Parents can save for their minor kids and the plan can be converted into a full-fledged NPS account in future
Union Budget 2024: Congress leader Jairam Ramesh said the Finance Minister has taken a leaf out of the INC's Nyay Patra 2024, with its internship programme. Here's how the Opposition reacted
Budget 2024: While some of the announcements were on expected lines, many have led to a surprise among investors
Industry welcomes proposal to expand space economy five-fold in 10 years through private sector participation
Union Budget 2024: Finance Minister Nirmala Sitharaman has allocated Rs 1.48 trillion for education, employment, and skilling initiatives
Union Budget 2024-25 news: FM Nirmala Sitharaman hiked hiked LTCG tax to 12.5 per cent from 10 per cent on all financial and non-financial assets
In the worst-case scenario, the Sensex can slide to 75,800 levels, which is the 50 per cent retracement level from the June 4 Lok Sabha election outcome-day low, said Ajit Mishra of Religare Broking.
Budget 2024: More than two-thirds of taxpayers adopted the new income tax regime in FY24, according to FM Sitharaman
In essence, holding an investment for a longer period now attracts a higher tax, while short-term gains continue to be taxed at a higher rate of 20%.
Union Budget 2024-25: Indian space economy is expected to grow to $44 billion by 2033
Union Budget 2024-25 news: There has been some comfort provided to individuals who opt for the new income tax scheme as there is some rationalisation across the slabs
The investors in early-stage startups are often referred to as angel investors, hence the name 'angel tax'
Andhra Pradesh Minister Nara Lokesh on Tuesday welcomed the Central government's budgetary proposals providing support to Amaravati and Polavaram Irrigation project. "Thanks to the Central government which announced that it will provide full support for the completion of the projects of Amaravati, the capital of Andhra Pradesh, and Polavaram project, the lifeline of AP. "On behalf of the people of the state, we express our gratitude to the NDA government for committing to the reconstruction of Andhra Pradesh by allocating Rs 15,000 crore in the budget," he said. Presenting the Budget for 2024-25 in the Lok Sabha, Union Finance Minister Nirmala Sitharaman on Tuesday said the Central government will provide Rs 15,000 crore financial assistance for Andhra Pradesh for the purpose of the development of Amaravati. She further said the NDA government at the Centre is fully committed to financing and early completion of Polavaram Irrigation project, which is considered as a lifeline for ..
Union Budget 2024: Nirmala Sitharaman on Tuesday announced that the standard deduction limit under the new tax regime has been revised to Rs 75,000 from the existing Rs 50,000
Union Budget 2024: The announcement made by Nirmala Sitharaman was a part of the package aimed at boosting employment and enhancing India's skilling capacity
The removal of this tax will likely encourage more investments in early-stage startups and increase the growth of innovation.
This is 20 basis points lower than 5.1 per cent announced in the interim budget
These schemes will be based on enrolment in the EPFO, focusing on recognizing first-time employees
The government has doubled spending on infrastructure over the past three years as a way to boost the economy
Finance Minister Nirmala Sitharaman announced an allocation of Rs 15,000 crore for Andhra Pradesh. She said the Centre will set up airports, medical colleges, and sports infrastructure in Bihar