Nirmala Sitharaman
- India
Budget 2024-25: Centre proposes Rs 26,000 crore for road projects in Bihar
New Delhi: The Centre on Tuesday proposed an outlay of Rs 26,000 crore for various road projects in Bihar. In her Budget for 2024-25, Finance Minister Nirmala Sitharaman said the Union government…
- India
FM announces cut in corporate tax on foreign companies to 35 per cent
New Delhi: Finance Minister Nirmala Sitharaman on Tuesday announced a reduction in the corporate tax rate on foreign companies to 35 per cent to attract foreign capital flow. Budget 2024-25 has proposed…
- India
Budget 2024-25: Govt proposes to fully exempt 3 cancer drugs from customs duty
New Delhi: The government on Tuesday proposed to fully exempt three cancer medicines from custom duties. “To provide relief to cancer patients, I propose to fully exempt three more medicines from customs…
- Andhra Pradesh
Budget 2024-25: Centre unveils Rs 15,000 crore for capital development in AP
New Delhi: Finance Minister Nirmala Sitharaman on Tuesday announced Rs 15,000 crore for the development of Andhra Pradesh’s capital city this fiscal, addressing long-standing commitments under the Andhra Pradesh Reorganization Act. Presenting…
- India
Relief for salaried class under new tax regime; 50 per cent hike in standard deduction
New Delhi: In sops for the middle class, Finance Minister Nirmala Sitharaman on Tuesday hiked standard deduction by 50 per cent to Rs 75,000 and tweaked tax slabs under the new income…
- India
Mobile phones to get cheaper as Nirmala Sitharaman reduces basic customs duty
New Delhi: Finance Minister Nirmala Sitharaman announced a reduction of 15 per cent in the Basic Customs Duty (BCD) on mobile phones while presenting the Union Budget for the fiscal year 2024-25…
- India
Govt extends financial support for flood mitigation, irrigation projects
New Delhi: Finance Minister Nirmala Sitharaman on Tuesday announced a comprehensive financial support plan of Rs 11,500 crore to enhance flood control measures and irrigation projects across several states. Presenting the Budget…
- Business
Glad to know Hon’ble FM has read Congress manifesto: Chidambaram
New Delhi: After Union Finance Minister Nirmala Sitharaman introduced many schemes while presenting the Budget on Tuesday, former Finance Minister P. Chidambaram said that he is glad to know that the Finance…
- Business
FDI rules will be simplified, says Sitharaman in Budget speech
New Delhi: Seeking to attract more funds into the country, Finance Minister Nirmala Sitharaman on Tuesday said rules for Foreign Direct Investment (FDI) will be simplified. Presenting the Union Budget 2024-25, the…
- India
Govt to abolish angel tax on investments in startups
New Delhi: Finance Minister Nirmala Sitharaman on Tuesday announced abolishing angel tax for all classes of investors in startups. In her Budget speech, she also announced various changes with respect to tax…
- India
Budget speech more focused on posturing than action: Congress
New Delhi: The Congress on Tuesday claimed that the government seems to have finally come around to “tacitly admitting that mass unemployment is a national crisis” that requires urgent attention, as it…
- India
Govt cuts customs duty on gold, silver, mobile phones
New Delhi: Finance Minister Nirmala Sitharaman on Tuesday proposed reduction in basic customs duty on gold and silver to 6 per cent and platinum to 6.4 per cent. In her budget speech…
- Business
Sensex trades flat ahead of Union Budget
Mumbai: India equity indices were trading flat on Tuesday ahead of Finance Minister Nirmala Sitharaman’s budget presentation at 11 a.m. in Parliament. At 9:55 a.m., Sensex was up 35 points or 0.04…
- India
Nirmala Sitharaman set to present budget today
New Delhi: Finance Minister Nirmala Sitharaman is set to present the Union Budget 2024 in Parliament today, marking her seventh consecutive budget and eclipsing the late Moraji Desai’s record of six consecutive…
- Business
Economic Survey pitches for more FDI from China
New Delhi: Amidst strained ties with China, the pre-budget Economic Survey on Monday made a strong case for seeking foreign direct investments (FDI) from Beijing to boost local manufacturing and tap the…
