Page 11 - Budget 2025 News

Govt projects 10.5% growth in revenue from taxes to Rs 18.23 trn in FY24

Collections from Customs duty are expected to rise by 11% to Rs 2.33 trillion, from Rs 2.10 trillion in the revised estimates

Budget 2023-24: Soon, Rs 75K-crore transport connectivity projects

Sitharaman has announced that coastal shipping will be a preferred mode of transport for passengers and freight

Budget 'progressive'; ticks all boxes, powers India's growth drive: Scindia

He also said the Budget gives a huge impetus to the vision of Ude Desh ka Aam Naagrik (UDAN)

Hero MotoCorp Chairman Munjal hails Budget; seeks GST cut on two-wheelers

Munjal said that the finance minister presented an inclusive budget with a vision to develop Bharat and India and its various constituents simultaneously

Budget has neatly identified key priority areas, says Kaku Nakhate

Kaku Nakhate, President & India Country Head, Bank of America, talks about Union Budget 2023

Union Budget 2023-24: FM Sitharaman extends tax benefits to start-ups

The allocation for start-ups in the Budget include Rs 160 crore under Startup India Seed Fund (SISF)

Budget 2023: Credit Guarantee Scheme for MSMEs gets Rs 9,000-cr boost

This is expected to reduce the cost of credit by 1 per cent for MSMEs, said Union Finance Minister Nirmala Sitharaman

Union Budget 2023: Govt allocates Rs 35,581 crore to Jammu and Kashmir

This allocation is substantially lower than the current fiscal's revised estimate of Rs 44,538.13 crore

Union Budget 2023: Rs 19,518 crore allocated to metro projects across India

The outlay for this year includes equity investment of Rs 4,471 crore, subordinate debt of Rs 1,324 cr and pass through assistance Rs 13,723 crore

Union Budget 2023: Centre allocates Rs 44,094 crore for higher education

In 2023-24, the grant for the UGC has been increased by 9.37 per cent -- an increase of Rs 459 crore

Budget 2023: GIFT City gets a big boost as govt announces several sops

Pnotes issued at IFSC will be recognised by bourses; as on December 2022, FPIs' pnote holding at just Rs 96,000 cr

Landmark budget of New India that's emerging as economic powerhouse: MoS IT

Country is expanding investments in modern capex, digitalisation, modern cities, and skilling for youth, tax cuts for the middle class and expanding support and opportunities for all, minister said

Union Budget 2023: Govt allocates Rs 5.94 trillion to defence ministry

The allocation to Defence Research Development Organisation (DRDO) has been put at Rs 23,264 crore

Budget: Domestic tourism gets a fillip, overseas travel set to get costlier

Travel industry expressed mixed feelings about the budget as some of the demands for tax concessions or industry status for the sector too were not addressed in the budget

Gems and jewellery industry disappointed with Union Budget for 2023-24

Currently, the basic customs duty on silver dore is 6.1 per cent, while on semi-manufactured items it is 7.5 per cent

Budget ends tax advantage in MLDs, move to impact wealthy investors

Products that invest in fixed-income and derivative instruments enjoyed taxation for bonds

Nothing in Union Budget to solve economic disparities in country: Kerala CM

The Chief Minister, in a statement, also expressed the view that the budget has not taken a regionally balanced approach

Union Budget 2023-24: Centre allocates Rs 11,933 crore to Delhi Police

Finance Minister Nirmala Sitharaman on Wednesday presented the Union Budget for 2023-24

Budget 2023 a balancing act with focus on prosperity and inclusiveness

Budget 2023: Raising of tax slabs along with reduction in peak surcharge shall result in around Rs 35,000 crore being saved by tax payers and hopefully being spent to boost consumption

Enablers in Budget will perk up economy: FDCI chairman Sunil Sethi

"It is exciting to know about the encouragement to states for setting up Unity Malls for the further promotion and sale of One District One Product scheme, GI and handicraft products"