Focus is on infra, railway and airport - Deloitte's Murty
Another key highlight in the interim budget is the expansion of airport and railway infrastructure, seen as crucial for overall economic growth, says Murty
Another key highlight in the interim budget is the expansion of airport and railway infrastructure, seen as crucial for overall economic growth, says Murty
Sources say now less than 3% of the installed power generation capacity in India comes from biomass power, co-generation and waste-to-energy projects.
The allocation for nutrient-based subsidy has been revised upwards to ₹60,300 crore in RE 2023-24 from ₹44,000 crore in BE 2023-24.
Interim Budget 2024-25 is not merely an interim one but inclusive & innovative budget, says PM
The BSE Sensex slipped as much as 167 points to hit a low of 71,585, and the NSE Nifty fell by 67 points to 21,659 levels.
Market movements before and after the budget are frequently characterised by high volatility, primarily driven by sentiments and expectations.
One of the major anticipations by the real estate industry is the tax relief that could potentially increase demand and opportunities in the housing market.
In the last ten years, Dalal Street notched its best Budget day gain of 5% in 2021, while it registered its ten-year biggest loss of 2.43% in 2020.
The GJEPC has urged govt to cut import duty on gold, silver, and platinum bars to 4%; reduction in import duty on cut and polished diamonds to 2.5%.
The introduction of 1% TDS in 2022 has led to an estimated loss of $420 million in potential government revenue due to migration of Indian crypto traders to overseas platforms.