December 23, 2024 07:24 pm (IST)
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Cylinder blast at a temple in Karnataka's Hubbali injures nine people | Kuwait PM personally sees off Modi at airport as Indian premier concludes two-day trip | Three pro-Khalistani terrorists, who attacked a police outpost in Gurdaspur, killed in an encounter | Who is Sriram Krishnan, an Indian-American picked by Donald Trump as US AI policy advisor? | Mohali building collapse: Death toll rises to 2, many feared trapped for 17 hours | 4-year-old killed after speeding car driven by a teen hits him in Mumbai | PM Modi attends opening ceremony of Arabian Gulf Cup in Kuwait | Jaipur gas tanker crash: Toll touches 14, 30 critical | Arrest warrant against former cricketer Robin Uthappa over 'PF fraud' | PM Modi emplanes for a visit to Kuwait

Govt rolls back LTCG taxes: Big relief for property owners

Aug 08, 2024, at 05:38 am

New Delhi: In a significant relief for property owners, the central government has proposed an amendment to the long-term capital gains (LTCG) taxes for properties purchased before July 23, 2024, media reports said.

Govt likely to raise STCG tax above 20% in future, says official

Jul 31, 2024, at 08:26 pm

New Delhi/IBNS: The government is likely to consider further raising the short-term capital gain (STCG) tax rates in the coming years, Moneycontrol reported quoting a senior government official.

A Boost for Angel Investors, Start-ups, and Real Estate says Laxman Jaiswal on the Union Budget 2024

Jul 25, 2024, at 07:17 pm

Eastern India’s leading Infra and e-commerce start up founder, Laxman Jaiswal said in a statement that the Union Budget of India for the fiscal year 2024 has been widely anticipated for its potential impact on various sectors, including angel investors, start-ups, and real estate.

Gold, silver prices plummet by Rs 4,000 after budget slashes custom duty

Jul 24, 2024, at 04:07 am

New Delhi: Finance Minister Nirmala Sitharaman announced a significant reduction in customs duties on gold and silver during her Budget presentation on Tuesday.

Budgets 2024-25: Key benefits Finance Minister Nirmala Sitharaman announced

Jul 24, 2024, at 03:18 am

New Delhi: Union Finance Minister Nirmala Sitharaman on Tuesday announced some key benefits for people in Budget 2024-25.

Real estate stocks fall after Budget removes indexation benefit on LTCG

Jul 24, 2024, at 01:01 am

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.

Industry leaders hail Modi 3.0 Budget 2024-25 for strong support to MSMEs, fiscal prudence, and growth initiatives

Jul 23, 2024, at 11:13 pm

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.

Sitharaman's Budget 2024 eyes jobs creation, sets aside big pie for Andhra-Bihar political priorities, pleases salaried class

Jul 23, 2024, at 08:08 pm

New Delhi/IBNS: While focusing on employment generation and rural development, the two components that supposedly cost the Narendra Modi government an absolute majority in its third consecutive term, the historic seventh Union Budget by Finance Minister Nirmala Sitharaman spent a considerable pie for Andhra Pradesh and Bihar, the two states ruled by major allies of the Bharatiya Janata Party (BJP)-led NDA, which returned to power with coalition strings attached.

Budget 2024: Sitharaman announces help for Himachal Pradesh, Uttarakhand, Sikkim, Assam to tackle natural calamity effects

Jul 23, 2024, at 05:48 pm

New Delhi/IBNS: Union Finance Minister Nirmala Sitharaman on Tuesday announced help for three hill states- Himachal Pradesh, Uttarakhand and Sikkim- and Assam to tackle the effects of natural calamity.

Budget 2024: Sitharaman announces financial aid for Andhra Pradesh, major support for Bihar

Jul 23, 2024, at 05:28 pm

New Delhi/IBNS: Union Finance Minister Nirmala Sitharaman on Tuesday made major announcements for two states, Andhra Pradesh and Bihar, which are ruled by the Modi government's key allies, Telugu Desam Party and Janata Dal (United) respectively.

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

Jul 15, 2024, at 10:29 pm

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

Jul 12, 2024, at 10:26 pm

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

Income Tax Budget 2024 expectations: Will Nirmala Sitharaman introduce new tax breaks or modify existing ones?

Jul 04, 2024, at 02:22 am

New Delhi: As the Union Budget 2024 approaches, taxpayers and financial experts are keen to see if new tax deductions will be introduced or existing ones modified.

GST Council tweaks rates for range of products and services

Jun 23, 2024, at 06:51 am

New Delhi: Union Finance Minister Nirmala Sitharaman presided over preliminary discussions with finance ministers from states and Union Territories to gather their perspectives ahead of the upcoming Budget.

PM Modi calls Budget 2024 'innovative and inclusive'

Feb 01, 2024, at 07:59 pm

New Delhi/UNI: Prime Minister Narendra Modi on Thursday termed the Union interim budget 2024–25 as "innovative and inclusive" and said it will empower all sections of society.

Sitharaman's Interim Budget 2024: No change in tax rates, focus stays on capex

Feb 01, 2024, at 07:38 pm

New Delhi/UNI: Presenting the interim budget for 2024-25, Union Finance Minister Nirmala Sitharaman on Thursday kept the tax rates unchanged and continued to focus on public spending to boost growth.

Budget 2024: Next five years to see unprecedented development, says Nirmala Sitharaman

Feb 01, 2024, at 07:33 pm

New Delhi/UNI: Union Finance Minister Nirmala Sitharaman on Thursday said the next five years will be years of unprecedented development to realise the goal of India becoming a developed country by 2047.

Sitharaman proposes housing scheme for 'deserving' section of middle class

Feb 01, 2024, at 07:27 pm

New Delhi/UNI: Finance Minister Nirmala Sitharaman on Thursday proposed to launch a scheme for 'deserving' sections of the middle class to help them buy or build their own houses.

Budget 2024: Shyam Steel suggests areas of principal focus for growth of steel industry

Jan 31, 2024, at 06:31 am

Mumbai: Ahead of the unveiling of the Interim Budget 2024 by Finance Minister Nirmala Sitharaman on February 1, Shyam Steel Industries Ltd Director Lalit Beriwala made a string of suggestions to ease disruptions and propel the steel industry’s growth.

Budget 2024: Expectations of real estate sector

Jan 31, 2024, at 06:02 am

As the government prepares to unveil the Union Budget for the fiscal year 2024-25, the real estate sector takes center stage in expectations, hoping for impactful policy measures to boost its growth and enhance transparency. Major players in the industry are advocating for targeted interventions to rejuvenate the sector, address housing shortages, and strengthen the positive trajectory initiated by recent reforms.

Nirmala Sitharaman to match Morarji Desai's record when she presents sixth straight budget on Feb 1

Jan 27, 2024, at 06:01 am

New Delhi: Finance Minister Nirmala Sitharaman is all set to match the record of former Prime Minister Morarji Desai when she presents her sixth straight budget on February 1.