Budget News
Direct Tax Vivad Se Vishwas scheme, 2024 to come to force from 1 October
In July, while presenting the Annual Budget 2024-25, finance minister Nirmala Sitharaman announced the scheme for resolution of income tax disputes pending appeal
1 min read20 Sep 2024Stock market news: This income tax rule to be implemented next month
From October 1, 2024, buyback proceeds will be taxed as dividends, shifting the tax burden from companies to shareholders. Companies will need to deduct TDS at 10 per cent for residents and 20 per cent for non-residents, prompting a reevaluation of investment strategies
2 min read5 Sep 2024Insights and inspiration from Salesforce’s second trailblazing women summit in India
Salesforce’s Trailblazing Women Summit in Hyderabad united over 350 women leaders to discuss gender equality and innovation. The event underscored the need for diverse leadership, aiming to turn insights into actions for workplace equality and driving substantial change.
3 min read30 Aug 2024How to adjust your financial life after LTCG tax hike to 12.5%?
While we would love to go back to the pre-2018 days of 0% tax or at least remain in the 2018-24 era of 10% tax, there is not much we can do.
4 min read27 Aug 2024Rent, home loan, capital gains, losses: a simple guide to taxation on real estate
We have compiled a handy guide in Q&A format to help you understand how properties and rental incomes are taxed after the Union Budget 2024-25
7 min read26 Aug 2024Stock Winners and Losers in Indonesia’s $230 Billion Budget Plan
Indonesia’s 3.6 quadrillion rupiah ($230 billion) budget for next year will prop up consumer, food and health-care stocks as President-elect Prabowo Subianto is set to take office.
1 min read19 Aug 2024How profit on sale of shop purchased in 1999 will be taxed after Budget 2024?
A senior citizen plans to sell a shop bought in 1999 and seeks advice on capital gains and tax savings. Long-term capital gains apply, and tax can be saved by investing in property or capital gains bonds
1 min read17 Aug 2024Is it the end of road for debt mutual funds after budget brought in new capital gains tax norms?
Debt mutual funds can help investors tide over poorly performing equity market phases if the tax playing field is level.
3 min read12 Aug 2024Mint Primer | 5G smartphones at ₹8000: The push for digital India
The chipset makes up nearly half the cost of making phones, and the absence of a cheap 5G chipset prevented brands from offering 5G smartphones below ₹15,000-17,000.
2 min read9 Aug 2024Govt kept its word on fiscal consolidation: FM in Rajya Sabha
The Union Budget 2024 balanced elements of growth, employment, welfare spending and capital investments even as the government kept its word on the fiscal consolidation glide path, finance minister Nirmala Sitharaman in her reply to the Budget discussion in Rajya Sabha on Thursday.
2 min read8 Aug 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared