The meeting focused on business performance, upgrading digital technology services, and fostering business growth in activities allied to agriculture and micro and small industry.
Union Finance Minister Nirmala Sitharaman sought enhanced support from international financial institutions to achieve Sustainable Development Goals (SDGs).
As announced by Finance Minister Nirmala Sitharaman in the 2024-25 Union Budget, the limit of Mudra loans under the Pradhan Mantri Mudra Yojana (PMMY) has been enhanced from current Rs 10 lakh to Rs 20 lakh.
Union Finance Minister Nirmala Sitharaman stressed upon a balanced approach between development priorities and climate action during her address at the G20 meet.
Union Minister Sitharaman said that no country, whether the US which is far away or China which is very close cannot ignore India.
It will be 3.4% of the country's GDP, and the government will endeavour to maintain strong fiscal support for infrastructure over the next five years, she said.
As a result of these changes, the finance minister said, a salaried employee in the new tax regime stands to save up to Rs 17,500.
Ten years after bifurcation, Andhra Pradesh on Tuesday got a substantial allocation in the Union Budget with Finance Minister Nirmala Sitharaman announcing Rs 15,000 crore for the development of its greenfield capital city
In her budget speech, Sitharaman allocated Rs 2 lakh crore over five years for youth employment, education, and skilling, with a dedicated internship scheme for youths in top 500 companies.
Finance Minister Nirmala Sitharaman on Tuesday presented the Union Budget 2024-25 after the Cabinet gave its approval.
