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Budget 2024: Defence Ministry to use RM7bil of allocation for development

PETALING JAYA: More than one third or RM7bil of the RM19.7bil allocation for the Defence Ministry under Budget 2024 will be used for development purposes. ....

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Infrastructure, healthcare get biggest boost in Union Budget 2021: Key takeaways

Infrastructure, healthcare get biggest boost in Union Budget 2021: Key takeaways
Two of the biggest winners in budget were healthcare and infrastructure as both got one of the biggest allocations in percentage terms.
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Finance Minister Nirmala Sitharaman poses for camera before presenting the Union Budget 2021. (Photo: PTI)
The
Two of the biggest winners in budget were
healthcare and infrastructure as both got one of the biggest allocations in percentage terms. The allocation for the defence sector was also comparatively higher in the wake of the India-China conflict.
A host of announcements were also made on the government’s disinvestment strategy for the upcoming fiscal year starting April 1, 2021. It is also worth mentioning that no major tax changes were announced in the budget. ....

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