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Новости за 23.07.2024

Economictimes.indiatimes.com 

After bumper profits, govt scraps Rs 30,000 cr capital support to oil cos

Finance Minister Nirmala Sitharaman cancelled a Rs 30,000 crore equity infusion for Indian Oil, Bharat Petroleum, and Hindustan Petroleum due to record FY24 profits. Interim support was Rs 15,000 crore. Prices remained low April-September 2022, with provided LPG subsidies and resisted daily revisions. ONGC, GAIL aim for net-zero emissions. FY23 losses were driven by the oil crisis.

The Hindu 

A Budget sans poetry, but filled with political pragmatism

Budget provides internships and incentives for first-term employees; citing similarities to Congress manifesto, Rahul Gandhi terms it a “copy-paste” Budget; substantial sops for States ruled by NDA allies

Thehindubusinessline.com 

Change in buyback taxation is welcome move

It will ensure that This would ensure buybacks are done only for the purposes for which they were it was originally conceived in the financial world

Economictimes.indiatimes.com 

Budget 2024: TDS cut, ecommerce hubs to free up capital, propel growth

Finance minister Nirmala Sitharaman said the TDS for ecommerce operators for certain payments to “ecommerce participants” will be cut from 1% earlier to 0.1% now. The move would provide “substantial working capital relief for micro, small, and medium enterprises (MSMEs),” a spokesperson for Amazon India told ET.