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19th Jul 2024
About 1.9% of entire Union Budget for FY24 was allotted by the government to the Agriculture & Allied sector, & another 1.3% went toward PM KISAN Yojana support for small & marginal farmers. Gross Value Added (GVA) of agriculture &
11th Jul 2024
Due to subdued demand and pricing pressures, the cement industry is anticipated to report modest revenue and profit growth for the quarter ending June 2024. Analysts suggest that factors such as general elections, labor shortages, extreme heat waves,
4th Jul 2024
The crypto industry has several key expectations from the upcoming Union budget, including a reduction in transaction tax, the ability to set off losses, treating capital gains from crypto assets the same as other income sources, and the establishmen
1st Jul 2024
As the government begins work on the first full budget of its third term, investors are hopeful for some relief on capital gains taxes. Under the Income Tax Act, gains from the sale of capital assets, both movable and immovable, are subject to "capit
1st Feb 2024
Shares of solar related stocks surged by up to 5% today following the announcement by Union Finance Minister Nirmala Sitharaman. During the presentation of the interim budget for the fiscal year 2024-2025, she unveiled the "Pradhanmantri Suryodaya Yo
In her recent interim Budget presentation, Union Finance Minister Nirmala Sitharaman announced that there would be no alterations to direct and indirect tax rates, including import duties for the fiscal year 2024-25. Sitharaman highlighted the govern
To boost India's agriculture sector, Finance Minister Nirmala Sitharaman announced the expansion of Nano DAP (Liquid) application across all agro-climatic zones. This has sparked a positive response in the stock market, with notable gains in fertilis
31st Jan 2024
For budget 2024 experts project a record breaking budgetary allocation for Indian Railways, set to surpass ₹3 lakh crore in 2024-25, marking a 25% increase from the previous year. As we look forward to the upcoming Interim Budget, Finance Minister
Pradhan Mantri Awas Yojana - Urban (PMAY-U), an affordable housing program launched in 2015, promised a concrete home for all eligible urban households, including slum dwellers and economically weaker sections by 2022. Due to pandemic disruptions the
30th Jan 2024
While it's an interim budget, traders and investors are optimistic anticipating populist announcements as the 2024 parliamentary elections draw near. On 1 February, Union Finance Minister Nirmala Sitharaman will present the budget for the sixth conse
As we kick off the new year, all eyes are on the interim budget and understanding how it impacts the stock market is crucial. Let's break down this ever-relevant topic with a special focus on this year's interim budget. Click here to check the liv
1st Feb 2023
The income tax rebate limit increased from Rs 5 lakh to Rs 7 lakh under the new tax regime. On 1 February 2023, Finance Minister Nirmala Sitharaman presented the Union Budget for 2023-24, the budget involved changes in the tax slabs for the new ta