The ‘Vivad se Vishwas' scheme 2024 will provide a fresh opportunity for taxpayers who, in the absence of the settlement commission, had no options but to litigate.
Given the weakness in consumption and elevated inflation, Budget 2024 was expected to provide a cushion to individual taxpayers. Some comfort has been provided to those who opt for the new tax regime.
Nirmala Sitharaman finally acknowledged the jobs emergency in her Budget 2024 speech, but the plans to provide employment for four crore youth over five years is characteristic Modi govt bombast.
Any government would increase the emphasis on social welfare schemes. The votes lie disproportionately in rural areas but the income is disproportionately concentrated in urban areas.
Nirmala Sitharaman’s speech outlined the success of the Modi government & reiterated its focus on four ‘castes’: women, poor, farmers and youth. But there were no big announcements.
The Interim Budget 2024 provides guidance for formulating policies to foster and sustain growth, facilitate inclusive and sustainable development, improve productivity, and generate resources to power investments.
The Interim Budget 2024 offers a neat milestone to compare economic, taxation, and expenditure philosophies of Manmohan Singh and Narendra Modi’s ten-year tenures.
Finance Minister Nirmala Sitharaman's Interim Budget 2024 speech makes it clear that the Modi government is confident of being voted back to power. This augurs well for the economy and people of India.
Allocation for school education went up to 68,805 cr from last budget's Rs 63,449.37 cr. Substantial increase in funds for training teachers & grants-in-aid to state govts & UTs.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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