Sindhu Hariharan
Sindhu Hariharan

@sindhuhTOI

20 تغريدة 1 قراءة Feb 01, 2024
Budget 🧵
-Important for our govt to ensure adequate finances, tech and training of MSMEs
- Ready to assist states in aspirational districts program
- Focus on Eastern region - to make them key in India's growth
1 crore houses will get up to 300 units of free electricity every month through rooftop solar
- Savings of Rs 15000-18000 for households annually
- Vendors can set up charging stations
#Budget2024
Govt plans to set up more medical colleges
Committee to examine the issues and make relevant recommendations
#Budget2024
Atmanirbhar Oilseeds Abhiyaan:
Strategy to achieve self-resilience in oil seeds category
Good future-oriented plan given Russia-Ukraine crisis
#Budget2024
Seafood exports doubled since 2013-14
-Plan to double exports to 1 lakh cr exports in near future , and generate more jobs
- Integrated aqua parks to be set up
#Budget2024
Lakhpathi Didi! (Which Didi, says my mind :D)
-1 crore women have become lakhpatis under country's women self help groups
#Budget2024
Big win for tech and R&D!!
- #Innovation is foundation of development
-Corpus of Rs 1 lakh crore to be set up to provide long-term financing at low or nil interest rates to private sector for R&D
- New scheme for defence deep tech R&D to be set up
#Budget2024
Aviation✈️✈️
Number of airports doubled to 149 in India, 517 new routes are carrying 1.3 crore passengers in India, Indian carriers alone have placed orders for 1000 new aircrafts, says FM
#Budget2024
EVs 🔌
- Greater adoption of e-buses will be encouraged
Blue economy 2.0
-Climate resilience in coastal regions - new scheme will be launched
#Budget2024
Tourism (#Lakshwadeep makes an entry)
- States will be encouraged to take up development of iconic tourist spots, market them globally
- Long-term interest free loans to state on matching basis for above
-Projects for port connectivity will be taken up including in Lakshwadeep
Taking states together:🏨🏨
Provision of Rs 75,000 crore as 50-year interest free loans for state government to support their reforms
#Budget2024
From Amrit Kaal to 'Kartavya Kaal'
#Budget2024
The July 2024 budget will be provided by "Our" government says a super confident FM @nsitharaman
#Budget2024
🚨🚨2024-25 Fiscal deficit at 5.1% of GDP
Aim is to reduce fiscal deficit below 4.5% by 2025-26
#Budget2024
Part B is here!! Tax Tax Tax...
#Budget2024
-Last five years, focused on improving tax payer services
-Faceless asst has brought in transparency
-Pre-filling of returns have made filing easier
-Processing time of returns reduced to 10 days this yr
Do you agree?
#Budget2024
Looks like more of a report card reading in Part B
No direct tax proposals announced.. FM has moved on to indirect tax
#Budget2024
Tax proposals!!
-Keeping with the convention, I do not propose to make any changes, says FM!
-Certain tax benefit to #startups are expiring on March 31, 2024-- extended to March 31, 2025
- Disputed direct tax demands dating back to 60s- propose to withdraw some of these
Jai hind.. FM concludes budget in exactly one hour!!
#Budget2024

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