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The Economic Times
The Economic Times Budget 2024: Govt’s new scheme to generate 30 lakh manufacturing jobs, step towards ‘Made in India’ vision
The scheme aims to encourage substantial hiring of freshers in the manufacturing industry by providing incentives to both employers and employees.
The Economic Times Budget 2024: Finance Minister announces Integrated Tech Platform to Transform Insolvency and Bankruptcy Code (IBC)
Finance Minister Nirmala Sitharaman unveiled an integrated tech platform in Budget 2024-25 to enhance the Insolvency and Bankruptcy Code (IBC), aiming for greater consistency, transparency, and efficiency in resolution processes.
The Economic Times Union Budget 2024 Updates: IBC to get a tech platform for streamlined insolvency
Union Budget 2024 Updates: The IBC has been instrumental in resolving over 1,000 companies, resulting in a direct recovery of ₹3.3 lakh crore to creditors. By leveraging technology, this platform will not only make the insolvency resolution process more efficient but also ensure higher levels of transparency and accountability. Read here:
The Economic Times Union Budget 2024-25: Major tax changes explained
The Union Budget 2024-25, presented by Finance Minister Nirmala Sitharaman, introduces significant tax changes, offering relief to some taxpayers while raising concerns for investors. Here’s a detailed breakdown of the key changes.
The Economic Times Budget 2024: Indirect Tax measures aim to boost domestic manufacturing and exports, says Nirmala Sitharaman
Budget 2024 reduced customs duties on mobiles, critical minerals, and solar products. Tax cuts for key sectors like pharma, auto, and electronics promise to boost domestic manufacturing and exports.
The Economic Times Budget 2024 Simplifies and Rationalizes Capital Gains Taxation
In the Union Budget 2024-25, Finance Minister Nirmala Sitharaman announced significant changes to the capital gains tax regime, aiming to simplify and rationalize the tax structure to benefit taxpayers.
The Economic Times Budget 2024: Major GST Highlights
In her Budget speech today, Finance Minister Nirmala Sitharaman hailed GST as a monumental success, highlighting its impact in reducing the tax burden on citizens and streamlining compliance for businesses
The Economic Times Government Sets Nominal GDP Growth Target at 10.5% for FY25
Finance Minister Nirmala Sitharaman sets a robust nominal GDP growth target of 10.5 per cent for FY25, emphasizing India's economic resilience amid global uncertainties and strategic policy effectiveness.
The Economic Times Budget 2024: Centre trims fiscal deficit target for FY25 to 4.9% of GDP, maintains fiscal consolidation
“The fiscal consolidation path announced by me in 2021 has served our economy very well, and we aim to reach a deficit below 4.5 per cent next year,” stated Nirmala Sitharaman while presenting the Union Budget 2024 on Tuesday in Lok Sabha.
The Economic Times Budget 2024: Focus on Skill Development, Govt to Launch Comprehensive Internship Programme with CSR Support
Government to Launch Comprehensive Internship Programme with CSR Support.
The Economic Times From credit guarantee to e-commerce export hubs, Budget puts focus on MSME firms
State-owned banks will develop a new credit assessment model for MSMEs, moving away from traditional asset or turnover-based assessments.
The Economic Times Budget 2024: Tax Simplification and Improved Compliance Key Focus in Finance Minister's Speech
While presenting the Union Budget 2024-25, Finance Minister Nirmala Sitharaman emphasized tax simplification, improved taxpayer services, and reduced litigation, aiming to drive India's development and economic growth.
The Economic Times What are the income tax changes for companies in Budget 2024-25?
The rate of income tax will be maintained at companies where turnover does not exceed Rs 400 crore.
The Economic Times Budget 2024: Focus on Skill Development, Govt to Launch Comprehensive Internship Programme with CSR Support
Government to Launch Comprehensive Internship Programme with CSR Support
The Economic Times Finance Minister announces abolishment of Angel Tax for all investor classes
Having introduced by the government in 2012 to curb money laundering, Angel Tax has finally been abolished. Angel Tax refers to the tax provision under section 56(2)(viib) of the Income Tax Act, 1961, which imposes a tax on any excess premium received by a company from resident investors over the Fair Market Value (FMV) of shares issued.
