Budget 2024 Highlights
Posted on Friday, September 20th, 2024 |
Budget Day in India is highly anticipated, with businesses and the public keen to see the new schemes and initiatives. This year, due to elections, Budget 2024 was announced later than usual, on February 1. The Finance Minister presented the Final Budget on July 23, 2024, emphasizing employment, skilling, MSMEs, and the middle class. The…
Read moreWhy Fixed Deposits are a Smart Investment Amidst Rising Capital Gain Taxes Budget 2024
Posted on Friday, September 20th, 2024 |
With the recent increase in effective capital gain taxes, investors are seeking stable and secure investment options. Fixed Deposits (FDs) have long been favoured for their guaranteed returns and low risk. In the current financial landscape, they have become even more attractive. Here’s why Fixed Deposits are a good investment choice now. Benefits of Fixed…
Read moreUnion Budget 2024: Top Takeaways for Salaried Employees
Posted on Friday, September 20th, 2024 |
During the Monsoon Session of Parliament, the Finance Minister, Nirmala Sitharaman, presented the Union Budget for 2024–25. She became the first finance minister to deliver seven consecutive budget speeches, surpassing former Prime Minister Morarji Desai’s record of six consecutive budgets from 1959 to 1964. In her seventh budget, Sitharaman focused on boosting economic growth and…
Read moreOld vs New Regime Tax Rates FY 2024-25 & AY 2025-26
Posted on Thursday, September 19th, 2024 |
Understanding the income tax slab rates is essential for every taxpayer. For the financial year 2024-25, the Government of India has outlined distinct tax slabs under both, the old and new tax regimes. This article provides a comprehensive overview of these slabs, helping you make informed decisions about your tax planning. What Changes Were Announced…
Read moreDifference Between Liquid Funds and Fixed Deposits
Posted on Wednesday, July 31st, 2024 |
In India, FDs and liquid funds are the top investment choices. FDs offer guaranteed returns, a safe bet for cautious investors. Liquid funds attract those seeking short-term investments with higher returns. This guide explains FDs and liquid funds, benefits, and key differences. If you find it difficult to decide between safety and returns, this guide…
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