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Friday, November 14, 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

From Virat & Anushka selling sarias to dentist ads, Bihar walls tell a ‘rurbanisation’ story

Over generations, Bihar’s bane has been its utter lack of urbanisation. But now, even Bihar is urbanising. Or let’s say, rurbanising. Two decades under Nitish Kumar have created a new elite in its cities.

Wealth nears $99 trillion, still Asia’s rich don’t have succession plans

Much of this wealth is tied to founder-led businesses that employ millions and help anchor regional economies.

Turkey blocks transport of Apache choppers to India through its airspace, new route being worked out

Indian govt officials last month skipped Turkish National Day celebrations in Delhi, in a message to Ankara following its support for Islamabad, particularly during Operation Sindoor.

Bihar is where politics moves, and everything else stands still

Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.