Budget 2024: With greater incentives rolled out, would it be beneficial for taxpayers to embrace new tax regime?

Budget 2024: With greater incentives rolled out, would it be beneficial for taxpayers to embrace new tax regime?

On July 23, 2024, Finance Minister Nirmala Sitharaman presented the Union Budget 2024-25 in the Parliament, announcing modifications to direct taxes. One notable highlight of the Union Budget 2024-25 is the 50% rise in the standard deduction, now up to ₹75,000. This is a beneficial move for salaried taxpayers, particularly those choosing the new tax … Read more

How you can blend investment styles with mutual funds

How you can blend investment styles with mutual funds

You often hear that it is essential to diversify mutual fund investments across asset classes and categories. However, it’s equally crucial to vary investment styles within a category. You can pick a fund following growth investing style and a value style that tend to do well during different cycles of the economy. Growth style typically … Read more

Expert view: Expect a superior earning growth trajectory in FY25; see IT as contra play, says Manoj Bahety of Carnelian

Expert view: Expect a superior earning growth trajectory in FY25; see IT as contra play, says Manoj Bahety of Carnelian

After a stellar FY24, what should be our expectations from the market for FY25? Are you positive about the market or do you expect a significant correction? While a large part of valuation rerating is done in FY24, we expect a superior earning growth trajectory driving market growth during FY25 and beyond.  We foresee a … Read more