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Thursday, November 14 2024 | 09:50:58 AM

‘ANGEL TAX’ ABOLISHED FOR ALL CLASSES OF INVESTORS

The Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman proposed to abolish ‘angel tax’ for all classes of investors, while presenting the Union Budget 2024-25 in Parliament today. She added that this move is aimed to bolster the Indian start-up eco-system, boost the entrepreneurial spirit and support innovation. The Minister …

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CAPITAL GAINS TAXATION SIMPLIFIED AND RATIONALISED

Simplification and Rationalization of the Capital Gains Tax was one of the key focus areas of the Union Budget 2024-25, presented by the Union Finance and Corporate Affairs Minister Smt. Nirmala Sitharaman in the Parliament today. As proposed by Smt. Sitharaman, short term gains on certain financial assets shall henceforth …

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Union Finance Minister Proposes Eight New Measures to Support MSME Promotion

 “This budget provides special attention to MSMEs and manufacturing, particularly labour-intensive manufacturing,” stated Union Minister for Finance and Corporate Affair Smt. Nirmala Sitharaman while presenting Union Budget 2024-25, in Parliament today. The Union Finance Minister said that the Government has formulated a package that covers financing, regulatory changes and technology …

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₹1.52 Lakh Crore Allocated to Agriculture Sector in Union Budget 2024-25

As part of measures to enhance productivity and resilience in Agriculture sector, the Union Budget 2024-25 has announced several measures including Digital Public Infrastructure,  ‘atmanirbharta’ for oil seeds, Large scale clusters for vegetable production and financial support for network of Nucleus Breeding Centres for Shrimp Broodstocks. Digital Public Infrastructure for Agriculture  Buoyed …

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