Friday, March 29th, 2024

Tag: Budget 2023-24

Budget 2023: There will be no tax on buying e-gold by selling gold kept at home, the government has changed the rules

Highlights: Now capital gains tax will not have to be paid even after buying physical gold by selling e-gold. This step of the government is expected to increase investment in e-gold. Capital gains tax...

Now investing in foreign markets will be expensive, the government has increased TCS from 5% to 20% on buying stocks and mutual funds.

Highlights: Sending money out or investing in foreign markets will be expensive TCS proposed to be 20 percent Effect will be visible from July 1, 2023 New Delhi. Finance Minister Nirmala Sitharaman presented the...

Budget 2023: The budget of those earning from online games spoiled the ‘game’, now everyone will have to pay tax

Highlights: Some online gaming companies were keeping prize money less than the limit. Due to this, she was not coming under the purview of the provision of TDS. The mobile gaming industry will grow...

Budget 2023: Finance Minister fired scissors on fertilizer subsidy, reduced allocation by 22 percent

Highlights: The Center had kept a budget of Rs 1.05 lakh crore for fertilizer subsidy in FY23. The allocation was increased to Rs 2.25 lakh crore amidst the increase in the prices of fertilizers....

Budget 2023: Not only the heart, now the pocket will also burn cigarettes, the government has increased the tax, the rate will be expensive

Highlights: In the 2020 budget, the NCCD on cigarettes was increased from 212 per cent to 388 per cent. After this increase, the rate of low-cost cigarette packets was increased by 7 percent. Shares...

Budget 2023: Big blow on ‘insurance policy’ in the budget! Do not buy this policy if you want tax free returns

Highlights: Tax exemption will no longer be available on insurance policies with a premium of more than Rs 5 lakh. Income tax exemption is to be limited on income from insurance policies with higher...