Budget 2024 LIVE: Income Tax Tweaks, Capital Gains- The Budget Highlights |Vantage with Palki Sharma

India Budget 2024 LIVE: Income Tax Tweaks, Capital Gains - The Budget Highlights | Vantage with Palki Sharma

Finance Minister Nirmala Sitharaman presented India's Union Budget 2024. One of the main highlights of the Union Budget was changes in the Income Tax Act. The government has ordered a review of the Income Tax Act. For those following the new income tax regime, the standard deduction has been hiked from 50,000 to 75,000. The government has also hiked the capital gains tax and abolished the angel tax for start-ups. Jobs and employment remain one of the main focus areas for the government. Palki Sharma tells you more.

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India | Budget 2024 | Union Budget 2024 | Narendra Modi | Nirmala Sitharaman | Budget Speech | Economic Survey | Income Tax | Capital Gains | Inflation | GDP | Employment | Tax Slab | Lok Sabha | NDA Govt | Stock Market | Budget Session | Monsoon Session | Firstpost | World News | News Live | Vantage | Palki Sharma | News

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Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.

The show is anchored by Palki Sharma, Managing Editor, Firstpost.

By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.

Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.
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[Xhero]

Hard-core middle class BJP supporters are now very disappointed with the Modi government and the reaction will affect the next election.

[rajans]

Today, Palki was at her best taking a hard dig at the central government and was quite overt in showing her disdain for this god forsaken budget. This government which had initially promised to abolish income tax is feeding on our blood. As rightly said, the whole lot of goons aka our politicians should have accountability.

[maninisable]

Our pain is very well highlighted Palki. We salaried are just working to pay taxes 😢 on our earning on our investing and no benefit in return

[taniyadutta]

19:10 The sarcasm is personal 😂😂😂 today

[krsvanan]

Sad to say, this budget is to save their government and " Not the people "_ 😢

[DharmYogi]

India has to do something about its population growth especially those who are just producing kids for converting India for there religion to become the majority. It slows down the growth of the nation and healthcare cost will go over the roof as many of the marriages are between cousins and close relatives which causes health and mental problems for the children being born. This is going to be a massive problem for Indian healthcare in the future.

[aparupghosh]

Sarcasm at its peak . Palki Sharma 💯💯💯💯

[luciferfallenangel]

Basically I'm an introvert.
I watch Palki daily to up my sarcasm game. Today I learnt new lessons.

[casubhadeepdey]

Thanks for raising your voice Palki. We the income tax payers are fed up now.

[bhojansx]

Chidambaram the corroupt king talking about tax😂

[sachin]

5000 is a joke 😂 not even gonna cover tea costs Indiaj youth are trolled

[shaktipatnaik]

Nonsense Govt.. See the Tax slab for yourself. Income tax 30%
Short term capital gain 20%
Long term capital gain 12.5%
Gst 28% & 18%
Entertainment tax 5%
Property tax 20%
Swach bharat cess 2%
When you buy a car after all deduction-
Gst on ex showroom 28%
Cess 22% (suv)
Roadtax 15%
TCS 1%
Gst on insurance 18%
Tax on petrol and diesel 130% approx
Toll tax 5%
Parking tax 2%
Pollution tax 0.5%
Bharat chalpadi hai urnati ke maarg mei..

[victoriaa]

Tax the ultra-rich at a much higher rate. Wealth gap is toxic for the society. Improve the infrastructure with that.

[TheSocialpolice]

The tax 'twice' that is paid by us is so well explained by you. Love the truth and sarcasm 'world renowned infrastructure' visual being broken bridges, flooded financial city. This budget sucks. Anything, we the tax payer do is taxed. horrendous!

[lijuvarghese]

If the government has decided to continue collecting tax twice in the form of TDS and GST, the tax payees should be treated well by this country. They should receive some social welfare based on their contributions made to the country. If TDS is collected and returns are filed appropriately, they should be exempted from GST. Some relief should be given to those who are greatly contributing to this country. They should not be treated as unwanted citizens after retirement.

[Piyushkuma-em]

There is only a slight change in the personal income tax slab, which will disappoint those who had pinned their hopes on no tax liability up to five lakh rupees. The economic package announced for Bihar and Andhra was anticipated, given the compulsions of coalition politics, but it is a blessing in disguise as both states receive a major infrastructural boost. The abolition of the angel tax is one shining light of this budget. Startups need funds most when they are vulnerable during the initial stages of development, and taxing those funds was both counterproductive and counterintuitive.

[abhay.uetube]

That's what I am saying from past many months we should ask governments for the accountability of our taxes how they spend what they do because its our money but thing that is happening here is many poor and middle class people think that they don't pay direct taxes so they are not eligible for question whatever government impose they should follow. we need #TaxTransparency.

[pragat]

I don't think Kamala has any chance to win

[hemantachandra]

Feeling irritated… when he said they worked for middle class

[gerakhushboo]

Can count on Palki to be a savage on issues that matter! Loved the sarcasm on budget ❤