The central Modi government has reduced the custom duty on gold and silver in the budget, after which there is a continuous decline in the prices of gold and silver. Even on the next day of the budget, a decline in the prices of gold and silver was seen in the Indian bullion market.
New Tax Slab: Modi government has given big relief to the middle class and income tax payers in the first budget of its third term. Union Finance Minister Nirmala Sitharaman has increased the standard deduction limit for tax payers from Rs 50 thousand to Rs 75 thousand. Along with this, changes have been made in the New Tax Slab.
Union Finance Minister Nirmala Sitharaman presented the Union Budget 2024 in Lok Sabha on Tuesday, announcing five new schemes aimed at generating employment for the youth.
Indian markets started the day in the green but quickly turned cautious ahead of the Union Budget 2024. The Bombay Stock Exchange (BSE) Sensex, a 30-share pack, initially climbed over 250 points at the opening bell at 9:15 AM but erased these gains in early trading.
As the Modi 3.0 government gears up to present its first Union Budget, all eyes are on Finance Minister Nirmala Sitharaman. Scheduled for Tuesday, this budget comes amid rising questions from the Opposition about job creation and inflation.
On Monday, the first day of the budget session in Parliament, Finance Minister Nirmala Sitharaman presented the Economic Survey in the Lok Sabha. During this, he said that many steps have been taken to bring ease of doing business.
Finance Minister Nirmala Sitharaman is set to present the Economic Survey in Parliament on Monday, July 22, just a day before the Union Budget announcement.
Air services have come to a standstill due to reports of malfunction in airlines' servers across the world. Due to this, air services have been affected in many countries including India. According to the information received, after a sudden technical glitch in the computers of the airport and air traffic control, flights of all the airlines around the world have been stopped till further orders. Its effect is being seen
The domestic stock exchanges BSE and NSE will be closed on Wednesday, July 17, 2024, in observance of the Muharram holiday. Consequently, there will be no trading in equities, derivatives, or currency and commodity markets for the entire day.
The State Bank of India (SBI), the largest government bank, has announced an increase in its Marginal Cost of Lending Rate (MCLR), dealing a blow to individuals hoping for cheaper loans. The bank revealed today, Monday, that the MCLR has been raised by 5 to 10 basis points, with the new rates taking immediate effect.
