Taxation Travails
While posts on WhatsApp would have us believe that taxpayers, who are allegedly in a minuscule minority, are a muchharassed lot, the Government pushes a diametrically opposite narrative viz.
While posts on WhatsApp would have us believe that taxpayers, who are allegedly in a minuscule minority, are a muchharassed lot, the Government pushes a diametrically opposite narrative viz.
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The LG asked the Delhi government to present the Annual Financial Statement (Budget) in the Assembly so that it could be discussed and passed expeditiously in the larger interest of the people.
Describing the budget as disappointing, BJP state unit president Rajiv Bindal said: “The capital expenditure has been reduced to Rs 6280 crore in the financial year 2024-25."
Karnataka Chief Minister Siddaramaiah is all set to present the state budget on Friday in the Assembly here.
The briefing will be held at 9 am at the Balayogi Auditorium in Parliament Library Building in the national capital
With the record budgetary allocation of 2.40 lakh crore, semi-high speed Vande Bharat Express trains, modern LHB coaches, a railway track with anti-collision technology armor, a new signaling system, a new type of wagons, construction of high-speed wheels, system dome coaches including all the development works could be done on the railway tracks.
For pensioners, the finance minister announced extending the benefit of standard deduction to new tax regime.
"50 additional airports, helipads, water aero drones, and advanced landing grounds will be revived to improve regional air connectivity," informed Sitharaman in Lok Sabha.
In 2019, the Union Budget was presented in a traditional 'bahi-khata' rather than a leather briefcase. It was the first time since independence that any Finance Minister had 'opted out' of a briefcase or a hardbound leather bag.