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.

Telangana Police Officer Salutes His IAS Daughter In This Wholesome Picture

Live Blog

Meghalaya CM Wins Over Internet Again, Plays Iron Maiden Guitar Solo On Stage | WATCH

Can House Float In The Middle Of A Sea? This Viral Video Defies Logic

Man With Stage 4 Cancer Shows Up For Daughter’s Homecoming Event

104-year-old US Woman Dies Days After Creating Oldest Skydiver World Record

From Fixing Tie to Holding Umbrella: Indians Declare Rishi Sunak, Wife Akshata New 'Couple Goals'

Short Videos

US Secret Service Chief Kimberly Cheatle Grilled By US Panel Over Trump Assassination Trump

Prime Minister Viktor Orban’s $17,000 Monthly Income Stirs Debate On Hungary’s Pay Disparity

Anti-Tourism Activists Protest Across Spain Against Rising Housing Costs Due To Tourist Influx

Relative Calm In Bangladesh After Top Court Waters Down Reservation In Government Jobs

Left-Wing MP Makes Rock-Paper-Scissors Motion to Avoid Shaking Hands with National Rally MP

Samsung Workers Announce Indefinite Strike Over Higher Pay In South Korea

California Voters React To Biden Ending Re-Election Bid, Endorsing Kamala Harris

Biden Ends Re-Election Bid: List Of Other US Presidents Who Served Only One Term

Watch | Massive Fire At Yemen’s Hodeidah Port After Israeli Strike

Today, Network18's Project One Tree Sprouted A Green Revolution In Noida! | English News | N18S

Unrest In France Over Reservoir Construction, Police Use Water Cannons And Tear Gas On Protesters

42-Metre Long Rowing Boat To Take Part In Paris 2024 Olympic Torch Relay

Xi Jinping Sends Personal Note To Trump After Assassination Bid

Massive Global Cyber Outage Causes Long Queues At US-Mexico Border

Iranian Navy Salvages Sunken ‘Sahand’ Destroyer From Bottom Of Sea

Blinken Claims Iran's Nuclear Breakout Time Estimated At “1-2 Weeks”

Billionaire Sultan Ibrahim Iskandar Crowned Malaysia’s 17th King

38,848 Palestinians Killed In Israel-Hamas War, Say Gaza Officials

China Slams US Election Focus, Says Taiwan “Internal Affair”

Children Among Seven Killed In Suspected Arson Attack In France's Nice