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Business News/Topic/    Budget 2024 Expectations

BUDGET 2024: EXPECTATIONS AND CHALLENGES

The elections are over, and with Prime Minister Narendra Modi's third term in place, it's time for the first full budget of this new government. The last budget, drafted under the shadows of a looming election season, was quiet, with no big surprises. However, the next budget, coming up on July 23, is expected to reveal more about the government's plans for the economy. So what is it that should people look out for? Check out our series of stories where our reporters bring you the pulse of what the public and industry leaders are expecting from the upcoming budget.
The government plans to facilitate a collaborative effort between itself and the industry to bridge the skill gap among workers and ensure that India's workforce is future ready. (Photo: ANI) Premium

Budget 2024: Want additional tax breaks or govt contracts? Train your workers

3 min read . 08 Jul 2024
Kaustubh Gupta,vo-head- Fixed Income, Aditya Birla Sun Life AMC Ltd. Premium

'Addressing rural distress should be theme for budget FY25'

4 min read . 08 Jul 2024
Income Tax Budget 2024 Expectations: Changes to the old and new income tax regimes are expected in the upcoming budget. Premium

Will taxpayers under old and new tax regime receive relief from FM Sitharaman?

2 min read . 09 Jul 2024
Given the low impact that income tax benefits will have, a better approach likely lies outside the realm of the Budget: reduce the burden of GST instead. (Image: Pixabay Premium

Income tax cuts in Budget: A half-hearted recipe to fix India’s consumption woes

4 min read . 08 Jul 2024
A dividend of ₹2.1 trillion received by the RBI in May has significantly eased the government’s fiscal constraint for the fiscal year 2024-25. (ANI ) Premium

Budget 2024: We must balance fiscal prudence with support for economic growth

4 min read . 08 Jul 2024
In 2019, Nirmala Sitharaman defied the age-old tradition of bringing the budget in a briefcase. She brought the budget documents covered in a red-velvet cloth, known as Bahikhata. The move garnered huge attention as it did away with the English tradition of presenting the budget in a briefcase.    Premium

Budget 2024: India's real estate sector anticipates major reforms – a wishlist

3 min read . 03 Jul 2024
Income Tax Budget 2024 expectations: Finance Minister Nirmala Sitharaman is expected to potentially present the full Budget for 2024-25 in the last week of July. Premium

Budget 2024: Will FM Nirmala Sitharaman offer new tax breaks?

2 min read . 03 Jul 2024
Electronics is the fifth-largest export category from India. (Mint) Premium

Budget 2024: Electronics industry seeks ₹45,000-cr sops, duty rationalization

2 min read . 02 Jul 2024
Indian airlines have long demanded that the government further rationalise the duty structure for ATF and to include it under the goods and services tax regime. Premium

Budget 2024: Aviation industry seeks policies to ease business, wants tax sops

3 min read . 02 Jul 2024
Finance minister Nirmala Sitharaman chairs the first pre-budget consultations with leading economists on 19 June in New Delhi. Photo: PTI Premium

What does the stock market expect from Union Budget 2024?

4 min read . 02 Jul 2024
Different services in hotels and restaurants attract different GST slabs at present. Premium

Budget 2024: Hospitality sector bats for industry status, GST reduction

1 min read . 02 Jul 2024
With RBI license approvals that are a core area of concern for many fintechs, the lack of transparency in the process adds another layer of complexity in getting the necessary permits. (Mint) Premium

Budget 2024: Fintechs seek regulatory clarity, improved licensing, tax reforms

5 min read . 02 Jul 2024
In June, foreign investors turned net buyers of stocks worth ₹18,807 crore, after net selling ₹34,257 crore in the preceding two months. (Reuters) Premium

Shedding election jitters, foreign investors turn big bulls ahead of Budget

3 min read . 29 Jun 2024
Life insurance companies offer annuity products to help retirees earn regular pension during their lifetime. Premium

Budget 2024: Here are the four key expectations from life insurers

3 min read . 28 Jun 2024
In FY24, the health insurance segment surpassed ₹1 trillion in premiums, growing by 20.2%. (Pixabay) Premium

How Budget can unlock potentials in non-life insurance

3 min read . 27 Jun 2024
India's manufacturing sector has shown a lot of potential but could do with another push. (Reuters) Premium

Building a new factory? Budget may extend concessional tax rate for a year

3 min read . 27 Jun 2024
While lower tax rates may marginally alleviate some burden on taxpayers, the focus should be on providing adequate deductions that encourage investments, experts said. (Image: Pixabay) Premium

Budget 2024: Expectations for tax sops under old regime run high

6 min read . 26 Jun 2024
Railways, which added 14,985 km of tracks during 2004-14, raised it to 31,180 km during 2014-24. (Photo: AFP) Premium

Railways may step up investment for augmenting network in FY25 full budget

3 min read . 21 Jun 2024
The Union Budget 2024-25 is expected in the second half of July. (Mint ) Premium

What mutual fund executives want to see in upcoming Union Budget

2 min read . 20 Jun 2024
Derivatives are financial contracts that derive value from underlying assets. . (Photo: Mint) Premium

Budget may hike tax on F&O trading. Here's what it could mean

3 min read . 01 Jul 2024
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