Latest income tax slabs FY 2024-25: Finance Minister Nirmala Sitharaman has changed the income tax slabs effective FY 2024-25 under the new income tax regime as announced in Budget 2024. The standard deduction under the new income tax regime has also been hiked from the present Rs 50,000 to Rs 75,000. According to FM Nirmala…
NEW DELHI: Gold prices are expected to come down as the Centre reduced custom duties on gold and silver from 15% to 6% to increase domestic retail demand and reduce smuggling. Additionally, custom duty on platinum is reduced to 6.4%.“To enhance domestic value addition in gold and precious metal jewellery in the country, I propose…
NEW DELHI: Minutes after Union finance minister Nirmala Sitharaman presented Budget 2024 of Modi government 3.0, the opposition hit out at the BJP-led NDA government for only appeasing its allies N Chandrababu Naidu and Nitish Kumar.Congress leader Rahul Gandhi hit out at the Modi government calling the budget only to “appease allies” for “kursi bachao”…
NEW DELHI: In her seventh Union Budget presentation, Finance minister Nirmala Sitharaman announced a significant reduction in the defence budget, allocating Rs 4.54 lakh crore for FY25. This is a steep decrease from the Rs 6.21 lakh crore announced in the Interim Budget just five months earlier.Sitharaman began her address by highlighting the government’s continued…
RJ Alokita had an ordinary auto rickshaw ride in Mumbai that turned out to be quite extraordinary. She met a driver named Anna, who, besides driving an auto rickshaw, is also a successful real estate agent owning two flats in Mumbai.Anna’s friendly nature and popularity in his neighborhood from Chembur to Panvel caught RJ Alokita’s…
NEW DELHI: Finance minister Nirmala Sitharaman on Tuesday announced the Union Budget 2024. Taking a bottoms-up approach, the Budget focused on assuring affordable medicines especially for cancer patients along with reducing custom duty on precious metals like gold, silver to 6% and platinum to 6.5%.Meanwhile, telecom equipments and plastic goods are set to become expensive.Here’s…
Union Budget 2024: FM Nirmala Sitharaman's full speech text Source link
Representative image Budget 2024 proposes to cut the customs duty to 6% on Gold and Silver. Moreover, the finance minister has also proposed to reduce customs duty on platinum to 6.4%. Mahendra Luniya, chairman & founder of Vignaharta Gold said that in FY23, India’s gold imports totaled an estimated Rs 2.8 lakh crore and at…
India finished 48th in the Tokyo Olympics medals table with 1 gold, 2 silver and 4 bronze. The total tally of seven medals is India’s best show at the Olympics to date, and the hopes from Paris are to rise from being in the top 50 on the medals tally in Tokyo to maybe top…
NEW DELHI: Union finance minister Nirmala Sitharaman while presenting the 2024-25 budget on Tuesday announced Rs 15,000 crore for the development of Andhra Pradesh‘s Amaravati capital city project.The project was back on track after the return of Telugu Desam Party (TDP) an NDA ally in the Telugu state.The TDP and the JD(U) in Bihar, had…
