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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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How much impact did the reduction in customs duty have on gold prices? What are the current gold prices? Is this the right time to buy gold at lower prices? If you miss the opportunity to buy gold now, why you might end up regretting it? Let's find out.
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The growth in digital payment system in nation, represents a significant milestone in India's digital payment ecosystem
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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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In budget 2024, Finance Minister has announced the abolition of this tax. She said that to boost entrepreneurship and support innovation in India's startup ecosystem, this tax will be abolished for all investors.
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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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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.
