Budget Proposals
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Relief For Homeowners As Centre Modifies Long Term Capital Gains Tax
The government on Tuesday proposed a relief to taxpayers with respect to capital gain tax on real estate properties by giving them the option to choose between 20 per cent and 12.5 per cent tax rates.
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Do You Need Tax Clearance Certificate For Going Abroad? Centre Clarifies
After social media outrage over making it mandatory to get tax clearance certificates for going abroad, the government has clarified that the proposed amendment is not for all, and only those accused of financial irregularities.
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Sensex, Nifty Open Lower Day After Budget Announcements
Stock market benchmarks indices Sensex and Nifty declined in early trade on Wednesday, extending their Budget day fall, after the government proposed to hike securities transaction tax on futures & options.
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SBI Chairman Hails Budget For "Very Inclusive" Approach
SBI chairman Dinesh Kumar Khara on Tuesday lauded the budget for its inclusive approach and exuded confidence that the proposals will boost sagging consumption growth.
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Budget 2024: Government Proposes To Remove Indexation Benefit On Sale Of Old Property
The government on Tuesday proposed reducing the long-term capital gains (LTCG) tax on immovable properties to 12.5 per cent from 20 per cent, but removed the indexation benefits to adjust for inflation, a move experts termed as "negative" for sellers
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Budget 2024: Centre To Remove Customs Duty On 3 Life-Saving Cancer Medicines
Union Finance Minister Nirmala Sitharaman proposed to completely slash the custom duties on three cancer medicines. Centre has proposed to cut the custom duties on Trastuzumab Deruxtecan, Osimertinib and Durvalumab from 10 per cent to zero.
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Rupee Slips To Record Low After Government Raises Tax On Capital Gains
The Indian rupee, teetering at an all-time low, slipped further against the US dollar on Tuesday, pressured by the drop in local equities after the government in the Budget proposed raising the tax rate on capital gains.
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Nirmala Sitharaman Announces Cut In Customs Duty On Gold, Silver To 6%
Union Budget 2024: Finance Minister Nirmala Sitharaman on Tuesday proposed a reduction in basic customs duty on gold and silver to 6 per cent and platinum to 6.4 per cent.
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Budget Proposes Interest Subsidy Scheme To Boost Urban Housing Loans
The announcements were made by Finance Minister Nirmala Sitharaman in the Union Budget 2024-25.
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"Budget 2024 Based On PM Modi's Mantra Sabka Saath Sabka Vikas": Pankaj Chaudhary
Budget 2024: This budget, marking Sitharaman's seventh consecutive presentation and surpassing Morarji Desai's record, will include proposed changes in income tax and measures to enhance business ease.
-
FICCI Lists Pro-Blockchain Suggestions Ahead of Upcoming Union Budget: Details
India’s non-government trade and commerce body FICCI has extended a proposal to create a blockchain portal that will unify all trading operations across India, while adhering to legal compliances. The trade body noted that increasing cross-border paperless trade activities and implementation of electronic exchange of documents is the need of the ...
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Rajasthan Budget Proposes 4 Lakh Jobs In 5 Years, VAT Cut On Cooking Gas
Rajasthan Deputy Chief Minister and Finance Minister Diya Kumari, presenting the state budget in the Assembly on Wednesday, made a series of announcements, including four lakh recruitments in five years.
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New Tax Rules To Come Into Effect From April 1. All You Need To Know
Income Tax Rule: April 1 marks the beginning of a new financial year and it is always significant from a personal finance point of view as most of the Budget proposals on income tax take into effect from this day.
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IIT's Third Overseas Campus Likely To Come Up In Sri Lanka
IIT Campus In Sri Lanka: The proposal was made in November last year during the presentation of the 2024 Budget by Sri Lankan President Ranil Wickremesinghe, who concurrently holds the position of finance minister.
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Reliance Jio Plans to Bring ‘Cloud’ Laptop Soon, to Be Priced Around Rs. 15,000: Report
Telecom giant Reliance Jio has been hard at work on its hardware offerings, launching phones and laptops in the budget segment. The company introduced its second laptop, the JioBook (2023), earlier this year in July at an aggressive price of Rs. 16,499. Jio now seems intent on expanding its PC lineup, with a new report claiming the company plans to...
-
Relief For Homeowners As Centre Modifies Long Term Capital Gains Tax
The government on Tuesday proposed a relief to taxpayers with respect to capital gain tax on real estate properties by giving them the option to choose between 20 per cent and 12.5 per cent tax rates.
-
Do You Need Tax Clearance Certificate For Going Abroad? Centre Clarifies
After social media outrage over making it mandatory to get tax clearance certificates for going abroad, the government has clarified that the proposed amendment is not for all, and only those accused of financial irregularities.
-
Sensex, Nifty Open Lower Day After Budget Announcements
Stock market benchmarks indices Sensex and Nifty declined in early trade on Wednesday, extending their Budget day fall, after the government proposed to hike securities transaction tax on futures & options.
-
SBI Chairman Hails Budget For "Very Inclusive" Approach
SBI chairman Dinesh Kumar Khara on Tuesday lauded the budget for its inclusive approach and exuded confidence that the proposals will boost sagging consumption growth.
-
Budget 2024: Government Proposes To Remove Indexation Benefit On Sale Of Old Property
The government on Tuesday proposed reducing the long-term capital gains (LTCG) tax on immovable properties to 12.5 per cent from 20 per cent, but removed the indexation benefits to adjust for inflation, a move experts termed as "negative" for sellers
-
Budget 2024: Centre To Remove Customs Duty On 3 Life-Saving Cancer Medicines
Union Finance Minister Nirmala Sitharaman proposed to completely slash the custom duties on three cancer medicines. Centre has proposed to cut the custom duties on Trastuzumab Deruxtecan, Osimertinib and Durvalumab from 10 per cent to zero.
-
Rupee Slips To Record Low After Government Raises Tax On Capital Gains
The Indian rupee, teetering at an all-time low, slipped further against the US dollar on Tuesday, pressured by the drop in local equities after the government in the Budget proposed raising the tax rate on capital gains.
-
Nirmala Sitharaman Announces Cut In Customs Duty On Gold, Silver To 6%
Union Budget 2024: Finance Minister Nirmala Sitharaman on Tuesday proposed a reduction in basic customs duty on gold and silver to 6 per cent and platinum to 6.4 per cent.
-
Budget Proposes Interest Subsidy Scheme To Boost Urban Housing Loans
The announcements were made by Finance Minister Nirmala Sitharaman in the Union Budget 2024-25.
-
"Budget 2024 Based On PM Modi's Mantra Sabka Saath Sabka Vikas": Pankaj Chaudhary
Budget 2024: This budget, marking Sitharaman's seventh consecutive presentation and surpassing Morarji Desai's record, will include proposed changes in income tax and measures to enhance business ease.
-
FICCI Lists Pro-Blockchain Suggestions Ahead of Upcoming Union Budget: Details
India’s non-government trade and commerce body FICCI has extended a proposal to create a blockchain portal that will unify all trading operations across India, while adhering to legal compliances. The trade body noted that increasing cross-border paperless trade activities and implementation of electronic exchange of documents is the need of the ...
-
Rajasthan Budget Proposes 4 Lakh Jobs In 5 Years, VAT Cut On Cooking Gas
Rajasthan Deputy Chief Minister and Finance Minister Diya Kumari, presenting the state budget in the Assembly on Wednesday, made a series of announcements, including four lakh recruitments in five years.
-
New Tax Rules To Come Into Effect From April 1. All You Need To Know
Income Tax Rule: April 1 marks the beginning of a new financial year and it is always significant from a personal finance point of view as most of the Budget proposals on income tax take into effect from this day.
-
IIT's Third Overseas Campus Likely To Come Up In Sri Lanka
IIT Campus In Sri Lanka: The proposal was made in November last year during the presentation of the 2024 Budget by Sri Lankan President Ranil Wickremesinghe, who concurrently holds the position of finance minister.
-
Reliance Jio Plans to Bring ‘Cloud’ Laptop Soon, to Be Priced Around Rs. 15,000: Report
Telecom giant Reliance Jio has been hard at work on its hardware offerings, launching phones and laptops in the budget segment. The company introduced its second laptop, the JioBook (2023), earlier this year in July at an aggressive price of Rs. 16,499. Jio now seems intent on expanding its PC lineup, with a new report claiming the company plans to...
