Ahead of the first Modi 3.0 budget, the Cellular Operators Association of India (COAI), an industry body, on Wednesday listed several recommendations addressed to the Ministry of Finance.
Investment banking company Goldman Sachs expects the central government to stick to the announced fiscal deficit target of 5.1 per cent of GDP for 2024-25 in the upcoming Budget to be tabled on July 23 and announce further consolidation to a deficit of below 4.5 per cent in 2025-26.
As the central government prepares for the upcoming budget on July 23rd, a research report by the State Bank of India (SBI) highlights crucial areas that need attention to drive sustainable economic growth and development.
The government under Prime Minister Narendra Modi should focus on adherence to fiscal prudence and continue on the fiscal consolidation path, suggested SBI Research ahead of the much-awaited full Budget for 2024-25 to be tabled on July 23 - the first Budget under Modi 3.0.
The Pre-Budget consultations for Union Budget 2024-25 that started from 19th June 2024 onward in the Ministry of Finance and chaired by Union Minister for Finance and Corporate Affairs Nirmala Sitharaman concluded on July 5.
A survey conducted by real estate association CREDAI and investment management company Colliers found that the majority of the real estate developers expect tax rationalization, sops for affordable housing, and single window clearance from Union Budget 2024, slated to be tabled sometime l
State Finance Minister Devda said that the budget for the culture department for the current fiscal year was two and a half times more than that of the budget estimate of the last FY 2023-24.
Criticising the budget for the fiscal year 2024-25 rolled out by the Shehbaz Sharif-led coalition government, the former governor of Sindh, Muhammad Zubair has said that both direct and indirect taxes have affected the salaried class majorly, pointing to unequal tax imposition, reported ARY