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The Union Budget 2024 is set to be presented on July 23, 2024. "Morgan Stanley" expects the fiscal deficit target to be retained at 5.1% of GDP in F2025 and to reach 4.5% of GDP by F2026. The stock market tends to fall 80% of the time in the 30 days

Most important financial news of this week related to Indian Economy. ¶° India’s fiscal deficit for April-May stood at Rs 50,615 crore or 3% of the total estimated fiscal deficit for the entire financial year. ¶° India’s infrastructure output ros

Budget-4 The list of budget documents presented to the parliament, besides the finance minister’s budget speech, is given below: (a) Annual Financial Statement (AFS) (b) Demands for Grants (DG) (c) Finance Bill (contains of taxation policies) (d) St

🚀 All Eyes on Growth! 📈📢 Union Budget 2025-26 🔹 Tax: No major changes, but relief for the middle class! 😐💵 🔹 Startups & MSMEs: Easier loans & more support for small businesses! 🚀🏢 🔹 Jobs & Skills: Govt to train 41 million youth for better j

The Surprise Election Night Winner: Perplexity On Tuesday, two AI startups, xAI and Perplexity, tried to position their chatbots as reliable, real-time sources of information during the high-stakes presidential election. Elon Musk's Grok, however, f

After a long time. Back to Reality: The Budget's Hidden Cost "Hidden Costs of the New Tax Regime" Everyone's talking about the lower tax slabs in the new income tax regime. But has anyone considered the long-term implications? By drastically redu

**Tax Revenue Hits Record Highs** 📈 The government’s net direct tax collection, post-refunds, surged 15.4% to ₹12.3 lakh crore between April and November 10, 2024. Gross collections also saw a robust 21.2% increase, reaching ₹15.02 lakh crore. 💰

💸25 Basic terms you should know before watching Budget 2025 on Feb 1 Finance Minister Nirmala Sitharaman is preparing to present the Union Budget 2025, marking the second full budget of Prime Minister Narendra Modi’s government in its third term, a

It’s worrying what’s happening to our highway construction targets and achievements 🙏🙏 In first 8 months of FY25, Govt spent just 55% of the Rs 2.72L crore capex targetted for the roads and highways sector. With just four months left, hitting the

ONE INTERESTING OBSERVATION SERIES DAY #4 Good news and bad news on the Indian tax collection front. Personal income tax is surging, with a near 20% increase over the past three months, suggesting that individual spending might be on the rise, ind