Income Tax Expectations Budget 2024: Currently the basic exemption limit under the new income tax regime is Rs 3 lakh. Standard deduction of Rs 50,000...
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The finance ministry is exploring raising the standard deduction for income taxpayers. The NDA govt is cautious about changing the capital gains mechanism. Discussions for the Budget are underway with finance minister Nirmala Sitharaman. The overall mood indicates that most wings of govt are in favour of offering concessions to taxpayers, especially the middle class.
Income Tax Expectations Budget 2024: Currently the basic exemption limit under the new income tax regime is Rs 3 lakh. Standard deduction of Rs 50,000...
Though there has not been any official announcement on Budget dates, expectations are high that Finance Minister Nirmala Sitharaman will present the...
Most parts of the government seem to favour concessions, especially for the middle class, which supports the Modi regime, but now questions the...
With this, Nirmala Sitharaman will become the first finance minister to present seven consecutive Union Budgets
Finance minister Nirmala Sitharaman reassured taxpayers of easing their lives under CGST. She addressed concerns over opposition attacks on GST,...
Efforts are ongoing to enhance compliance and streamline the faceless income tax assessment system, addressing challenges such as adverse orders due...
The statement came after Bose met the Union finance minister Nirmala Sitharaman on Saturday in Delhi
NDA allies now included in cabinet committees since Oct 2020. JD(U), TDP, LJP ministers in key roles. RLD, Shiv Sena included. Amit Shah, Nirmala...
Budget 2024 Live updates: Nirmala Sitharaman is likely to table the Union Budget 2024-25 in the third week of July.
Haryana finance minister Jai Prakash Dalal, who was in Delhi to attend a pre-budget meeting held under the chairmanship of Union finance minister...