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Tag: Finance Minister Nirmala Sitharaman

“The Budget is a Promising Step Towards Job Creation and Infrastructure Development,” Says Sky One Group Chairman Jaideep Mirchandani

The Union Budget presented by Finance Minister Nirmala Sitharaman on July 23, is particularly significant for Indias aviation sector because of its sharp focus on the generation of employment opportunities, investment in the maintenance, repair and overhaul (MRO) segment, along with infrastructure development. In order to promote domestic aviation, boat and ship MRO, the finance…

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Union Budget 2024: Real Estate Sector Responds to Strategic Investments and Opportunities Ahead

Finance Minister Nirmala Sitharaman announced Indias Union Budget for 2024-25, focusing on employment, skill development, support for MSMEs, and the middle class. This pivotal moment for Indias fiscal policy outlined the governments financial roadmap, with all eyes on the strategies and allocations shaping the countrys economic trajectory. Key highlights included targeted reforms, infrastructure investments, and…

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Budget 2024- According to FM Sitharaman, the new tax system will let taxpayers to save up to ₹17,500. Here’s how

Union Minister of Finance and Corporate Affairs Nirmala Sitharaman updated the income tax slabs under the New Tax Regime in Budget 2024, providing salaried taxpayers with significant savings. Income up to ₹3 lakh is exempt from taxation following the reorganisation of income tax bands. But after the adjustments from Budget 2024 take effect, the income…

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Budget 2024: Five Income Tax Changes That Citizens and Experts Anticipate

Budget 2024: The biggest question surrounding the government’s potential decision to lower taxes on middle-class citizens is whether Finance Minister Nirmala Sitharaman will address the budget in parliament today starting at 11 a.m. In an attempt to boost economic growth and relieve taxpayers at the same time, the finance minister will tread carefully. The middle…

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Budget 2024: Can FM Nirmala Sitharaman help salaried class by increasing standard deduction limit?

Taxpayers eagerly await Finance Minister Nirmala Sitharaman‘s maiden budget under Modi ‘3.0’ as Budget 2024 draws near. One much-awaited adjustment is the possible raise in the salaried individuals’ standard deduction ceiling, which is now set at ₹50,000. There are rumors that the Union Budget 2024 may include a moderate modification, possibly increasing the cap between…

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