Union Finance Minister Nirmala Sitharaman on Saturday announced that the Goods and Services Tax Council has approved the reduction of GST on rice kernels to 5 per cent, exempted life-saving gene therapy from tax, and extended the GST exemption for parts used in manufacturing (SAM).
With an aim to evaluate key financial metrics, Finance Minister Nirmala Sitharaman is set to convene a crucial review meeting to assess the performance of Public Sector Banks (PSBs) and Regional Rural Banks (RRBs).
With a Central outlay of Rs. two lakh crore the package is aims to benefit 4.1 crore youth over five years.
Finance Minister Nirmala Sitharaman is set to present the Union Budget 2024 in Parliament today
Union Finance Minister Nirmala Sitharaman will table the Economic Survey 2023-24 along with a statistical appendix in Parliament on Monday, a day ahead of the Union Budget.
But the real character of the government got exposed with the budget allocation of the Municipal Corporation of Delhi, said Delhi BJP president Virendra Sachdeva.
Gahlot is going to present the budget for the first time. Before this, all eight previous budgets were presented by Manish Sisodia.
Record capital investment of Rs 10 lakh crore proposed; income tax rebate raised to Rs 7 lakh in new tax regime for individuals.
A total of Rs 1.62 lakh crore has been set aside for capital expenditure that includes purchasing new weapons, aircraft, warships and other military hardware. It was Rs 1.52 lakh crore last fiscal.
Sitharaman will lay the document in the Lok Sabha after the conclusion of President Droupadi Murmu's address to both Houses of Parliament.
