During the discussions on Union Budget 2024-25 in the Rajya Sabha on Wednesday, Congress leader and former finance minister, P Chidambaram, raised four major themes that are challenges for the economy.
I would describe this budget as bold and radical, focusing on three key areas said Suman K Bery, Vice Chairman NITI Aayog in an exclusive interview with ANI.
The real estate sector has cautioned the government that the proposal to remove indexation benefits for long-term capital gains in real estate will hurt the growth of the sector.
Speaking to ANI on the INDIA bloc protest against Union Budget 2024 in Parliament, Tagore said, "This budget is discriminatory. We all know that it is a 'Kursi Bachao Budget'. This budget has only thought about how to save this government. It has just punished middle-class people, farmers an
"This budget is an attack on the dignity of India's federal structure - in the greed to save power, there is neglect of other states of the country, there is discrimination against them," Rahul Gandhi said in a post on Facebook.
"This budget strongly signals that 'New India' is firmly on the move...As far as the crooked Congress and the unprincipled opposition is concerned, they have no credibility. They lack a credible intention, policy and leader," Kesavan said, speaking to ANI on Wednesday.
Leader of Opposition Rahul Gandhi, Congress MP Sonia Gandhi, Congress president Mallikarjun Kharge, party General Secretary KC Venugopal, Samajwadi Party chief Akhilesh Yadav, TMC MP Dola Sen were seen participating in the protest.
Emphasizing the necessity for a budget that addresses the needs of the middle class and the underprivileged, Congress President Mallikarjun Kharge praised the 1991 Budget presented by former Finance Minister Manmohan Singh, noting that it spurred India's growth trajectory.
The changes in the capital gain taxes have been announced to make the rates simple to understand people so that they can understand their tax rates well, said Revenue Secretary, Sanjay Malhotra.
Congress MP Manickam Tagore on Wednesday gave an adjournment motion notice in Lok Sabha and demanded a discussion over the "negligence" of Tamil Nadu in the Union Budget 2024 presented by Finance Minister Nirmala Sitharaman.
"The way there has been major expenditure of defence, rural development, agriculture, education, IT, health, energy and software, commerce and industry, it seems that this is a pro budget for 'gaanv', 'gareeb' as well as the industrial sector," Sawant said speaking to the media on Tuesday.