archiveBudget 2024

The landscape of cybersecurity in India is set to undergo a significant transformation as the 2024 interim budget reflects a momentous decision by the Indian government. In a strategic move to fortify the nation's digital defenses, the allocation for cybersecurity projects has witnessed an unprecedented surge. From a modest Rs 30 crore in 2022-2023, the budget allocation experienced a substantial leap in the 2023-2024 period, reaching Rs 400 crore. However, the most noteworthy revelation lies in the latest budget, where the Indian government has nearly doubled the allocation, elevating it...

By Rakesh Raghuvanshi   With the impending Union Budget 2024 announcement on February 1, the entrepreneurial community is actively engaging in a constructive dialogue, putting forth nuanced expectations for reforms that would fortify the business environment. One of the primary concerns drawing attention is the taxation of Employee Stock Options (ESOPs) for startups. Presently, the budget lacks specific provisions offering relief to startups, leading to a taxation burden on employees of unlisted companies even before realizing any liquidity from exercising options. This dynamic has repercussions on talent acquisition and retention...

Fiscal policies are in a position to direct economic recovery and advancement as India enters a pivotal period in its history. The Interim Budget and Union Budget 2024 are two very important financial plans that the country is eagerly awaiting, and the excitement is evident. These budgets are seen as revolutionary change agents that significantly influence the course of the economy and give vital assistance to a variety of industries.   Under the shrewd leadership of Finance Minister Nirmala Sitharaman, the government will have a unique chance to solve sector-specific...

The Union Budget 2024 is expected to be a crucial one for the Indian economy as it will set the tone for the government’s vision and priorities for the next five years, as it is the first full-fledged budget after the 2023 general elections. One of the sectors that is eagerly awaiting the budget announcements is the digital marketing industry, which has witnessed a tremendous growth in the past few years, thanks to the rapid adoption of digital technologies, platforms and channels by businesses and consumers alike. According to a...