As India continues its journey towards becoming a $5 trillion economy, Sudha Reddy, Entrepreneur, Director – MEIL, and Women Industry Leader, highlights that the upcoming Union Budget 2024-25 is a crucial opportunity to reinforce growth across industries, strengthen infrastructure, and foster inclusivity-especially for women in business and leadership. Mrs. Sudha …
Read More »The 2025 Union Budget: A Blueprint for Infrastructure-Driven Growth
“As we look towards the 2025-26 Union Budget, it is clear that infrastructure expenditure will be a key driver of economic growth and development. With the governments allocation of Rs 11.1 lakh crore for infrastructure in the 2024-25 budget already setting a strong foundation, we expect this momentum to accelerate …
Read More »Net Direct Tax collections (provisional) for Financial Year (FY) 2023-24 exceed Union Budget Estimates by Rs. 1.35 lakh crore i.e. by 7.40%
The provisional figures of Direct Tax collections for the Financial Year (FY) 2023-24 show that Net collections are at Rs. 19.58 lakh crore, compared to Rs. 16.64 lakh crore in the preceding Financial Year i.e. FY 2022-23, representing an increase of 17.70%. The Budget Estimates (BE) for Direct Tax revenue in the Union Budget …
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