Thu, Feb 01, 2024
Interim budget 2024-25: The University Grants Commission (UGC) has faced a budget cut this year with the Centre reducing its grant by over 60 per cent while the allocation for Indian Institutes of Management (IIMs) has been slashed for the second consecutive year.
A sum of Rs 1248.91 crore was given to the cabinet under which the expenditure on council of ministers, cabinet secretariat, Prime Minister's Office, hospitality, and entertainment of the government comes.
The Ministry of External Affairs (MEA) was on Thursday allocated a total of Rs 22,154 crore for the fiscal 2024-25 in the Union Budget as against last year's outlay of Rs 18,050 crore.
Budget 2024: FM Sitharaman presented the interim budget on Thursday, February 1. Let's take a look at which ministry allocated how much amount in the shortest budget speech of the Finance Minister:
An amount of Rs 39.44 crore has been allocated for 2024-25 to meet establishment-related expenditure of Central Information Commission and Public Enterprises Selection Board.
The Saksham Anganwadi and POSHAN 2.0 saw the highest allocation of funds at Rs 21,200 crore, followed by the Mission Shakti (Mission for Protection and Empowerment for Women) which has been given Rs 3145.97 crore.
Budget 2024, EV stocks budget: Finance Minister Nirmala Sitharaman announced in her Interim Budget 2024 speech that the government will expand the electric vehicle ecosystem to support charging infrastructure and encourage e-buses for public transport networks.
Defence stocks: Defence stocks were trading mixed in the afternoon trade after Finance Minister Nirmala Sitharaman enhanced the budget allocation for the defence sector for FY25 to Rs 6.22 lakh crore in FM's Interim Budget 2024 speech.
Wed, Jan 31, 2024
Budget 2024: Union Finance Minister Nirmala Sitharaman is poised to make history by presenting her sixth consecutive budget on February 1, equalling the record set by former Prime Minister Morarji Desai. Since July 2019, Sitharaman has presented five full budgets, making her the first full-time woman finance minister of India.
Budget 2024: Taxpayers took some time to warm up to the New Tax Regime when it was first announced in 2020. The Finance Minister announced some more changes to in it the last Budget to make it all the more appealing for taxpayers, especially the young salaried class. So, find out where the New Tax Regime now scores over the Old one.
Tue, Jan 30, 2024
Budget 2024: Manguirish Pai Raiker, Chairman of ASSOCHAM's National Council for MSMEs, anticipates government initiatives focusing on health and education in the upcoming interim budget. He highlights the government's efforts to enhance business growth, promote spiritual tourism, and attract investments in India.
Budget 2024: Subhrakant Panda, Managing Director of Indian Metals & Ferro Alloys Ltd, shares expectations for the upcoming Interim Budget 2024, emphasizing the need to simplify TDS, expand PLI policies, and support MSMEs. He highlights the importance of continuing thrust on CapEx and enhancing manufacturing competitiveness amid geopolitical developments.
Mon, Jan 29, 2024
The real estate sector has been hogging the limelight over the past year. The sector experienced a significant surge in 2023, recording exceptional property sales across various housing segments. In this video, Pradeep Aggarwal, founder and chairman of Signature Global, shares his expectations from the upcoming Union Budget, how demand trends have changed post-COVID-19 pandemic, and much more.
Thu, Jan 25, 2024
Budget 2024: The grand tradition of carrying a red briefcase to every Union Budget presentation underwent a modern yet Indian transformation under Narendra Modi government. For years, finance ministers in India walked into the parliament with a briefcase before the annual Budget presentation. All that changed in 2019, when Finance Minister Nirmala Sitharaman replaced the Budget briefcase for a digital bahi khata.
Fri, Jan 19, 2024
Budget 2024: In an exclusive interview with Zee Business, Sneha Poddar, AVP, Retail Research, Broking, and Distribution at Motilal Oswal Financial Services (MOFSL) shares her expectations from the Union Budget, the market outlook for 2024, and how one should navigate the market in the election year.
Tue, Jan 16, 2024
Budget and Market During this year, 'wild' rise in budget 2024 is possible... Investors need to be cautious at the upper level: Mehboon Irani, Market Expert
Mon, Jan 15, 2024
Budget 2024: In an exclusive interview with Zee Business, Chirag Jain - Partner, Agriculture, Grant Thornton Bharat, shares valuable insights on the upcoming Union Budget. Key topics include the focus on agriculture with a Rs 1.25 lakh crore allocation, MSP for specific crops, achieving self-reliance in India-made fertilizers, and targeted areas for government emphasis like crop diversification, input-output ratio, innovation, technology, and processing units. The interview sheds light on addressing the often overlooked role of women in farming through initiatives like the Lakhpati Didi Yojana.
Fri, Jan 12, 2024
Budget 2024: In 2020, Union Finance Minister Nirmala Sitharaman broke her record of making the longest-ever budget address.
Wed, Jan 10, 2024
An official said the tulips are expected to be in bloom when the Parliament convenes for the upcoming Budget Session.
Mon, Jan 08, 2024
Budget 2024: In an exclusive interview with Zee Business, Akhil Chandna - Partner & National Leader, GMS, Grant Thornton Bharat, shares insights on potential tax rebates in the upcoming budget. He highlights past budget incentives like and suggests future changes may focus on the new tax regime. Watch to know tax rebates Chandna believes government should focus on.
Fri, Jan 05, 2024
Finance Minister Sitharaman delivers her sixth budget, but it's not quite what it seems. This video explains the unique role of the interim budget, its pros and cons, and why understanding it matters. Learn the difference between bridge and game-changer in India's financial year!
Sun, Dec 31, 2023
The Union Budget presentation in India takes place on February 1, but this hasn't always been the case. Learn about the recent shift from the last working day of February and the earlier 5 pm tradition, along with the practical reasons behind the changes.
Fri, Dec 29, 2023
In an exclusive interview with Zee Business, Nishit Master, Portfolio Manager at Axis Securities talks about how stock market will fare in the coming days, what one should look forward to in the Interim Budget 2024, the hits & misses of the Modi 2.0 Government, and one theme that can emerge as a dark horse over the next few years.
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