Fixed deposit investors may soon have a reason to celebrate as Finance Minister Nirmala Sitharaman makes an important announcement in the upcoming Union Budget for FY 2025-26. Expected announcements in the budget Tax exemptions for FDs : Tax relief on income generated from fixed deposits and shorter lock-in periods for tax-saving FDs. Funds for MSMEs and green initiatives : Specific …
The Union Budget 2023-24, which is all set to be presented on February 1, is coming at a time when major economies across the world are facing uncertainty and are, as per various agencies, likely to face recession this year. Their budget expectations in this regard is very high because this will be the last full budget of the incumbent …
The government will introduce a new model tenancy law to boost the fragmented rental housing market and has proposed further tax incentives in line with its continued effort to achieve the ‘Housing for All’ target by 2022, finance minister Nirmala Sitharaman said in her maiden Union Budget speech. The move by the government is likely to help streamline and boost …
Finance minister Nirmala Sitharaman will attend the two-day meeting of G-20 finance ministers and central bank governors in Japan beginning June 8, said a government official. The meeting of the finance ministers would also deliberate on issues like increasing protectionism and its implication on global growth and trade. In this context, the meeting deliberations would focus on surveillance of global …