4 min read Last Updated : Jul 24 2024 | 12:09 PM IST Union Budget 2024-25 highlights: The Union Budget 2024 is balanced, with the new government focusing on long-term schemes and benefits across various sectors. The government has laid out a clear vision for “Viksit Bharat” by addressing key areas such as agricultural reforms, …
Budget 2024: In a shock to investors, Finance Minister Nirmala Sitharaman, in her presentation of the Union Budget for FY 2024-25, announced several key tax changes impacting capital gains and trading activities. FM announced that the long-term capital gains tax rate on all financial and non-financial assets will rise from 10% to 12.5%, with an …
Budget 2024: Following the Budget 2024 presentation on Tuesday, July 23, the Indian market closed slightly negative, marking a movement of less than one percent for the third consecutive budget day session. The day saw significant volatility as investors reacted to the budget announcements, particularly the changes in capital gains tax. The market was evidently …
Image Source: PTI Direct Tax collections for FY23 jump 11% YoY, reaching Rs 3.80 lakh cr: Finance Ministry According to the Finance Ministry, direct tax collection for the current fiscal year has increased by 11.18% to Rs 3.80 lakh crore as of June 17. As of June 17, the Advance Tax collections for the April-June …