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Tag: taxpayer relief

Anticipated allocations around personal taxation from upcoming Budget keeping fiscal deficit in mind

Posted on July 21, 2024 By admin
Anticipated allocations around personal taxation from upcoming Budget keeping fiscal deficit in mind

Photo used for representation purpose only. | Photo Credit: Getty Images/iStock Union Finance Minister Nirmala Sitharaman is set to present Union Budget 2024 on July 23. This will be the first full-year Budget for the new government, now in its third term. The fiscal deficit for FY 2023-24 was 5.63% of GDP with a target…

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