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.
The allocation to the Ministry of Defence (MoD) for FY 2024-25 is higher by approximately Rs one lakh crore (18.43 per cent) over the allocation for FY 2022-23 and 4.79 per cent more than allocation of FY 2023-24.
He emphasized the budget's significant contributions towards employment generation and support for small businesses.
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 on Tuesday proposed to abolish ‘angel tax’ for all classes of investors, while presenting the Union Budget 2024-25 in Parliament.
Simplification and rationalization of Capital Gains tax was one of the key focus areas of the Union Budget 2024-25, presented by Union Finance Minister Nirmala Sitharaman in Parliament on Tuesday.
