Tag: budget 2024 expectations
Union Budget 2024 can draw a roadmap to spark India’s electric vehicle revolution
The upcoming Union Budget 2024 is likely to draw the roadmap to accelerate India’s electric vehicle ambitions, with the Narendra Modi government targetting 30 per…
Budget 2024 should allow professionals to switch between new and old tax regimes annually like individual taxpayers: Expert view
To boost small and medium businesses in India, the government should consider rationalising certain income-tax provisions for MSMEs and professionals in Budget 2024. Budget 2024…
Standard deduction to HRA exemption: Expectations for salaried & professional taxpayers | Budget 3.O – The Economic Times Video
The upcoming budget 2024 is expected to address salary taxation to benefit salaried individuals and boost the economy. Taxpayers hope Finance Minister Nirmala Sitharaman will…
Relief for stock market investors? Why double taxation of dividends should be removed in Budget 2024
After the abolition of dividend distribution tax (DDT) with effect from financial year (FY) 2020-21, dividends have been taxed in the hands of resident individual…
What homeowners want from Budget 2024: Higher exemption limit, shorter period for CGAS holding, bond lock-in and more
Housing and infrastructure development is one of the core priorities for the country to achieve the vision of being a developed nation (Viksit Bharat) by…
More tax savings from NPS in Budget 2024? Expect employer’s share to rise to 12%, additional Rs 50,000 NPS deduction in new tax regime
With the current government coming into power for the third consecutive term, the expectations of the individual taxpayers are high from the upcoming full-fledged Union…
6 things salaried taxpayers want from Budget 2024: Hike in standard deduction, HRA exemption, work from home benefits and more
As we approach the full budget of 2024 after the general elections, it presents the government with an excellent opportunity to refine the provisions of…
Capital gain taxation in Budget 2024: Income tax rate parity, uniform holding period for long-term gain; what taxpayers want
The gains arising from transfer of capital assets is taxed under the head of income ‘capital gains’. The present provisions in relation to determination of…
Budget 2024 expectations: 15 expectations of individual taxpayers this Budget
Finance Minister Nirmala Sitharaman is scheduled to announce the Interim Budget 2024 on February 1, 2024. Different sectors in India have put forth their needs…
Income Tax in Budget 2024: Will standard deduction limit be hiked from Rs 50,000 to help salaried taxpayers?
Standard deduction is one of the most widely used deductions as salaried taxpayers can claim it without making any investments. There has been a longstanding…