Budget signals first major political shift by Modi government after the elections

A month after the Bharatiya Janata Party lost its single-party majority in Parliament, PM Narendra Modi has responded to the political message of the elections by directly attempting to address discontent in key voting groups - like farmers - where the BJP saw an erosion in support, a clear focus on creating jobs, new outlays for key NDA allies in Bihar and Andhra Pradesh and some tough love for the stock markets. For several weeks now, the political messaging from the BJP had been one of business-as-usual, that nothing much had changed, despite the change in Lok Sabha numbers. The framing of Finance Minister Nirmala Sitharaman’s budget is the first major public indication of a political shift. There are five key messages from the Modi government’s first budget of its third term. Read on

Take a look at these key events

Today
Income Tax Day 2024
National Thermal Engineer Day
Q1 results: L&T, Axis Bank, Babj FinServ, Bikaji, DCB bank, Federal Bank, SBI Lie, Syngene, V Guard, Indraprastha Gas, Jindal Steel, JK Paper
NEET UG counselling 2024 likely to begin
Chetana Education SME IPO to open
RNFI Services IPO to close
Mumbai’s first underground metro - Aqua Line - to start operations
INDIA bloc leaders to protest against 'discriminatory' Budget in Parliament
YSRCP to protest in New Delhi to highlight ‘lawlessness, anarchy’ in AP
Bank of Canada to cut rates
Olympics men's football matches: Argentina vs Morocco; Spain vs UzbekistanTomorrow
World Embryologist Day
Q1 results: Adani Green, Adani Energy Solutions, Tech Mahindra, AU Small Finance Bank, United Breweries, Canara Bank, VST Industries, Cyient, DLF, Go Digit, Mahanagar Gas, MPhasis, PNB Housing, Ramco Cement
Arvind Kejriwal's judicial custody to end
Prakash Ambedkar to launch yatra over quota issue
Deadline for Centre to decide on allotment of office space to AAP
India’s Paris 2024 Olympics schedule kicks off
Paris Olympics: Archers' Deepika Kumari and Tarundeep Rai's individual ranking rounds

Five key stocks expected to benefit from the Budget

Finance Minister Nirmala Sitharaman made a number of announcements on agriculture, generating employment, and reduction in import duties for gold, and silver, among other things. Here are five stocks which market experts believe are likely to benefit from the announcements.

New income tax regime gets sweeter; tax slabs softened, standard deduction hiked

Budget 2024 has brought about minor tweaks to your income tax rates. And in keeping with the tradition of Narendra-Modi led National Democratic Alliance (NDA) government, only those who have opted for the new income-tax regime stands to benefit. Here are the big money changes that will affect your wallet.

New and old tax regimes: Six points that you need to bear in mind while filing returns

Old tax regime offers a host of deductions under section 80C, 80D and so on, while the new tax regime offers limited number of exemptions including employers’ NPS contribution of up to 10 percent of the employee’s basic salary. Here’s a guide on the most crucial points you need to bear in mind while filing your returns under either of the regimes at the last minute.

How will Budget 2024 impact you? Here's a look

The Union Budget 2024 introduces a range of incentives and benefits, including tax sweeteners, housing allocations, and employment-linked schemes, aimed at boosting jobs and consumption. Here's how the Union Budget 2024 can impact various aspects of your life.

Meta AI gets multilingual with support for 7 languages including Hindi

Meta is expanding its AI chatbot, Meta AI, to include seven new languages, such as Hindi and Hinglish, intensifying the competition with ChatGPT, Google’s Gemini, and Microsoft’s Copilot. This expansion follows Meta's recent launch of the AI chatbot in India, where it serves a massive user base across Facebook, WhatsApp, Instagram, and Threads. The update allows interactions with Meta AI in Hindi, French, German, Italian, Portuguese, and Spanish across WhatsApp, Instagram, Messenger, and Facebook, with more languages planned for the future. Read here