Moneycontrol PRO
HomeBudgetSectorsFinancial services

Budget for Financial Services Sector

Jump to
  • Seizing Global Opportunities: Budget 2024's vision for India's future

    Budget has allocated significant funds towards rural development, agriculture, and manufacturing. Key financial reforms include raising Mudra loan limits, introducing credit guarantee schemes for MSMEs, and reducing long-term capital gains tax to attract investments

  • Capital gains tax hike won't significantly deter investors, especially FIIs, says Neelkanth Mishra

    Although there was a temporary sell-off by Foreign Institutional Investors (FIIs) following the announcement, Mishra said that this will not have a lasting impact on market trends.

  • What are variable capital companies that Budget talks about?

    The VCC structure, gaining popularity among global investors, offer greater flexibility and versatility to fund managers. It can also take India closer to its ambition of emerging as a global financial hub, say experts

  • Implications of Budget 2024 announcements on indirect taxes

    Budget 2024 has implemented the recommendations by the GST council by bringing in changes in the finance act. The measures will boost manufacturing sector in India and improve ease of doing business

  • Budgeting for the future, while maintaining fiscal prudence

    This year's Union Budget focused on the growth of the informal sector; from skill enhancement for youth, credit flow to MSMEs, to income enhancement measures for the rural sector. Here's what the budget had to offer the financial sector

  • Economic Survey nudges states to speed up implementation of labour codes

    The survey identifies higher overtime wage premiums and barriers to job opportunities for women as hurdles in way of employment generation

  • Budget 2024: What is on the private equity wish list?

    Private equity investments saw a 31 percent year-on-year rise during the April-June period, though the number of deals dipped from 353 to 299, LSEG Deals Intelligence data shows

  • Budget Snapshot | Will IBC reforms get a push from FM Sitharaman?

    IBC process needs to be lot quicker. Timeframe needs to be cut to improve recovery percentage for creditors

  • Budget ki baat: Raamdeo Agarwal, Vijay Kedia and Samir Arora express their hopes and prayers

    Capital gains tax changes always take center stage in market discussions before the presentation of Union Budget each year. This year is no exception, with market veterans like Samir Arora, Raamdeo Agarwal, and Vijay Kedia weighing their expectations on potential capital gains tax reforms

  • No change Budget will be best for markets, tax-exempt income up to Rs 12 lakh, says Raamdeo Agrawal

    Raamdeo Agrawal remains extremely upbeat on the long-term growth prospects, and wagered that he sees India as an economy with $10 trillion market capitalisation in four years.

  • FM Sitharaman likely to focus on growth, infrastructure revamp under Modi 3.0

    Budget 2024 Expectations Highlights: The salaried class is anticipating tax relief, potentially through cuts in personal tax rates or an increase in the tax exemption limit.

  • Budget 2024: A brief profile of Financial Services Secy Vivek Joshi

    As the government's point person for the financial services sector, Joshi will have key inputs in the making of the interim budget for 2024-25.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347