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Budget Session 2025: President Droupadi Murmu reaches Parliament in ‘buggy’

Budget Session 2025: President Droupadi Murmu reaches Parliament in ‘buggy’

Ahead of the Budget Session 2025, President Droupadi Murmu arrived in the Parliament for the session. Elite Guards escorted the President to the Parliament. The Finance Minister, Nirmala Sithraman will table the Economic Survey today and then both Lok Sabha and Rajya Sabha will convene briefly after the President's address. The Budget will be presented by the Finance Minister tomorrow on 1st February.

31 January,2025 12:10 PM IST
Union Budget 2025: How is the Budget prepared and passed in India?

Union Budget 2025: How is the Budget prepared and passed in India?

The Union Budget 2025 will be announced on 1st February. The process of preparing and passing this budget is an intricate one. It begins with the groundwork by the Ministry of Finance, consultations with stakeholders, and data analysis and goes through multiple stages of drafts, approvals and voting stages in the Lok Sabha and Rajya Sabha. Here is a roundup of how the Budget is prepared and passed in India. 

30 January,2025 12:29 PM IST
Budget 2025: What is Direct Tax Code? Will it replace the Income Tax Act 1961?

Budget 2025: What is Direct Tax Code? Will it replace the Income Tax Act 1961?

Finance Minister Nirmala Sitharaman in her July 2024 Budget speech announced a comprehensive review of the Income Tax Act 1961. She had also announced that a new tax system would eventually be introduced to make the tax concise and easy to understand. Will the Direct Tax Code replace the Income Tax Act 1961 this Budget 2025? But what is Direct Tax Code, or DTC? Here is all you need to know.  

30 January,2025 12:29 PM IST
ITR Filing: Never make these mistakes while filing Income Tax returns

ITR Filing: Never make these mistakes while filing Income Tax returns

ITR(Income Tax Return) filing correctly is crucial for financial health and compliance. The last date for ITR filing if 31st July 2024. If you are navigating through this process currently, this video is just for you. In this episode of Money Matters, CA Nitesh Buddhadev guides you through the essential steps to ensure a hassle-free ITR filing experience. Whether you're a first-time filer or looking to refine your process, this video offers valuable tips to simplify ITR filing and stay on top of your tax obligations. Learn about common mistakes to avoid.

27 July,2024 11:00 AM IST
ITR Filing: Old vs New Tax Regime - Which is better and How to switch regime?

ITR Filing: Old vs New Tax Regime - Which is better and How to switch regime?

The last date for ITR filing is 31st July 2024 and if you are in the process of filing your returns, this video is just for you. Since the introduction of the New Tax regime, the key differences between the Old and the New tax regime has always been a major question on the taxpayer’s mind. Whether you're a seasoned taxpayer or just getting started, understanding these changes is crucial for making informed financial decisions. In this episode of Money Matters, CA Nitesh Buddhadev explains Old Tax vs New Tax regime and how you can switch between the two regimes.

26 July,2024 05:38 PM IST
ITR Filing 2024: Which ITR form to file? ITR 1 vs ITR 2 vs ITR 3 explained

ITR Filing 2024: Which ITR form to file? ITR 1 vs ITR 2 vs ITR 3 explained

The last date of ITR filing 2024 is 31st July which is close. In all, there are 7 types of ITR forms that need to be filed according to the respective eligibility criteria. Filing the wrong form can lead to defective filing making your submission invalid. If you need clarification about what ITR form to file, worry not! In this episode of Money Matters, CA Nitesh Buddhadev explains ITR 1, 2, 3 and 4. Whether you're a salaried employee, a freelancer, or a business owner, this video will provide the clarity you need to choose the right ITR form and file your taxes with confidence.

24 July,2024 01:16 PM IST
Union Budget 2024: All you need to know

Union Budget 2024: All you need to know

The Union Budget 2024 is just days away from being presented in the Parliament. Finance Minister Nirmala Sitharaman will be presenting it on July 23, 2024. The session is set to run from July 22 to August 12. It is notable as it will be the first budget of Prime Minister Narendra Modi's third term and is expected to outline major economic priorities and policies for the next five years with a vision of “Viksit Bharat” by 2047. Notably, the finance minister held pre-budget consultations with industry stakeholders from June 20. In her address, Finance Minister Nirmala Sitharaman to a joint sitting of Parliament, said that major social and economic decisions will be a highlight. What can we expect? Watch the video to know more in this episode of What’s Next.

16 July,2024 07:22 PM IST
Maharashtra Budget 2024: Here are the key highlights

Maharashtra Budget 2024: Here are the key highlights

On 28th June, The Maharashtra Budget 2024-25, presented by Deputy Chief Minister and Finance Minister Ajit Pawar, focused on infrastructure, welfare, and sustainable development. Ajit Pawar, who holds the finance portfolio, said in his budget speech in the assembly that various schemes for nutrition, health, education, entrepreneurship as well as skill development and employment will be effectively implemented for women and girls to get equal rights and status in social, administrative and political spheres. Here are some key highlights from the same.  

29 June,2024 06:03 PM IST
How to start investing for beginners? Basics of Investing and mistakes to avoid

How to start investing for beginners? Basics of Investing and mistakes to avoid

Beginning an investment journey can be daunting for many and if you have been wondering on how to start investing for beginners, worry not - we have got you covered. In this episode of Money Matters, Mid-day’s Katyayani Kapoor speaks to Kalpesh Ashar - SEBI Registered Investment Advisor and Financial Planner on the basics of investing, different modes of investing, saving vs investing, risk management in investments and the strategy for building a good investment portfolio. Kalpesh busts investing myths and shows the right way to kick-start the investment journey. If you are a beginner in investing and taking your baby steps into the world of investing, this video on the beginner guide to investment is just for you.

25 June,2024 06:30 PM IST
FM Nirmala Sitharaman Questions Congress In Lok Sabha About The MoU Signed

FM Nirmala Sitharaman Questions Congress In Lok Sabha About The MoU Signed

Union Finance Minister Nirmala SItharaman went all guns blazing against the Congress in Lok Sabha highlighting the 2008 MoU signed between Congress during the UPA government and with Chinese Communist Party, details of which remain secret till now. Demanding answers, the Finance Minister cornered Congress. 

10 February,2024 01:37 PM IST | Mumbai

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