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Right balance between economic growth and fiscal prudence

Budget 2024 has charted the course for transforming India into 'Viksit Bharat' by 2047 in the 'Amrit Kaal' with sustained efforts and special focus areas on poor, women, youth and farmer and on nine priority areas: productivity and resilience in agriculture; employment & skilling; inclusive human resource development and social justice; manufacturing & services; urban development; energy security; infrastructure; innovation, research & development and next generation reforms.

Govt abolishes angel taxon startup funding

Capital gains tax rates between listed, unlisted equity aligned

Budget ushers in relief for gold ETFs, equity FoFs

EQUITY, SELECT HYBRID FUNDS TO FACE HIGHER TAX BURDEN

Equity trading taxes raised to curb frenzy

STCG, LTCG, STT hiked; move to lift sticky investments

Markets pare losses

Sensex rebounds 1,200 pts from day's lows to end flat

Tax breaks and rural triggers may keep consumer stocks in play

While the Budget for FY25 ticked most of the right boxes, especially on the macro front, negative surprises in the form of higher tax incidence on financial assets and the withdrawal of indexation benefits on real estate led to a selloff initially.

Defence funding: On guard but unchanged

Current defence allocation’s impact on overall spending still unclear

Millions of jobs will begenerated: Modi

PM says education, skill development to get a push

FM sticks to the plan

Budget taxed and spent smartly, more clarity needed on fiscal path

Govts have limited impact on jobs

Policy reforms would work better than programmes or projects

Need a long-term vision

Why does the Budget in India evoke so much hype and expectation? Normally, it should be regarded as a routine annual accounting exercise, as in many other countries.

Sustaining the India story

The quality of expenditure continues to improve

Fiscal balance amid coalition compromises

Tinkering with rates proposed in the Budget does not change the protectionist stance and there is a need for rethink on the issue

'Panel of secretaries working on simplification of FDI rules'

A government panel is working on simplification of foreign direct investment (FDI) rules, including speed of approval of proposals as well as switching to an automatic approval mode, Commerce and Industry Minister PIYUSH GOYAL told Shreya Nandi in New Delhi in a post-Budget interview. Edited excerpts:

Setting the stage for India's sustained economic growth

The full Budget for FY25 signals policy continuity and retains focus on fiscal consolidation, a central tenet of the previous government.

FM's tax measures seek to widen net, cut litigation

Deepening the tax base, reducing litigation, and ensuring tax certainty for taxpayers with a long-term vision to reform the taxation framework have been emphasised in the Budget.

Rahul flags 'hollow' Budget promises; demands ignored, say regional parties

On Tuesday, Congress leader Rahul Gandhi led the Opposition in slamming the government for presenting a Budget full of \"hollow promises\", adding the Centre sought to appease its Andhra Pradesh and Bihar allies to ensure the survival of its government at the Centre.

Changed mood: Budget Day reflects new Lok Sabha reality

The new political context was the underlay of the final Budget 2024-25.

Coalition, poll maths to the fore

Finance Minister Nirmala Sitharaman presented the Union Budget for FY25 on Tuesday, seeking to respond to the political message that the June 4 Lok Sabha poll verdict had thrown up, and the challenges that the Bharatiya Janata Party (BJP) faces.

Capex support continues to be sustained

A balanced Budget, focused on national priorities, continues to support the growth of rail infrastructure as already spelled out in the interim Budget 2024-25.

Rly capex rises to ₹2.65 trillion

Around ₹1.08 trillion lined up for critical safety works like Kavach

FM exhorts states to take up next-gen reforms agenda

In her Budget speech, Finance Minister Nirmala Sitharaman on Tuesday underlined the need for collaboration between the Centre and states to take up the next-generation reforms covering land, labour, capital, and entrepreneurship.

'Budget aims to create abundant opportunities'

Finance Sitharaman's Budget for the fiscal year 2024-25 outlines ambitious initiatives aimed at fostering economic growth, enhancing infrastructure, and encouraging innovation across various sectors.

Budget draws road map for industry-ready workforce

Internship opportunities, easy skilling loans, new centrally sponsored scheme, and ITI upgrade announced

Job creation gets Budget boost with incentives

Recognising job creation for the youth as the foremost challenge for the economy, Finance Minister Nirmala Sitharaman on Tuesday announced a comprehensive Prime Minister's package to facilitate the employment and skilling of 41 million youth with a central outlay of ₹2 trillion over the next five-year period.

Budget lays ground for further reforms

The Union Budget is a valuable statement of intent of the government's commitment to growth and development.

Budget proposes to simplify FDI norms

The Union Budget tabled Tuesday ☐ the norms surrounding foreign in Parliament proposed to simplify direct investment (FDI) and overseas investments in a bid to boost capital inflows from foreign shores.

In the right direction

The Budget was a balanced one, with a distinct focus on women, youth and job creation, emphasising the sustained efforts to generate ample opportunities for all.

Revenue expenditure raised, capex remains untouched

Allocations for Andhra Pradesh and Bihar, but financial implication unclear

A roadmap for Viksit Bharat

Finance Minister Nirmala Sitharaman's Budget proposals lay out a comprehensive road map for transforming India into a developed nation, focusing on key priorities that aim to generate ample opportunities for all citizens in \"Viksit Bharat\".