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New Delhi: The Budget 2024 announcement has put the limelight on a fresh debate on whether removing indexation is going to have significant implications for property owners. Sunil Tyagi, Maging Partner, Zeus Laws, in a candid conversation with Reema Sharma of Zee News has shared a detailed calculation on both the scenario when a house is bought…
The fourth and final version of the automatic train protection system Kavach is ready and necessary approvals from the Research Design and Standards Organisation (RDSO) have also been received, union railway minister Ashwini Vaishnaw said on Wednesday. Speaking to the media about Budget 2024-25 a day after it was presented by finance minister Nirmala Sitharaman, Vaishnaw…
New Delhi: Finance Minister Nirmala Sitharaman has announced changes to the Tax Deducted at Source (TDS) framework which will affect salaried individuals. The changes will affect disposable income and make tax processes smoother. The Finance Minister explained that the Finance Bill aims to simplify the tax system for charities, adjust TDS rates, improve reassessment and…
New Delhi: Indian markets closed on a decline on Thursday, a day after the government proposed an increase in capital gains tax and a hike in the Securities Transaction Tax for F&O transactions in the Union Budget. The Nifty 50 index closed with a decline of 65 points at 24,413.50, while the BSE Sensex declined…
New Delhi: Finance Minister Nirmala Sitharaman, presenting the Budget 2024 in Parliament made two significant announcements for the employed people to make for those opting for the New Tax Regime. First, the standard deduction for salaried employees is proposed to be increased from Rs 50,000 to Rs 75,000. Similarly, deduction on family pension for pensioners…
INDIA bloc leaders staged protests in and outside Parliament today against what they describe as “discrimination” against opposition-ruled states in the recently unveiled Union Budget. Both the Rajya Sabha and the Lok Sabha began on a stormy note after Opposition MPs protested against the Budget. Finance Minister Nirmala Sitharaman, speaking in Rajya Sabha, said “can’t…
INDIA bloc parties will stage protests in and outside Parliament today against what they describe as “discrimination” against opposition-ruled states in the recently unveiled Union Budget. Source link [ad_3]
Breaking News: PM Modi meets top BJP leaders like Amit Shah, JP Nadda, Kiren Rijiju and more in the Parliament. Source link [ad_3]
New Delhi: Finance Minister Nirmala Sitharaman presented the first budget of Modi 3.0 and middle-class taxpayers were expecting some tax cuts. Their expectations were genuine because the government got bumper non-tax revenue in the form of dividends from RBI and GST collections are also rising. The central government is no longer under any obligation to…
Finance Minister Nirmala Sitharaman presented her 7th budget in which she announced some changes in the new tax slabs while the old remain untouched. FM Sitharaman also proposed a long-term capital gain tax rate of 12.5% on all financial and non-financial assets including properties. Listed financial assets held for more than a year will be…