Unveiling the Insights: Interim Budget 2024
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Gross and net market borrowing - 14.13 and 11.75 Lakh crore respectively
Direct tax collection doubled and tax payers increase by 2.4x
Average return processing from 94 days to 10 days
No direct tax rate changes
• 12:00 IST
programme to support dairy farmers
• 12:00 IST
To improve taxpayer services, there are a large no. of petty or disputed direct tax demands, many of them dating as far back as 1962, which cause anxiety to taxpayers. propose to withdraw such outstanding direct tax demands upto Rs. 25,000 pertaining to years upto 2009-10 and Rs. 10,000 for the period from 2010 to 2015. This will help 1 crore taxpayers
• 11:59 IST
Expansion of New airports & Existing airports
• 11:59 IST
Donot propose to make any changes related to Tax rates.
• 11:59 IST
Retain tax rates for Direct taxes and Indirect taxes
• 11:59 IST
certain tax exemptions for startups and IFSC units are expiring on march 31, 2023. To provide continuity in taxation, propose to extend these till March 31, 2025
• 11:58 IST
Retail tax rates for direct and indirect taxes.
• 11:58 IST
No proposal to make any changes relating to taxation and propose to maintain the same tax rates for direct and indirect taxes, including import duties,
• 11:58 IST
no change in direct tax structure
• 11:58 IST
NO CHANGE IN TAX DIRECT/INDIRECT
• 11:58 IST
No changes related to txation
• 11:57 IST
no change in direct tax structure for salaried people
• 11:57 IST
target is to reduce fiscal deficit to below 4.5% by fy26
• 11:57 IST
Over the last 10 years, tax collections have more than double
• 11:56 IST
Reduce fiscal deficit by below 4.5%
• 11:56 IST
The government will form a high-powered committee to review challenges arising from fast population growth and demographic changes.
• 11:55 IST
FY24 Fiscal deficit revised to 5.8%
• 11:55 IST
more metro train positive for companies like larsen , j kumar infra, kec international, HG INFRASTRUCTURE
• 11:55 IST
Rs. 75,000 crore is being proposed as 50-year interest free loan for milestone-linked reforms by States.
• 11:54 IST
Fiscal deficit revised estimate at 5.8% of gdp
• 11:54 IST
For promoting green growth, the new scheme of bio mfg and biofoundry will be launched
• 11:54 IST
The FDI inflow from 2014-23 was 596 billion USD marking a golden era. Negotiating bilateral treaties with the spirit of ‘First, Develop India’
• 11:54 IST
The government has continued its support to farmers under the crop insurance facility and intends to further strengthen the same. This will ensure penetration and awareness around insurance in rural India thereby providing a boost to the insurance industry
• 11:53 IST
Amritkal as kartavya kal: making people realise their aspirations, committing self to country's development
• 11:53 IST
To form committee to handle fast population growth
• 11:53 IST
more vande bharart train positive for companies like RVNL, IRCON, Titagarh wagon
• 11:53 IST
Foreign investment - bilateral investment treaties with other countries under First Developed India (FDI) to boost Foreign investors
• 11:52 IST
Please ignore this to set up 100 coal gasification plants to be set by 2030
This is correct: to set up 100 tonne gasification capacity to be set by 2030
• 11:52 IST
Tourism, including spiritual tourism, are booming and States will be encouraged to develop tourism centres and market them globally. Long-term interest free loans will be provided to States on a matching basis to develop such tourism centres.
• 11:52 IST
IMP: "Focus on developing infrastructure for BioGas and compulsory usage integration to support PRAJ INDUSTRIES"
• 11:52 IST
Long-term interest free loans will be provided to States on a matching basis to develop such tourism centres
• 11:52 IST
IMP: tourism Industry
Business, Religious, Leisure tourism in focus.
Long term financing to states to address infrastructure.
• 11:51 IST
Will form payment security mechanism for EV buses
• 11:51 IST
IMP: Business and Spiritual, Conference Tourism: Long term financing loans to states, increasing porting connectivity to Lakshadweep.
• 11:51 IST
to set up 100 tonne gasification capacity to be set by 2030
• 11:51 IST
"imp" Thomas Cook - Organised G20 for the Indian Government thus increasing focus of government on tourism to directly benefit thomas cook
• 11:50 IST
Spirttual Tourism has huge opportunity , states will be encouraged to develop spiritual centers and provide long term financing facilities
• 11:50 IST
To convert 40,000 rail bogies to Bandhe Bharat Standards
• 11:50 IST
To expand metro rail and Namo bharat to more cities
• 11:50 IST
expansion of existing airports and new additions to continue
• 11:50 IST
Will expand EV Ecosystem by encouraging adoption of EVS in Public Transport
• 11:49 IST
Green Energy
Viability gap funding for harnessing shore-wind energy potential
Coal gassification and liquifaction capacity of 100 metric tons will be set up by 2030.
Phased mandatory of blending of compressed biogas in compressed natural gas for transport and piped natural gas for domestic purposes will be mandated.
• 11:49 IST
Will convert 40000 railway bogies to vande bharat standards
• 11:49 IST
to set up 100 coal gasification plants to be set by 2030
• 11:49 IST
Coal gasification 100 T by 2030
• 11:48 IST
IMP**: Port connectivity corridor, energy, mineral and cement corridor and High traffic density corridor, announced
• 11:48 IST
EV ecosystem - by supporting manufacturing and charging infra.
• 11:47 IST
Will set up 3 Railway corridors Energy, Cement and Minerals
• 11:47 IST
40,000 normal railway bogies will be converted to vande Bharat standards
• 11:47 IST
40,000 normal rail bogeys will be converted to Vande Bharat standards
• 11:46 IST
Green energy - net zero by 2070 - visibility gap funding for offshore Wind for 1GW initial capacity
-IMP*- Suzlon Energy
• 11:46 IST
Three major railway corridor programs will be implemented. These are:
Energy, mineral and cement corridor
Port-connectivity corridor
High-traffic density corridor
They will improve logistics efficiency, and reduce cost
• 11:46 IST
TO CONVERT 40,000 RAIL BOGIES TO VANDE BHARAT STANDARD
• 11:46 IST
1000 new aircrafts order placed by Indian carriers
• 11:45 IST
IMP ** On the Capex front, the outlay for next year increased by 11.1% to Rs 11.11 lk cr
• 11:45 IST
Indian Aviation companies has ordered 1000 air planes, number of airports doubled in last few years
• 11:45 IST
IMP: 43 lakh boggies to be converted as par with Vande Bharat - Beneficiaries are TWL, Taxmaco
• 11:45 IST
"IMP" Titagarh, Amber Enterprises 40,000 normal railway bogie to convert to vande bharat standard
• 11:45 IST
Energy, mineral, CEMENT, high traffic corridors to be set up
• 11:44 IST
Aviation Sector - Indian Carriers have placed order for 1000 new air crafts.
• 11:44 IST
capex at 3.4% of gdp
• 11:44 IST
FY25 CAPEX OUTLAY AT 3.4% OF GDP
• 11:42 IST
3 major railway corridors - energy, cement
• 11:42 IST
Out lay increased by 11% for infra at Rs 11.11 lakh cr
• 11:41 IST
India as a G20 host showed forward way and built consensus for solutions for problems being faced by the world
• 11:41 IST
50 yr interest free loans for sunrise domain
• 11:40 IST
will double exports to ₹1-lakh crore rupees,This will generate 5 lakh new jobs
Corpus of 1lk cr will be established with 50 yr interest free loan -low or nil interest rates for Private sector research and innovation in Sunrise Domains.
IMP**: 83 lakh SHGs (self help groups) with 9 crore women are transforming the rural social economic landscape with empowerment and self reliance. Their achievements will be recognized by honouring them. It has been decided to raise the target for such Lakhpati Didis from 2 crore to 3 crore.
A corpus of Rs. 1 lakh crore will be established with 50 year interest free loans for providing long term financing or refinancing with long tenors and low or nil interest rates.
Fisher schemes to help reach Rs1 lakh Cr exports target.
• 11:38 IST
Atmanirbharta on Oil Seeds to be formulated.
In the agriculture sector - Pvt and public invt in post harvest activities will be promoted
Healthcare cover will be extended to all Aasha, Anganwaadi workers, and helpers.
• 11:37 IST
IMP: Ashaworkers, Anaganwadi Workers and Helpers will be including under Ayushman Bharat.
• 11:37 IST
Efforts of value addition and boosting farmers incomes will be stepped up. The PM Sampada Yojana has benefited 38 lakh farmers. The PM Formalisation of Micro Food Processing Enterprises has assisted 2.4 lakh SHGs.
• 11:37 IST
On Agro
Application of NANO - DAP of various crops will be implemented
Atmanirbhar Oil Seeds Abhiyan - Strategy for atmanirbharta for oil seed, mustard, soybean, etc
Comprehensive program for Dairy development will be prepared.
IMP: Cervical Vaccination Centre programme to be launched for girls at age of 9-13 years.
Dairy Development - Programme for supporting Dairy farmers, India being largest milk producer
separate department for fisheries has helped fishers, doubling the productivity
Application of Nano DAP to extended to all agro crop
• 11:35 IST
Separate department for fisheries will be established.
• 11:35 IST
will double exports to ₹1-lakh crore rupees,This will generate 5 lakh new jobs
• 11:35 IST
Aim to double sea food exports to 1 Lakh crore
• 11:34 IST
IMP: "Lakpati DIDI target enhanced From 2cr to 3 Cr" will support Micro Finance Companies
• 11:34 IST
5 integrated aqua parks will be setup
• 11:34 IST
A comprehensive program for supporting dairy farmers will be formulated and efforts are already on to defeat the Foot and Mouth Disease. India is the largest dairy producer in the world but with low productivity of milch.
• 11:34 IST
IMP !! Matsya Sampada Yojana to enhance aqua culture activity
Positive - Avanti Feeds
• 11:33 IST
Rooftop solarisation will allow one crore houses to claim 300 units of free electricity every month
• 11:31 IST
IMP -Housing for Middle CLass - ;Living in rented or slums or challs and unauthorised colonies' to buy and build their own houses
• 11:30 IST
Imp: India-Europe-Middle East corridor, to be a game change will become a basis of world trade initiated on indian soil
• 11:30 IST
Savings of Rs.15000-18000 annually from free solar electricity.
• 11:29 IST
Rooftop solarisation - 1cr household will be enabled to obtain 300units of electricity free of cost every month
• 11:29 IST
PM awas grameen close to 3 cr provide further 2 cr house will be provided. Positive for cement companies
• 11:29 IST
The next five years will be years of unprecedented development, and golden moments to realise dream of developed India by 2047
• 11:29 IST
PMAYG, DESPITE COVID, CLOSE TO ACHIEVE 3 CR. HOUSES
NEXT 2 CR. TO BE TAKEN UP IN THIS BUDGET
• 11:28 IST
IMP: 3 Crore Houses Constructed Under PM Grameen Awas Youjana
• 11:28 IST
Rooftop solarisation and muft bijlee
• 11:28 IST
PMAY Gramin - Despite challenges, continued to almost reach 3cr house target
2 cr more houses in the next 5 years to meet requirement of more families
• 11:27 IST
Govt will focus on eastern people for powerful driver of economical growth
• 11:27 IST
PM Avas Yogna Gramin on a target to achieve 3 cr housing and 2cr more housing will be achieved
• 11:27 IST
Vision for Viksit Bharat, is that of prosperous Bharat, in harmony with nature, with modern infra and proving opportunities for all citizens
• 11:26 IST
Crop assurance has been given to 4 crores farmers under the PM Fasal Bima Yojana.
• 11:26 IST
Economic development with sustainable growth
the moto for amritkal
• 11:25 IST
PM Mudra Yojana has sanctioned 43 crore loans amounting to Rs. 22.5 lakh crore for the entrepreneurial aspirations of your youth. Fund of Funds, Startup India and Startup Credit Guarantee Schemes are assisting our youth
• 11:25 IST
next 5 years will be period of unprecedented development
Energy security - in terms of availability, accessibility and affordability.
• 11:24 IST
Pandemic has led to a crisis of food, fertilizer, fuel and finances. But India successfully navigated its way
Strategy for Amritkal: economic policy to improve productivity, inclusiveness for all, next generation reforms
Next 5 years will be years of unprecedented development
Strategy for Amritkal - economic policies for growth, inclusivity, contribution to resources - government will take next generation reforms.
• 11:23 IST
Earning sabka vishwas, next 5 years will be focussed on further development to make india a developed country by 2027
Mission for viksit bharat: providing opportunities for all citizens
• 11:23 IST
Vision for Viksit Bharat:
Harmony with nature
Modern Infrastructure
Earning Sabka Viswas
• 11:23 IST
India will become a corridor for international trade and mark itself history in the next 100years
Vision for Vikasit Bharat - providing opportunities for all citizens. Next 5 years will be of unprecedented development.
• 11:22 IST
India-Europe-Middle East corridor, to be a game change
will become a basis of world trade
initiated on indian soil
• 11:22 IST
The corridor will become the basis for world trade, and this corridor will be built on Indian Soil.
• 11:21 IST
The average real income of people have increased by 50%
All forms of Infrastructure are being built in record time.
DBT to 11.8 Cr individuals has led to saving of Rs 2.4 lakh Cr in Govt treasury
Effective and timely delivery of programmes and large projects
GST has enabled one nation, one market, one tax
VIKSIT BHARAT BY 2047
• 11:20 IST
70% houses under PM AWAS yojana in Rural Areas to women as sole or joint owners
• 11:20 IST
70 CR houses given to woman under awas yojna
• 11:19 IST
PM savanidhi gave credit assistance to 78 lakh street vendors
• 11:19 IST
30 Cr MUDRA Loans given to Female Entrepreneurs
• 11:19 IST
Empowerment of women through entrepreneurship has gained momentum. 30cr mudra yojana loan given to women.
• 11:18 IST
The NEP 2020 is ushering in transformational reforms. The Skill India Mission has trained 1.4 crore youth, upskilled and reskilled 54 lakh youth and established 3,000 new ITIs.
• 11:18 IST
The NEP 2020 is ushering in transformational reforms. The Skill India Mission has trained 1.4 crore youth, upskilled and reskilled 54 lakh youth and established 3,000 new ITIs.
• 11:18 IST
32 cr mudra yojana loan given to women entrepreneurs
• 11:18 IST
34 Cr mudra yojana given to Woman entrepreneurs
• 11:17 IST
PM Mudra yojna sanctioned Rs 30 Cr loans to women entrepreneurs
• 11:17 IST
Electronic agri Mandi has connected 1051 mandis, transacting ₹2-lakh crore
• 11:17 IST
Nari Shakti Women Empowerment has resulted in 30Cr Mudra Yojana Loans to Women Entrepreneurs
• 11:16 IST
set up 7 IIT & IIM and 15 AIMS
• 11:16 IST
From 78 lakh street vendors, 2.3 lakh have received credit for the third time under the PM Swanidhi Yojana
• 11:16 IST
National Education Policy 2020 - The Skill India mission has trained 1.4 Cr Youth
Established 3000 New ITIs
7 IITs
7 IIMs
15 AIMs
have been set up
• 11:15 IST
PV Sandhi gave credit assistance to Rs 78 lakh street vendors
• 11:15 IST
Crop insurance given to 74 Cr farmers under PM jan dhan yojana
• 11:15 IST
Skill India mission trained 1.8cr youths, established 3000 new ITIs.
• 11:14 IST
Skill india mission trained 1.4 Cr youths
• 11:14 IST
focus on four major groups -- Poor, farmers, youth and women
• 11:13 IST
PM kisan samman yojayana assisted 11.8lk cr farmers
• 11:13 IST
Direct Benefit Transfer of Rs. 34 lakh crore through PM Jan Dhan Yojana accounts has led to savings of Rs. 2.7 lakh crore for the government, which has helped in providing more funds for Garib Kalyan.
• 11:12 IST
PM jan man yojna for tribal groups
PM Vishvakarma for artisans
Welfare of annada - PM kisan yojna - 11.8 Cr farmers, crop insurance to 4 Cr farmers under PM fasal yojna
• 11:12 IST
Crop insurance provided to 4 cr farmers
• 11:12 IST
Govt has helped 25 Cr people to overcome multi dimensional poverty
• 11:11 IST
Jan Dhan Yojana saved Rs 17 Lakh Crore for the Government.
• 11:11 IST
2.7 lack cr for government savings via DBT in Jan dhan Account
• 11:11 IST
Direct benefit transfer has led to saving of Rs 2.4 lak cr
• 11:10 IST
MSP Hikes, Provision for basic goods raised rural real income
• 11:10 IST
Focus on empowerment of the poor.
• 11:09 IST
25 Crore peoples are out of poverty.
• 11:09 IST
Development programs in the last 10 years have targetted each and every individual through schemes relating to free ration, bank accounts for all, drinking water for all, in record time. This has enhanced real income in the rural areas.
• 11:09 IST
Need to focus on four major castes - Garib, youth, annadata and mahila
• 11:08 IST
The government has delivered "House for all" and "Jal for all"
• 11:07 IST
Vikasit bharat by 2047
• 11:07 IST
Housing for all, har ghar jal delivered in record time
• 11:07 IST
MSP has increased periodically to enhance rural income
• 11:06 IST
Budget 2024: MSP periodically increased - enhanced real income of rural areas.
• 11:05 IST
Fruits of developments are reaching to all
• 11:04 IST
Indian economy has witnessed a positive transformation in last 10 years
• 11:02 IST
Budget 2024: Capex estimates range from Rs 10.76 - 12 Lakh Crore, a potential rise from FY24E.
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