होम » Budget
Ahead of the general budget, the Gems and Jewellery Export Promotion Council (GJEPC) has urged the government to reduce import duties on gold and polished diamonds (CPD) to help the industry remain competitive globally.
Will The Indian Paper Manufacturers Association's (IPMA) pitch will make papers more expensive.
The government has targeted Rs 18.23 lakh crore collection from direct taxes in this fiscal. Till January 10, the mop-up stood at Rs 14.70 lakh crore, which is 81 per cent of budget estimates
If the limit is raised to Rs 25 lakh per year, a taxpayer earning more than Rs 30 lakh annually could save Rs 1.04 lakh each year.
Most government employees have demanded the revival of the old pension scheme (OPS).
Finance Minister Nirmala Sitharaman will present the interim budget for 2024-25 in Parliament on February 1.
Currently, individuals earning up to Rs 5 lakh are not liable to pay any income tax.
The gross/net market borrowings are pegged at Rs 15 trillion /Rs 11.2 trillion (5.8/4.3% of GDP) for FY23, respectively
A couple of days before the budget, the market started trading well in anticipation of a positive budget
Nifty50, driven by budget and global sentiments, rallied during the first half and closed the week on a positive note