Tag: Nirmala Sitharaman
Sensex crashes in intra-day on budgetary proposals; recovers to close 73 points down
Key TakeawaysThe Sensex crashed over 1200 points due to budgetary proposals, including a hike in securities transaction tax on futures and options and an...
Rajnath thanks FM for highest allocation to Defence
Key TakeawaysThe Union Budget 2024-25 allocates the highest amount to the Defence Ministry, with Rs 6,21,940.85 Crore.The Budget gives a 30% increase in allocation...
FM proposes to exempt 25 critical minerals from custom duties
Key TakeawaysThe Finance Minister proposes to exempt customs duties on 25 critical minerals, including lithium, copper, cobalt, and rare earth elements.The Budget reduces customs...
Focus on higher capex continues, Rs 11.11 lakh crore capex allocated in Budget
Key TakeawaysThe Union Budget 2024-25 allocates Rs 11.11 lakh crore for capital expenditure, maintaining higher public spending on infrastructure development.The Centre will encourage states...
Solar push: 1 crore households to get 300 units of free power
Key TakeawaysThe Finance Minister has launched PM Surya Ghar Muft Bijli Yojana to provide 300 units of free solar power to 1 crore households...
FM proposes Income Tax law review for making it simple
Key TakeawaysThe Union Finance Minister proposes to review the Income Tax Act to make it simpler and more concise.The review process aims to reduce...