Tag: Budget 2024
Capital gains tax rationalisation was industry’s demand, says Revenue Secy
Revenue secretary Sanjay Malhotra Friday defended the government’s decision to rationalise the capital gains tax regime saying that the industry itself had demanded rationalisation of…
1% TDS on property purchase over Rs 50 lakh even in case of multiple buyers or sellers
(This story originally appeared in on Jul 26, 2024) Mumbai: In case of purchase of immovable property (other than agricultural land) from a resident seller,…
FY25 Budget confirms new govt’s commitment to reducing fiscal deficit: Fitch
Fitch Ratings on Friday said India’s post-election budget confirms that the new administration remains committed to reducing the fiscal deficit for FY25 and FY26, despite…
How Sitharaman thinks a reallocation of land where farmers grow their vegetables will ease price pain?
As Indians looks for relief from ongoing pinch in their pockets, Finance Minister Nirmala Sitharaman after presenting the first Union Budget of Prime Minister Narendra…
Will suggest correction of duty inversion in some electronics and leather goods: Rajesh Kumar Singh, DPIIT
The Department for Promotion of Industrial Policy and Internal Trade (DPIIT) will suggest the finance ministry to correct duty inversion in some electronics and leather…
View: Budget 2024 ticks all the boxes, will push Viksit Bharat goal
The budget 2024, with its focus on 9 key priorities, aims to propel India’s economic potential to new heights. A good budget addresses immediate socio-economic…
Jobs will still be there, but…: What FM Sitharaman has to say on labour intensive sectors on AI hitlist
Budget 2024: The full Union Budget presented by Finance Minister Nirmala Sitharaman on July 23 proposed a host of measures to combat the persistent issue…
Capital gains tax rejig: Finance Minister explains Modi 3.0 govt’s rationale
Budget 2024: After new capital gains tax structure were proposed in the first Union Budget of the Prime Minister Narendra Modi-led government’s third term, Finance…
income tax act: I-T breather to help loss-making firms conserve working capital
A key amendment to the Income Tax Act proposed in the budget could help loss-making companies with high cash burn, including startups, conserve working capital,…
Foreign investors may get a taste of ease of doing business
India could take steps to create a simpler regime for overseas investment by diluting the rigid distinction between foreign portfolio investment (FPI) and foreign direct…