Budget expectations: Income tax benefits, support to women entrepreneurs An increase in income tax exemption limits, support to women entrepreneurs, a long-term taxation policy and steps to boost consumption and savings are among the expectations of experts from the interim budget which will be presented by Union Finance Minister Nirmala Sitharaman on February 1 ahead of Lok Sabha elections. They ...

13 ways the FM can simplify matters for income tax payers in interim Budget 2024: CII [ad_1] The Interim Budget 2024, will be presented by the finance minister, Nirmala Sitharaman, on February 1, 2024. As always, all quarters of the economy has certain expectations from the Budget. A few key steps that would help to rationalise and simplify taxes are ...

Extend last date to file revised ITR for foreign tax credit in Budget 2024: View [ad_1] Tax laws require taxpayers to file income tax returns (ITR) declaring their accurate income to tax. If there is any error or omission in the ITR, tax laws permit a revision of tax return within a specified time without paying any penalty. This is ...

RBL Bank targets 20% loan growth over next two financial years: CEO “We are trying to get into areas which are futuristic … and have a better management of the capital,” R Subramaniakumar told Reuters in an interview

Govt, RBI actively working on CBDC to enable cross border payment: FM RBI has already rolled out a pilot in the retail version of CBDC or the e-rupee on December 1, 2022. The e-rupee is in the form of a digital token that represents legal tender

Commercial bank credit up 16.02% till January 12, shows RBI data Sequentially, it grew by 0.09 per cent over the previous fortnight ended December 29, 2023. The outstanding credit stood at Rs 154.04 trillion as of January 12, 2024, according to RBI data

Fund review: ICICI Pru Bluechip fund Fund review: ICICI Pru Bluechip fund

Income tax laws need to recognize more cities as metros for HRA tax exemption: Will Budget 2024 include these? [ad_1] Tax sops, enhanced benefits, rebates – the list of expectations from the Budget is never ending. The fact that this year we’ll first have the vote-on-account does not change anything for the taxpayer. They are hoping for announcements that will ...

Bank credit expansion projected at 15% in FY24, 12% in FY25: ICRA Rating agency Icra on Wednesday revised upward its bank credit growth projection at 14.9-15.3 per cent this fiscal, but said the same will lose steam and grow at 12 per cent next fiscal. At 14.9-15.3 per cent, the system level credit expansion in absolute terms will be Rs ...

Budget 2024 should hike savings account interest deduction to Rs 50,000 from Rs 10,000 [ad_1] The upcoming interim Union Budget on February 1, 2024, would be a vote-on-account before the 2024 general elections. While the finance minister may not make any major announcements, a few measures to provide interim relief to taxpayers, can be expected.One of the most common financial ...