Despite financial restrictions imposed by the Union government, Kerala’s expenditure has seen significant growth, Finance Minister K. N. Balagopal stated. He emphasized that the state is on track to achieve a budget size of ₹2 trillion, reflecting its commitment to development and welfare programs. The minister highlighted the challenges posed by financial constraints but assured Read More…
Tag: finance minister
Kerala Triumphs Over Financial Crisis; Welfare and Development Unscathed, Says FM Balagopal
Thiruvananthapuram: Kerala has successfully overcome its financial crisis without compromising on welfare schemes or development projects, Finance Minister K. N. Balagopal declared while presenting the fifth budget of the Pinarayi Vijayan-led government. One of the budget’s key highlights was a ₹750 crore rehabilitation project for the victims of the Wayanad landslides that struck on July Read More…
RSS Unions Propose Major Reforms in Budget 2025: ₹10 Lakh Tax Exemption and Reduced Dependence on Chinese Imports
In their pre-budget discussions with Finance Minister Nirmala Sitharaman, RSS-affiliated unions have put forward significant proposals for the 2025 Union Budget. Among the key recommendations is raising the income tax exemption threshold to ₹10 lakh, designed to enhance the disposable income of taxpayers and address ongoing economic challenges. Further, the unions have called for an Read More…