interim budget 2024 – Page 8

Business

Budget 2024 income tax: New vs old tax regime – how FM Sitharaman can make simplified tax regime more appealing for taxpayers | Business – Times of India

getworldnews1 year ago08 mins

[ad_1] By Aarti Raote and Poornima GBudget 2024 income tax expectations: The new and simplified personal income tax regime was introduced in the Budget of 2020 with the objective to simplify tax compliances and provide significant relief to individual taxpayers. The new tax regime provided for significantly reduced income tax rates for individual taxpayers who…

Education

Interim Budget 2024: New Policy Initiatives to Attract International Students to India | – Times of India

getworldnews1 year ago05 mins

[ad_1] NEW DELHI: The Indian government has initiated several measures and reforms to implement the National Education Policy (NEP) 2020. In continuation of these efforts, further assistance is expected in the forthcoming budget 2024.To encourage learner-centric education, the National Credit Framework (NCrF), National Higher Education Qualification Framework, Academic Bank of Credit (ABC), and multiple entry/exit…

Business

Budget 2024 income tax expectations: Will new personal tax regime be made more attractive? | Business – Times of India

getworldnews1 year ago07 mins

[ad_1] By Chander TalrejaBudget 2024 income tax expectations: The government’s focus has been to simplify the tax structure and reduce the tax complexities so that TAX is no longer taxing. With this objective, one of the initiatives was introducing an optional personal tax regime called the new personal tax regime in the Budget 2020. This…

Business

Budget 2024: What tourism and travel sectors are expecting this year | Business – Times of India

getworldnews1 year ago05 mins

[ad_1] Budget 2024 expectations: Finance Minister Nirmala Sitharaman is all set to reveal the Interim Budget for the fiscal year 2024-2025 (FY25) on February 1, 2024. Meanwhile, the focus turns on fiscal consolidation and nominal economic growth projections, while no major policy changes are expected as of now.If we go by sector-specific changes, the travel…

Education

Interim Budget 2024: Education Budget Highlights Under Modi Government | – Times of India

getworldnews1 year ago019 mins

[ad_1] In 2023, Finance Minister Nirmala Sitharam conveyed to the public that significant announcements should not be anticipated in the upcoming interim Budget for 2024. Over the recent financial years, there has been a substantial increase in funds allocated to education, focussing on expanding outreach, enhancing skill development, and improving educational quality.The imminent interim Budget…

Tech

Interim Budget 2024: Space industry seeks liberal FDI policy, PLI scheme

getworldnews1 year ago05 mins

[ad_1] India’s nascent space sector has sought a liberal FDI policy on par with the defence industry and production-linked incentive in the interim Budget that the government will present next week. The industry body Indian Space Association (ISpA) has also sought GST exemption for satellites, launch vehicles and ground equipment manufacturing, lower tax rates for…

Business

Budget 2024 Income Tax Expectations: Top 10 Things FM Sitharaman Should Do | Business – Times of India

getworldnews1 year ago014 mins

[ad_1] By Surabhi MarwahBudget 2024: Given the upcoming general elections, it is expected that the imminent budget in February 2024 is likely to be a ‘Vote on Account’, with the full-fledged budget anticipated in July 2024. While the Government did dole out tax benefits in the interim budget in 2019, one may not expect any…

Business

Budget 2024 Hike Standard Deduction For Salaried Taxpayers Say Experts To FM Nirmala Sitharaman | Business – Times of India

getworldnews1 year ago08 mins

[ad_1] Budget 2024: Standard deduction serves as a big relief for salaried taxpayers. At present salaried taxpayers can avail a standard deduction of Rs 50,000 on their income. This relief is available both under the old and the new income tax regime. However, experts are of the view that the current limit of Rs 50,000…