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
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: 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
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
Mumbai: Financial technology companies have a long list of demands and expectations from the upcoming Union Budget, such as investments in digital public infrastructure, GST exemption for business correspondent (BC) outlets, and a fee structure for UPI payments. “We strongly urge the finance minister to prioritise pivotal solutions such as enhancing digital infrastructure, financial literacy … Read more
As Union Finance Minister Nirmala Sitharaman is all set to table the Budget 2024-25 in the third week of July, India’s real estate sector hopes for a series of reforms and incentives that can drive growth and address longstanding challenges. Expectations range from increased rebates on home loan interest rates, GST rate reductions, single-window clearance … Read more
As the Union Finance Ministry is gearing up to present the full Union Budget for the fiscal year 2025 in July, several stakeholders have urged Finance Minister Nirmala Sitharaman to provide tax relief for salaried employees. The Union Budget 2024-25 is expected to be presented in Parliament on July 23 or 24. Budget expectations Salaried … Read more
Union Budget 2024: Industry leaders requested a host of considerations in the upcoming full Union Budget 2024 during their pre-Budget meeting with Finance Minister Nirmala Sitharaman on June 20. Expectations listed by India Inc. during the two-hour interaction include a reduction in the income tax burden for the common man, an increase in capital expenditure, … Read more
MUMBAI : With the Union Budget expected in the second half of July, mutual fund executives are hoping for measures in four key areas that can boost their sector and invigorate the economy. Debt taxation From 1 April 2023, debt mutual funds have not got the benefit of indexation on long-term capital gains. Such gains … Read more
With the dawn of Modi 3.0, all eyes are eagerly set on the upcoming Union Budget of 2024, slated for presentation in July. Anticipation runs high among industries, farmers, taxpayers, and the middle class alike, as they await potential boosts and tax reliefs from Finance Minister Nirmala Sitharaman. As the first budget of this new … Read more