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.
Union Minister Ashwini Vaishnaw on Tuesday said that the 2024-25 budget includes provisions to simplify tax rates, reduce taxes, and help middle-class families fulfil their dream of owning a home.
Congress leader Randeep Surjewala termed the Union Budget 2024-25 as "jhunjhuna budget" and alleged that there is no relief for farmers while weaker sections such as Scheduled Castes, Scheduled Tribes and OBCs have been ignored
The industry leaders said that the continued capital expenditure-led growth, like spending on infrastructure, and housing will spur growth. The industry leaders further added that the budget also provides some degree of demand stimulus by giving certain tax reliefs, particularly the middle c
Sitharaman said, "Under the PM Awas Yojna, Urban 2.0, housing needs a 1 crore urban poor and middle class families will be addressed with an investment of Rs 10 lakh crore. This will include the central assistance of Rs 2.2 lakh crore in the next 5 years."
As Union Finance Minister Nirmala Sitharaman is set to present the first budget of the NDA 3.0 government on Tuesday, Congress MP Pramod Tiwari expects the focus of the budget to be on unemployment, inflation, and further rebates in income tax slabs for the middle class, among others.
Emphasizing the need for measures to address inflation, particularly the soaring prices of essential commodities and life-saving drugs, Uttar Pradesh Congress President Ajay Rai has voiced the expectations of the middle class for the Union Budget 2024-25.
He also criticised the 2019 move of the Centre to reduce corporate tax rates and said that it didn't trigger private investment as was being anticipated, instead private investment has fallen from 35 per cent under UPA rule to under 29 per cent today.
Bangalore (Karnataka) [India], July 10: In a landmark move set to revolutionize financial access across India, BranchX, a leading neobank innovator, has launched the nation's first personal loan solution through the Open Network for Digital Commerce (ONDC). This initiative marks a significan
New Delhi [India], June 18: The Indian automotive market is undergoing rapid evolution, fueled by urbanization, rising incomes, and an expanding middle class. This dynamic sector encompasses a wide range of vehicles, from two-wheelers to passenger cars. A noticeable shift is underway, as man
According to recent data, India is expected to outpace Germany by 2024 and Japan by 2026, solidifying its position as a global economic powerhouse. The country's rapid ascent is driven by several key factors, including its large population and rising middle class.