While presenting the Union Budget 2024-2025 in Parliament today, the Union Minister for Finance & Corporate Affairs, Smt. Nirmala Sitharaman said the Budget with its focus on the nine identified priorities expedites the journey towards the goal of Viksit Bharat. Emphasizing that it has been a consistent endeavour of the …
Read More »GST: A Monumental Success with Reduced Tax Burden on Common Man, Says Finance Minister
Union Minister of Finance and Corporate Affairs, Smt. Nirmala Sitharaman in her Budget speech today said that GST has decreased the tax incidence on common man, reduced compliance burden and logistics cost for trade and industry. While presenting the Union Budget 2024-25 in Parliament today, the Minister termed GST as …
Read More »Government Announces 3 Employment-Linked Incentive Schemes under Prime Minister’s Package
The Government will implement 3 schemes for ‘Employment Linked Incentive’, as part of the Prime Minister’s package. These will be based on enrolment in the EPFO, and focus on recognition of first-time employees, and support to employees and employers. This was announced by Union Minister for Finance & Corporate Affairs, …
Read More »New Centrally Sponsored Skill Development Scheme Announced Under Prime Minister’s Package
Union Finance Minister, Smt. Nirmala Sitharaman has announced a new centrally sponsored scheme as the 4th scheme under the Prime Minister’s package, for skilling in collaboration with State governments and industry. While presenting the Union Budget 2024-25 in Parliament today, the Finance Minister said that 20 lakh youth will be skilled …
Read More »New Internship Scheme in Top Companies Launched Under Prime Minister’s Package
The Government will launch a comprehensive scheme for providing internship opportunities in top companies. This will be the 5th scheme under the Prime Minister’s package. While presenting the Union Budget 2024-25 in Parliament today, the Union Finance Minister, Smt. Nirmala Sitharaman announced that the scheme will provide internship opportunities in 500 …
Read More »Union Finance Minister Proposes Eight New Measures to Support MSME Promotion
“This budget provides special attention to MSMEs and manufacturing, particularly labour-intensive manufacturing,” stated Union Minister for Finance and Corporate Affair Smt. Nirmala Sitharaman while presenting Union Budget 2024-25, in Parliament today. The Union Finance Minister said that the Government has formulated a package that covers financing, regulatory changes and technology …
Read More »Union Budget 2024-25: Enhancing Agriculture Research for Higher Productivity and Climate Resilience
As part of measures to enhance productivity and resilience in Agriculture, Union Budget 2024-25 has announced several measures including thrust on agriculture research, promotion of natural farming and national cooperation policy. TRANSFORMING AGRICULTURE RESEARCH The Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman has said that the Government …
Read More »Union Budget 2024-25 Incentivizes States for Business Reforms and Digitalization
As part of the detailed roadmap for the pursuit of ‘Viksit Bharat’ and to generate ample opportunities for all, the Union Budget 2024-25, tabled in Parliament today by Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman, envisages sustained efforts on the 9 priorities with a special focus on …
Read More »Union Budget 2024-25: 12 ‘Plug and Play’ Industrial Parks Planned for National Industrial Corridor Development Programme
“Our government will facilitate development of investment-ready “plug and play” industrial parks with complete infrastructure in or near 100 cities, in partnership with the states and private sector, by better using town planning schemes.” proposed the Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman in the Union Budget …
Read More »SUMMARY OF THE UNION BUDGET 2024-2025
ART A Despite global economy remaining under the grip of policy uncertainties, India’s economic growth continues to be the shining exception and will remain so in the years ahead. Minister of Finance and Corporate Affairs Smt Nirmala Sitharaman, while presenting the Union Budget 2024-25 in Parliament today said that India’s …
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