The Union Budget 2024 was announced on 23rd July by Finance Minister Nirmala Sitharaman. While the budget touched upon varied sectors of priorities for the government, it has raised several questions for the middle class. Are the taxes simplified enough? Will the standard deductions given matter much? What should be the right approach to investing? In the episode of Money Matters, Certified Financial Planner and SEBI Registered Investment Advisor Kalpesh Ashar in conversation with Mid-day’s Katyayani Kapoor explains various aspects of personal finance related to this year’s budget. From the widening of the tax slabs, raising STT on F&O, and raising taxes on Capital Gains to the new pension scheme for minors, in this video Kalpesh Ashar busts the myth and explains how these reforms can impact you.
12 September,2024 12:20 PM IST
Finance Minister Nirmala Sitharaman responded to Rahul Gandhi’s criticism of the traditional 'halwa' ceremony, which takes place before the Union Budget is announced. Gandhi had made fun of the ceremony, calling it "budget ka halwa," and criticized the event for not including diverse groups like Dalits, OBCs, and Adivasis. He pointed out that these communities were missing among the participants. Sitharaman defended the ceremony during a lively debate in the Lok Sabha on July 29. She addressed Gandhi’s comments, explaining the ceremony’s importance and responding to his concerns about diversity. Her reply aimed to clarify the purpose of the ceremony and counter Gandhi’s critique. Watch video for more.
31 July,2024 01:36 PM IST
Union Finance Minister Nirmala Sitharaman on July 27, refuted West Bengal Mamata Banerjee’s claims that her mike was put off during the NITI Aayog meet. While speaking to ANI, she accused TMC supremo of building a ‘narrative based on falsehood’. "CM Mamata Banerjee attended the Niti Aayog meeting. We all heard her. Every CM was given the allotted time and that was displayed on the screen which was present before every table...She said in the media that her mic was put off. That is completely false. Every CM was given their due time to speak...It's unfortunate that the chief minister of West Bengal, Mamata Banerjee has claimed that her mic was switched off which is not true...She should speak the truth behind this rather than again build a narrative based on falsehood," Nirmala Sitharaman
27 July,2024 08:28 PM IST
In a 1 hour and 25-minute budget speech, Finance Minister Nirmala Sithraman highlighted 9 priority areas namely - Agriculture, Employment, Inclusive Development, Manufacturing and Services, Urban Development, Energy, Infrastructure, Innovation and R&D, and Next Generation Reforms. The Union Budget saw some major tax reforms, especially for the investors and in personal taxes for the new regime taxpayers. When it comes to Education and Employment, several employment-linked incentive schemes for employees and employers have been announced. The MSME and the manufacturing sector has got a major boost too. There have been significant reforms in the Social Justice and Infrastructure segments too. Here is a peek into the Union Budget 2024 highlights.
24 July,2024 04:30 PM ISTADVERTISEMENT
