February 1, 2024 09:54 AM Parliament Budget Session Live: Government kept inflation under control despite global crisis President Droupadi Murmu said, “In the past years, the world witnessed two major wars and faced a pandemic like Corona. Despite such global crises, my government kept inflation under control in the country and did not let the …
January 16, 2025 04:50 PM Union Budget 2025 Live Updates: Angel One’s Coverage Begins Welcome to Angel One’s everyday developments on the economy, stock market, and taxation ahead of Union Budget 2025. Get insights on the latest events and expectations right here. January 16, 2025 04:50 PM Union Budget 2025 Live: When FM Nirmala Sitharaman …
As the Union Budget 2025 approaches, anticipation is building around potential tax reliefs, especially for those earning up to ₹15 lakh annually, and updates on cryptocurrency policies. This year’s Budget may include provisions aimed at supporting the middle class, youth, and farmers. A major point of interest is whether it will live up to the …
The Indian pharmaceutical and healthcare industries are optimistic about Finance Minister Nirmala Sitharaman’s upcoming Union Budget 2025. Their wish list includes increased healthcare spending, tax cuts for research and development (R&D), and support for infrastructure growth to drive innovation and accessibility. Boosting Research and Development Industry leaders are urging the government to prioritise R&D support, …
The government is expected to introduce the Insurance (Amendment) Bill in the Budget 2025 session, aiming to allow 100% FDI (foreign direct investment) in the insurance sector. This follows the 2021 reform that raised the FDI limit from 49% to 74%. Key Proposed Amendments The Bill aims to bring significant changes to the insurance industry, …
The Confederation of Indian Industry (CII) has presented a 10-point agenda to the government ahead of Budget 2025. The recommendations focus on reducing the compliance burden, simplifying regulatory processes, and enhancing transparency to improve the ease of doing business in India. Key Recommendations by CII 1. Streamlined Regulatory Approvals CII suggests that all regulatory approvals …
Private sector employees covered by the Employees’ Provident Fund Organisation (EPFO) have been pushing for an increase in their minimum pension, which is currently set at ₹1,000 per month. After years of campaigning, a delegation of EPS-95 pensioners met Finance Minister Nirmala Sitharaman on January 10 to ask for a raise to ₹7,500 per month, …
The Institute of ICAI (Chartered Accountants of India) has suggested to the Indian government that married couples should be allowed to file their income tax returns (ITRs) jointly under the New Tax Regime in the upcoming Budget 2025. This proposal aims to provide relief to families with a single earning member and reduce tax evasion. …
In the latest Budget 2024 announcement, a significant change has been proposed that affects how we calculate long-term capital gains on property, gold, and other unlisted assets. The Finance Bill, presented in Parliament on Tuesday, suggests removing the indexation benefit that is currently available for these assets. Simplifying Capital Gains Computation The government states that …
On Tuesday, July 23, Finance Minister Nirmala Sitharaman presented the Union Budget 2024 for the seventh time. The budget document included Part B, read along with the Finance Bill, 2024, highlighting the government’s tax proposals. The amendments in direct taxation captured the attention of investors due to significant tax reforms, such as a substantial hike …
