A reduction in the basic customs duty of gold to 6 per cent (from 15 per cent) will reduce smuggling, said Union minister Piyush Goyal
Simpler TDS structure and tax regime for charities. Changes to reassessment and search provisions and capital gains taxations
Rupee falls to new low due to weakening stocks
On the personal income tax front, the Budget brought in some modest tweaks, which should support sentiment and consumption for salaried individuals
Finance Minister Nirmala Sitharaman presented the Union Budget for 2024-25
Exemption from BCD on import of certain minerals to be used in strategic sectors such as telecommunication, space, high-tech electronics, etc
Internship opportunities, easy skilling loans, new centrally sponsored scheme, ITI upgradation announced
The 2024 budget highlights ongoing efforts in nine strategic areas aimed at generating abundant opportunities for everyone
Tikait expressed concern over providing funds for the private sector in agri-research in the name of climate change, letting foreign lobby groups and big corporations push their agenda
The govt will continue to drive investments with focus on capex spending
Only those employers that hire 50 non-EPFO-enrolled workers, or 25 per cent of its previous year's EPFO employees, will be eligible
Nine priorities expedite journey towards goal of 'Viksit Bharat', said finance minister
The divestment target has been set at Rs 50,000 crore, similar to previous years
The gross borrowing target is lower relative to gross domestic product as well as in absolute terms. This has meant that deficits remain under control
Over two-thirds individual taxpayers opted for new structure in FY24
The Tamil Nadu government and the opposition AIADMK slammed the Union Budget on Tuesday allegedly for ignoring the state and for favouring the BJP allies ruled states. The Centre has consistently chosen to ignore the demands raised by Chief Minister M K Stalin on a numerous issues and also the requests that he had placed before the Union government, state Finance Minister Thangam Thennarasu said. "It is true that Tamil Nadu has been betrayed. Though the Centre has been lavish in allocating funds to several states, it has not accepted the demands of our Chief Minister," Thennarasu told reporters here. Responding to a question on the Union Budget presented by Finance Minister Nirmala Sitharaman in the Parliament earlier in the day, he said, the Centre has not accepted the demands that he had conveyed on behalf of the Tamil Nadu government. Opposition AIADMK termed the Budget as "a big disappointment" in all aspects and claimed that it was prepared "only to satisfy" the BJP allies' ru
Union Budget 2024-25: Emphasis on employment, skilling, and MSMEs, but no tax relief for the middle class
Union Budget 2024: PM Modi made the remarks about the Budget hours after Finance Minister Nirmala Sitharaman made her presentation in the Lok Sabha
ITC gained 3.8 per cent as there were no changes in the taxes related to tobacco products
What Budget 2024, presented by Modi govt 3.0, actually mean for the middle class, students, and more