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The scheme envisages providing houses for rural as well as urban poor and the massive hike in its outlay holds significance keeping in mind the fact that this is the last proper Budget of the NDA government before the 2024 Lok Sabha elections.
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The Finance Minister also proposed to change the tax structure in this regime by reducing the number of tax slabs to 5 and increasing the tax exemption limit to Rs 3 lakh.
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This will offer a deposit facility upto Rs 2 lakhs in the name of women or girls for a tenor of two years at fixed interest rate of 7.5 per cent with partial withdrawal option.
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“We grow several types of Shree Anna, such as Jowar, Ragi, Bajra, Ramdana, Cheena, and Saama…These have a number of health benefits and have been an integral part of our food for centuries.
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Seven priority areas of the Budget are inclusive development, reaching the last mile, infrastructure and investment, unleashing the potential, green growth, youth and financial sector.
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Finance Minister Sitharaman will present the last budget of the Modi 2.0 government at 11 a.m.
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She will lay a statement of the estimated receipts and expenditure of the government for 2023-24.
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President Droupadi Murmu will address the joint sitting of Parliament for the first time after being elected to the post.
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The Budget session will commence on January 31 and is likely to continue till April 6, with a break between February 14 and March 12
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Minister KT Rama Rao said the State was witnessing rapid development in the industrial sector through its innovative policies right from the inception of the State of Telangana
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Given that this is the election year, the wish list will be long and trimming it rationally will be a challenge.
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The Minister has been admitted into the private ward.
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She will also introduce the Appropriation Bills (Nos. 4 and 5) 2022 in the Lok Sabha to seek Parliament's nod for payment and appropriation of amounts from the Consolidated Funds of India for the current fiscal.
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The union Finance Minister’s remarks on Revanth Reddy’s Hindi reflect her arrogance. It also shows BJP’s indifference towards Southern States, said CPI State Secretary K Sambasiva Rao.
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Finance Minister Nirmala Sitharaman on Monday waded into yet another controversy, this time with a statement in the Lok Sabha
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In order to protect their people from investing in volatile cryptocurrencies, curb fake currency circulation, and reduce costs associated with physical cash management, countries across the globe are looking towards digital currencies.
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The strength of the India-US relationship lies in mutual understanding of each one's necessities and respecting the differences, Sitharaman said.
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New Delhi: The Congress on Wednesday took a swipe at Finance Minister Nirmala Sitharaman for her remarks a few weeks ago calling the 1991 reforms “half-baked”, and said “master chef” Nitin Gadkari” has baked it fully and well by paying fulsome tributes to former prime minister Manmohan Singh. Union Minister Gadkari had on Tuesday said […]
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India’s digital finance system has taken a big leap forward with the Reserve Bank of India (RBI) rolling out the first pilot digital currency or e-rupee but concerns over privacy issues remain unaddressed. In the first phase, the wholesale version of the digital currency has been launched with the participation of nine banks while the […]
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Various factors such as inflation, interest rates, quantum of public debt and current account deficit influence the dollar-rupee exchange rate to a great extent.