Nirmala Sitharaman
- India
Budget reduces surcharge on HNIs, brings down India’s highest income tax rate to 39 pc
New Delhi: The Budget 2023-24 proposes to lower India’s highest rate of income tax to 39 percent, from 42.74 per cent at present, by reducing the surcharge applicable on high net-worth individuals.…
- Middle East
Gold Prices touched all-time high and Gulf jewelers observing closely
Jeddah: Gold rates climbed to a new life-time high of ₹58,060 per 10 gm on Wednesday in India and prices become volatile amid budget speech of Finance Minister Nirmala Sitharaman and went…
- India
‘Callous’ Budget has betrayed hopes of vast majority of people: Chidambaram
New Delhi: Congress leader P. Chidambaram on Wednesday accused the government for ignoring the common man behind, saying the absence of key concerns in Finance Minister Nirmala Sitharaman’s Budget speech showed how…
- Business
PM thumps desk 124 times during Sitharaman’s shortest-ever budget speech
New Delhi: Union Finance Minister Nirmala Sitharaman on Wednesday delivered her shortest-ever Budget speech of 86 minutes. This was her fifth budget speech. Her budget speech in 2022 ended in about 92…
- Kerala
Nothing in Union Budget to solve economic disparities in country: Kerala CM
Thiruvananthapuram: Kerala Chief Minister Pinarayi Vijayan on Wednesday said the Union Budget 2023-24 does not attempt to solve the growing economic disparities in the country. Vijayan, reacting to the budget presented by Union…
- India
Union Budget: Massive cut in funds for madrasas; merit-cum means scholarship
The Union budget 2023 witnessed an 87% cut in the merit-cum means scholarship meant for professional and technical courses for students from minority communities with just Rs 44 crore allocated to it.…
- India
Budget: Over Rs 946 crore allocated to CBI
New Delhi: The Centre has allocated Rs 946 crore to the Central Bureau of Investigation in the Union Budget 2023-24 announced on Wednesday, a slight increase of over 4.4 per cent from…
- Telangana
Income tax rebate is of no use to Telangana: BRS MLC Kavitha
Hyderabad: Reacting to the union budget delivered by Finance minister Nirmala Sitharaman BRS MLC K Kavitha Kalvakuntla on Wednesday said that the income tax rebate on income up to Rs 7 lakhs…
- India
Budget 2023-24 gives ‘nirasha’ instead of ‘asha’ to Indians: Akhilesh
Lucknow: Samajwadi Party chief Akhilesh Yadav on Wednesday said the Union Budget for 2023-24 has given “nirasha” (despair) instead of “asha” (hope) to people of the country. He also claimed that the…
- India
Govt doubles deposit limit for Senior Citizen Savings Scheme to Rs 30 lakh
Delhi: Finance Minister Nirmala Sitharaman on Wednesday proposed to double the deposit limit for Senior Citizen Savings Scheme to Rs 30 lakh and Monthly Income Account Scheme to Rs 9 lakh. In…
- India
GOBARdhan scheme to promote circular economy with investment of Rs 10,000 cr: FM
New Delhi: Finance Minister Nirmala Sitharaman on Wednesday said 500 new waste-to-wealth plants under GOBARdhan (Galvanizing Organic Bio-Agro Resources Dhan) scheme will be established to promote a circular economy. These will include…
- Technology
Budget 2023: 2 AI centres of excellence, 100 5G labs for developing apps
New Delhi: Three centers of excellence for artificial intelligence in top educational institutions and 100 labs in engineering institutions for developing applications using 5G services will be set up, Union Finance Minister…
- India
Govt targeting 5 MT of green hydrogen production by 2030: FM
New Delhi: The government is targeting 5 million tonnes (MT) of green hydrogen production by 2030, Finance Minister Nirmala Sitharaman announced on Wednesday in her Budget speech. She also said that the…
- India
FM announces scheme to improve socio-economic condition of vulnerable tribes
New Delhi: Finance Minister Nirmala Sitharaman on Wednesday proposed to launch a scheme to improve the socio-economic condition of particularly vulnerable primitive tribal groups. An amount of Rs 15,000 crore will be…
- India
Govt to continue 50-year interest-free loans to states for another year: Sitharaman
New Delhi: Finance Minister Nirmala Sitharaman on Wednesday announced that the Centre will continue 50-year interest-free loans to state governments for one more year. She also said the enhanced capex of Rs…
