Finance Minister Nirmala Sitharaman has concluded consultations with various stakeholders, including representatives of industry and social sectors, as part of the budget preparation exercise. Sitharaman will present her seventh Budget on July 23. This would be the first full budget of Modi 3.0.
Budget 2024:The current GST rates for hospitality are among the highest globally, making tourism expensive.
The first budget of the BJP-led government NDA in its fresh term would be significant with Prime Minister Narendra Modi having stated earlier that the third term will be used to write new chapters of bold decisions. The budget is set to be presented on July 23.
ITR filing 2024: Experts advise that taxpayers should not wait until the last date to file their Income Tax Returns (ITR). The deadline for filing ITR filing is July 31.
In the upcoming 2024–25 budget, the NDA government is considering a significant pension reform for central government employees, potentially offering 50% of the last drawn salary as a pension under the NPS.
Budget 2024: Earlier this year, the Pension Fund Regulatory and Development Authority (PFRDA) emphasised the need to increase the guaranteed pension amount, expressing concerns about its adequacy in meeting future needs.
Finance Minister Nirmala Sitharaman had said the changes, if any, to the rule will have to be done in the full Budget in July under the new government as per the representations submitted by MSMEs.
If your income exceeds the basic exemption limit, you are required to file ITR. For the assessment year 2024-25 (financial year 2023-24), the basic exemption limit is Rs 2.5 lakh for individuals below 60 years of age under the old tax regime and Rs 3 lakh under the new, minimum exemption regime.
The Budget will be the first significant economic document of the Modi 3.0 government, expected to outline key reforms and strategies to propel India towards becoming a developed nation by 2047. President Murmu has indicated that the Budget will feature historic steps to accelerate reforms.
According to Reserve Bank of India data, India registered an annual employment growth rate of 6 per cent in the FY 24. Last year, the annual employment growth rate was 3.2 per cent only.
The BSE Sensex and NSE Nifty reached new all-time highs on Tuesday, driven by strong performances in the auto and FMCG sectors. The Sensex closed at 80,351.64, up 391.26 points, while the Nifty climbed 112.65 points to settle at 24,433.20.
The industry has urged the Finance Minister to reduce corporate taxes, phase out tax exemptions, and broaden the tax base to promote economic growth.
Mother Dairy, a leading supplier of fruits and vegetables in Delhi-NCR, is selling tomatoes at Rs 75 per kg through its retail 'Safal' stores. The local vendors are selling at Rs 70-80 per kg.
The first full budget of the BJP-led NDA government in its third successive term will be presented by Finance Minister Nirmala Sitharaman on July 23. The budget session of parliament will start on July 22 and conclude on August 12.
Check PF balance: You don't need to wait until the end of the year for your employer to provide your PF statement to know your PF balance. Here are four quick ways to check your balance.
Budget 2024: Ayushman Bharat PM-JAY is the world's largest health insurance scheme, designed to offer free medical treatment up to Rs 5 lakh to over 12 crore economically disadvantaged and vulnerable families, benefiting approximately 55 crore individuals.
In the early trade, the 30-share BSE Sensex climbed 205.99 points to 80,166.37. Meanwhile, the Nifty was also up by 53 points to 24,373.55.
The last day to file the Income Tax Return (ITR) is July 31. After the returns are filed, the department will verify the claims and subsequently initiate the refunds accordingly. Know about how the ITRs are processed and what steps to take.
HDFC Bank has scheduled a system upgrade on Saturday, July 13, 2024, from 3:00 AM to 4:30 PM to enhance performance, capacity, and reliability. During these 13.5 hours, certain banking services will be temporarily limited. Customers should plan accordingly to avoid disruptions.
ITR filing 2024: The deadline to file an Income Tax Return (ITR) for the assessment year 2024-25 (FY24) is July 31, 2024. Here's a general step-by-step guide to claim your Income Tax refund for the year 2024.
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