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Wednesday, August 13, 2025
TopicBudget 2024

Topic: Budget 2024

Relief for salaried class under new tax regime; 50% hike in standard deduction in Budget 2024

The standard deduction for salaried employees is proposed to be increased from Rs 50,000 to Rs 75,000 annually.

Budget 2024: Fiscal deficit target lowered to 4.9% of GDP, markets decline

The target signals the government's intention to remain fiscally prudent despite expectations it may ramp up spending on welfare programs following a weaker than anticipated election victory for Modi.

Budget 2024: Govt to provide Rs 11.11 lakh cr towards capex in boost for infra

Sitharaman also said the government would facilitate investment-grade energy audit of micro and small industries in 60 clusters.

Modi government says focus on employment & middle class in first post-poll budget

The government will allocate 2 trillion rupees ($24 billion) for job creation over the next five years, Nirmala Sitharaman said.

The 1944 Bombay Plan has lessons for Budget 2024. Invest in human capital

The Bombay Plan was revolutionary because of its focus on the role of the state in the economy, its emphasis on significant investments in basic public goods.

Finance Minister Nirmala Sitharaman to present Economic Survey in Parliament a day before budget

The Budget Session of Parliament will commence Monday and subject to the exigencies of government business, the session is likely to conclude on 12 August.

Budget 2024 must further India’s clean energy goals. Climate change is an economic problem

The renewable energy ecosystem requires budgetary support, tax breaks, relief in import duties and tariff barriers to expedite development and attract necessary investment.

‘Robot tax’ for AI-induced job loss & ‘wealth tax’ on vacant land — RSS-affiliate SJM’s Budget wish list

In pre-budget meeting held in June with Finance Minister Sitharaman, Swadeshi Jagran Manch suggested incentivising those generating more employment & measures to control food inflation.

Modi govt has to rely on raising revenue. Budget FY25 has limited expenditure options

With higher expenditure demands on the exchequer on account of welfare schemes, what is the way out for Finance Minister Nirmala Sitharaman?

Jobs, rural India likely to be focus of new Modi government’s first budget, says Goldman Sachs

The budget proposal for the financial year ending March 2025 will be presented on 23 July, the government said over the weekend.

On Camera

Hrithik Roshan & Jr NTR in Janaab-e-Aali is exactly what a dance-off should not be

Forget comparing it with classics like Hrithik’s Ek Pal Ka Jeena or the slick title track of Dhoom 2, Janaab-e-Aali does not even come close to Ghungroo.

How mining, manufacturing & power sectors weighed on India’s industrial output since January 2024

India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.

India expands Southeast Asia defence footprint with new joint venture in Philippines

Memorandum of understanding between SMPP and ADFC was signed during state visit of Philippines’ President to India earlier this month.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.