Budget 2024 Highlights | 23rd July 2024 | Parimal Ade

Promo Code: BUDGET (50% Discount on Individual model Portfolios)

00:00 Start
00:42 Change in LTCG & STCG
03:30 Standard deduction hiked
05:00 Spending Capex
05:46 Fiscal deficit target
06:00 Custom duty changes on Gold & Platinum
06:30 Agriculture and Rural Development
07:09 Employment welfare
08:11 Conclusion

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[The_Rock]

Bakwas budget. STCG increased from 15% to 20%. LTCG increased from 10 to 12.5% .This FM doesn't want investors to earn money. Market rejected budget.

[shivamdixit]

The only way to earn money is now become a farmer and pay no tax .

[souvikc]

Tax terrorism continues. I kind of expected lower LTCG and abolish IT till 10 LPA earnings.

[prashant]

It shows the mentality of govt. From 0 to 10% to 12.5 % within 5 year. After 10-15 year, this could be 20 to 25%. 😢

[AmitKumar-wlnq]

govt planning to earn like retail invester from stock market, ,sarkar bhi lootna chahti hai, this is the reason why indian capital market has only 7-8 % participation from retail

[hiteshmakhija]

Worst Finance Minister of India. Shame on this govt. This is not the government of the people, by the people and for the people. Salaried class is totally screwed up 😢

[Anand]

The day is not far when LTCG would be more than the corporate Tax. Govt just wants to make money and distribute to to its allies ( Bihar and Andhra)

[abperson]

Summary 1. LTCG on equity shares increased from 10 to 12.5 and short term capital gains increased from 15 to 20% with effect from today. 2. Standard deduction increased from 50000 to 75000 only for new tax regime assessees. 3 Fiscal deficit target 4.9% for this financial year and targeted to 4% for the next financial year. 3. Imports duty on gold reduced form 10 to 6% 4. Women, farmers, rural sector empowered and provided additional funds. 5. For new apprenticeship first month salary can be used form the ESR contribution.

[shivprakashchivati]

Eventually LTCG will be incresed till 25%.. They want to do it gradually...😢

[ChinmayDhake]

This is a very bad budget, increasing the LTCG at these immature stage in our country's capital market journey in very disheartening.

[zzzz]

Govt is taking all money from investors

[Rajkumarhz]

Very bad budget, is aunty ko koi hatao yr

[rajendrakale]

Budget not good for middle class. The maximum tax rates for individual should be at par with corporates @25% instead of existing 30%. Sec.80C investment ceiling has not increased, Housing Loan interest exemption not increased.

[lokeshvigil]

This guy is totally a genuine Bhakt 😂😂

[kr]

Mrs Sitaraman never thinks abt middle class ...short time tax is bothering...

[AmitKumar-wlnq]

what a silly step, ,decreasing import duty on unproductive asset ie gold and platinum

[themathmute]

सर जिसका डर था वही हो गया।
Ltcg = 12.5%
Stcg = 20%
😢😢😢😢😢😢

[devendersingh]

Pl be clear, LTCG has been increased from 10 to 12.5%, this will be 25% more tax, it is huge

[Deo-pf]

स्वत काही न करता दुसऱ्याचा पैसा कसा हे फक्त यांच्या टयूशन मध्ये शिकता येईल, , , याचा उत्तम नमुना बजेट

[pravinsinghrajput]

Very Very Bad Budget.
Discouraging for
Investors,
Traders,
Bank Fund Depositors.
How can bank savings go up when govt is charging IT on Interest earn by Depositors.
0 encouragement for Individual Income Tax Payers.
Not Expected.
2.5/10 *