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The Latest Breaking News from Budget

A reform window: On the GST trajectory

The overall GST trajectory should give the next government comfort to focus on much-needed reforms to the tax

The Hindu

Former Jharkhand CM Hemant Soren withdraws from Supreme Court his plea against HC order

Former Jharkhand CM Hemant Soren withdraws plea challenging high court order, remains under judicial custody for money laundering case.

The Hindu

Kerala’s additional resource mobilisation measures to kick in from April 1

The ₹10 hike in the support price for rubber along with measures for additional resource mobilisation announced in the Kerala Budget will kick in from April 1.

The Hindu

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Inflation to fall to 3.5% this week but Bank of England won’t cut interest rates, City markets suggest

City experts predict that rate of price rises will hit BOE’s target in one or two months’ time

Evening Standard

Cusat Budget focusses on enhancing academic and research capabilities

Cochin University of Science and Technology's 2024-25 budget focuses on academic restructuring, research incentives, and facility improvements.

The Hindu

OPINION - All models are wrong (except the Office for Budget Responsibility's Brexit forecasts)

"All models," the British statistician George Box observed, "are wrong, but some are useful." To which we now turn to the Office for Budget Responsibility, whose Brexit forecasts seem to be holding up remarkably well.

Evening Standard

Sanskrit University Budget 2024-25: Proposals to start Centre for Secular Studies, inter-university centres

A Centre for Secular Studies and inter-university centres in areas including languages, Humanities and Social Sciences are the key projects included in the Budget of the Sree Sankaracharya University of Sanskrit for the 2024-25 fiscal.

The Hindu

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Why haven't you moved Himachal Pradesh HC against disqualification: SC asks disqualified MLAs

Himachal Pradesh Assembly Speaker Kuldeep Singh Pathania had disqualified the six MLAs on the Congress’ plea for “defying” the party whip that required them to be present in the House and vote for the budget.

The Hindu

Tom Tugendhat urges rise in defence spending to 2.5% 'now' - but denies rift with Rishi Sunak

While Economic Secretary Bim Afolami says voters won’t be ‘bribed’ by pre-election budget giveaways

Evening Standard

Business leaders’ tourist tax fury is a gift for Starmer

City Comment: It’s not yet clear what Labour would do about the tourist tax, but retail bosses fed up with Sunak and Hunt have strarted turning to Starmer and Reeves for salvation

Evening Standard

Brexit hitting UK economy and damage set to worsen with new trade barriers, Budget watchdog warns

Impact of leaving EU raised by Office for Budget Responsibility in its detailed analysis of Chancellor Jeremy Hunt’s Budget

Evening Standard

Westfield boss backs Labour amid 'utter disappointment' in Hunt's failure to scrap 'tourist tax' in Budget

Scott Parsons, chief operating officer, UK at French-owned Unibail-Rodamco-Westfield, said it was ‘deeply frustrating’ that retail leaders have been ignored

Evening Standard

MUDA presents a surplus Budget, no new projects announced

MUDA Commissioner presents ₹6.03 crore surplus budget for 2024-25, focusing on group housing and peripheral ring road projects.

The Hindu

OPINION - Jeremy Hunt's Budget sold us the Big Lie of British politics — that we can afford our spending

No one wants Jeremy Hunt to be Chancellor. Labour doesn’t, obviously — the party has its own candidate, albeit with largely the same spending plans and fiscal rules. Rishi Sunak doesn’t — he wants to be his own finance minister. The Tory Right still pines for Truss-onomics, the SNP doesn’t…

Evening Standard

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Evening Standard

‘Missed opportunities’ to help first-time buyers in the Spring Budget 2024

First-time buyers will be disappointed that some changes were not made in the Budget, some commentators said

Evening Standard

Hunt’s £20 billion Budget shortfall leaves scrapping national insurance for the birds, warns the IFS

Top economist Paul Johnson says both Tories and Labour need to be more transparent about painful choices ahead

Evening Standard

Drones to be sent to emergency scenes in £230million Budget plan to speed up police response times

Live video will be fed back to control rooms to help forces to decide resources required

Evening Standard

Furious West End bosses condemn "staggering" decision not to scrap "tourist tax" in the Budget

OBR review concludes that the calculations it made about the cost of reversing the VAT free shopping scheme are still “reasonable”

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Evening Standard

Stamp Duty reform, a new mortgage scheme and a controversial tax move — what could tomorrow's budget bring?

Experts weigh in on what the Treasury could announce for London’s housing market

Evening Standard

OPINION - Pubs all over London are facing last orders, but the Budget could save them

Tomorrow’s Budget could be the most important in years. People and businesses around the country are desperate to know how the Chancellor is going to help them after a long period of high taxes and sluggish growth. If I were Jeremy Hunt, I’d already be dreaming of sitting down with…

Evening Standard

Warning unscrupulous landlords could use a loophole to avoid Airbnb-style short term lets crackdown

The Chancellor has announced tax perks for second home owners who rent out properties as holiday lets will be abolished

Evening Standard

Courts at 'boiling point' says top barrister in plea for justice funding in Budget

Chancellor Jeremy Hunt is annoucing the spring Budget on Wednesday

The Hindu

AAP-Opposition spar after CM asks Speaker to ‘lock’ Vidhan Sabha

Chandigarh Assembly chaos as CM Bhagwant Mann hands Speaker "lock and key" to keep opposition inside during discussion.

The Hindu

No politics in granting funds for development works, says Siddaramaiah

Chief Minister Siddaramaiah emphasizes non-political development, allocating funds for various sectors, enhancing total outlay by ₹62,000 crores in latest Budget.

Evening Standard

Tourism tax: Hopes fade that Jeremy Hunt will axe it in Budget given limited room for tax cuts

As London business chiefs issue last minute appeals to the Chancellor to bring back VAT-free shopping for tourists

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