The 'Halwa' ceremony, held in New Delhi on July 16, marks a significant tradition before the Union Budget 2024-25 preparation concludes. Finance Minister Nirmala Sitharaman and MoS for Finance Pankaj Chaudhary were present as the Finance Minister stirred and distributed Halwa to ministry officials. This ceremony symbolizes the beginning of the 'lock-in' period, where officials involved in budget preparation remain secluded until the budget presentation on July 23, 2024. It's a ritual that signifies confidentiality and dedication in the final stages of budget formulation, ensuring that the process remains secretive until the budget is officially presented to the public. Watch video.
17 July,2024 11:53 AM IST
On 27th of February, at 2 pm, Maharashtra Deputy Chief Minister Ajit Pawar presented the interim budget for the state for the financial year 2024-25.On day 1 of the budget session of the state assembly, the government had tabled supplementary demands worth Rs 8,609 crore, including Rs 1,438.78 crore for the repayment of outstanding loans related to Mumbai, Nagpur and Pune metros. Pawar had tabled the supplementary demands after the council.The government had tabled supplementary demands worth Rs 55, 520.77 crore in the winter session last year. Let's take a look at the key highlights of Maharashtra budget 2024. Watch video.
27 February,2024 05:45 PM IST
Interim Budget 2024 was presented today by Union Finance Minister Nirmala Sitharaman for the year 2024-25. Her budget speech lasted 56 minutes, her shortest ever. While BJP leaders lauded the budget for its host of measures focusing on realising the resolve of a developed India, the opposition termed it hollow. Indian stock indices took a rollercoaster ride and settled marginally in the red, the day the central government presented its interim Budget for 2024-25. But what were the key highlights from the budget and how does it impact the economy? From Taxation, Agriculture, Energy to Tourism and Infrastructure, here are key budget highlights that you need to know.Also Read: Budget 2024 evokes mixed reactions from hospitality, healthcare and AI sectors
07 February,2024 02:27 PM IST
Union Finance Minister Nirmala Sitharaman on February 01 said the concept of social justice was used as a political slogan in the previous governments, however, today the BJP-led Central government has adopted the idea of social justice into its governance adding that the policies of the Centre has brought "secularism into action, reduced corruption, and prevented nepotism". "This is secularism in action, reduces corruption, prevents nepotism," Finance Minister Nirmala Sitharaman said while presenting the Interim Budget 2024 in Lok Sabha. "Social Justice was largely a political slogan. For our government, social justice is an effective and necessary governance model !! The saturation approach of covering all eligible people is the true and comprehensive achievement of social justice," Nirmala Sitharaman added.
02 February,2024 11:02 AM IST | Mumbai
Union Finance Minister Nirmala Sitharaman on 1st February, presented the Union Interim Budget 2024-25 today. This is her 6th consecutive budget presentation. In her Interim budget 2024 speech, she highlighted the Government’s vision for ‘Viksit Bharat’ and plans to achieve the same looking ahead at ‘Amrit Kaal’ of 2047. She said, "Our government will adopt economic policies that foster and sustain growth, facilitate inclusive and sustainable development, improve productivity, create opportunities for all, help them enhance their capabilities and contribute to generation of resources to power investments and fulfil aspirations...". In her speech, to address fervour for domestic tourism, the finance minister announced floating projects for port connectivity, tourism infra & amenities on islands including Lakshadweep. For further growth of the agriculture sector, the government has pitched to further promote public & private investment in post-harvest activities.
01 February,2024 03:30 PM IST
Prime Minister Narendra Modi hailed the Interim Budget 2024 presented by Union Finance Minister Narendra Modi and said the budget is just like a sweet spot. PM Modi also highlighted that the budget presented the Nirmala Sitharaman caters to the four pillars of Viksit Bharat. Various political leaders also reacted to the budget. Congress MP Shashi Tharoor labelled it as one of the shortest speeches on record in the Budget and termed it disappointing. Defence Minister Rajnath Singh mentioned it as an encouraging budget and said that the government is fully confident of achieving the target of becoming a developed nation by 2047. Congress MP Manish Tewari said that it is a 'vote-on-account' which has only one purpose to keep the government solvent for the first quarter of the current fiscal year.
01 February,2024 03:10 PM IST
Union Finance Minister Nirmala Sitharaman presented the Union Interim Budget 2024-25 today. Congress MP Shashi Tharoor labelled it as one of the shortest speeches on record in the Budget and termed it disappointing. Defence Minister Rajnath Singh mentioned it as an encouraging budget and said that the government is fully confident of achieving the target of becoming a developed nation by 2047. Congress MP Manish Tewari said that it is a 'vote-on-account' which has only one purpose to keep the government solvent for the first quarter of the current fiscal year. Union Minister VK Singh said “Everything will be for 'Vikshit Bharat'...everything has been discussed in the budget to strengthen the economy...". From the opposition MP’s to the ruling government leaders, here’s how the political leaders reacted to the Interim Budget announcement.
01 February,2024 01:31 PM IST
Union Finance Minister Nirmala Sitharaman presented the Union Interim Budget 2024-25 today. This is her 6th consecutive budget presentation. In her interim Budget 2024 speech, she announced that there will be no change in the tax structure. “I do not propose to make any changes relating to the taxation and propose to retain the same tax rates for direct and indirect taxes including import duties”. Finance Minister Nirmala Sitharaman said in her interim Budget speech. She announced proposals for making improvements in the tax-payers services for ensuring ease in living and ease of business. She also proposed to withdraw all pending tax demands up to ₹25,000 till 2009-10 and ₹10,000 till 2014-15; benefiting 1 crore tax payers.
01 February,2024 01:00 PM IST
Union Finance Minister Nirmala Sitharaman is presenting the Union Interim Budget 2024-25. This is her 6th consecutive budget presentation. Nirmala Sitharaman kickstarted her Interim Budget 2024 speech by highlighting the positive transformation in the last 10 years under the Modi Government. The finance minister underlined Skill India Mission, the idea of ‘Viksit Bharat’ and enhancing real income in the rural areas and empowering the poor. Watch her latest budget speech here.
01 February,2024 11:54 AM IST
Finance Minister Nirmala Sitharaman on Feb 01 posed along with her team ahead of presentation of Budget 2024. It will be her sixth Budget as the Finance Minister and last in the second term of the Modi Government. She will table the interim budget 2024 before the country heads for Lok Sabha Polls later this year.
01 February,2024 10:44 AM ISTADVERTISEMENT
