A standard deduction of â‚ą75000 per year for salaried individuals was announced in Budget 2024 for new income taxpayers Doubling standard deduction to â‚ą1 lakh, increasing tax break on interest paid on housing loan and rationalisation of capital gains tax regime were some of the expectations from Budger Source link
Continuing their stellar rally, shares of Suzlon Energy have attained another significant milestone in today’s session by hitting a 14-year peak as investors reacted positively to the company’s June quarter numbers, which were released on Monday, post market hours. In the June quarter, Suzlon Energy achieved its highest wind turbine deliveries in seven years, reaching…
The entire country is eagerly waiting for Budget 2024 wherein Union Finance and Corporate Affairs minister Nirmala Sitharaman to announce changes in income tax rates to reduce the tax outgo of masses. Changes in tax slabs is something that takes place once in a blue moon. The last time these tax rates were changed was seven years ago…
HDFC Life remains dedicated to its policyholders, maintaining a consistently high claim settlement ratio. Life insurance represents a lasting commitment, providing financial security for loved ones should the policyholder no longer be present. An essential gauge of a life insurer’s dependability lies in its capacity to swiftly and effectively settle legitimate claims. When selecting a…
Nifty 50 Stock Price Live Updates: At 08:30 Nifty 50 was trading at 24509.25 (-0.09%). Today Nifty 50 has been trading in the range of 24595.2 to 24362.3. Nifty futures are at 24509.1 (0.0%) & with an open interest change of -6.47% which indicates Price Increase is due to short sellers covering their positions &…
The Indian stock market indices are likely to open higher on Tuesday ahead of the presentation of Union Budget 2024 in the parliament today. The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 24,550 level, a premium of nearly 30 points from the…
Income tax Budget 2024: Finance Minister Nirmala Sitharaman will present her seventh Budget today, July 23rd. Expectations include a potential hike in standard deduction, relief in income tax rates, and an increase in Section 80C exemptions. Section 80C exemption Salaried persons can use Section 80C exemptions to reduce their taxable income by â‚ą1.5 lakh in…
Oil prices declined on Monday following President Joe Biden’s announcement that he would not pursue a second term, while investors speculated about potential U.S. interest rate cuts as early as September. By 1327 GMT, Brent crude futures had decreased by 68 cents, or 0.82%, to $81.95 per barrel. U.S. West Texas Intermediate crude futures dropped…
Finance Minister Nirmala Sitharaman is all set to present the Union Budget for 2024-25 on Monday, July 23. The Union Budget has been a key trendsetter for the Indian stock market, with the announcement being associated with market volatility. According to data available from the last ten years, the Indian market closed in a negative…
Mumbai: The government needs to explore options such as tax benefits to encourage individuals to keep more money in bank deposits, said Ashwini Kumar Tewari, managing director of State Bank of India, adding to the chorus on India’s worst deposit crunch in two decades. “We have to think through various things, what are the options….
