Budget 2024: Is tax on long-term capital gains fair, even if individual is in nil bracket?
Monday, 8 July 2024 Budget 2024 expectations: The long-term capital gains tax provisions are not fair to certain taxpayers, and this requires an amendment in the upcoming Budget 2024. Income-tax (I-T) is a progressive tax mechanism, the more you earn the more you pay.
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Finance Minister Nirmala Sitharaman revised tax slabs in the new regime, expanding the first taxable bracket from βΉ3-6 lakh to βΉ3-7 lakh, while maintaining the 5% tax rate. Standard deductions were..
Finance Minister Nirmala Sitharaman presented her seventh consecutive Budget, outlining key measures for the Modi 3.0 government. The Budget introduced employment schemes and revised the new tax..
In a post-Budget 2024 reaction, Rajan Bharti Mittal, Vice Chairman of Bharti Enterprises, commends the Union Budget for setting a positive direction for Indiaβs growth. He highlights key areas such..
Monday, 8 July 2024
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