Allow me to introduce you to Arjun, a young professional who has just acquired his first job. The excitement of earning one’s own money and the newly acquired freedom to spend it as he saw fit was intoxicating. Arjun celebrated his new job: nice dinners, gadgets that he had hitherto eyed and bought, enjoying weekends out with friends. Pretty soon, the thrill started to wear off as reality started seeping in. Despite his salary, Arjun soon came to realize that meeting his most basic or unexpected expenses came from waiting for a paycheck. The piling of unexpected costs, with no …
Category: Budget
Direct Tax Updates: What Changes For You After The Recent Budget
This recent Union Budget has brought in a spate of major changes in direct taxes, impacting every individual taxpayer and investor. Getting one’s head around the new tax regime to keeping oneself aware of the revision in the capital gains tax on equity shares, ETFs, and mutual funds—is crucial in comprehending their impact on your finances. This blog will break down all the key updates that you should be aware to stay ahead in the taxation game. The New Tax Regime What has changed? The tax slabs have been modified to increase more tax savings for individuals opting for the …
Interim Budget 2024 – How Does It Affect You
Finance Minister Nirmala Sitharaman presented the Interim Budget on 1st February 2024. Overall, the interim budget portrays a calm and controlled outlook focusing on stability & continuation of previous policies. However, there are some key announcements in the interim Budget 2024 that set the tone for the development of the country in FY 25. Budget & The Common Man: The interim budget 2024 gave no rude shock to the common man. No changes in the income tax slab. With the Lakhpati Didi scheme, the govt. It is all set to empower 3 cr rural women through Self Help Groups. The …
BUDGET KEY HIGHLIGHTS
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