Govt rolls back LTCG taxes: Big relief for property owners
New Delhi: In a significant relief for property owners, the central government has proposed an amendment to the long-term capital gains (LTCG) taxes for properties purchased before July 23, 2024, media reports said.
Govt likely to raise STCG tax above 20% in future, says official
New Delhi/IBNS: The government is likely to consider further raising the short-term capital gain (STCG) tax rates in the coming years, Moneycontrol reported quoting a senior government official.
A Boost for Angel Investors, Start-ups, and Real Estate says Laxman Jaiswal on the Union Budget 2024
Eastern India’s leading Infra and e-commerce start up founder, Laxman Jaiswal said in a statement that the Union Budget of India for the fiscal year 2024 has been widely anticipated for its potential impact on various sectors, including angel investors, start-ups, and real estate.
Gold, silver prices plummet by Rs 4,000 after budget slashes custom duty
New Delhi: Finance Minister Nirmala Sitharaman announced a significant reduction in customs duties on gold and silver during her Budget presentation on Tuesday.
Budgets 2024-25: Key benefits Finance Minister Nirmala Sitharaman announced
New Delhi: Union Finance Minister Nirmala Sitharaman on Tuesday announced some key benefits for people in Budget 2024-25.
Real estate stocks fall after Budget removes indexation benefit on LTCG
Mumbai: Real estate stocks dropped following Finance Minister Nirmala Sitharaman's proposal to remove the indexation benefit for calculating long-term capital gains tax (LTCG) on real estate.
New Delhi: Finance Minister Nirmala Sitharaman presented the 2024-25 Budget on Tuesday, her seventh consecutive budget presentation and setting a new record, surpassing former Prime Minister Morarji Desai. This budget is the first of Prime Minister Narendra Modi's third term. Sitharaman underscored the government's success in maintaining economic stability.
New Delhi/IBNS: While focusing on employment generation and rural development, the two components that supposedly cost the Narendra Modi government an absolute majority in its third consecutive term, the historic seventh Union Budget by Finance Minister Nirmala Sitharaman spent a considerable pie for Andhra Pradesh and Bihar, the two states ruled by major allies of the Bharatiya Janata Party (BJP)-led NDA, which returned to power with coalition strings attached.
New Delhi/IBNS: Union Finance Minister Nirmala Sitharaman on Tuesday announced help for three hill states- Himachal Pradesh, Uttarakhand and Sikkim- and Assam to tackle the effects of natural calamity.
Budget 2024: Sitharaman announces financial aid for Andhra Pradesh, major support for Bihar
New Delhi/IBNS: Union Finance Minister Nirmala Sitharaman on Tuesday made major announcements for two states, Andhra Pradesh and Bihar, which are ruled by the Modi government's key allies, Telugu Desam Party and Janata Dal (United) respectively.
EV sector seeks incentives and tax rationalisation from Union Budget 2024: Report
New Delhi/IBNS: With Union Finance Minister Nirmala Sitharaman scheduled to present the Union Budget 2024 on July 23, India's electric vehicle (EV) industry is optimistic about potential announcements that could spur industry growth, reports ANI.
Here's how stock markets are likely to react before and after Union Budget 2024
Mumbai/IBNS: The Government of India is set to present the Union Budget 2024 on July 23 this year.
New Delhi: As the Union Budget 2024 approaches, taxpayers and financial experts are keen to see if new tax deductions will be introduced or existing ones modified.
GST Council tweaks rates for range of products and services
New Delhi: Union Finance Minister Nirmala Sitharaman presided over preliminary discussions with finance ministers from states and Union Territories to gather their perspectives ahead of the upcoming Budget.
PM Modi calls Budget 2024 'innovative and inclusive'
New Delhi/UNI: Prime Minister Narendra Modi on Thursday termed the Union interim budget 2024–25 as "innovative and inclusive" and said it will empower all sections of society.