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The government has argued that despite the removal of indexation, the overall tax burden on property sales would decrease due to the lowered LTCG tax rate. However, experts have expressed concerns that without indexation benefits, taxpayers may face higher tax liabilities, especially on properties held for extended periods.
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Finance Minister Nirmala Sitharaman announced NPS Vatsalya scheme in Budget 2024. What is this scheme about, and who should consider investing in it? Let's understand.
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While the goal of these changes is to simplify the tax structure, they will significantly impact traders and stock market experts
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Consumer internet companies are extensively using tactics like hidden fees and subscription traps, which frustrate users while using these apps or websites. You can understand the extent of these dark patterns from a report by the International Consumer Protection and Enforcement Network (ICPEN).
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The revised tax slabs in the Budget provide relief to individuals earning between 3 lakh rupees and 12 lakh rupees, and above
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Under the NPS Vatsalya scheme, accounts opened in the names of minor children will automatically convert into regular NPS accounts once they reach the age of 18.
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In addition to gold and silver, Finance Minister Nirmala Sitharaman announced a reduction in the customs duty on platinum, palladium, osmium, ruthenium, and iridium to 6.4%. Once this decision comes into implementation, the prices of gold, silver, and platinum may drop.
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According to RBI data from June 28, deposits grew by 11.1% on a year-on-year basis, while loan growth stood at 17.4%. RBI Governor Shaktikanta Das has urged banks to think outside the box to increase deposits and adopt new strategies to achieve this.
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Personal medical corpus may appeal to those with sufficient retirement savings and financial stability, Could not be profitable to all
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These initiatives are expected to encourage greater savings among young individuals, providing a significant boost to the economy overall
