Tag: Union Budget 2024
GST 2.0: Paving the way for India’s trade and economic growth
The Economic Survey 2023-24 highlights the crucial role of indirect taxes in India’s economic framework. In FY24, gross GST collections soared to Rs 20.18 trillion,…
Government may allow real estate indexation for transactions till July: Report
Aug 06, 2024 06:10 PM IST The government may allow real estate investors to continue using indexation for all transactions till July or give a…
Over 73 per cent of Agriculture Budget goes towards welfare measures, subsidies: ICRIER
Food and fertilizer subsidies account for more than 50 per cent of the Union Budget for the rural and agrarian sector in FY25, highlighted a…
Union Budget: Duty on chemicals up from 10% to 150%, research labs say ‘thoughtless action’
Jul 31, 2024 07:55 AM IST Union Budget: Funding agencies have already informed scientists that their budgets are fixed with no room to hike allocations….
LTCG Budget tax: Are LTCG tax rates in India too high? Here is a look at tax rates in other major economies
The landscape of capital gains taxation across different geographies/jurisdictions presents a complex tapestry of rates and regulations that reflect the economic policies and fiscal objectives…
Angel Tax scrapped: FM Sitharaman explains the rationale behind removing the decade-old tax
The Narendra Modi government’s decision to scrap angel tax in the Union Budget was taken to remove the hindrances that startups face in the country,…
Taxes not hiked because government wants more money, says Nirmala Sitharaman
Jul 26, 2024 11:36 AM IST Nirmala Sitharaman said nothing is done with the purpose that government wants more money. Finance minister Nirmala Sitharaman said…
union budget 2024: First draft of new simplified I-T law to be prepared by tax dept panel: Revenue Secretary Sanjay Malhotra
The first draft of a new simplified income tax law, as proposed in the Budget, will be prepared by an internal committee of the tax…
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….
Budget 2024: These are the winners and losers of ‘vulnerable’ stock market
Domestic brokerage firm Emkay Global called the Union Budget 2024 ‘solid’ highlighting policy continuity. Fiscal consolidation path was maintained and the focus on capital expenditure…