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Budget 2024: Rs 2 lakh crore allocated to employ 4.1 crore youth over next 5 years – World News Network
Union Finance Minister Nirmala Sitharaman in her Budget speech proposed creation of employment of about 4.1 crore youth over the next five years.
Budget 2024: Proposed to do away with angel tax; positive news for startups ecosystem – World News Network
To bolster the Indian start-up eco-system, boost the entrepreneurial spirit and support innovation, Finance Minister Nirmala Sitharaman proposed to abolish the so called angel tax for all classes of investors.
Fund allocations to key sectors and schemes hiked in budget – World News Network
The revenue to the government is generated from multiple sectors. Income tax contributes 19 per cent, borrowings and liabilities stand as the largest source at 27 per cent, and GST along with other taxes accounts for 18 per cent.
Union Budget 2024-25 focuses on jobs, MSMEs, agriculture sector and startups – World News Network
According to a press release by the Ministry of Finance, India's inflation remains low and stable, progressing towards the 4 per cent target, with core inflation (excluding food and fuel) at 3.1 per cent. Measures are being taken to ensure adequate market supply of perishable goods.
HDFC Life Achieves 99.50 percent Claim Settlement Ratio and Pays Rs 1,584 Crores in Claims for FY24 – World News Network
Mumbai (Maharashtra) [India], July 23: HDFC Life, a leading life insurer in India, continues to uphold its commitment to policyholders with a consistently high claim settlement ratio.
Union Budget 2024-25: Mobile Phones to get cheaper, as FM Nirmala Sitharaman reduces basic customs duty to 15% – World News Network
Sitharaman said, "With a three fold increase in the domestic production and almost a 100-fold jump in exports of mobile phones over the last 6 years, the Indian mobile industry has matured. In the interest of consumers I now propose to reduce the Basic Customs Duty (BCD) on mobile phones,…