-term capital gains on financial, non-financial assets will attract a tax rate of 12.5 per cent

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.

Union Budget: Standard reduction increased from Rs. 50,000 to Rs. 75,000

Several benefits to provide tax relief to salaried individuals and pensioners opting for the new tax regime were announced by the Union Finance and Corporate Affairs Minister Nirmala Sitharaman while presenting the Union Budget 2024-25 in the Parliament on Tuesday.

Union Budget: India's real growth stands at 8.2 percent, fiscal deficit is estimated at 4.9 per cent of GDP

India’s Real growth stands at 8.2 percent and Nominal growth at 9.6 percent in FY 2023-24, Finance Minister Nirmala Sitharaman said on Tuesday while presenting the Union Budget.

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.

EV sector seeks incentives and tax rationalisation from Union Budget 2024: Report

New Delhi/IBNS: With Union Finance Minister Nirmala Sitharaman scheduled to present the Union Budget 2024 on July 23, India's electric vehicle (EV) industry is optimistic about potential announcements that could spur industry growth, reports ANI.

Here's how stock markets are likely to react before and after Union Budget 2024

Mumbai/IBNS: The Government of India is set to present the Union Budget 2024 on July 23 this year.