24 July,2024
The Union Budget 2024 contained many measure that are focused towards providing incentives for businesses, and tax reforms. These measures can provide the required push to the private sector to kickstart their stalled investments to boost economic and job growth.
24 July,2024
Union Budget 2024 laid a great emphasis on employment creation. Part of the Prime Minister’s five packages to boost economic growth, one set of schemes focus on generating employment. The focus is upskilling young people, and providing incentives to employers to hire more people.
24 July,2024
The government’s focus on economic growth was led by rapid infrastructure growth, and steadily raised the capital expenditure at the central level and through constant capital support to states through a 50-year loan for capex projects.
24 July,2024
The Union Budget 2024 had a full set of changes introduced on how income from mutual funds, ETFs, and Fund of Funds are taxed under the head capital gains. Apart from trying to streamline the tax rates, the Union Budget 2024’s announcements also made tweaks to last year’s tax rules that were unfavourable to ETFs and Fund of Funds.
24 July,2024
The Union Budget 2024 proposes to hike securities transaction tax (or STT) on futures and options. There was anticipation among traders that there would be other steps taken to reduce the growth in volumes of future and options in India. But the government has refrained from taking any steps like re-categorising trading income and levying a higher tax rate, among reported moves.
24 July,2024
Budget 2024 initiated a complete revamp of the capital gains tax regime in India by streamlining the holding period rules and the tax rates across the board. Finance Minister Nirmala Sitharaman also proposed to remove indexation benefit that was earlier available for certain assets sold like gold, unlisted equity shares, property, among others.
24 July,2024
During her Union Budget 2024 speech, Finance Minister Nirmala Sitharaman made small tweaks to the income tax rates under the new regime for individuals and HUF. There were many requests for tweaking the tax rates and deductions for the old regime as well, but there were no changes proposed in Union Budget 2024.
24 July,2024
The Union Budget was announced on 23rd July 2024 by FM Nirmala Sitharaman. Being the first budget after the formation of the Government, this was a much awaited and speculated budget. With so much buzz around the budget, there was prone to a post-budget effect on the share market.
08 July,2024
As we approach the announcement of the Union Budget later this month, the infrastructure sector is at the forefront of discussions. The interim Budget presented earlier this year underscored the government's commitment to enhancing infrastructure development, and Union Budget 2024 is expected to build upon those foundations. Recognising its critical role in economic growth and sustainability,...
08 July,2024
India has an ambitious renewable energy ambition, with nearly 500 GW of installed renewable and non-conventional sources by 2030. The upcoming Union Budget is expected to follow in the footsteps of the announcements made in the interim budget in February.
08 July,2024
As the Union Budget 2024-25 approaches, speculations are rife about its potential impact on various sectors, including personal finance. Investors and traders often make decisions based on these speculations, hoping to capitalise on anticipated market movements. However, planning investments solely on such speculations can be risky and may lead to undesirable outcomes.
08 July,2024
As India awaits the first Union Budget of the NDA 3.0 government, the defence sector remains a critical area of focus. Several defence stocks have seen a major rally in recent times with many of them reaching their 52-week highs. This attention is driven by recent budgetary allocations, evolving geopolitical challenges, and long-term strategic goals. The impact on defence stocks has been profound, with the Nifty India Defence index delivering an amazing 74.44% returns YTD.
08 July,2024
Learn about the significant allocations to the Pradhan Mantri Awas Yojana (PMAY), tax benefits, and public-private partnerships aimed at expanding access to affordable housing. Understand how these measures support the 'Housing for All' mission and present investment opportunities in the real estate sector.
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