Budget 2024: Key income tax proposals, incentives for businesses, and economic indicators to watch out for

Budget 2024: Key income tax proposals, incentives for businesses, and economic indicators to watch out for

Finance Minister Nirmala Sitharaman will unveil the Union Budget for the financial year 2024-25 at 11 a.m. on Tuesday. This critical document will outline the government’s revenue and expenditure plans, influencing economic growth and stability across the nation. Understanding the budget’s implications for individuals and businesses alike is essential for informed financial decision-making. Also Read … Read more

Economic Survey and Union Budget 2024 — What is the importance, differences & more explained

Economic Survey and Union Budget 2024 — What is the importance, differences & more explained

Economic Survey and Union Budget 2024: Finance Minister Nirmala Sitharaman is set to announce the government’s Union Budget 2024 next week, on July 23. This is her sixth full Budget and comes after the NDA coalition won majority in the 2024 Lok Sabha Elections which concluded in June. Final stages of preparation for the Budget … Read more

Budget 2024: What common man expects on personal income tax front

Budget 2024: What common man expects on personal income tax front

Budget 2024 is all set to be announced on 23rd July, 2024. India is looking for a crucial roadmap for “Viksit Bharat” by 2047 and provide short and long-term plans for the next 5 years under the government’s 3.0 administration. Having said that, let us see what the common man expects from the Budget 2024. … Read more

Economic Survey 2024: Mini survey in January listed THESE four challenges for the Indian economy. Read here

Economic Survey 2024: Mini survey in January listed THESE four challenges for the Indian economy. Read here

Economic Survey 2024: The Indian economy has seen significant growth through reforms in recent years, but it faces several challenges. Four of these were listed by Chief Economic Advisor V Ananta Nageshwaran and his team in their “mini Economic Survey” ahead of the Interim Budget in January 2024. These could be addressed in the upcoming … Read more

Budget 2024: Will your tax slabs change? Expert reveals potential changes to income tax slabs under new regime

Budget 2024: Will your tax slabs change? Expert reveals potential changes to income tax slabs under new regime

Union Finance Minister Nirmala Sitharaman will present Budget 2024 in the Lok Sabha on Tuesday, July 23. The interim budget, presented on February 1, catered to financial requirements until a new government was formed after the Lok Sabha polls in 2024. Following that, the new government was expected to present a comprehensive budget in July. … Read more

Surcharge rates under both tax regimes should be brought at par in Budget 2024, says Deepashree Shetty of BDO India

Surcharge rates under both tax regimes should be brought at par in Budget 2024, says Deepashree Shetty of BDO India

In Budget 2024-25, Finance Minister Nirmala Sitharaman is likely to raise the basic exemption limit under the old tax regime after a hiatus of 10 years, says Deepashree Shetty, Partner, Global Employer Services, Tax & Regulatory Services, BDO India, in an interview with MintGenie. Other changes in Budget 2024 that come in her ‘should happen’ category include rationalisation … Read more

Budget 2024 Expectations Live: What do the middle class and corporates expect? We take a look…

Budget 2024 Expectations Live: What do the middle class and corporates expect? We take a look…

Budget 2024 Expectations Live: With the new government’s full Union Budget 2024 set to be announced on July 23, expectation are soaring. The focus remains on potential tax reforms that could impact individuals and businesses. Key anticipated changes include an increase in the basic exemption limit. There is also speculation about raising the standard deduction … Read more

Expert View | Limit of non-taxable income could be raised in Budget 2024, says Hemant Shah of Seven Islands PMS

Expert View | Limit of non-taxable income could be raised in Budget 2024, says Hemant Shah of Seven Islands PMS

While sharing his views about expectations from Budget 2024, Hemant Shah, fund manager, Seven Islands PMS, in an email interview with MintGenie, says that the government is likely to put a lot of emphasis on infrastructure development with respect to roads, dams and water. He also hopes that the government could to raise the limit … Read more

Environmental, Social, and Governance: Key expectations from the Union Budget 2024-25

Environmental, Social, and Governance: Key expectations from the Union Budget 2024-25

As the Hon’ble Finance Minister Nirmala Sitharaman prepares to present the comprehensive union budget for 2024-25 on July 23, 2024, various sectors are abuzz with expectations for significant policy changes and financial allocations. Environment, Social and Governance (ESG) is not only vital to enable sustainability and resilience for the fast growing economy of India, but … Read more

Budget 2024: DSP’s Anil Ghelani says banking and IT sectors may get boost from FM Sithraman’s announcements. Here is why

Budget 2024: DSP’s Anil Ghelani says banking and IT sectors may get boost from FM Sithraman’s announcements. Here is why

Union Budget 2024: Finance Minister Nirmala Sitharaman will present the Union Budget 2024 in Parliament on July 23. The full-year Budget will follow an Interim Budget presented in February due to general elections. Anil Ghelani, Head of Passive Investments and Products at DSP Mutual Fund, believes that the government will focus on executing projects rather … Read more