2 Weeks Into Budget 2024: The Impact on the Stock Market
Macro Moves

2 Weeks Into Budget 2024: The Impact on the Stock Market

Indian Stock Markets have been on a wild ride in the two weeks following the announcement of the Union Budget for the year 2024. The initial reaction has been both optimistic and mixed, but a bit of scepticism is evident as investors continue to assess and analyse the budget's effects and the direction of the stock market.

Continue Reading about 3 months ago
ROI on Taxes:  A Comparative Perspective with India
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ROI on Taxes: A Comparative Perspective with India

Taxation is a key tool for any government's economic strategy, funding critical infrastructure, social services, and public goods. The effectiveness of a tax system can be evaluated by looking at the return on investment (ROI) on taxes, which measures the benefits received by taxpayers in relation to the taxes they pay. We will discuss the ROI on taxes in India, particularly in light of the recent 2024 budget presented by Finance Minister Nirmala Sitharaman, and compare it with other countries.

Continue Reading about 3 months ago
Key highlights of India
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Key highlights of India's Union Budget 2024

Today, Finance Minister Nirmala Sitharaman presented the Union Budget 2024 in Parliament. This is a big moment as it’s her 7th budget in a row, breaking Morarji Desai's record of six consecutive budgets.

Continue Reading about 4 months ago
How is the Union Budget Prepared: An Inside Look
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How is the Union Budget Prepared: An Inside Look

Have you ever wondered what goes on behind the scenes of India's Union Budget? This annual financial statement isn't just about numbers; it's an interesting blend of strategy, secrecy, and careful planning. From the early morning meetings to the final touches on the budget speech, the creation of the Union Budget is a story of intense preparation and collaboration. Let's dive into the process that shapes the financial future of the world's largest democracy!

Continue Reading about 4 months ago
How is the Budget Passed in Parliament?
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How is the Budget Passed in Parliament?

The Annual Budget is a big event in India because it decides how the government will spend and collect money for the year. An exciting moment in India's Budget history happened in 1991-92. Two Finance Ministers from different political parties took turns presenting the Budget.

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What To Expect From Budget 2024?
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What To Expect From Budget 2024?

Have you ever wondered how India moved up from being the 10th to the 5th largest economy in just 10 years? The key is the Power of the Budget.

Continue Reading about 4 months ago
10 Interesting Facts About Budget (1947-2024)
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10 Interesting Facts About Budget (1947-2024)

Did you know that the word 'budget' comes from the French word 'bougette'? The word bougette means leather briefcase. This is why every Finance Minister of India carries their budget documents in a leather briefcase on budget day. 

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10 Terms To Know Before Budget 2024
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10 Terms To Know Before Budget 2024

India has a tradition of eating something sweet before the start of good work. This tradition is also followed in the case of budget presentations. Ten days before the budget is tabled, there is a 'Halwa' ceremony held in the Ministry of Finance. 'Halwa is prepared and then served at the venue where the budget is printed. The ceremony marks the printing of the budget and is celebrated by Government officials involved in making the budget.

Continue Reading about 4 months ago
India’s Union Budget FY25: Insights into What Changed
Tax Club

India’s Union Budget FY25: Insights into What Changed

National Democratic Alliance (NDA) won the fierce election battle with 292 seats, bringing the Modi 3.0 government back in full force. Now it’s time for the event of the year that people of all statuses look forward to: The Union Budget Presentation.

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5 Game-Changing Government Schemes for Women
Macro Moves

5 Game-Changing Government Schemes for Women's Empowerment

Women's empowerment has been a sensitive subject for many decades now. Although many initiatives and laws have been created to provide equal rights and opportunities to all genders alike, there is still a major gap left for development.

Continue Reading about 9 months ago
Budget 2024: Fueling India
Macro Moves

Budget 2024: Fueling India's Economy

The 5th largest economy in the world has got its trade game on fire🔥: Exporting ₹46,795 crore worth of goods while bringing in ₹52,722 crore in imports. 

Continue Reading about 9 months ago
The Highlights of Interim Budget 2024-2025
Macro Moves

The Highlights of Interim Budget 2024-2025

We're back again! It's an Insider tradition to cover and decode the budget for our readers. After covering the expectations of the taxpayers and sectors this fiscal year, I'll cover the key highlights of the Interim Budget 2024-25.

Continue Reading about 9 months ago
Top 7 Railway Stocks in India
Stock Market

Top 7 Railway Stocks in India

Were you aware that the railway stocks (railway-related companies) bounced an excellent 18% upwards on 19 January 2024? In case railway stocks interest you, now is the best time to add them to your portfolio. After all, history has proved that railway companies’ stocks perform better right before the announcement of the finance budget.

Continue Reading about 10 months ago
How will Budget 2024 Affect your Finances?
Macro Moves

How will Budget 2024 Affect your Finances?

The countdown for the announcement of the Union Budget for 2024-25 has begun. 1 February 2024 will be the day when Finance Minister Nirmala Sitharaman will unveil India's next financial chapter.

Continue Reading about 10 months ago
PLI Scheme: What is it & Which Sectors are Thriving Under the Scheme?
Macro Moves

PLI Scheme: What is it & Which Sectors are Thriving Under the Scheme?

Atmanirbhar: The ability to be independent of reliance on others for major/minor tasks. India’s Prime Minister, Narendra Modi, made the term famous by introducing the citizens to the dream of an Atmanirbhar Bharat (self-reliant India). Many new campaigns and projects have been in motion ever since to make India the one-stop destination for the best of all worlds.

Continue Reading about 1 years ago
The state of various asset classes after Budget 2023
Macro Moves

The state of various asset classes after Budget 2023

Today, on 1st February 2023, Finance Minister Nirmala Sitaraman presented the union budget 2023 in the parliament amid series of loud thumping and occasion thumbs down from the opposition. The Minister of Finance refers to the Union Budget 2023-2024 or the first Budget in Amrit Kaal as “the blueprint drawn for India@100”. She identified four focus areas to achieve the target earmarked for India@100, including Economic Empowerment of Women, Vishwakarma KAushal Samman (PM VIKAS), Tourism, and Green Growth.  Further, she emphasized on the need for a technology-driven and knowledge-based economy with strong public finances and a robust financial sector. To achieve which, she calls out for Jan Bhagidari through Sabka Saath Sabka Prayas.  

Continue Reading about 1 years ago
How does Budget 2023 affect your portfolio
Macro Moves

How does Budget 2023 affect your portfolio

Every year, the Indian Finance Minister delivers the Union Budget, which is an important document that details the Government's revenue and spending for the coming fiscal year. It has far-reaching effects on various sectors of the economy and also on individual finances. As an investor, it is important to understand how the Union Budget can impact your investment portfolio.

Continue Reading about 1 years ago
How does Budget 2023 affect your consumption habits
Macro Moves

How does Budget 2023 affect your consumption habits

The Indian budget can affect the consumption habits of citizens in a number of ways. For example, changes in taxes and subsidies on goods can influence their prices and therefore affect the demand for these goods. 

Continue Reading about 1 years ago