Page 22 - Budget 2025 News

PM Modi chairs meeting of Council of Ministers ahead of Budget 2023-24

The meeting, the first to be held for the Union Council of Ministers in 2023, started around 10 am and is expected to conclude in the evening

Capital gains tax should be rationalised; need simpler ITR form: Experts

The Finance Ministry is already working on a user-friendly common income tax return form for all taxpayers and an announcement to this effect is expected in the 2023-24 Budget to be unveiled on Feb 1

Industry expects Budget to provide thrust to UDAN, help more airports

The govt has set a target to operationalize 1,000 UDAN routes during the currency of the scheme and to revive and develop 100 unserved and underserved airports, heliports, water aerodromes by 2024

Rail Budget FY24: Focus on incomplete projects, big push for Make in India

The Modi government is working on increasing the railway budget by 20-25 per cent to strengthen the infrastructure of the entire railway system

FinMin to stick to privatisation of already announced CPSEs next fiscal

In the current fiscal, the government had budgeted to collect Rs 65,000 crore from disinvestment

Give incentives for sectors impacted by economic meltdown: IT leaders

ICEA recommended reducing the inputs of the open cell at zero duty

Despite ammo against govt, divided Oppn may fritter away Budget session

Congress is undeterred and is attacking the government with renewed energy after the successful Bharat Jodo Yatra which has put its leader Rahul Gandhi first among the opposition

Budget 2023: FM may bring fiscal deficit target down to less than 6% of GDP

Fiscal deficit helps in assessing macroeconomic stability of a nation, which also impacts inflation

Budget 2023: Govt should focus on broadening domestic economy, say experts

Clean energy is a key today and expanding use of Natural Gas via City Gas Distribution (CGD) will contribute to the efforts

US venture capitalists hope Budget 2023 supports growth, startup ecosystem

US venture capital firms investing in India are expecting the Union Budget 2023 to support the growth and development of the startup ecosystem in the country, according to a top investor

US industry seeks R&D policy for India's pharma sector ahead of Budget 2023

Ahead of the Union Budget 2023-24, the US pharma industry has said that India should come out with a research and development policy for its pharmaceutical sector.

Use AB-PMJAY funds for private sector: IMA tells govt ahead of Budget

The funds for the Ayushman Bharat Pradhan Mantri Jan Arogya Yojna should be used exclusively for the private sector for strategic purchase and creating a retainer system, the IMA has suggested

Budget 2023-24 wishlist: Here are the key challenges in retail sector

Large consumer markets and one of the youngest demographics

Budget 2023: Govt likely to avoid populist measures; tax tweaks possible

FM Sitharaman is unlikely to tinker much with tax rates, yet will also steer clear of populist measures, according to economists surveyed

HAL, BDL, BEL: Higher defence budget may spark fresh rally in related stks

Bharat Dynamics, Hindustan Aeronautics, and Bharat Electronics have skyrocketed 87 per cent, 79 per cent, and 44 per cent, respectively, since Budget 2022

Budget 2023 wishlist: ICEA calls for rationalisation of duties on parts

The industry body has also suggested that the government should ease the Basic Customs Duty (BCD) on high-end phones

Budget 2023: FHRAI pitches for infrastructure status to hospitality sector

"The industry needs infrastructure status to be accorded by Government of India to enable the hospitality sector avail long-term funds under the RBI Infrastructure lending norm criteria"

Budget 2023-24 wishlist: Here're key challenges in renewable energy sector

India missed the 175-Gw green energy target by the end of 2022 by 55 Gw as due to slow progress in project development

Budget 2023-24: T V Somanathan to Ajay Seth, meet the FM's crack squad

The Modi government will present its last full Budget on February 1 as the 2024 Budget will be a vote on account because the nation will be heading for the hustings from April next year

Budget 2023-24: Govt set to pay out Rs 4K cr under PLI by March end

Budget may extend the scheme to 6-7 more sectors such as toys and leather