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Mumbai: The reduction in the fiscal deficit estimate at the end of the current financial year and fiscal discipline will pave the way for India's rating upgrade in FY 2025-26. The high dividend of the Reserve Bank is considered a big relief on the fiscal front. Deepak Agarwal of Kotak …
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Indian army will become more lethal, government opened the door
Union Finance Minister Nirmala Sitharaman has presented the interim budget for the year 2024-25. In which the Finance Minister has also laid special emphasis on the defense sector. In view of the threat from China and Pakistan, India is currently modernizing its army and this time the military budget has …
Read More »Calculate inflation excluding food
The Economic Survey says that inflation excluding food items should be targeted because monetary policy measures aimed at reducing the inflation rate are effectively directed towards food prices. It argued that, as has been repeatedly observed, high food prices are not demand-driven but supply-driven. While short-term monetary policy tools are …
Read More »A provision of Rs 141.205 crore was made for security pension
31 seconds ago Business The Union security minister said Rs 518 crore has been allocated under the IDEX scheme for startups, innovation and technical support to small units. A provision of Rs 141.205 crore has been made for security pension in the budget. …
Read More »Mid-small cap index to double from Budget 2023 to Budget 2024
50 seconds ago Business From the fifth budget of Finance Minister Nirmala Sitharaman on February 1, 2023 to the presentation of the 2024 budget on July 23, 2024, the wealth of Indian investors has increased by Rs 174 lakh crore or $2.1 trillion. …
Read More »New steps will be taken against companies that do not deposit TDS money with the government, Finance Minister changed the rules
3 hours ago Business Budget 2024: Many such cases keep coming up when companies deduct tax (TDS) from the salary of their employees, but do not deposit it with the government. The latest case is of Byju's. The employees of this edtech company …
Read More »Now you can get this license without going to the RTO office, know the new rules
Rules for getting a driving license: If you are thinking of getting a driving license, then we are going to tell you about some rules. With the help of this, it will be easy for you to get a license. Also, you can easily avail this service sitting at home. …
Read More »Government pensioners will now get a discount of up to Rs 25000! Know the complete details here
Pensioners Tax Deduction: The Union Finance Minister has given a big relief to the taxpayers by increasing the limit of standard deduction. Under the new tax system in the budget, the limit of standard deduction has been increased to Rs 75000 per annum, which was earlier Rs 50000 per annum. …
Read More »More than 100 branches of IPPB will be opened to provide doorstep banking facilities- Finance Minister Nirmala Sitharaman
Budget 2024: The country's budget has been presented. During this budget, Finance Minister Nirmala Sitharaman has made many big announcements. Meanwhile, the government has given a big gift to Northeast India. In the budget, it has been announced to open more than 100 branches of India Post Payment Bank in …
Read More »How to switch from new tax system to old tax system? Know this easy way
Income Tax Rules: A big announcement has been made regarding income tax in the budget. Under the new tax system, the limit of standard deduction has been increased to 25000. After which, now the scope of standard deduction or 80C has increased to 75000 under the new tax system. At …
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