Saturday, July 27TRUSTED FEARLESS,FAIR,FRESH,FIRST NATIONAL INTERNATIONAL NEWS PORTAL

Tag: budget

No Comments
Politics

PM Modi: Budget brings new scale to education, skill development – Times of India

PM Narendra Modi on Tuesday said the Budget seeks to build upon the success of production-linked incentive (PLI) schemes for promotion of industries to launch employment-linked initiatives (ELI), a move that is aimed at creating jobs through sops to employers and employees.The PM praised the Budget, emphasising its potential for job generation by incentivising the top 500 companies to recruit more youth and also induct interns.Under the scheme, the first salary of the first job of a youth will be borne by the govt, Modi said while mentioning higher education and the scheme for internships for 1 crore youth. "Working in top companies under the scheme, young interns will find new avenues of possibilities," he added.The PM said the Budget would help India achieve the objective of becoming ...
Read More
No Comments
Travel

India’s education landscape: 26.52 crore school Students, 4.33 crore in higher education, says economic survey – Times of India

New Delhi, India has 26.52 crore students in schools and 4.33 crore in higher education institutions, as reported in the Economic Survey 2023-24, which was tabled in Parliament on Monday.Finance Minister Nirmala Sitharaman presented the document, a day before the Union Budget announcement.The Survey also highlighted that India has over 11 crore learners in skilling institutions."These sweeping figures put into perspective the enormity of the challenge and the inherent ambition of the New Education Policy 2020 to transform India's educational ecosystem", the document showed.The policy aims at "efforts towards strengthening institutional capacity to embed lifelong learning in the education and skills ecosystem".Further, the survey showed that the rise in enrolment in higher education has ...
Read More
No Comments
Life Style

Budget 2024: Jewellery to become cheaper as customs duty on Gold and Silver slashed – Times of India

There is exciting news for those planning to buy jewellery for weddings and other special occasions. One of the most significant announcements in the Union Budget 2024 is the reduction of customs duties on gold and silver, which is expected to help bring down the currently high prices of these precious metals.Finance Minister Nirmala Sitharaman announced that the customs duties on gold and silver will be reduced from 15% to 6%.Additionally, the customs duty on platinum will be lowered to 6.4%.Industry experts predict that this measure may lead to a short-term decrease in jewellery prices. However, they also caution that in the long run, it could potentially widen the trade deficit and further weaken the rupee.Here are some industry reactions:“The government’s move to reduce the custom d...
Read More
No Comments
Politics

1st Modi 3.0 Budget Promises Hostels For Working Women, Creches To Ease Workforce Participation

Union Budget 2024-25: Initiatives to boost women’s participation in the workforce – including setting up child-care facilities – were among the highlights of the Union Budget 2024-25, presented by Finance Minister Nirmala Sitharaman on Tuesday. Sitharaman said the government will facilitate “higher participation of women in the workforce through setting up of working women hostels in collaboration with industry, and establishing creches”.  “In addition, the partnership will seek to organise women-specific skilling programmes, and promotion of market access for women SHG (self-help group) enterprises,” she added.  Sitharaman is the first woman to hold the finance portfolio full-time. The only other woman to have served as finance minister is Indira Gandhi...
Read More
No Comments
Politics

Budget 2024: What Is Angel Tax? The Regime Abolished To Boost Startups And Entrepreneurs

In her record seventh budget speech, Finance Minister Nirmala Sitharaman announced several measures aimed at supporting the start-up ecosystem in India. The most significant announcement for entrepreneurs was the abolition of the Angel Tax. "To bolster the Indian start-up eco-system, boost the entrepreneurial spirit and support innovation, I propose to abolish the so-called angel tax for all classes of investors.," the Finance Minister said in her budget speech. Short Edit: Modi 3.0 Doesn't Forget Allies TDP, JDU As Andhra Pradesh, Bihar Get Budget Bonanza What Is Angel Tax — A Levy On Excess Share Capital Angel Tax is a term used to describe the income tax liability arising from the issuance of shares by unlisted companies to Indian investors at a price...
Read More
No Comments
Politics

Education budget 2024: Government allocates Rs 1.48 Lakh Crore for education, employment, and skilling – Times of India

NEW DELHI: The Union Budget for 2024-25 allocates Rs 1.48 lakh crore for education, employment, and skilling across the country. Presenting the Budget in the Lok Sabha, Finance Minister Nirmala Sitharaman emphasized its focus on employment, skilling, MSMEs, and the middle class.Sitharaman announced that the PM Garib Kalyan Anna Yojana has been extended for five years, benefiting 80 crore people nationwide.As highlighted in the interim budget, there is a need to prioritize the poor, women, youth, and farmers, the minister said.She added, "People have given a unique opportunity to the Modi government to take India on the path of strong development and all-round prosperity." var _mfq = window._mfq || []; _mfq.push(["setVariable", "toi_titan", window.location.href]); !(function(f, b, e, v,...
Read More
No Comments
Culture

Video | Budget 2024: भारत तेजी से बढ़ने वाली अर्थव्यवस्था- पूर्व वित्त सचिव अजय दुआ

Budget 2024: वित्त मंत्री निर्मला सीतारमण 11 बजे बजट पेश करने वाली हैं. इससे पहले किसे बजट से कितनी उम्मीदें हैं इसे लेकर लगातार चर्चाएं जारी हैं. वहीं पूर्व वित्त सचिव अजय दुआ ने बताया कि इस बजट से सरकार लोगों उम्मीदों पर किस तरह खरा उतरने वाली है. Source link
Read More
No Comments
Politics

Economic Survey 2024: India To See Slowdown In GDP Growth At 6.5-7 Per Cent In FY25

Finance Minister Nirmala Sitharaman tabled the Economic Survey for the 2023-24 fiscal year (FY24) on Monday. The survey noted that the Indian economy is set to witness a slowdown in growth in the current 2024-25 fiscal year (FY25), even as the performance in the preceding fiscal surpassed market expectations. The survey projected a growth rate of 6.5 per cent to 7 per cent in FY25 for the Indian economy. However, the country clocked a GDP growth rate of 8.2 per cent in the preceding FY24.  Sharing the outlook for the economy, the survey noted, “In the medium term, the Indian economy can grow at a rate of 7 per cent plus on a sustained basis if we build on the structural reforms undertaken over the last decade. This requires a tripartite compact between t...
Read More
No Comments
Culture

Video | What It Takes To Save And Become Wealthy

What Does It Take To Save And Become Wealthy In This Era. The New Book By Author Scott Galloway, 'the Algebra Of Wealth: A Simple Formula For Success', Spells Out What Young Professionals Need To Keep In Mind, While Starting Out In Their Career. Source link
Read More
No Comments
Culture

Video | Union Budget 2024: Garment Exporters की बजट से क्या उम्मीदें? | NDTV India

  Union Budget 2024: टेक्सटाइल-गारमेंट इंडस्ट्री एक लेबर इंटेंसिव सेक्टर है. रोज़गार के दृष्टिकोण से बेहद महत्वपूर्ण है. इस सेक्टर में देश के कोने-कोने में करोड़ों लोगों को रोज़गार मिलता है. बड़ी मात्रा में गारमेंट का एक्सपोर्ट भी भारत से होता है . टेक्सटाइल-गारमेंट इंडस्ट्री एक लेबर इंटेंसिव सेक्टर है. रोज़गार के दृष्टिकोण से बेहद महत्वपूर्ण है. इस सेक्टर में देश के कोने-कोने में करोड़ों लोगों को रोज़गार मिलता है. बड़ी मात्रा में गारमेंट का एक्सपोर्ट भी भारत से होता है . Source link ...
Read More
No Comments
Politics

Industry bodies ask Karnataka govt to ‘reconsider retrograde’ bill proposing reservation for ‘locals’

Bengaluru: The Siddaramaiah-led Congress government in Karnataka has cleared a bill that proposes reservation for “locals” in shops, factories and other establishments as well as penalties for failure to comply with the new law.According to the provisions of the Karnataka State Employment of Local Candidates in the Industries, Factories and Other Establishments Bill, 2024, cleared by the state cabinet Monday and expected to be tabled in the ongoing legislature session, employers will be mandated to appoint 50 percent local candidates in management roles and 75 percent in non-management positions. According to the bill, which ThePrint has accessed, the penalties for contravention of the provision of the proposed law “shall be not less than ten thousand rupees, but which may extend upto t...
Read More
No Comments
Life Style

​Viral: 7 Interesting facts about Indian Budget

Finance Minister Nirmala Sitharaman is all set to present the Union Budget on July 23,2024. Forget about '400 paar' , the Modi 3.0 is a coalition government. It failed to cross the minimum number of 270 to make a government on its own, and hence relied on the partners Nitish Kumar's JDU and Chandrababu Naidu. BJP needs to tread carefully in these shaky waters of coalition and it will be interesting to see will it have an effect on the 2024 Budget.Aa union budget is an estimated receipts and expenditures of the government at Center for that particular year. Since 1947, India has had a total of 73 annual budgets, 14 interim budgets and four special budgets. We present to you some interesting trivia about the budgets presented since the independence of India. var _mfq = window._mfq || []...
Read More
No Comments
Politics

Nirmala Sitharaman Leads Halwa Ceremony, Signaling Final Stage Of Preparations

Budget 2024: The Halwa ceremony, a traditional event marking the final stage of the Union Budget preparation process, was held on Tuesday in North Block. The ceremony was attended by Union Finance & Corporate Affairs Minister Nirmala Sitharaman, signalling the beginning of the “lock-in” process for Budget preparation. The countdown has officially begun for the Union Budget 2024, set to be presented in Parliament on July 23 by Finance Minister Nirmala Sitharaman. As the first full Union Budget of Modi 3.0, it carries high expectations from both the corporate sector and the general public. #WATCH | Delhi: The Halwa ceremony, marking the final stage of the Budget preparation process for Union Budget 2024, was held in North Block, today, in the pre...
Read More
No Comments
Politics

Union Budget 2024: Parliament Session To Begin On July 22, Budget Presentation On July 23

Budget 2024: Kiren Rijiju, Union Minister of Parliamentary Affairs of India, on Saturday revealed the dates for the upcoming Budget for the 2024-25 fiscal year. The Union Minister informed that President Droupadi Murmu has authorised the proposed Budget Session dates from July 22, 2024 to August 12, 2024. The Union Budget 2024-25 will be presented in the Lok Sabha On July 23, 2024 by Finance Minister Nirmala Sitharaman.  Hon’ble President of India, on the recommendation of Government of India, has approved the proposal for summoning of both the Houses of Parliament for the Budget Session, 2024 from 22nd July, 2024 to 12 August, 2024 (Subject to exigencies of Parliamentary Business). Union Budget,… — Kiren Rijiju (@KirenRijiju) July 6, 2024 Th...
Read More
No Comments
Politics

Budget 2024 will roll out historic steps, speed up reforms: President Murmu – Times of India

NEW DELHI: Raising expectations of major announcements, President Droupadi Murmu on Thursday said the first Budget of PM Narendra Modi's third term will have several historic steps, going beyond economic and social decisions. "This Budget will be an effective document of govt's far-reaching policies and futuristic vision... The pace of reforms will be further accelerated in tune with the aspirations of people of India for rapid development," the President said in her address to the joint sitting of Parliament.Expectations of a reform-oriented Budget have been building up since Modi returned to office for a third consecutive term, equalling Nehru's record, with govt expected to address several concerns flagged during the elections, including job creation and inflation through a push for ...
Read More
No Comments
Uncategorized

Pisces, Daily Horoscope Today, June 17, 2024: Secure your financial future today – Times of India

Today, you will be more conscious of your income. Pay attention to the body and life, as well as the concept of defence. This day is more earthbound and pertains to the material plane, so you might have to pay more attention to your wallet. Take a look at your budget and think if there is anything that needs to be changed so that you do not face any financial issues.On the emotional level, the stars can provide a sense of security and safety when you are confident about your financial affairs. Pisces Love Horoscope TodaySecurity is the foundation of your relationships. You may need to be consoled and given more reassurance than before from your partner. If you have a partner, it is time to discuss your further plans and what you want to do together. It is also important to share your pl...
Read More
No Comments
Politics

1st Modi 3.0 Budget to eye job creation by expanding PLI scheme, MSME focus | India News – Times of India

NEW DELHI: Steps to boost jobs by expanding the Production Linked Incentive scheme to furniture, toys, footwear and more segments of textiles, along with a focus on MSMEs, while increasing income levels of women and boosting infrastructure, are expected to be among the key thrust areas of the Modi govt's first Budget in its third term with several of the issues also being part of govt's 100-day agenda that will feed into the targets for 2030.Besides, the finance ministry is looking at sops for the middle class, which may not necessarily be limited to options around tax concessions but may extend to interest rate subsidies for housing loans and other measures. These are preliminary areas of emphasis, some flowing from the election outcome, with detailed consultations yet to begin. Detail...
Read More
No Comments
Politics

Pakistan Peoples Party voices concerns over not being consulted on budget by PML-N – Times of India

ISLAMABAD: The Pakistan Peoples Party has said it was not consulted by the ruling PML-N-led government on the upcoming federal budget despite being a coalition partner, according to a media report on Sunday. The Pakistan government will likely present the budget for the financial year 2024-25 on June 12.The government, led by Prime Minister Shehbaz Sharif's Pakistan Muslim League-Nawaz (PML-N) party, "neither told us anything related to the budget nor took us into confidence," Pakistan Peoples Party (PPP) leader Syed Khurshid Ahmed Shah said."We don't know what the PML-N is doing about privatisation policy, taxes, developmental programme," the report quoted Shah as saying.After the controversial February 8 general elections marred with massive rigging allegations, the PML-N and PPP form...
Read More