On Tuesday, Finance Minister Nirmala Sitharaman presented the Union Budget for 2024-25. Among the announcements, one may concern mobile users, potentially leading to higher mobile tariffs. The Union Minister announced an increase in duties on Printed Circuit Board Assemblies (PCBA) for telecom equipment, directly impacting mobile users. Telecom Companies’ Response In early July, Reliance Jio,…
The Union Budget 2024 has sparked a heated debate between the ruling National Democratic Alliance (NDA) and the INDI Alliance. The opposition claims the budget is discriminatory and has decided to stage protests in and outside Parliament. INDI Alliance Meeting On Tuesday evening, INDI bloc parties met at the residence of Mallikarjun Kharge, Leader of…
State-Wise Distribution of Indian Athletes at the 2024 Paris Olympics; Haryana Leads, Odisha Lags Haryana Leads with Highest Representation A 117-member strong Indian contingent has reached France to participate in the 2024 Paris Olympics, beginning their quest for coveted medals. Among all the states, Haryana boasts the highest number of athletes, with 24 participants. This is…
Congress leader Rahul Gandhi criticized the Union Budget 2024, branding it a “Kursi Bachao” (save your chair) Budget. He alleged that the government made empty promises to its allies at the expense of other states. Gandhi further contended that the Budget appeased cronies without offering relief to ordinary Indians, asserting it was merely a copy-paste…
This strategic shift aims to make nuclear energy a substantial component · It’s a departure from traditional large-scale nuclear plants · It is aimed at offering more flexible and cost-effective nuclear power solutions In a significant move to diversify India’s energy portfolio, Finance Minister Nirmala Sitharaman unveiled major initiatives for nuclear energy development in the Union Budget…
The Central Bureau of Investigation (CBI) confirmed before the Supreme Court that the NEET-UG paper leak occurred at Hazaribagh’s Oasis School on May 5, the day of the exam. This marks the first official claim by the CBI since it began investigating the case in June. The CBI revealed that not only was the exam…
In the first budget of the Modi 3.0 government, Finance Minister Nirmala Sitharaman announced significant changes to income tax slabs and standard deductions aimed at providing relief to taxpayers. The revised tax structure and deductions are expected to result in substantial savings for individuals, particularly benefiting the middle class. Revised Income Tax Slabs The new…
In a historic moment, Finance Minister Nirmala Sitharaman presented the Union Budget 2024-25, marking her seventh consecutive Budget speech. This achievement makes her the first finance minister to surpass former Prime Minister Morarji Desai’s record of six consecutive budgets as finance minister between 1959-64. Key Announcements: Tax Reforms:Sitharaman introduced increased standard deductions and revised tax…
Finance Minister Nirmala Sitharaman presented her seventh consecutive budget on Tuesday for the fiscal year 2024-25, marking a significant moment with major announcements for Andhra Pradesh and Bihar. The budget includes substantial investments in infrastructure, education, agriculture, and youth employment, aiming to drive economic growth and development across these states. Andhra Pradesh Capital Development A…
For decades, India’s finance ministers carried a briefcase to present the budget. This practice, rooted in British tradition, symbolized the weight and significance of the financial exercise. However, Finance Minister Nirmala Sitharaman broke this long-standing tradition in 2019 with a bahi khata and further modernized it with a tablet in 2021. As she prepares to…
