NIRMALA SITHARAMAN FULL SPEECH

Budget 2024: A look at India’s GDP growth rate before Sitharaman sets the ball rolling in Lok Sabha

Budget 2024 GDP | Finance Minister Nirmala Sitharaman is preparing to unveil Union Budget 2024 in July, underlining India's robust GDP growth. With GDP climbing to 7.8% in Q4 FY24 and an estimated 8.2% for FY24, policies will focus on sustaining growth momentum. The budget aims to align economic strategies with evolving demands amidst global uncertainties.

Outlay for export tax remission plans unlikely to change in Budget

The government is unlikely to increase the allocation for key tax remission schemes for exporters in the 2024-25 budget, despite demands for more support. In the interim budget, ₹16,575 crore was earmarked for the RoDTEP scheme and ₹9,246 crore for the RoSCTL scheme. Exporters argue for adequate allocation to maintain zero-rated exports, a government policy, as merchandise exports rose 5.1% year-on-year in the first two months of this fiscal.

Who will present Budget 2024 and how is it prepared?

Union Budget 2024: Finance Minister Nirmala Sitharaman is set to present her seventh consecutive Union Budget since 2019, joining a distinguished group of finance ministers who have delivered at least five consecutive Union Budgets. This year's budget will be the first full budget presented as part of Modi 3.0, with a notable shift to a paperless format. The budget-making process typically begins in September, over six months before the presentation date, generally on February 1. The Finance Ministry issues budget-related circulars to various entities, including states, Union Territories, Union Ministries, Defense forces, government departments, and autonomous bodies.

Flour, TV, refrigerator, LPG become cheaper: PM Modi says GST resulted in 'significant savings' for poor, common man

Prime Minister Narendra Modi lauded the impact of Goods and Services Tax (GST) during its seven-year tenure, highlighting its role in improving the lives of 140 crore Indians. He noted GST's reduction in taxes on essential household items like flour and detergent, enhancing affordability for the common man.

GST Council proposes interest, penalty waiver on tax dues

"Our intent is to make GST assessees' life easier, simpler and less cumbersome... We are working towards less and less compliance," Union finance minister Nirmala Sitharaman, chairperson of the body, told reporters after the council's 53rd meeting that was held in the capital.

Less than 2% assessees under CGST gets notice, working to make taxpayers life easier: FM Sitharaman

Addressing the media post the GST Council meeting, the Minister said as of December 31, 2023, only 1.96 per cent of all active tax assessees have been sent notices from the Central GST (CGST). Around 1.14 lakh assessees have been sent notices by the CGST out of total 58.62 lakh assessees.

Budget 2024: What will happen to Income Tax in this Budget, will it be cut?

Finance Minister Nirmala Sitharaman is gearing up to present the Union Budget 2024 in late July, her seventh budgetary address. Following the interim budget in February, expectations are high regarding potential income tax rate cuts to stimulate consumption and address economic priorities. Industry bodies like FICCI and CII have advocated for tax relief, while the Ministry of Finance explores measures targeting higher-spending individuals, potentially introducing a new tax bracket.

Budget wishlist from agriculture & MSMEs stakeholders: Sops, infra push, easy loans and PLI schemes

Stakeholders from the agricultural sector and MSMEs provided key suggestions to Finance Minister Nirmala Sitharaman during pre-budget consultations. Suggestions included rationalizing fertilizer subsidies, boosting agricultural infrastructure investment, and implementing employee-centric production-linked incentive schemes.

GST Council likely to deliberate on online gaming tax, Par panel recommendation on fertiliser

The GST Council is set to discuss various issues in its upcoming meeting, including taxation on online gaming and the recommendation to lower tax on fertilisers by the Parliamentary standing committee. The current GST rate on fertilisers is 5%, while raw materials like Sulphuric Acid and Ammonia face a higher rate of 18%. The council will also review the decision to levy 28% GST on the full value of bets for online gaming companies, which came into effect on October 1, 2023.

Hike capex by 25%, reduce GST slabs to maximum of 3 in Union Budget: FICCI tells Nirmala Sitharaman

Budget 2024: Industry lobby group FICCI in pre-budget consultation with Finance Minister Nirmala Sitharaman in Delhi emphasized the need to support growth momentum, infrastructure development, rein in food inflation, support MSMEs, and prioritize innovation and research & development for accelerated growth.

ET Graphics: What India Inc expects from Nirmala Sitharaman in July's full Budget

Budget expectations: Finance Minister Nirmala Sitharaman is set to initiate consultations starting Wednesday for the upcoming full budget of the new government, scheduled for presentation in July. India Inc has proposed a series of reforms, including medium-term measures, aimed at propelling the economy towards higher growth, fostering employment generation, stimulating private investments, and ensuring macroeconomic stability.

Budget 2024: Most Budget speeches to longest speech, Nirmala Sitharaman's records

Nirmala Sitharaman took charge as the Union Finance Minister, which means that she will present the Full Budget of this year. During the Interim Budget of 2024, Sitharaman equalled the record of Moraji Desai, by giving back-to-back six Budget speeches. This time, Sitharaman is set to break Desai's record with her seventh Budget speech. The Budget is set to be presented next month, according to report.

Budget 2024 preparations begin; when will Finance Minister Nirmala Sitharaman present it?

The preparation for the Union Budget 2024-25 has commenced. Yesterday, Finance Minister Nirmala Sitharaman took charge of the Finance Ministry and held a meeting with senior officials. FM directed the officials to initiate the budget preparation process, emphasizing the need for meticulous planning and comprehensive analysis.

Nirmala Sitharaman assumes charge of Finance Ministry, to ensure 'ease of living'

Nirmala Sitharaman took charge of Finance Ministry for her second consecutive term and isset to present FY '25 Budget defining Modi 3.0 government's priorities. She was greeted by officials upon reaching office. Her previous tasks included base corporate tax cut, managing economy during Covid-19, and fiscal consolidation. Sitharaman, born in Madurai, pursued economics before entering politics.

Sensex nearly doubled during Nirmala Sitharaman's first tenure as FM. Next target: 1 lakh!

Sensex nearly doubled during Nirmala Sitharaman's first tenure as FM. Anand Rathi and market guru Raamdeo Agrawal predict the benchmark at 1 lakh level by FY28.

Modi Cabinet portfolios allocated; Sitharaman retains finance ministry, Jaishankar to serve as EAM again

NDA Full List Ministry Portfolio: Prime Minister Narendra Modi began his third consecutive term on Monday by allocating key portfolios to ministers following their swearing-in ceremony. This cabinet formation includes 30 cabinet ministers, 36 ministers of state (MoS), and 5 MoS with independent charge from the BJP and its allies, marking the establishment of the National Democratic Alliance (NDA) government under his leadership

Modi's Cabinet: Nirmala Sitharaman retains finance ministry for second consecutive term

Nirmala Sitharaman on Monday was re-appointed as the finance minister of India for a second consecutive term in Prime Minister Narendra Modi-led cabinet.

Broader & lasting growth, jobs top FM Nirmala Sitharaman's to-do list

Finance Minister Nirmala Sitharaman released two tax devolution instalments totaling ₹1,39,751 crore to 28 states for development and capital spending.

2014, 2019 and now 2024: Nirmala Sitharaman takes oath as Union minister in PM Modi cabinet

In the 2014 cabinet, she served as the Minister of State for Finance and Corporate Affairs and later the Minister for Commerce and Industry with Independent Charge. In 2017, she was appointed as the Union Defence Minister.

Nirmala Sitharaman among 7 women part of new council of ministers; Irani, Lekhi dropped

Seven women, including two in the Cabinet, join the new council of ministers in the 18th Lok Sabha. The dissolved 10-woman ministers' council saw the exclusion of Smriti Irani and others. Nirmala Sitharaman and Annpurna Devi are among the new ministers.

Nirmala Sitharaman: Feisty defender of Modi govt to filling big shoes

As a staunch defender of the Modi government's economic policies and executor, Nirmala Sitharaman created a record when she was appointed as the first female Raksha Mantri, or Defence Minister, in 2017. Prior to that, she was industry and commerce minister.

Interim Budget 2024: Check full text of FM Nirmala Sitharaman's speech here

The Finance Minister presented the Interim Budget 2024 in a speech that lasted for 48 minutes. The budget focuses on four main areas: women, poor, farmers, and youth. The government aims to empower the poor and has implemented various programs to achieve this. Direct Benefit Transfer has resulted in significant savings for the government, which has been used for the welfare of the poor. The budget also highlights initiatives for women empowerment, youth development, agriculture, infrastructure, and taxation reforms.

Budget 2024: FM Nirmala Sitharaman's full speech