The Union Budget 2024-25, presented by Finance Minister Nirmala Sitharaman, introduces significant tax changes, offering relief to some taxpayers while raising concerns for investors. Here’s a detailed breakdown of the key changes.
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Budget 2024 reduced customs duties on mobiles, critical minerals, and solar products. Tax cuts for key sectors like pharma, auto, and electronics promise to boost domestic manufacturing and exports.
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In the Union Budget 2024-25, Finance Minister Nirmala Sitharaman announced significant changes to the capital gains tax regime, aiming to simplify and rationalize the tax structure to benefit taxpayers.
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In her Budget speech today, Finance Minister Nirmala Sitharaman hailed GST as a monumental success, highlighting its impact in reducing the tax burden on citizens and streamlining compliance for businesses
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Finance Minister Nirmala Sitharaman sets a robust nominal GDP growth target of 10.5 per cent for FY25, emphasizing India’s economic resilience amid global uncertainties and strategic policy effectiveness.
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“The fiscal consolidation path announced by me in 2021 has served our economy very well, and we aim to reach a deficit below 4.5 per cent next year,” stated Nirmala Sitharaman while presenting the Union Budget 2024 on Tuesday in…
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