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Union Budget 2024 News

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Nirmala Sitharaman defends budget amid INDIA bloc protests in Rajya Sabha | WATCH

In protest, Congress chief ministers will be boycotting the NITI Aayog meeting scheduled for July 27. Stay tuned for real-time updates from the Monsoon Session in Parliament following the presentation of the Union Budget 2024-25. ...
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Union Budget 2024: With aim to boost nuclear energy, India to develop Bharat Small Reactors

The development of SMRs in India is expected to boost energy security, reduce greenhouse gas emissions, and support the nation's growing energy needs. In order to achieve that goal, the government will collaborate with the business sector on the following projects: (1) establishi...
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From Nirmala Sitharaman’s Union Budget presentation to Supreme Court’s NEET-UG retest rejection: Today's top 10 morning news headlines

Here are today's top 10 morning news headlines covering major events and updates you need to know....
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Union Budget 2024: Social media explodes with memes as Andhra Pradesh, Bihar score big

Social media is overflowing with memes that feature funny captions and well-known personalities, demonstrating how the public feels about the budget. Given the political importance of Bihar and Andhra Pradesh, the administration views this approach as a calculated strategic decis...
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How Union Budget 2024 new tax regime eases tax burden for salaried class?

One of the major changes is the increase in the standard deduction for those opting for the new tax regime. The standard deduction has been raised from ₹50,000 to ₹75,000. ...
Big disappointment: Tamil Nadu MK Stalin to boycott NITI Aayog meeting over Budget snub

Big disappointment: Tamil Nadu MK Stalin to boycott NITI Aayog meeting over Budget snub

Tamil Nadu Chief Minister MK Stalin termed the Union Budget a 'big disappointment,' stating that the Centre has ignored Tamil Nadu's needs and demands...
Nirmala Sitharaman

Union Budget 2024: FM Nirmala Sitharaman increases taxes on capital gains

Finance Minister Nirmala Sitharaman has raised the tax rate on long-term capital gains (LTCG) from 10 per cent to 12.5 per cent. Whereas, the tax rate...
Union Budget 2024: Higher taxes on capital gains from ancestral property, gold sales

Union Budget 2024: Higher taxes on capital gains from ancestral property, gold sales

Long-term capital gains on non-financial assets were taxed at 20% with the indexation benefit. Now, from July 23, taxes on long-term capital gains for...
Union Budget 2024: What will be cheaper and what will be costlier?

Union Budget 2024: What will be cheaper and what will be costlier?

Sitharaman also mentioned the government's commitment to simplifying and rationalizing the GST tax structure to make it more efficient. For those choo...
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Union Budget 2024: Govt dims 20 per cent TDS for mutual funds on repurchase

According to the proposed change in the Union Budget 2024, 20% Tax Deducted at Source (TDS) on the repurchase of units by mutual funds and the Unit Tr...
income tax

Union Budget 2024: How is old tax regime different from the new one?

Finance Minister Nirmala Sitharaman has provided some relief to taxpayers by hiking slabs for personal income tax while presenting the first budget of...
Union Budget 2024: Mobile phone costs to decrease with 15% reduction in customs duty

Union Budget 2024: Mobile phone costs to decrease, 15 per cent reduction in customs duty

In addition to mobile phones, the BCD on mobile Printed Circuit Board Assembly (PCBA) and mobile chargers will also be reduced to 15%. This decision c...
FM Nirmala Sitharaman

Union Budget 2024: Sitharaman revises new tax regime slabs, increases standard deduction

The budget also included an increase in the deduction on family pension from Rs 15,000 to Rs 25,000. These changes are expected to benefit approximate...
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Union Budget 2024: Employment to manufacturing, here are nine priorities outlined by FM Sitharaman

While presenting the budget in the Lok Sabha, the finance minister highlighted nine priorities to bolster the economy, which include Productivity and ...
Nirmala Sitharaman

FM Nirmala Sitharaman proposes customs duty reductions on gold, silver to per cent in Union Budget 2024-25

"To promote domestic value addition in gold and precious metal jewellery, I propose reducing customs duties on gold and silver to 6 per cent, and on p...

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