Budget 2024: Finance Minister Nirmala Sitharaman Wraps Up Pre-Budget Consultations with Key Stakeholders | Personal Finance News

New Delhi: Finance Minister Nirmala Sitharaman has concluded her discussions with industry leaders and social sector representatives as she prepares to present her seventh Union Budget on July 23. The Finance Ministry announced on Sunday that these consultations are now complete. This will be the first full budget of 3.0, setting the course for a […]

‘Govt Doesn’t Want More Money, Taxes Increased Because…’: FM Sitharaman Responds To Tax Hike Uproar | Personal Finance News

Budget 2024: Finance Minister Nirmala Sitharaman in a post-Budget discussion explained that the government has decided to increase taxes not because it wants more money but to ensure uniformity and treat every asset class similarly.  FM Sitharaman was responding to a hike in the Short Term Capital Gains and Long Term Capital Gain taxes, which […]

Nirmala Sitharaman To Hold Pre-budget Talks With India Inc, Farmers’ Bodies, State FMs This Week | Economy News

New Delhi: Finance Minister Nirmala Sitharaman will hold consultations with apex industry chambers, farmers’ associations and state finance ministers in the run-up to the full budget for 2024-25 that is expected to be presented in late July.  While the meeting with India Inc. is expected to be held on Thursday, the consultations with farmers’ associations […]

Budget 2024 For Common Man: From New Tax Rate Structure, Standard Deduction To NPS| 10 Points | Personal Finance News

New Delhi: In line with expectations, Finance Minister Nirmala Sitharaman offered a slew of measures and sops for the common people, who had pinned high hopes from the FM. Here are 10 Key Highlights of Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman in Lok Sabha on Tuesday. 1. Standard Deduction  Standard Deduction in […]

Budget 2024: Government Employees’ Union Presents Demands Ahead Of July 19 Protest | Personal Finance News

New Delhi: Finance Minister Nirmala Sitharaman is all set to present the Union Budget 2024-25 on July 23. Ahead of the event,  the Confederation of Central Government Employees and Workers have submitted a proposal to the Centre outlining seven key demands. Government employees’ unions have requested several measures in a letter to the Cabinet Secretary […]

Life Insurance To Get Cheaper? Nitin Gadkari Writes To Finance Minister Nirmala Sitharaman | Personal Finance News

Union Minister Nitin Gadkari has reached out to Finance Minister Nirmala Sitharaman, urging the removal of GST on life and medical insurance premiums. This appeal follows after criticism of the Budget 2024 from various quarters. Mr. Gadkari cited a memorandum from the Nagpur Divisional Life Insurance Corporation Employees Union in his letter. The Union raised […]

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Union Budget 2024: FM Sitharaman Dons White And Magenta Saree For Budget Presentation | Personal Finance News

Budget 2024: The country eagerly awaits the unveiling of the Union Budget by Finance Minister Nirmala Sitharaman. There’s another aspect that captured everyone’s attention and that is her choice of attire. Each year, Sitharaman’s selection of saree for the budget presentation becomes a topic of interest and admiration among the public. This year, for her […]

Will GST On Health, Life Insurance Premiums Be Reduced? GST Council To Finalise Tax Cuts In November, Sets Up GoM | Economy News

New Delhi: The GST Council on Monday reached a broad consensus on reducing taxes on health and life insurance premiums, and a final decision on this would be taken in the November meeting. The Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising state counterparts, exempted from GST grants or funds received for R&D […]