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Wednesday, January 7, 2026
TopicUnion Budget 2024

Topic: Union Budget 2024

Lok Sabha gives nod to govt amendment to restore indexation for properties bought before 23 July

The Union Budget had proposed removing indexation benefit on long-term capital gains on real estate sales, but tax was reduced to 12.5% from 20%.

Centre struggling to implement tribal scheme launched in 2021 but announced new one in Budget

Implementation of Pradhan Mantri Adi Adarsh Gram Yojana, to provide essential facilities in tribal areas, remains patchy. States like MP & Gujarat haven't used funds released till date.

ITIs made it to Budget 2024. Now Centre, states must collaborate for a successful job story

After the Union Budget was announced, Hyundai announced new employment opportunities for several hundred ITI students across nine states as part of its skill development scheme.

‘Nehru, Indira were against reservation’ – Sitharaman takes on Rahul to counter ‘halwa’ controversy

New Delhi: Under attack from the Opposition for what it called the ‘Kursi Bachao Budget’ for favouring only Bihar and Andhra Pradesh in the...

Central govt capex at ‘desired level’, onus now on states & pvt sector — Economic Affairs Secretary

Union Budget 2024 allocated Rs 11.1 lakh cr as capex for FY25. This is 11% higher than what was budgeted for FY24 and 17% higher than what was actually spent that year.

Defence budget 2024 is disappointing. It’s inadequate to prepare India for 2.5 front war

High-technology wars of the 21st century cannot be fought with a military structured for the 20th Century.

Eye on debt-to-GDP — pivot in govt’s fiscal strategy post FY26 promising, amending FRBM Act will help

The full budget retains focus on fiscal consolidation. In her budget speech, finance minister mentioned the intent will be to fix fiscal deficit with debt-GDP ratio on a declining path.

‘England-like taxes, Somalia-like services’ — Opposition slams Modi govt’s budget in Rajya Sabha

AAP MP Raghav Chadha holds the govt responsible for high taxes & distress in rural economy, while Congress MP Randeep Surjewala says MSP is causing ‘maximum suffering’ for farmers.

Modi neglected his devoted salaried middle class. No reward for a decade of loyal support

Throughout the election campaign, Rahul Gandhi portrayed Modi as a patron of the oligarchs. The Prime Minister did not work too hard to dispel this unflattering caricature.

Rahul Gandhi’s ‘Kursi Bachao’ stuck to Budget 2024. TV news to papers, all knew where to look

'It’s raining jobs, jobs, jobs,' said an elated Rahul Kanwal on India Today’s Budget Special. But Rajdeep Sardesai was dubious: 'right intent, reality different'.

On Camera

A 2-hour op, precise extradition—what Maduro’s capture tells us about modern US military

Despite multiple agencies being involved, the US could maintain a clear chain of command. This is something India should consider too, as it defines the theatre command structures.

Trump threatens India with fresh tariffs on Russian oil, calls PM Modi a ‘good guy’

The latest comment comes as New Delhi and Washington have yet to sign a trade agreement. India’s purchase of Russian oil has reduced, but Moscow remains top source for crude.

S-300, Su-30 jets, T-72 tanks: Inventory of Venezuela’s largely Russian-origin arsenal

Venezuela also boasts of a diverse portfolio of unmanned aerial vehicles capable of carrying out surveillance, reconnaissance and being employed for kinetic purposes as well.

A year-end Mea Culpa in National Interest—The Army-Islam combo doesn’t kill democracy

Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.