Bad Loans During UPA Stifled Credit Needs Of Startups And Small Businesses: Sitharaman | Economy News

New Delhi: The bad loans crisis during the Congress-led UPA tenure stifled the credit requirements and dreams of crores of aspirational Indians who wanted to establish start-ups and expand small businesses, alleged Finance Minister and senior BJP leader Nirmala Sitharaman.  In a long thread of posts on her X timeline, she launched an attack on […]

ABHISEK RAJPUT

May 31, 2024

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Bank of India Pays Rs 935.44 crore Dividend To Indian Government | Markets News

New Delhi: Bank of India has said that it has handed over dividend cheque of Rs 935.44 crores for the financial year 2023-24 to Government of India on 10th July 2024. The dividend cheque was presented by Rajneesh Karnatak, Managing Director & CEO and all the four Executive Directors of Bank of India to Finance […]

ABHISEK RAJPUT

July 11, 2024

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Big Finance Ministry Move Soon On Property Transaction Amid Indexation Discontent | Real Estate News

In relief for property owners, the Finance Ministry is mulling to bring relief for transactions held before July 23, 2024, the date on which the Budget was presented. In the budget, Finance Minister Nirmala Sitharaman has removed the indexation rule on property transactions. The move led to significant discontent with experts pointing out that after […]

ABHISEK RAJPUT

August 7, 2024

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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 […]

ABHISEK RAJPUT

July 23, 2024

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Budget 2024 Highlights On Income Tax: Revised Tax Slab In New Tax Regime | Personal Finance News

New Delhi: Bringing the much needed cheer to the salaried individuals, Finance Minister Nirmala Sitharaman on Tuesday announced revisions in the New Tax Regime. As per FM’s announcement, under new tax regime, tax rate structure will be revised as follows – No tax up to Rs 3 lakh  – 5% tax on income up to […]

ABHISEK RAJPUT

July 23, 2024

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Budget 2024: Customary Halwa Ceremony Was Not Done In 2022, FM Distributed Sweets Instead! Know Why | Personal Finance News

New Delhi: The Halwa ceremony that marks the final stage of the Budget preparation process for Union Budget 2024-25, was held in New Delhi in the presence of Union Minister for Finance and Corporate Affairs Nirmala Sitharaman and Union Minister of State for Finance Pankaj Chaudhary. A customary Halwa ceremony is performed every year before […]

ABHISEK RAJPUT

July 17, 2024

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Budget 2024: Decoding The Calculation Of LTCG Under Old And New Capital Gain Tax Regime For House Purchased Before And After 2001 | Personal Finance News

New Delhi: Finance Minister Nirmala Sitharaman’s Budget 2024 announcement has once again put the spotlight on property owners. The removal of Indexation benefits has thus stirred the debate about whether investment returns in Real estate will still be as lucrative or not. Coupled with that, will lowering of Long Term Capital Gains (LTCG) from 20 percent to 12.5 percent […]

ABHISEK RAJPUT

July 25, 2024

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Budget 2024: Finance Minister Announces TDS Framework Changes—Check How It Affects You | Personal Finance News

New Delhi: Finance Minister Nirmala Sitharaman has announced changes to the Tax Deducted at Source (TDS) framework which will affect salaried individuals. The changes will affect disposable income and make tax processes smoother. The Finance Minister explained that the Finance Bill aims to simplify the tax system for charities, adjust TDS rates, improve reassessment and […]

ABHISEK RAJPUT

July 24, 2024

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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 […]

ABHISEK RAJPUT

July 7, 2024

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Budget 2024: Flood Assistance Announced For Bihar, Himachal, Assam, Uttarakhand, Sikkim | Personal Finance News

New Delhi: Union Finance Minister Nirmala Sitharaman on Tuesday announced financial assistance to states including Bihar, Himachal Pradesh, Assam, Uttarakhand and Sikkim which have  suffered losses due to floods and other natural calamities. She said that Bihar, which frequently suffers from floods, will get some relief as plans to build flood control structures in Nepal […]

ABHISEK RAJPUT

July 23, 2024

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Budget 2024: FM Nirmala Sitharaman Chairs Pre-Budget Meeting With State, UT Finance Ministers | Personal Finance News

New Delhi: Union Finance Minister Nirmala Sitharaman chaired a pre-budget meeting with the Finance Ministers of all States and Union Territories on Saturday morning.The Ministry of Finance and Corporate Affairs organised a Pre-Budget Meeting with the Finance MInisters of all States and Union Territories with Legislatures. The purpose of the meeting was to gather suggestions […]

ABHISEK RAJPUT

June 22, 2024

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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 […]

ABHISEK RAJPUT

July 10, 2024

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