Union Budget & Policy News

Budget 2024: Tax Practitioners Urge Government to Rationalize Personal Income Tax

17 July 2024 at 09:06

In a significant appeal to the government, the All India Federation of Tax Practitioners (AIFTP) has urged for a reduction in the personal income tax burden on citizens in the forthcoming Union budget

Posted in Union Budget & Policy | 2382 Views

Final Stage of Preparations for Union Budget 2024-25 Commences with Customary Halwa Ceremony

17 July 2024 at 09:06

The Halwa ceremony, marking the final stage of the Budget preparation process for Union Budget 2024-25, was held in New Delhi

Posted in Union Budget & Policy | 1 comments | 462 Views

Budget 2024: Jewellery Industry Anticipates Duty Cuts, Tax Reforms and Streamlined Regulations

10 July 2024 at 09:08

As the 2024-25 Budget presentation by Finance Minister Nirmala Sitharaman approaches on July 23, the jewellery industry is eagerly anticipating potential duty cuts on gold, silver, diamonds, and platinum.

Posted in Union Budget & Policy | 2028 Views

Budget 2024-25: Key Announcements Expected for Senior Citizens

10 July 2024 at 09:05

As FM prepares to present the Union Budget 2024-25 on July 23, senior citizens are keenly anticipating several potential announcements that could significantly impact their financial well-being.

Posted in Union Budget & Policy | 2448 Views

Budget 2024: Call for Amendments to Advance Tax Provisions for Individuals

09 July 2024 at 09:12

Explore potential amendments in Budget 2024 to advance tax provisions under Section 234C of the Income-tax Act, which could ease the financial burden on gig workers, freelancers, and new entrepreneurs.

Posted in Union Budget & Policy | 1 comments | 2169 Views

Budget 2024: Savings Account Interest Up to Rs 25000 May Become Tax-Exempt

08 July 2024 at 09:05

The government is considering a proposal to increase the tax-deductible amount on interest earned from savings accounts to ₹25,000, sources familiar with the matter revealed.

Posted in Union Budget & Policy | 3231 Views

Pre-Budget Consultation Meetings for the Forthcoming Union Budget 2024-25 Conclude in New Delhi

08 July 2024 at 09:00

The Pre-Budget consultations for Union Budget 2024-25 that started from 19th June 2024 onward in the Ministry of Finance and chaired by Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman, concluded on 5th July 2024.

Posted in Union Budget & Policy | 489 Views

Union Budget 2024 to be Presented by FM Nirmala Sitharaman on 23rd July 2024

06 July 2024 at 16:47

Union Finance Minister Nirmala Sitharaman is set to present the Union Budget for the financial year 2024-25 on July 23, 2024. This was confirmed by the Union Minister of Parliamentary Affairs, Kiren Rijiju, in a post on X (formerly Twitter) on July 6.

Posted in Union Budget & Policy | 3201 Views

Budget 2024: Tax Relief Hopes for Salaried, 8th Pay Commission for Govt Employees

05 July 2024 at 08:57

With the new government in place, stakeholders from various industries are eagerly anticipating the comprehensive budget for FY 2024-25

Posted in Union Budget & Policy | 1 comments | 15576 Views

Budget 2024: FM Sitharaman likely to Present Union Budget on July 23-24

28 June 2024 at 08:56

Finance Minister Nirmala Sitharaman is expected to present the Union Budget for FY25 on July 23 or 24, according to some reliable sources. However, there is no official confirmation on the exact date of the budget presentation.

Posted in Union Budget & Policy | 3735 Views