The Union Budget 2025 will be announced on 1st February. The process of preparing and passing this budget is an intricate one. It begins with the groundwork by the Ministry of Finance, consultations with stakeholders, and data analysis and goes through multiple stages of drafts, approvals and voting stages in the Lok Sabha and Rajya Sabha. Here is a roundup of how the Budget is prepared and passed in India.
30 January,2025 12:29 PM IST
Pro Govinda 2024 will take place on 18th August 2024 at the Dome SVP stadium in Worli and this makes the training of Mumbai’s Dahi Handi champions even more intense. Jogeshwari-based Jai Jawan Govinda Pathak is known to break several records and grab trophies - all thanks to their champion skills in making Dahi Handi breaking formations. Going by their records, they are one of the strongest and quickest set to give tough competition to the contenders at the Pro Govinda League. Mid-day’s Katyayani Kapoor paid a visit to Jai Jawan Govinda Pathak’s practice session and it was nothing short of wonder! Take a look.
17 August,2024 11:40 AM IST
Prime Minister Narendra Modi highlighted the significant increase in capital expenditure under the current BJP government. Speaking at the 'Journey Towards Viksit Bharat: A Post Union Budget 2024-25 Conference' on July 3rd, Modi compared the growth in capital expenditure during the UPA government to the present administration. He pointed out that in 2004, the first budget of the UPA government allocated about Rs. 90,000 crore for capital expenditure. This amount rose to Rs. 2 lakh crore by the end of the UPA tenure. Today, under the BJP government, capital expenditure has soared to over Rs. 11 lakh crore. PM Modi in the CII Post-Budget conference 2024 emphasized that capital expenditure is a key driver of productive investment in resources.
30 July,2024 03:31 PM IST
The Union Budget 2024 was announced on 23rd July by Finance Minister Nirmala Sitharaman. While the budget touched upon varied sectors of priorities for the government, it has raised several questions for the middle class. Are the taxes simplified enough? Will the standard deductions given matter much? What should be the right approach to investing? In the episode of Money Matters, Certified Financial Planner and SEBI Registered Investment Advisor Kalpesh Ashar in conversation with Mid-day’s Katyayani Kapoor explains various aspects of personal finance related to this year’s budget. From the widening of the tax slabs, raising STT on F&O, and raising taxes on Capital Gains to the new pension scheme for minors, in this video Kalpesh Ashar busts the myth and explains how these reforms can impact you.
24 July,2024 07:05 PM ISTADVERTISEMENT
