February 1st 2025 will see the presentation of India’s Union Budget. The country’s financial blueprint will be presented in the Parliament by Finance Minister Nirmala Sitharaman. But what does this presentation process entail and how will the proceedings take place? What can be the major areas of focus in the Budget 2025? Here is a look at the Budget presentation process and probable areas of focus for this presentation.
30 January,2025 07:13 PM ISTAs the Union Budget 2025 approaches, the buzz around major economic reforms is louder than ever! Will the government ease the burden on taxpayers? What are the anticipated GST rate revisions that could impact daily expenses? In this video, we dive into the top pre-budget expectations, including Income Tax Rate Cuts, Housing Sector Boost and probable priority sectors. Take a look.
30 January,2025 12:30 PM ISTFinance 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 ISTThe Union Budget for 2025 will be presented by Finance Minister Nirmala Sitharaman on February 1. This is an important event for the common man, as it affects their everyday life. People expect the government to focus on their basic needs and improve their living conditions. Key areas of concern include affordable healthcare, better education, and more job opportunities. Tax relief for middle and lower-income groups is also a major expectation, along with subsidies for essential goods and services. People are looking for support for small businesses and farmers, as well as improvements in public infrastructure like roads and transport. In this vox pop segment, we spoke to the people of Mumbai to find out what they hope for in the upcoming budget.
29 January,2025 07:26 PM ISTMutual Funds are considered to be one of the most popular investment avenues. If you have been planning to invest in Mutual Funds and wondering about its implication on your taxes, worry not. In this episode of Money Matters, Kamal Jeswani - Certified Financial Success Coach talks about the implications on taxes of the Mutual Fund investments and the best ways to saves taxes through Mutual Funds. Take a look.
27 August,2024 06:35 PM ISTThe 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 ISTThe 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 ISTThe finance minister today announced the Union Budget 2024. When it comes to taxes, in her budget speech, she mentioned that the government’s focus is to simplify taxation. The Union Budget saw some major tax reforms, especially for the investors. However, the personal income tax was not untouched. While there were no surprises or shocks for the people opting for the old tax regime, there were two announcements made for those opting for the new tax regime. The reforms in the Capital Gains Tax Regime and the F&O trades sent the Nifty 50 and Sensex slumping. However, in a major boost to the startups, abolishment of the Angel tax comes as a bold move. Here are the major Tax reform highlights.
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