Budget 2024: Under the Indian taxation laws, the standard deduction is a provision for the salaried employees and taxpayers receiving a pension
However, this path may not be as easy for the government to tread
The upcoming government budget will likely boost consumer spending and infrastructure building, which bode well for businesses, strategists and investors surveyed by Bloomberg said
Budget 2024: For the Provident Fund, the current limit of Rs 15,000 came into effect after the wage ceiling for coverage was revised almost a decade ago in September 2014
The angel tax is on the amount received by a company above the fair market value as income
In his meeting with Nitin Gadkari, Naidu sought support for construction of the Outer Ring Road project in Amaravati, widening of the Hyderabad-Vijayawada highway and support for other road projects
Union Budget 2024: Securing supply chain stability and embracing new technologies are essential for the sector's long-term sustainability and efficiency
Government's equity dilution in state-owned lenders will be one issue financial market observers will monitor
The Budget session of Parliament is slated to take place from July 22 to August 12
Budget 2024: The Union Budget for the financial year 2024-25 is scheduled to be presented in the Lok Sabha on July 23
Kachru said HAI's key policy recommendation for the budget is that the Centre accord the status of infrastructure to hotels
"Expanding the list of life-saving drugs eligible for GST/import duty exemptions, including all oncology medications, will further improve patient affordability," Matai said
It will be interesting to see the path the FM opts for in the Budget and how she strikes a balance between the govt's political compulsions and economy's medium-term needs
Several BJP-backed state govts, over the past month, have unveiled a number of schemes targeting the poor, women, farmers, and students, following setback in the Lok Sabha polls
The Finance Ministry in a statement said the pre-budget consultations for Union Budget 2024-25 that started from June 19 onward concluded on July 5
The government, Goldman Sachs believes, is likely to stick to the announced fiscal deficit target of 5.1 per cent of gross domestic product (GDP) for FY25
The SBI report said that this fund is expected to boost fresh agriculture credit multiple times
Union Budget 2024: Finance Minister Nirmala Sitharaman will present the Budget in the Lok Sabha on July 23; the Budget session of Parliament to take place from July 22 to August 12
Finance Minister Nirmala Sitharaman is scheduled to present the full Budget for fiscal 2024-25 on July 23 which will be the first major policy document of the new government
EEPC India Chairman Arun Kumar Garodia emphasised the scheme's importance, especially with rising interest rates