[ad_1] Hardeep Singh Puri, the Union Minister for Petroleum and Natural Gas, on Saturday reitered the government’s commitment to compensating for losses incurred by Oil Marketing Companies (OMCs) and said this does not require a separate budgetary provision. Puri explained that his ministry can seek funds from the finance ministry when required and said oil […]
Budget 2025 Expectations Live Updates: Tata Tech calls for greater allocation for upskilling
[ad_1] Budget 2025 Expectations Live Updates: Congress general secretary Jairam Ramesh also emphasised the need for a Standing Committee to review wage rates and opposed the mandatory implementation of the Aadhar Based Payment Bridge System. Budget 2025 Expectations Live Updates: Ahead of the Union Budget, Tata Technologies emphasised the need for increased allocation toward upskilling […]
Budget 2025: US-India Tax Forum’s proposals to drive investment and growth – CNBC TV18
[ad_1] As India prepares for the Union Budget 2025, the US-India Tax Forum (USISPF) has submitted recommendations aimed at enhancing India’s economic competitiveness. These suggestions focus on investment, innovation, and sustainability, paving the way for India’s emergence as a global economic leader. Here’s a breakdown of the Forum’s key proposals. Simplifying direct taxation The USISPF […]
Budget 2025 expectations: Taxation reforms and policy changes for real estate sector – CNBC TV18
[ad_1] As India prepares for the Union Budget 2025, the real estate sector is hopeful for reforms aimed at stimulating growth, enhancing affordability, and ensuring sustainability. The sector is keen on policies that will address both the challenges faced by developers and the evolving needs of homebuyers. Here are some of the expectations from industry […]
Budget 2025 expectations: Tax relief for individuals and non-corporates – CNBC TV18
[ad_1] As Budget 2025 approaches, taxpayers and industry professionals are anticipating changes in the personal income tax regime. The Bombay Chartered Accountants’ Society (BCAS) has put forth key proposals aimed at addressing existing disparities and easing the tax burden on individuals and non-corporate entities. Lower tax rates for non-corporates and high-income individuals BCAS proposes lowering […]
Budget 2025: A look at proposed changes for income tax exemptions and savings – CNBC TV18
[ad_1] As the Union Budget for 2025 approaches, taxpayers and investors are anticipating measures that will ease financial burdens and encourage savings. Here’s a breakdown of the key expectations for the upcoming Budget: Rationalising personal income tax slabs Taxpayers expect the government to adjust income tax slabs, reducing the tax burden, especially at both the […]
Budget 2025: Nearly six months after income tax cuts, India’s middle class is no better off – CNBC TV18
[ad_1] Finance minister Nirmala Sitharaman widened the slab for zero income tax and increased the standard deduction for all taxpayers in the July 2024 Budget. The move was aimed at leaving more money on the table for consumption. Nearly six months later, India’s middle and lower-income households are spending less even on essentials. Company Value […]