July 19, 2024 8:39 AM IST
Budget 2024 Expectations Live updates: Salaried taxpayers are hoping for major income tax relief and standard deduction.
Summary
Track Hindustan Times live blog for top Budget 2024 expectations:
Budget 2024 Expectations Live updates: Union Finance minister Nirmala Sitharaman is seen.
Budget 2024 Expectations Live updates: Finance minister Nirmala Sitharaman’s Budget 2024 is less than a week away. The FM will present the Union Budget on July 23 and various sectors are expecting a lot of things from the government. Salaried taxpayers are hoping for major income tax relief with changes in the new income tax regime and standard deduction while other sectors are waiting to see Nirmala Sitharaman’s decisions on allocations and expenditure. …Read More
Experts believe the Union Budget 2024 will focus more on capital expenditure, especially on infrastructure, to drive GDP growth. Here’s what middle class, corporates, farmers, manufacturing, services and agriculture sectors expect from the Budget.
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July 19, 2024 8:39 AM IST
Budget 2024 Expectations Live Updates: ‘Skill development is a very critical area’
Budget 2024 Expectations Live Updates: Bantwal Ramesh Balinga, Group CEO of Acquaviva, said, “The upcoming budget is highly anticipated by the hospitality and retail sectors, both of which are experiencing significant growth. In the hospitality sector, with over 400 hotels announced and luxury retail growing rapidly, the government should consider policies that facilitate the purchase of second homes with reasonable interest rates. This will drive growth, reduce rental pressures, and promote market stability. Skill development is another critical area. The government’s focus on national skill development should extend to specialized training in plumbing, including engineering degrees, diplomas, and plumbing labs nationwide. This will elevate service standards and operational efficiency in the hospitality sector.”
July 19, 2024 8:35 AM IST
Budget 2024 Expectations Live Updates: Stock markets at record highs on June 19
Budget 2024 Expectations Live Updates: Sensex and Nifty50 hit fresh lifetime highs on Thursday (July 18). While BSE Sensex crossed 81,000 for the first time, Nifty50 went above 24,800. BSE Sensex closed the day at 81,343.46 and Nifty50 ended the day at 24,800.85, up 188 points or 0.76%.
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