{"id":5567,"date":"2024-02-01T15:17:13","date_gmt":"2024-02-01T09:47:13","guid":{"rendered":"https:\/\/gwcindia.in\/blog\/\/?p=5567"},"modified":"2024-08-28T13:25:02","modified_gmt":"2024-08-28T07:55:02","slug":"budget-highlights","status":"publish","type":"post","link":"https:\/\/www.gwcindia.in\/blog\/budget-highlights\/","title":{"rendered":"Budget Highlights :"},"content":{"rendered":"<h1>Budget Highlights of 2024<\/h1>\r\n<p><b>-Increase in Capex by 11.1% to 11.1 lac Cr<\/b><\/p>\r\n<div><b>-New 3 Railway Corridors to improve logistics efficiency<\/b><\/div>\r\n<div><b>\u00a0<\/b><\/div>\r\n<div><b>-Expansion of existing airports and new airports to be constructed<\/b><\/div>\r\n<div><b>\u00a0<\/b><\/div>\r\n<div><b>-Promotion of urban transportation via Metro rail<\/b><\/div>\r\n<div><b>\u00a0<\/b><\/div>\r\n<div><b>-Housing for Middle Class to buy\/build own houses<\/b><\/div>\r\n<div><b>\u00a0<\/b><\/div>\r\n<div><b>-Long term interest free loans to states to boost tourism development<\/b><\/div>\r\n<div><b>\u00a0<\/b><\/div>\r\n<div><b>-5 integrated aqua parks<\/b><\/div>\r\n<div><b>\u00a0<\/b><\/div>\r\n<div><b>-Solar roof tops in 1 Cr houses to get 300 units of free power every month<\/b><\/div>\r\n<div><b>\u00a0<\/b><\/div>\r\n<div><b>What has happened:<\/b><\/div>\r\n<div><b>\u00a0<\/b><\/div>\r\n<div><b>-Direct tax collections trebled in 10 years<\/b><\/div>\r\n<div><b>\u00a0<\/b><\/div>\r\n<div><b>-Faster IT refunds<\/b><\/div>\r\n<div><b>\u00a0<\/b><\/div>\r\n<div><b>-Gross GST Collections average Rs 1.66 lac Cr\/month<\/b><\/div>\r\n<div><b>\u00a0<\/b><\/div>\r\n<div><b>Taxation: No Change<\/b><\/div>\r\n<div><b>\u00a0<\/b><\/div>\r\n<div><b>Fiscal deficit:\u00a0FY 24 Fiscal deficit is expected to be 5.8% of GDP. Fiscal deficit to reduce to 5.1% in FY24-25.<\/b><\/div>\r\n<div><b>\u00a0<\/b><\/div>\r\n<div><b>Govt borrowings:\u00a0Net borrowing is expected to be Rs 11.75 lac Cr in FY24-25.<\/b><\/div>\r\n<div><b>\u00a0<\/b><\/div>\r\n<div><b>10 Year Yields has declined to 7.05. Equity market is flat and USDINR is at 82.97.<\/b><\/div>\r\n<div>\u00a0<\/div>\r\n<div>\r\n<div><strong>Click to open an Account<\/strong>\u00a0:\u00a0<a href=\"https:\/\/ekyc.gwcindia.in\/client\/\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/ekyc.gwcindia.in\/client\/<\/a><\/div>\r\n<div><strong>For all your investment needs feel free to reach us.<\/strong>\r\n<div>\r\n<div><!-- \/wp:post-content -->\r\n\r\n<!-- wp:paragraph --><strong>Give us Missed Call us on 90037 90027 . For Support : 044-40329999<\/strong><\/div>\r\n<\/div>\r\n<\/div>\r\n<\/div>\r\n<div>\u00a0<\/div>\r\n<div>\u00a0<\/div>","protected":false},"excerpt":{"rendered":"<p>Budget Highlights of 2024 -Increase in Capex by 11.1% to 11.1 lac Cr -New 3 Railway Corridors to improve logistics efficiency \u00a0 -Expansion of existing airports and new airports to be constructed \u00a0 -Promotion of urban transportation via Metro rail \u00a0 -Housing for Middle Class to buy\/build own houses \u00a0 -Long term interest free loans [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":5568,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"image","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5567","post","type-post","status-publish","format-image","has-post-thumbnail","hentry","category-finance","post_format-post-format-image"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/5567","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/comments?post=5567"}],"version-history":[{"count":0,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/posts\/5567\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/media\/5568"}],"wp:attachment":[{"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/media?parent=5567"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/categories?post=5567"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gwcindia.in\/blog\/wp-json\/wp\/v2\/tags?post=5567"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}