Budget 2024: What the new proposals mean for your taxes and finances

Budget 2024: What the new proposals mean for your taxes and finances

Individual taxpayers eagerly awaited the Union Budget 2024, anticipating significant tax relief from the Modi 3.0 government. Many expected enhanced deductions or revised tax slabs that would lower overall tax rates. The Reserve Bank of India’s optimistic economic outlook and repeated affirmations of India as the fastest-growing major economy fuelled these expectations. Additionally, the government’s … Read more

How the Budget affects your salaries, investments and taxes

How the Budget affects your salaries, investments and taxes

This year’s union budget has introduced a slew of changes that have a bearing on our personal finances. The long-term capital gains tax for equities was modified for the first time after it was reintroduced in the 2018 budget. The government, however, did not announce a much-anticipated relaxation in the tax treatment of debt mutual … Read more