Budget 2024: Salaried employees under new tax regime to save up to Rs 17,500 annually in taxes due to changes proposed in Budget FY25, announced Finance Minister Nirmala Sitharaman on Tuesday.

Salaried Employees Under New Tax Regime To Save Rs 17,500 Annually In Taxes: FM

Finance Minister Nirmala Sitharaman on Tuesday brought cheer for start-ups as she abolished angel tax in the Union Budget 2024-25 for all classes of investors.

Budget 2024: Good News for Start-Ups as Nirmala Sitharaman Scraps Angel Tax. Here's What It Means

Highlighting the vision for a ‘Viksit Bharat’, or developed India, in the Union Budget 2024-25, finance minister Nirmala Sitharaman on Tuesday (July 23) highlighted nine priorities for generating ample opportunities in the economy.

Budget 2024: Sitharaman Outlays Modi Govt's Vision For 'Viksit Bharat' Through 9 Priorities | All You Need To Know

Gold, silver, platinum, mobile phones and cancer drugs are among the items likely to become cheaper with Finance Minister Nirmala Sitharaman announcing relaxation in duties her Union Budget 2024 speech on Tuesday.



Union Budget 2024: Mobile Phones, Shrimp, Gold, Footwear... What is Cheaper, What Gets Costlier | LIVE Updates

In the Budget 2023, under new tax regime, Finance Minister Nirmala Sitharaman had increased the income tax exemption limit by Rs 50,000 to Rs 3 lakh and the rebate under Section 87A of the Income Tax Act, 1961, was also raised from Rs 5 lakh to Rs 7 lakh, meaning that those earning up to Rs 7 lakh do not have to pay any tax under the new regime.



Budget 2024 May Raise Income Tax Exemption Limit to Rs 4 Lakh: Know Current Slabs Under New Tax Regime Vs Old Regime

The Economic Survey 2023-24 has cautioned against including sensitive food commodities like common rice, wheat, and most pulses in futures trading until markets are more developed, even as the government expands the list of commodities eligible for derivatives trading.



Economic Survey Acknowledges Rise Of Retail Investors, IPO Boom; Cautions Against F&O Trading

Finance Minister Nirmala Sitharaman announced an 11.1 per cent increase in Capex outlay to 11.11 Lakh Crore, putting capex outlay at 3.4 per cent of GDP.

Capex Outlay Increased by 11.1%

Finance Minister Nirmala Sithraman said, "Rooftop solarisation will allow 1 crore households to get 300 units of free electricity every month." She added, "This will result in Rs 15,000 to Rs 17,000 savings per year for households."

'Solarisation to allow 300 units for free electricity for 1 cr households'

Finance Minister Nirmala Sitharaman presented Interim Budget 2024 in Parliament today. Beginning her speech highlighting the achievements of the Narendra Modi government, Sitharaman said, "Government is working with the approach of All Round, All Pervasive & All Inclusive Development. We will achieve the goal of Viksit Bharat by 2047."

Will Achieve Viksit Bharat Goal by 2047: FM

While Indian stock markets were choppy in opening trade, they recovered and were trading in green ahead of Interim Budget 2024. At 10:30 am, Sensex was over 230 points higher while Nifty was over 60 points up. 

Stock Markets in Green Ahead of Budget 2024

The Indian Chamber of Commerce (ICC) has suggested the government to rationalise customs duties in various sectors including steel, solar battery, aluminum, and lithium cells in a bid to boost domestic manufacturing.

Govt Should Rationalise Customs Duty In Budget To Boost Domestic Mfg: Indian Chamber of Commerce

The stock market is abuzz with speculation on potential fiscal measures and their impacts ahead of the Union Budget 2024 presentation on July 23.

Defence Stock Picks Ahead of Budget 2024: Analysts' Pick HAL, BEL, Azad Engineering, Others

 The initial public offering (IPO) of plant-based speciality products company Sanstar Limited, which was opened for public subscription on July 19, has received a positive response from investors.

Sanstar IPO Receives Over 13.53x Subscription on Day 2, Check GMP Today

We are in the midst of wedding season, surrounded by the crescendo of ’till death do us part’ vows. In this spirit of togetherness, there is another timeless union that deserves our attention—the union of state and taxes. 

Union Budget and India's Unhealthy Obsession With Income Tax Slabs

Finance Minister Nirmala Sitharaman is going to announce her fourth consecutive budget on February 1, which is going to be an interim budget or vote on account. The Interim Budget 2024 is the last budget before the general elections 2024. Readers can visit here for the Interim Budget 2024 highlights after the budget is announced. Meanwhile, here are 10 key highlights from Budget previous Budget 2023-24.

Patna Metro Rail to Begin Operations in 2025; Check Stations, Route Details

'Less Than 150 Students Affected': Scale of NEET Paper Leak Much Lower Than Expected, Reveals CBI Probe

NEET-UG Paper Leak: CBI Arrests Four MBBS Students of AIIMS Patna

How 4 Patna AIIMS Students Could Be Linked To NEET-UG Paper Leak? CBI Probes Key Angle

NEET-UG 2024: 3 Doctors From Patna AIIMS Detained, Believed To Be Part of 'Paper Solver Gang', Say Sources

Ishan Kishan Turns 26: Top-5 Knocks by the Indian Wicketkeeper-Batter

Muharram Clashes: Grocery Shop Owner Beaten In Patna, Cops Attacked In Muzaffarpur

Bihar: Six Killed, Several Injured as Speeding Jeep Rams into Parked Truck

ED Raids Bihar IAS Officer, Ex RJD MLA in Money Laundering Probe

Rupauli Bypoll Result 2024: Independent candidate Shankar Singh Wins by Over 8,000 Votes

Special Status Demand Triggers Political Slugfest in Bihar

25 Dead, 39 Injured in 24 Hours in Bihar lightning Strikes

Water Levels of Bihar Rivers Rising, District Administrations Asked to Remain Alert

JD(U) Will Push for Special Status, Package for Bihar: Nitish's Close Aide

'It's A Dream Come True': Manvi Madhu Kashyap Becomes Bihar's First Transgender Sub-Inspector

CBI Arrests Alleged Kingpin Of NEET-UG Paper Leak From Patna

Rupauli Bypoll 2024: 7.94% Lower Voter Turnout Than 2020

Nitish Asks Pvt Company Official to Expedite Road Project, Offers to Touch His Feet | WATCH

Hathras Stampede: First Case Registered Against Bhole Baba In Patna

Bihar Govt Suspends 15 Engineers Over Bridge Collapse Incidents

Lalu Claims Modi Govt Could Fall Next Month, BJP Says He is 'Hallucinating'

Arrest Me if You Have Proof Against Me: Tejashwi Yadav on NEET

'Engineers, Contractors Not Diligent....': Bihar Official Points Out Lapses After 12 Bridges Collapse In State

Another Bridge Collapses in Bihar, 10th Such Incident in Over 15 Days

'Unusual' & 'Absurd': SC Stays Patna HC Order Asking Victim to Stand As Surety For Bail

In A Big Step By Railways, Travellers Taking Special Trains From Patna Have A Reason To Cheer | Check Details

Rupauli Assembly Bypoll 2024: List of Contesting Candidates

NEET-UG Row: CBI Makes First Arrests From Bihar In Connection With Paper Leak Case

NEET-UG 2024 Paper Leak: CBI Team Reaches Patna After Bihar Police Transfers Probe

NEET Case: CBI Team Reaches EOU Office in Patna

Will Urge Nitish for CBI Probe into Tejashwi’s Links with Accused in NEET Case: Bihar Dy CM

'This'll Not Help Anyone': Tejashwi's First Reaction After BJP Links NEET UG 2024 Paper Leak Suspect To His Aide

NEET-UG Row: Suspect Says Question Sheet Sold for Rs 30-32 Lakh, 6 Paper Mafia Among 13 Held

Live Blog

patna

Randeep Hooda Wins Lawsuit Over False Illegal Construction Allegations Near Kanha National Park: Report

Akshay Kumar Stuns In Salt And Pepper Look In Khel Khel Mein New Motion Posters, To Clash With Stree 2

Budget 2024-25: Govt Announces Incentives to Boost MRO Activities in Aviation, Shipping Sectors

PSG Interested to Sign Manchester United Captain Bruno Fernandes: Report

Samsung Halts Shipment Of Galaxy Buds 3 Pro Earbuds: Here's Why

patna News - Find latest patna news and Headlines based from patna City. Get all the latest news belongs to patna crime, patna education news, patna politics, business, on current affairs, and more at News18