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Finance Minister Nirmala Sitharaman has changed the income tax slabs for the new tax regime which is likely to benefit taxpayers. Finance Minister Nirmala Sitharaman in her seventh Budget speech on July 23 revised the tax slabs under the new regime. She told the House that as a result of these changes, a salaried employee…
The government will develop a taxonomy for climate finance, Union Finance Minister Nirmala Sitharaman said in her Budget speech, in New Delhi on July 23, 2024. File (representational image) | Photo Credit: AP The government will develop a taxonomy for climate finance to help improve the availability of funds for adapting to climate change and…
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Ahead of the Women’s Asia Cup game against Nepal, Indian skipper Harmanpreet Kaur said that cricket is like a “god” to her since it has given her everything. The Women in Blue will be aiming to make it a hat-trick of wins as they carry on their women’s Asia Cup title defence in…
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Andhra Pradesh and Sunrisers Hyderabad (SRH) all-rounder Nitish Kumar Reddy opened up on the emotional moment when he received his Indian jersey last month and how much it meant to him considering that his father risked his own career for sake of his son’s cricket. Nitish was called-up to the Indian squad after…
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Suryakumar Yadav in action for Indian cricket team© AFP Suryakumar Yadav pulled off a sensational catch to dismiss David Miller in the T20 World Cup 2024 – a moment that contributed massively in the Rohit Sharma-led side clinching the title. Miller slammed the ball straight down the ground and although SKY pulled off…
New Delhi: Standard deduction in the new tax regime will be increased from Rs 50,000 to Rs 75,000, Finance Minister Nirmala Sitharaman said Tuesday as she announced the 2024 Union Budget. Ms Sitharaman also announced revisions to tax slabs in the new regime. As a result, the Finance Minister told Parliament, salaried employees can save…
Representational Image New Delhi: In a bid to bolster the Indian startup ecosystem, the Centre today announced the abolishment of angel tax for all classes of investors. Angel tax is levied on the capital raised via the issue of shares by unlisted companies from an Indian investor if the share price of issued shares is seen…
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Image for representation only. | Photo Credit: V. Sreenivasa Murthy In her seventh budget speech and the first Union Budget presented by the new NDA government, Finance Minister Nirmala Sitharaman announced a bevy of measures aimed at boosting the micro, small and medium enterprise (MSME) sector. Click here for the Union Budget 2024 updates, highlights Saying…
The stock markets are volatile as FM Nirmala Sitharaman presented the Union Budget on July 23. File | Photo Credit: ANI Benchmark Sensex and Nifty settled marginally lower in volatile trade on July 23 as the government proposed to hike securities transaction tax on futures & options in the budget for 2024-25. Recovering most of…
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New Delhi: Finance Minister Nirmala Sitharaman today announced a major reduction in customs duty on cancer medicines and mobile phones, which will significantly bring down their prices in the retail market. Imported gold, silver, leather goods and seafood will also get cheaper. “The government will exempt 3 more cancer treatment drugs from Customs duty. I…