Budget 2024: The government may also lower income tax rates for individuals earning annual incomes of ₹10 lakh.
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Corporate leaders emphasize capital expenditure, fiscal consolidation, and boosting consumption in a meeting with Finance Minister Nirmala Sitharaman. Assocham proposes raising the basic income tax exemption limit, doubling standard deduction, and supporting climate-resilient initiatives. Ficci highlights the need for tax regime simplification and support for MSMEs and agriculture sector, aligning with pre-budget discussions on sustaining economic growth.
Budget 2024: The government may also lower income tax rates for individuals earning annual incomes of ₹10 lakh.
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...
The finance ministry is exploring raising the standard deduction for income taxpayers. The NDA govt is cautious about changing the capital gains...
Union Budget 2024: Assocham recommends prioritizing structural reforms in the Union Budget 2024-25, so that the government can lay the foundation for...
Trade union leaders demand constitution of 8th pay commission and restoration of old pension scheme during pre-Budget meeting with FM Nirmala...
Sitharaman also announced that the GST Council recommended extending the time limit to furnish details and the returns in form GSTR 4 from April 30 to...
Budget 2024 Live updates: Nirmala Sitharaman is likely to hold pre-budget consultations with industry chambers on June 20.
With this, Nirmala Sitharaman will become the first finance minister to present seven consecutive Union Budgets
The GST Council meeting, chaired by union finance minister Nirmala Sitharaman, will address immediate business needs, clarify issues like extra...
The PHDCCI delegation has presented the pre Budget memorandum to Finance Minister Nirmala Sitharaman.