Tag: Budget 2024
Budget 2024 can hike savings account interest deduction to Rs 50,000 from Rs 10,000
The upcoming interim Union Budget on February 1, 2024, would be a vote-on-account before the 2024 general elections. While the finance minister may not make…
Income tax relief: Medical cost doubles in 5 years, will Budget 2024 increase Section 80D limit for health insurance?
Budget 2024: Section 80D of the Income-tax Act, 1961 allows you to claim tax deductions for paying premiums for health insurance policies and select health-related…
Interim Budget 2024 could simplify ITR filing process for NRIs
The government has taken various measures in the recent past to simplify income tax return (ITR) filing processes, however, there is still scope to do…
Allow NPS investment tax break of Rs 50,000 in new tax regime in interim budget 2024: Experts
The government wants to encourage people to move to the new tax regime which combines lower tax rates with a very limited number of exemptions….
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…
Budget 2024 could unify equity, debt long term capital gain tax, holding period
It is less than one month to go for the government to present the interim budget 2024 before the Lok Sabha elections later this year….
Union budget 2023: When and where to watch Nirmala Sitharaman’s speech live
Finance minister Nirmala Sitharaman will Wednesday present the Union budget 2023, her fifth so far. This will be the Narendra Modi-led government’s last full budget…
Economic survey 2023 to be tabled today: All you need to know about it
A day before of the Union Budget, the government is set to table the economic survey 2023 on Tuesday at 11am. Union finance minister Nirmala…