by OverviewFX | Jul 24, 2024 | Budget
In the 2024 Budget, Finance Minister Nirmala Sitharaman announced the removal of the indexation benefit for property sales, significantly impacting individuals selling their properties. The indexation benefit previously allowed sellers to adjust the purchase price of...
by OverviewFX | Jul 24, 2024 | Budget
What was considered a bold bet, setting the fiscal deficit target of 5.1 per cent for FY25 during Interim Budget 2024 announcement, has further been trimmed to 4.9 per cent on Tuesday as Sitharaman presented the full Union Budget of 2024, the surplus RBI dividend,...
by OverviewFX | Jul 23, 2024 | Budget
Nirmala Sitharaman Finance Minister Nirmala Sitharaman on Tuesday presented the first Budget of Modi 3.0 government.The Union Cabinet headed by Prime Minister Narendra Modi met in Parliament to approve the Union Budget ahead of its presentation by the Finance...
by OverviewFX | Jul 23, 2024 | Budget
Union Budget 2024 updates: Union Finance Minister Nirmala Sitharaman on Monday, July 22, announced a significant allocation of ₹1.48 lakh crore in the Budget for FY25, focusing on education, employment, and skill development. This move underscores the...
by OverviewFX | Jul 23, 2024 | Budget
Finance Minister Nirmala Sitharaman announced that India’s capital expenditure (capex) outlay for the fiscal year 2025 will remain at Rs 11.11 lakh crore, same as the allocation made in February. This represents a significant increase from the previous year’s revised...
by OverviewFX | Jul 23, 2024 | Budget
Union Finance Minister Nirmala Sitharaman in her Budget speech on Tuesday announced that angel tax will be abolished for all investors.The announcement was made during the presentation of Budget 2024-25 in Lok Sabha.The Angel tax was introduced in 2012, intended to...
