Posts Tagged: union budget

Legal

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.

Legal

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.

Legal

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!

Legal

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.

Legal

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.

Legal

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.

Legal

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.

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.

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.

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.

Macro Moves

Industries set to benefit and suffer from the Budget 2023-24

On February 1, Finance Minister Nirmala Sitharaman will deliver the Union Budget of India 2023-2024. Expectations and dreams are plenty, whether they come from Indians asking for tax breaks or foreign businesses hoping to take advantage of the nation's manufacturing capabilities. India will be glued to their viewing devices to hear the verdict. We are sure that, after elections and cricket matches, India feels most united on the day of the Union Budget presentation.

Finance

Can India's Digital Rupee Succeed?

The 2022 Union Budget was a roller-coaster ride for the Indian Crypto and Blockchain enthusiast. The 30% tax on crypto income and 1% TDS on transactions made it seem like the Government of India really has it out for cryptocurrencies.

Invest

Sectors that Could Benefit From The Union Budget of 2021

The Covid-19 pandemic of 2020 seems to have changed the whole world. With the whole world shut down for nearly a year, many businesses were shut down, and thousands and thousands of jobs were lost. Economies were facing a terrible decline, and unemployment levels had found a newfound high. The pandemic brought about a financial crisis to the entire world.

Invest

How should you invest in Mutual Funds: SIP or Lumpsum?

Have you ever thought about what your life will be like 10 years or 5 years from now? Along with a roller coaster of events, your future might also hold various monetary demands and requirements. It might be marriage expenses or your children's education or for your retirement. So, how do you face them? The answer is simple. Just start investing. There are various forms of investments.

Tax Club

Budget 2020: Which Tax Regime Should You Opt For?

The budget simply welcomed a series of thumbs up and relatively higher criticisms. It's high time you understand the new tax regime and what it has in store for you. Now just picture the Avengers in a different scenario. In the climax, the powerful infinity stones are held by Thanos.

Invest

Budget 2020 for investors: Effects of DDT abolition

Every year the entire country waits for the budget. People look forward to the budget with optimism for the future. The budget too always seems to promise as if it will solve the problems for the nation.

Macro Moves

Will RBI’s New Monetary Policy Change Economic Weather?

RBI’s latest policy announcements are making news. What are they implicating exactly? Read and find out below

Macro Moves

Union Budget 2020: Expect the Unexpected?

Union Budget 2020 is round the corner. What are the expectations and what’s the atmosphere like? Read and find out below.

Posts Tagged: union budget

ROI on Taxes: A Comparative Perspective with India

Key highlights of India's Union Budget 2024

How is the Union Budget Prepared: An Inside Look

How is the Budget Passed in Parliament?

What To Expect From Budget 2024?

10 Interesting Facts About Budget (1947-2024)

10 Terms To Know Before Budget 2024

India’s Union Budget FY25: Insights into What Changed

Budget 2024: Fueling India's Economy

The Highlights of Interim Budget 2024-2025

Industries set to benefit and suffer from the Budget 2023-24

Can India's Digital Rupee Succeed?

Sectors that Could Benefit From The Union Budget of 2021

How should you invest in Mutual Funds: SIP or Lumpsum?

Budget 2020: Which Tax Regime Should You Opt For?

Budget 2020 for investors: Effects of DDT abolition

Will RBI’s New Monetary Policy Change Economic Weather?

Union Budget 2020: Expect the Unexpected?

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