Revenue Secretary Sanjay Malhotra announces that interest costs and stamp duty will not be included in the base price for calculating long-term capital gains (LTCG) on property. The recent Budget proposes a revised LTCG framework with a lower tax rate but without indexation benefits. Malhotra...
The government confirms no plans to reconsider the LTCG tax changes on property sales introduced in Union Budget 2024-25. Despite concerns over the removal of the indexation benefit, the new flat tax rate of 12.5% is deemed beneficial for taxpayers, simplifying compliance and potentially lowering...
Explore the key highlights of India's Union Budget 2024 with this detailed summary. Understand the major reforms, fiscal measures, and sector-specific changes aimed at boosting economic growth and development....
Discover how the Union government's GST reforms have lowered the tax burden, reduced compliance costs, and boosted revenues. The 2024-25 Union Budget announces plans to expand GST to more sectors, benefiting the common man and businesses alike...
Explore the key highlights of the Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman. Discover details on employment schemes, tax reforms, infrastructure investments, and more. Read the full breakdown of the budget's focus areas and sector-specific updates....
Discover the key expectations from the upcoming 2024 Budget for the real estate sector. Developers in Noida and Greater Noida are advocating for industry status, GST reforms, tax incentives, and support for affordable housing to boost investment and economic growth....
Discover India's 'Amrit Kaal' growth strategy from the Economic Survey 2024. Learn about the six key areas driving economic progress, including private investment, MSMEs, agriculture, green transition financing, education-employment, and state capacity. ...
Discover the key highlights of the Economic Survey 2024, revealing India's impressive 8.2% real GDP growth in FY24. Learn about the factors driving this robust post-pandemic recovery and future growth prospects....
Discover the IMF's revised GDP growth forecast for India, highlighting a 7% projection for FY25, driven by increased rural consumption. Get detailed insights on India's economic outlook and global implications. ...
Discover the key highlights of Rajasthan's Budget 2024-25, presented by Deputy CM Diya Kumari. Learn about new policies, VAT reductions, investment promotions, and more across various sectors. Read the full budget details and announcements here. ...
Agree
