Budget 2024

Budget 2024: Without indexation, LTCG tax may surge by 290% for post-2010 housing assets, says BankBazaar report

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Budget 2024: Without indexation, LTCG tax may surge by 290% for post-2010 housing assets, says BankBazaar report

Budget impact: In the Union Budget 2024, the Centre has made noteworthy adjustment regarding the treatment of long-term capital gains (LTCG) in property transactions. Specifically, the indexation benefit has been eliminated, resulting in substantial modifications to the LTCG calculation.  Despite this change, it has been affirmed by the government that properties purchased or inherited prior to … Read more

NPS Vatsalya scheme: An early tool to save for your child’s retirement. How beneficial is that. Check details

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NPS Vatsalya scheme: An early tool to save for your child’s retirement. How beneficial is that. Check details

Budget NPS scheme: Finance Minister Nirmala Sitharaman unveiled the NPS Vatsalya scheme during the Budget 2024 address, an initiative focusing on cultivating long-term savings habits for minors.  This scheme, a specialised version of the National Pension System (NPS), that offers parents and guardians the opportunity to kickstart retirement savings for their underage dependents. By opening accounts … Read more

Income Tax changes: Rs 17,500 savings, tax exemption till Rs 7.75 lakh. Here’s what taxpayers would get under New Tax Regime

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Income Tax changes: Rs 17,500 savings, tax exemption till Rs 7.75 lakh. Here’s what taxpayers would get under New Tax Regime

Union Budget 2024: Finance Minister Nirmala Sitharaman on Tuesday brought in some relief for the taxpayers under the New Tax Regime. After increasing the Standard Deduction limit from Rs 50,000 to Rs 75,000, FM Sitharaman revised the tax slabs for the New Tax regime. She said salaried employee will now stand up to save Rs … Read more

Budget 2024: What measures were announced for women?

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Budget 2024: What measures were announced for women?

Image for representation | Photo Credit: BALACHANDAR L Finance Nirmala Sitharaman said that the Union Budget 2024-25 carried an allocation of more than Rs 3 lakh crore for schemes benefitting women and girls and promoting women-led development, during her presentation of the Budget in the Lok Sabha on July 23. This is Ms. Sitharaman’s record seventh time making … Read more

Budget needs to deliver for markets to move higher: Sandip Sabharwal

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Budget needs to deliver for markets to move higher: Sandip Sabharwal

“So, my view is that if the budget disappoints and I think the only way it can disappoint is if they do not give relaxation on personal taxation and those have to be significant,” says Sandip Sabharwal, asksandipsabharwal.com.What is the anticipation? I know no correction is anything to worry because if election outcome is anything … Read more

Budget 2024: Realty sector expects higher outlay for PMAY, home loan interest deduction limit raise

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Budget 2024: Realty sector expects higher outlay for PMAY, home loan interest deduction limit raise

A higher Budget outlay for Pradhan Mantri Awas Yojana (PMAY), re-introduction of 100% tax holidays on construction of affordable houses and increasing the interest deduction limit on home loans are some of the demands of the real estate industry from the government in this year’s budget. A slew of favourable announcements in this sector could … Read more

संसद के मानसून सत्र का आज से आगाज, इन मुद्दों पर हंगामे के आसार, पेश होंगे ये 6 बड़े बिल

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संसद के मानसून सत्र का आज से आगाज, इन मुद्दों पर हंगामे के आसार, पेश होंगे ये 6 बड़े बिल

वित्त मंत्री निर्मला सीतारमण मंगलवार को केंद्रीय बजट पेश करेंगी. इससे एक दिन पहले यानी कि सोमवार से संसद का मानसून सत्र शुरू हो जाएगा. इस दौरान विपक्ष नीट पेपर लीक, रेलवे सुरक्षा और कांवड़ यात्रा को लेकर यूपी सरकार के फैसले समेत कई मुद्दों पर एनडीए सरकार को घेरने की तैयारी में है. मानसून सत्र … Read more

Union Budget 2024: 48% households report decline in earnings & savings, hope FM to offer tax relief

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Union Budget 2024: 48% households report decline in earnings & savings, hope FM to offer tax relief

Ahead of the Budget 2024-25, almost 48% households across the country have said that they are increasingly facing a decline in earnings and savings. The households said that they have been facing rising costs related to food, school education, rent, transportation, cost of electricity, etc., the basic expenses incurred by a middle-class family. The big … Read more

‘Inflation under control’ is the best part of Indian economy at present, believe 34% of ET Budget survey respondents

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‘Inflation under control’ is the best part of Indian economy at present, believe 34% of ET Budget survey respondents

As Nirmala Sitharaman gears up to present the Budget, scheduled for July 23, let’s have a look at what the Budget Survey by ET Online said about the good, the bad, and the ugly of the Indian economy at the moment. The good, surprisingly, is that ‘inflation is under control’, the bad part is the … Read more