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The Latest Breaking News from Budget

Will there be a vaping tax? Government considers new levy

A duty on vaping may be announced in the Budget next week

Evening Standard

Maharashtra Deputy CM Ajit Pawar tables ₹8,609 crore supplementary demands

Maharashtra Budget 2024-25: Maharashtra government tables ₹8,609 crore supplementary demands in Budget session

The Hindu

Runway extension work: Pratap Simmha seeks ₹150 crore from State govt. for shifting utilities

Mysuru MP seeks ₹150 crore for runway extension utilities, highlighting the need for funding and land acquisition.

The Hindu

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KREDL to set up a self-sustained green hydrogen plant with 300 kW capacity

With growing interest among industries in green hydrogen as an energy source, Karnataka Renewable Energy Development Limited (KREDL) has decided to set up a 300 kW self-sustained green hydrogen plant in the State. The plant is expected to bring in more investments in the sector and was announced during this…

The Hindu

Budget session to be extended till Wednesday

The Budget session of the State legislature, which had been extended by a day till Monday, is likely to be extended till Wednesday.

The Hindu

More than 90% of London pubs forced to increase drink prices as landlords battle rising costs

Landlords call on Chancellor Jeremy Hunt to slash alcohol duty in next month’s Budget

Evening Standard

Govt. allocating meagre sum for temples: Ashok

Leader of the Opposition in the Assembly R. Ashok on Thursday accused the Congress government of pursuing an “anti-Hindu” policy by earmarking a meagre amount for the developments of temples and mutts.

The Hindu

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BoE’s Dhingra warns against delaying interest rate cuts; ‘limited room’ for tax cuts after record UK budget surplus – as it happened

Rolling coverage of the latest economic and financial news, as UK’s budget surplus doubles year-on-year… and BT Tower is sold to hotel chain

The Guardian - UK

FTSE 100 Live 21 February: UK in record budget surplus, HSBC disappoints despite $30bn profits

HSBC, BAE Systems and Rio Tinto are among the heavyweight London-listed stocks in the spotlight today.

Evening Standard

DMK has not fulfilled many of its poll promises related to agriculture: Palaniswami

Chennai AIADMK leader criticizes State government for failing to fulfill promises for farm sector in disappointing Agriculture Budget.

The Hindu

A Budget loaded with literary and historical references

Chennai Finance Minister Thangam Thennarasu's maiden budget speech is filled with literary references and historical quotes.

The Hindu

Humanitarian in essence, says CM Stalin on Budget

Tamil Nadu Chief Minister M.K. Stalin highlights state's growth and social justice focus in Budget 2024 presentation.

The Hindu

Seven ideals form bedrock of Tamil Nadu Budget 2024

Tamil Nadu government announces major schemes in Budget 2024-25, including financial aid for students and infrastructure development.

The Hindu

Seven BJP MLAs move Delhi HC challenging suspension from Budget session

The BJP MLAs had allegedly interrupted Lt Governor V.K. Saxena multiple times during his address on February 15 highlighting achievements of the AAP government, as they sought to attack the Arvind Kejriwal government on a range of issues.

The Hindu

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The Hindu

‘State is not bankrupt and budget size has increased despite guarantees’

Chief Minister Siddaramaiah defends State's financial health, criticizes political opponents for misleading claims on budget and guarantee schemes.

The Hindu

BJP councillors demand apology from Deputy Mayor

The Hindu

Share of Capital Expenditure shrinks, but guarantees not the only reason

The share of capital expenditure to the total outlay of the Budget Chief Minister Siddaramaiah presented on Friday has come down to 15% from 16.5% in the Budget he presented in July 2023. Before that, in the Budget presented by Basavaraj Bommai in February 2023, just before the Assembly polls,…

The Hindu

Mysuru City Corporation Budget envisages augmenting water supply, introducing pay-and-park system

The Mysuru City Corporation (MCC) Budget for 2024-25, presented by the civic body’s administrative officer G.C. Prakash, envisages a slew of projects for the development of the city, including augmenting water supply and a construction and demolition waste recycling plant, apart from the introduction of the pay-and-park system.

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The Hindu

Jharkhand Congress legislators want their four Ministers replaced with new faces

Internal tensions within the Congress party came to the surface after the Cabinet expansion of the Champai Soren government when legislators threatened to boycott the upcoming Budget sessions.

The Hindu

Budget provides significant grants to new projects in NK districts

The State Budget presented by Chief Minister Siddaramaiah has provided significant amounts of grants and new projects to northern Karnataka districts. The most important announcement of the Budget is to celebrate the centenary year of the Congress session in 1924, the only session chaired by Mahatma Gandhi.

The Hindu

Revenue deficit unlikely to come down at least till 2026-27

Bengaluru's revenue deficit is expected to persist until 2026-2027 due to increased spending on guarantee schemes and limited resources.

The Hindu

Karnataka Budget: Three new schemes for start-ups announced

Bengaluru Chief Minister Siddaramaiah's Budget for 2024-25 introduces new programmes to boost start-ups, agri-start-ups, and innovation in Karnataka.

The Hindu

Amidst gloomy scenario, agriculture gets a slew of innovative schemes for sustainability and drought mitigation

Amidst the gloomy scenario of agriculture sector reporting a negative growth of 1.8% due to severe drought, the State Budget for 2024-25 has announced a slew of innovative schemes for agricultural development, including a scheme titled Karnataka Raitha Samruddhi Yojane for promoting integrated and sustainable farming for boosting farm incomes.

The Hindu

Siddaramaiah presents welfare-centric Budget with no new taxes ahead of LS polls

Projecting the “Karnataka Model” of development as an example, by focusing on the five guarantees that Chief Minister Siddaramaiah promised would ensure positive changes in the lives of crores of people --- mainly women and marginalised sections --- the State Budget for 2024-25 sought to demonstrate that welfare has the…

The Hindu

Karnataka Budget: ‘Navu Manujaru’ to inculcate social harmony among students

The Karnataka Budget presented on Friday offers a novel scheme to sow seeds of social harmony at the school and college level with a programme titled ‘Navu Manujaru’ (We are human beings). It is an interactive, two-hour, weekly class that will involve discussions and debates in all schools and colleges…

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Edappadi K Palaniswami

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