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Sairaj Kadam

Stealth • 4m

After a long time. Back to Reality: The Budget's Hidden Cost "Hidden Costs of the New Tax Regime" Everyone's talking about the lower tax slabs in the new income tax regime. But has anyone considered the long-term implications? By drastically reducing deductions and exemptions, the government is subtly shifting the tax burden to individuals. This means less disposable income over time and a potential hit to savings and investments. It's a trade-off that needs more discussion. Many felt that the budget did not adequately address the rising cost of living and the increasing tax burden on the middle class. While there were some measures announced, critics argued that they were insufficient to provide significant relief. Such as 👇 × Insufficient focus on job creation: Many felt the budget did not adequately address the unemployment crisis. × Concerns over fiscal deficit: Some experts expressed worries about the government's ability to meet its fiscal deficit targets.

0 replies5 likes

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Ashutosh Mishra

Stealth • 5m

Income Tax Old Regime vs New Regime All individuals should calculate their income according to both the old regime and the new regime. Thereafter, they should choose the scheme that results in lower taxes.

1 replies5 likes

Inactive

Stealth • 5m

The Union Budget 2024 is set to be presented on July 23, 2024. "Morgan Stanley" expects the fiscal deficit target to be retained at 5.1% of GDP in F2025 and to reach 4.5% of GDP by F2026. The stock market tends to fall 80% of the time in the 30 days

4 replies5 likes

Hawk
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Medial • 5m

Was it a Budget of expectations? The Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman introduced changes to the income tax regime, for salaried employees & those opting for the new tax regime. 1. Standard Deduction Increase: T

20 replies52 likes

Sumangal Bose

Stealth • 5m

Most important financial news of this week related to Indian Economy. ¶° India’s fiscal deficit for April-May stood at Rs 50,615 crore or 3% of the total estimated fiscal deficit for the entire financial year. ¶° India’s infrastructure output ros

0 replies2 likes

Anonymous

Stealth • 7m

During a BSE event held in Mumbai on Tuesday, Finance Minister Nirmala Sitharaman faced tough questions from a stockbroker regarding the heavy taxation regime in India. A video of Sitharaman facing criticism from a stock market broker has gone viral.

0 replies6 likes

Sairaj Kadam

Stealth • 5m

Hey Medial fam! Budget day is almost here! Are you guys pumped for the announcements on July 23rd? Finance Minister Sitharaman is rumored to be unveiling some game-changing measures. What are you hoping to see addressed in the Union Budget?

0 replies11 likes

Prem Siddhapura

Stealth • 1m

**Tax Revenue Hits Record Highs** 📈 The government’s net direct tax collection, post-refunds, surged 15.4% to ₹12.3 lakh crore between April and November 10, 2024. Gross collections also saw a robust 21.2% increase, reaching ₹15.02 lakh crore. 💰

0 replies3 likes

Anonymous

Stealth • 5m

Budget 2024: 🔴‼️ In a significant blow to Futures and Options (F&O) traders, Finance Minister Nirmala Sitharaman declared raising the STT rate from 0.01 percent to 0.02 percent. So, after implementing this budget proposal equity and index traders

0 replies5 likes

Lavish Agrawal

Stealth • 5m

HELLO MEDIAL PEOPLES **Budget 2024: The Real Game of Thrones** 🚨💰 **BREAKING: The Battle of the Budget!** 💰🚨 The Budget 2024 has dropped, and it's like the season finale of Game of Thrones! 🎬 From tax cuts to new policies, everyone’s got som

0 replies2 likes

Anonymous

Stealth • 5m

The Department for Promotion of Industry and Internal Trade (DPIIT) has requested the government to remove the angel tax on startups ahead of the upcoming Budget. "We had recommended this in the past as well," DPIIT Secretary Rajesh Kumar Singh sai