Tag: middle-class
taxpayers: Realty LTCG: Taxpayers get to choose regime
The Lok Sabha Wednesday passed the Finance Bill with amendments to long-term capital gains (LTCG) tax rules on property proposed in the budget. This allows…
Budget will spur job creation, boost investments in startups: Finance minister Nirmala Sitharaman
New Delhi: Finance minister Nirmala Sitharaman on Sunday said the budget proposals will spur job creation, encourage investments in startups, leave more money with the…
Nirmala Sitharaman on Budget 2024: ‘Want to give relief to middle class but…’
Finance minister Nirmala Sitharaman said that through the Union Budget 2024 the government aimed to provide relief to the middle class although there are limitations….
Focus is on creating jobs, giving a lift to small biz & middle class: Nirmala Sitharaman
Employment, skilling, small businesses and middle class are the primary focus of the budget, finance minister Nirmala Sitharaman said. In a post-budget media briefing, the…
Budget 2024 income tax expectations: Move all exemptions, deductions to new tax regime, say salaried taxpayers
At present, taxpayers must choose between the old income tax regime, which includes deductions and exemptions, and the concessional or new income tax regime, which…
Start 30% tax slab at Rs 30 lakh in Budget 2024 to give inflation-relief to middle class: Expert view
Currently taxpayers have to choose between the old income tax regime, with its deductions and exemptions and the concessional tax regime, which offers lower tax…
India tax: Budget 2024: Give the middle-class tax benefits & cut fuel excise, India Inc tells Finance Ministry
India’s industry lobby groups have asked officials of the Finance Ministry consider personal tax benefits for the country’s middle-class and a simplification in direct tax…