New Delhi, July 25 (IANS) Amid the growing chatter over the removal of indexation benefit in the long-term capital gain (LTCG) calculation, Finance Minister Nirmala Sitharaman has reiterated that the move is not a “revenue-raising measure” and will not lead to a higher tax burden on real estate transactions.
New Delhi, July 23 (IANS) Radhika Gupta, Edelweiss MD and CEO of Edelweiss Asset Management Company (AMC), said on Tuesday that the concept of indexation has gone away from mutual funds (MFs).
New Delhi, July 23 (IANS) Union Railway Minister Ashwini Vaishnaw on Tuesday hailed the Union Budget 2024-25 as middle-class oriented, forward-looking and described the government's unprecedented push on the jobs and employment generation as a key step to the country’s intensive growth and prosperous future.
New Delhi: Finance Minister Nirmala Sitharaman presented the first budget of Modi 3.0 and middle-class taxpayers were expecting some tax cuts.
New Delhi: The Union Budget 2024-25 is a clear indication that the Modi government would continue to cater to its four core constituencies on a priority basis - women, poor, youth and farmers.
New Delhi, July 23 (IANS) Finance Minister Nirmala Sitharaman on Tuesday announced that a New Pension Scheme (NPS) 'Vatsalya', a plan for contribution by parents and guardians for minors, will soon be launched by the government.
New Delhi, July 23 (IANS) With Finance Minister Nirmala Sitharaman announcing a major reduction in customs duty on cancer drugs and mobile phones, it is set to considerably bring down their prices in the market. The three cancer drugs are Trastuzumab deruxtecan, Osimertinib and Durvalumab.
New Delhi, July 23 (IANS) Finance Minister Nirmala Sitharaman on Tuesday presented the Union Budget 2024 in Parliament aimed at giving a major push to job creation with a focus on the country’s youth, empowering women and improving the incomes of farmers.
New Delhi, July 23 (IANS) Finance Minister Nirmala Sitharaman on Tuesday kept India’s FY25 capex outlay unchanged at Rs 11.11 lakh crore, as earmarked in the Interim Budget in February.
New Delhi, July 22 (IANS) With US President Joe Biden dropping out of the 2024 race for the White House, stock markets worldwide, including in Asia, may see a volatile period ahead, experts said on Monday.
