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Budget 2024 LIVE: Sensex jumps by over 1,000 pts day after Sitharaman's address
Budget 2024 LIVE: Finance minister Nirmala Sitharaman on Thursday presented her sixth overall budget, the last in Narendra Modi government's second term
The other announcements included setting up a high powered committee to look into the challenges of population growth, scheme to allow people to buy or build their own homes, free electricity as part of a new rooftop solar programme and extending Ayushman Bharat health insurance cover to anganwadi and ASHA workers
Budget 2024 LIVE: Welcome to the continued coverage on Interim Budget 2024. Finance minister Nirmala Sitharaman on Thursday presented her sixth overall budget, the last in Narendra Modi government's second term. The 58-minute speech made key announcements including a double digit boost to infrastructure spending and no change in taxation.
The other announcements included setting up a high powered committee to look into the challenges of population growth, scheme to allow people to buy or build their own homes, free electricity as part of a new rooftop solar programme and extending Ayushman Bharat health insurance cover to anganwadi and ASHA workers.
How is India reacting to Sitharaman's interim budget as the country heads to general elections in months from now
‘India’s govt debt-to-GDP ratio to be broadly stable above 80 per cent of GDP': Fitch Ratings director
In a post budget commentary, Fitch Ratings Director, Sovereign Ratings, Jeremy Zook said over the next five years, India's government debt-to-GDP ratio would be broadly stable at just above 80 per cent of GDP. This is based on a continued path of gradual deficit reduction, as well as robust nominal growth of around 10.5 per cent of GDP.
‘I-T dept collected taxes worth ₹4,600 crore in past two years’, says CBDT chief
The income tax department has garnered about ₹4,600 crore in taxes from 56 lakh updated I-T returns filed by taxpayers in the past two years, Central Board of Direct Taxes (CBDT) chief Nitin Gupta said. In a post budget interview to PTI TV, Gupta also said the I-T department has set up a demand management centre at Mysuru, Karnataka, which is focusing on disputed pending large tax demands of above ₹1 crore.
