With the latest budget announcement and the directive from the previous year’s budget, debt mutual funds have become unattractive and have been relegated to the sidelines – a burgeoning segment almost thrown…
Tag: Union Budget 2024
Budget 2024: What common man expects on personal income tax front
Budget 2024 is all set to be announced on 23rd July, 2024. India is looking for a crucial roadmap for “Viksit Bharat” by 2047 and provide short and long-term plans for the…
Budget may hike tax on F&O trading. Here’s what it could mean
The finance ministry plans to impose higher taxes on futures & options (F&O) transactions in the upcoming Union Budget, as per recent reports. Proposed changes include reclassifying these transactions as ‘speculative income’…
Budget 2024: India likely to allocate $48 billion for food, fertiliser subsidies
India may earmark about 4 trillion rupees ($48 billion) for food and fertilizer subsidies for the next fiscal year, indicating fiscal caution ahead of 2024 Lok Sabha elections, said two government sources…