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Latest from Budget 2024

Wake up babe, a new generation just dropped! The era of Gen Beta begins TODAY

Gen Alpha may have just entered their teens and the workforce is still trying to accommodate the whimsical Gen Z. But there are Gen Beta babies on the way now

2025 through 2039 marks the Gen Beta baby boom: What kind of world will they inherit from us?
Published on Jan 01, 2025 04:02 PM IST

Centre's new internship scheme may launch next week, check details: Report

The new internship scheme, first announced by the Finance Minister in the Union Budget 2024, can launch by next week, along with a dedicated internship portal

The guidelines state that the job roles for interns must be skill-based and not be about menial tasks to ensure that the programme actually contributes meaningfully to skill building(Representational Image/Pixabay)
Published on Sep 27, 2024 03:39 PM IST

Budget 2024–25: Empowering women, advancing social justice

This article is authored by Veerendra Mishra, external advisor, National Commission for Women and founder, Samvedna.

Women leadership (Photo by Pinterest)
Published on Aug 16, 2024 11:09 AM IST

Nirmala Sitharaman on LTCG amendment: 'We have courage to change'

Nirmala Sitharaman told Lok Sabha, “Without drastically increasing taxes, we have brought in a simplified taxation regime and eased compliance."

Union Finance minister Nirmala Sitharaman speaks in the Lok Sabha during the Monsoon session of Parliament, in New Delhi.(PTI)
Updated on Aug 08, 2024 07:33 AM IST

Budget 2024: Transformative approach to skill development and employment growth

The budget also has planned for financial support in the form of loans up to ₹10 lakh for higher education in domestic institutions.

Budget 2024, has provisioned for the establishment of the Critical Mineral Mission, to focus on advanced training and skill development. (HT File)
Published on Aug 07, 2024 11:06 AM IST
ByChiradip Bandyopadhyay

Government may allow real estate indexation for transactions till July: Report

The government may allow real estate investors to continue using indexation for all transactions till July or give a choice between the old and new LTCG regimes

Mumbai’s resale real estate market is expected to feel the pinch with Budget 2024-2025 doing away with the indexation benefit on long-term capital gains (LTCG) on sale of property. (Representational image/Mehul R Thakkar/HT)
Published on Aug 06, 2024 06:10 PM IST

India's fiscal deficit at 1.36 lakh crore, 8.1% annual estimate for Q1 2024-25

Fiscal deficit narrowed to 8.1% of annual estimate, compared to 25.3% during the previous year's first quarter

A cashier displays the new 2000 Indian rupee banknotes inside a bank in Jammu. (Reuters)
Updated on Jul 31, 2024 05:12 PM IST

Duty on chemicals up from 10% to 150%, research labs say ‘thoughtless action’

Union Budget: Funding agencies have already informed scientists that their budgets are fixed with no room to hike allocations.

Finance minister Nirmala Sitharaman speaks in the Lok Sabha during the Monsoon Session of Parliament, in New Delhi. (SansadTV)
Updated on Aug 01, 2024 09:01 AM IST

Centre says 'not all' need tax clearance certificates for travelling abroad

It said only those accused of financial irregularities or having substantial tax arrears need such clearance.

An Air India aircraft takes off at Kempegowda International Airport in Bengaluru on April 12, 2024.(AFP)
Published on Jul 28, 2024 01:03 PM IST

Nirmala Sitharaman rejects Opposition criticism on Budget 2024: ‘No state…’

In the Union Budget 2024, Nirmala Sitharaman had announced a ₹15,000 crore allocation for the development of Andhra Pradesh's capital Amaravati.

Union Minister of Finance and Corporate Affairs Nirmala Sitharaman said the Andhra Pradesh Reorganisation Act required the Centre to help in building the state capital Amaravati(Sansad TV)
Updated on Jul 26, 2024 09:35 PM IST

Taxes not hiked because government wants more money, says Nirmala Sitharaman

Nirmala Sitharaman said nothing is done with the purpose that government wants more money.

Finance minister Nirmala Sitharaman attends the proceedings of the Lok Sabha during the Monsoon Session of Parliament, in New Delhi.(SansadTV)
Updated on Jul 26, 2024 03:45 PM IST

Raghav Chadha says removal of indexation benefit a ‘grave mistake’, explains why

AAP MP Raghav Chadha said in the Rajya Sabha that the removal of the indexation benefit for investors will lead to inflow of black money.

AAP MP Raghav Chadha speaks in the Rajya Sabha during the Monsoon session of Parliament, in New Delhi, Thursday, July 25, 2024. (PTI Photo)(PTI)
Published on Jul 26, 2024 09:38 AM IST

Budget leans on resilience, paves path for Viksit Bharat

The budget lays a solid foundation for a prosperous and resilient economy where all segments of society are taken care of.

FILE PHOTO: FILE PHOTO: India's Finance Minister Nirmala Sitharaman holds up a folder with the Government of India's logo as she leaves her office to present the union budget in the parliament in New Delhi, India, July 23, 2024. REUTERS/Altaf Hussain/File Photo/File Photo (REUTERS)
Published on Jul 24, 2024 08:49 PM IST

‘Correct yourself’: Om Birla vs TMC's Abhishek Banerjee in Lok Sabha

Abhishek Banerjee claimed that the three farm laws, which were later repealed by the Centre were not discussed in the Lok Sabha.

Lok Sabha Speaker Om Birla (Sansad TV)
Published on Jul 24, 2024 07:39 PM IST

‘Mausam…': In Lok Sabha, Abhishek Banerjee quotes from SRK's film to attack PM

Abhishek Banerjee said the 2024 Lok Sabha election result was the direct audit of the performance of Prime Minister Narendra Modi.

TMC general secretary and Lok Sabha MP Abhishek Banerjee
Published on Jul 24, 2024 06:56 PM IST

New pension scheme for minors in Union Budget 2024: Details and how to apply

Finance Minister Nirmala Sitharaman introduced a new type of pension scheme for minors where parents can contribute to their children's future retirement

NPS Vatsalya is a plan for minors where contribution can be made by parents and guardians. The scheme will be converted to regular NPS once the child attains the age of 18. (PTI)
Updated on Jul 25, 2024 09:06 AM IST

Reforms of new tax regime may reduce tax burden and allow option to choose again

Finance Minister Nirmala Sitharaman proposed changes to the tax slabs of the new tax regime in her Union Budget 2024 speech.

Nirmala Sitharaman pictured at the Lok Sabha on July 23, with the Union Budget
Published on Jul 24, 2024 04:44 PM IST

Budget 2024: Is the new income tax regime beneficial for all salaried taxpayers?

Budget 2024: To make the new regime more popular among the salaried, the government announced an increase in the standard deduction and tweaked the tax slabs.

Budget 2024: Union Finance minister Nirmala Sitharaman. (Ajay Aggarwal/HT Photo)
Published on Jul 24, 2024 04:27 PM IST

Afternoon briefing: INDIA bloc protests ‘Kursi Bachao’ Budget; and more news

A shortlist of the biggest headlines, recommended stories, and a special collection of news items you should check out.

Opposition MPs led by Congress protest inside Parliament premises alleging discrimination in Union Budget 2024 (PTI Photo/Manvender Vashist Lav)(PTI)
Published on Jul 24, 2024 01:00 PM IST

Gold, silver, platinum jewellery to get cheaper after Union Budget 2024 duty cut

Jewellery company shares rise after Finance Minister Nirmala Sitharaman cuts down Basic Customs Duty (BCD) on precious metals like gold, silver, and platinum.

The import duty on gold and silver is down to 6% now, compared to 15% earlier. Platinum import duty is now down to 6.4% from 15.4% earlier. (HT)
Published on Jul 24, 2024 11:09 AM IST

Uday Kotak praises Nirmala Sitharaman's Budget: ‘Well thought out, smartly…’

Budget 2024: Uday Kotak praises Nirmala Sitharaman's Budget 2024 for fiscal discipline and support to MSMEs

Budget 2024: Founder and former MD & CEO, Kotak Mahindra Bank, Uday Kotak. is seen. (PTI)
Updated on Jul 24, 2024 11:03 AM IST

Zerodha's Nithin Kamath decodes Budget 2024: Speculation 'much more expensive'

Nirmala Sitharaman has raised the STT on the sale of options from 0.0625% to 0.1% of the option premium value.

Zerodha CEO Nithin Kamath.(X/Nithin Kamath)
Updated on Jul 24, 2024 09:57 AM IST

Morning briefing: UK pushes for partnership reset with India

Here is a shortlist of the biggest headlines, recommended stories, and a special collection of news items you should check.

David Lammy, UK foreign secretary, right, and Keir Starmer, UK prime minister at Blenheim Palace near Oxford, UK, on Thursday, July 18, 2024.(Bloomberg)
Published on Jul 24, 2024 08:59 AM IST

Budget 2024: Time to opt out of old tax regime? Explained

If your annual income is ₹15 lakh and you can claim deductions of more than ₹4.58 lakh, you should go for the old regime.

Representational image.
Updated on Jul 24, 2024 08:47 AM IST
By, New Delhi

Union Budget 2024: Top 5 takeaways for salaried persons, job seekers

Budget 2024: Nirmala Sitharaman presented the Union Budget 2024-25 during the Budget Session of Parliament on Tuesday.

Union finance minister Nirmala Sitharaman presents the Union Budget 2024-25 in Lok Sabha in New Delhi on July 23.(PTI)
Updated on Jul 24, 2024 01:15 PM IST

Old vs new tax regime: Which will be more beneficial for high-income persons?

The Budget 2024 saw Centre push for more individuals to opt for the simplified new tax regime, which can be beneficial for those with a lower income slab.

Union Finance Minister Nirmala Sitharaman during Post Budget Press Conference. (Photo by Ajay Aggarwal/ Hindustan Times) (Hindustan Times)(HT_PRINT)
Updated on Jul 25, 2024 09:05 AM IST

Govt brings parity between listed equity & units of REITs

Budget 2024: The government has reduced the holding period for determining long-term capital gains for business trusts from 36 months to 12 months.

The government on July 23 brought units of listed business trusts -- REITs and InvITs -- at par with listed equity shares (Representational photo)(Unsplash)
Published on Jul 23, 2024 10:53 PM IST
PTI |

Budget 2024: 15,000 crore financial package for development of Amaravati

The Centre's assistance is likely to boost the real estate sector in Andhra Pradesh, said experts

Presenting the Union Budget 2024-25, FM Nirmala Sitharaman announced a <span class='webrupee'>₹</span>15,000 crore financial package for development of Andhra Pradesh's new capital city Amaravati (PTI)
Published on Jul 23, 2024 10:52 PM IST
ByShakshi Jain

Budget 2024: Continuity and employment

Budget retains welfare-with-prudence focus. Govt heeds electoral lesson on need for jobs

Mumbai, India - July 23, 2024: A pedestrian walks past the Bombay Stock Exchange (BSE) building during the presentation of budget, in Mumbai, India, on Tuesday, July 23, 2024. (Photo by Anshuman Poyrekar/ Hindustan Times) (Hindustan Times)
Updated on Jul 23, 2024 10:03 PM IST
ByHT Editorial

Budget 2024: The Indian middle class expected more

From 35,000 feet, the Budget 2024 story is this: The government will continue to tax the top 10% of the population heavily

Mumbai, Jul 23 (ANI): People watch the live telecast of Union Budget 2024-25 presentation by Union Finance Minister Nirmala Sitharaman at the Parliament House on a display screen, outside the Bombay Stock Exchange (BSE) in Mumbai on Tuesday. (ANI Photo) (Sandip Mahankal)
Updated on Jul 24, 2024 12:12 PM IST
ByMonika Halan
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