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Published : 14 ಅಕ್ಟೋಬರ್ 2024, 6:11 IST
Last Updated : 14 ಅಕ್ಟೋಬರ್ 2024, 6:11 IST
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Summary Bengaluru: As the Finance Ministry prepares the upcoming Union budget 2024, it finds itself with enough fiscal space to bring a long-awaited tax relief to the salaried classes, as well as continue down the path of focus on public infrastructure and rural-focused welfare schemes.

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Boxes with aid from The King Salman Humanitarian Aid & Relief Center, meant for Lebanon, are kept to be loaded onto a cargo aircraft.

Boxes with aid from The King Salman Humanitarian Aid & Relief Center, meant for Lebanon, are kept to be loaded onto a cargo aircraft.

REUTERS/Hamad I Mohammed
Single Quote: In order to enable all this, however, the fiscal deficit target of 5.1 per cent of GDP set in the interim budget is likely to remain untouched. Fiscal deficit is the difference between a government’s revenue and expenditure when the latter is higher, and is an important indicator of the administration’s financial health.
Raja K
Big Fact
While the modalities are still being discussed by the top policymakers in the central government, tax sops for the middle class could be in the form of either raising the basic exemption limit to Rs 5 lakh from Rs 3 lakh, or rejigging the tax brackets.
Double Quote: Corporate India representatives have also sought that the focus on capital expenditure be continued, along with the expansion of production-linked incentive scheme.
Piyush Kumar
Blurb: “The sectors where we are expecting an increase in populist spending are towards rural schemes and some kind of income tax rationalisation for the lower income strata. Affordable housing could see some push and I do expect some kind of cash transfer,” Tanvee Gupta Jain, Chief India Economist at UBS Securities India, had told
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Circular_908_List of Festival and National Holiday List - 2024.pdf
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(CHAITANYA GUDIPATY)
ಪ್ರ

Quest: Testing purpose please kindly ignore

(Piyush KUMAR)

Answer: Okay Noted

(Raja K)
ಪ್ರ

Q: What is Planet?

(Piyush KUMAR)

A: A planet is a celestial body that orbits a star and has enough mass to be round and clear its orbit of smaller objects:

ತಾಜಾ ಮಾಹಿತಿ ಪಡೆಯಲು ಪ್ರಜಾವಾಣಿ ಟೆಲಿಗ್ರಾಂ ಚಾನೆಲ್ ಸೇರಿಕೊಳ್ಳಿ

ತಾಜಾ ಸುದ್ದಿಗಳಿಗಾಗಿ ಪ್ರಜಾವಾಣಿ ಆ್ಯಪ್ ಡೌನ್‌ಲೋಡ್ ಮಾಡಿಕೊಳ್ಳಿ: ಆಂಡ್ರಾಯ್ಡ್ ಆ್ಯಪ್ | ಐಒಎಸ್ ಆ್ಯಪ್

ಪ್ರಜಾವಾಣಿ ಫೇಸ್‌ಬುಕ್ ಪುಟವನ್ನುಫಾಲೋ ಮಾಡಿ.

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