Finance Minister Nirmala Sithraman said in the Parliament on Wednesday that the primary aim of the Union Budget for 2024-25 is to simplify the tax regime and ensure equitable treatment of all asset classes, as she confirmed the relaxation of the real estate indexation rules.
Professionals' Congress chairman Praveen Chakravarty said that the two options for individuals was a welcome move and this would help 7 crore taxpayers population in getting rebates while filing their income tax returns.
The Centre on Tuesday informed that it collected nearly Rs 98,681 crore from long-term capital gains (LTCG) tax in FY23, a nearly 15 per cent growth from Rs 86,075 crore in FY22.
The mutual funds industry does not see any reduction in the inflows of funds after the proposal of long term…
In a bid to allay fears on the blood bath in the stock market, Finance and Revenue Secretary Hasmukh Adhia…
In a rare display of speedy resilience stock market indices took the Finance Minister Arun Jaitely’s budget announcement imposing 10…
