Thu, Sep 26, 2024
The central government has announced it will borrow Rs 6.61 lakh crore from October to March, which translates to 47.2 per cent of its total borrowing target for FY25 as set in the Union Budget. These borrowings will be done through dated securities, and the program has been finalised in consultation with the RBI.
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Tue, Aug 06, 2024
Finance Bill 2024 Proposed Amendments: The central government has proposed amendments to the Finance Bill 2024 that offer taxpayers a choice for calculating taxes on real estate transactions. Under the new rules, individuals and Hindu Undivided Families (HUFs) who bought residential property before July 23 can choose between two tax options: 12.5 per cent without indexation (new tax regime) or 20 per cent with indexation (old regime). These changes will provide significant relief to taxpayers liable for long-term capital gains tax (LTCG) on land or buildings. Read on to know more.
Tue, Jul 30, 2024
Finance Minister's reply in Parliament on Budget 2024... She said, 'Budget to build stability... Developed India will be built by 2047'
Fri, Dec 15, 2023
In the budget-making process, the Ministry of Finance also seeks suggestions from industries, corporations, and the common man.
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