What TV doesn't, print can't; we deliver.
What TV doesn't, print can't; we deliver.
Pawan Munjal, Executive Chairman of Hero MotoCorp, expressed confidence in the budget's potential to stimulate consumption, attract substantial investments, and stabilize inflation while maintaining a focus on economic growth and fiscal responsibility.
Finance Minister Nirmala Sitharaman in her Budget 2024 speech announced a substantial allocation of ₹1.52 lakh crore for the agriculture and allied sectors in the fiscal year 2024–25.
Finance Minister Nirmala Sitharaman in her speech presenting Budget 2024, abolished Angel tax to boost startup on July 23.
First-time employees in the formal sector will receive a direct benefit transfer equivalent to one month's wage, up to ₹15,000, in three installments.
This adjustment is set to save salaried employees an additional ₹17,500 annually in income tax.
The Economic Survey 2023-24 tabled in the Parliament by Finance Minister Nirmala Sitharaman anticipates a 2 to 2.5 times increase in energy needs by 2047 to support economic growth. The report also highlighted that India faces challenges in balancing energy transition with other developmental priorities
The Union Finance Minister Nirmala Sitharaman tabled the Economic Survey 2023-24 on July 22. The survey conservatively projects real GDP growth of 6.5–7%, with risks evenly balanced, cognisant of the fact that the market expectations are on the higher side.
The survey reveals notable progress in India's labour market over the past six years, with the unemployment rate falling to 3.2% for 2022-23.
Agriculture remains a cornerstone of the Indian economy, demonstrating steady growth with an average annual rate of 4.18% at constant prices over the past five years. However, provisional estimates for 2023-24 show a slower growth rate of 1.4% at constant prices, highlighting both progress and areas needing improvement.
Union Finance Minister Nirmala Sitharaman announced several key decisions after the 53rd GST Council meeting aimed at curbing tax evasion and promoting uniformity in taxation, including the pan-India rollout of Aadhaar-based biometric authentication to curb fake invoicing.
