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The priorities include boosting job creation, advancing skilling, rural economy, a laser-sharp focus on fiscal consolation and remaining steadfast on capital expenditure-led growth with a promise to maintain strong fiscal support for infrastructure over the next 5 years
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Revised tax slabs in the new tax regime now benefit the middle class and pensioners, with a 5 per cent rate for incomes between Rs 3-7 lakh and 10 per cent for Rs 7-10 lakh, saving up to Rs 17,500 more
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The benchmark indices, Nifty and Sensex show a robust recovery despite more than 1 per cent fall during the budget speech
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Govt expects Rs 2.90 lakh crore in PSU dividends during current fiscal versus last year's 170 lakh crores. India's total budget size expanded to Rs 48 lakh crores (approximately $574 billion) from Rs 47 lakh crore. STT hike of 60% bad for market volumes
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The Union Budget 2024, with its focus on infrastructure, affordable housing, and job creation, has garnered positive responses from the real estate sector, with industry leaders expressing optimism about the potential for sustained growth and development
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Prior to the budget, the Department for Promotion of Industry and Internal Trade (DPIIT) had recommended the removal of the angel tax, following consultations with the startup community
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By eliminating the tax, the government acknowledges the significant contributions of the alternative assets and private capital industry, which play a pivotal role in fostering enterprise creation and innovation
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Finance minister Nirmala Sitharaman presents the union budget 2024 with record allocations for urban and rural development, industrial expansion and technological innovation
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Investors surely are disappointed but markets however will be fine soon. This is nothing new for the Indian markets having seen even 20 per cent LTCG tax two decades ago, says expert
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Companies providing the internships will cover the training costs and contribute 10 per cent of the training expenses from their Corporate Social Responsibility (CSR) funds
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