Your Cheatsheet For Budget 2024: Key Priorities & Pillars For The Finance Minister | Explained

The upcoming budget of the NDA 3.0 will be the most crucial for the Government. With fewer numbers in the LS this time, the FM will pull out all guns from her budget folder to cater to the 5 main categories.
The interim budget presented in February this year had 4 pillars. In July There could be 5: Women, Poor, Youth, Farmers & The middle class.

Tax incentives, job and education boosting schemes, to women and poor development could be the focus areas of the new Government.

#budget2024 #nirmalasitharaman #narendramodi #news #budgetexpectations #parliament #sharemarketnews #stockmarket #stocks #sharemarket #incometax #itr

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[guharup]

let me guess- more taxes for the salaried? sorry I mean 'rationalised' taxes, always upwards?

[sudhir]

If tax are scrapped middle class and poor family will able to live a happy life

[madhanks]

Focus will be on how to improve asset for aadani and ambani...any surprise in that? Waiver corporate loans and get the commission via electoral bonds...simple...

[sunilkumarpatnaik]

IT relaxation for Middle Class families. ... New New Railway Factories. ..New 2nd AIIMS information Odisha.

[NareshGV]

How to get more money from taxes and GST

[souvikdas]

flashy and colorful words and hidden inside more taxes and rising prices

[carlover]

What the heck modi govt do last 10 years .... Only building temple and statue Middle class people is struggling to leave due to inflation

[YAo-qmfe]

It may also be the same for the rich not general public

[mkcreation]

India is needed 60% of youth unemployment that is the Modi 3.0 this is also ya modified degree India's GDP also

[ALIYYILA]

Tax... Tax... And Tax...
And, loan waivers to kith and kin....
Right?

[anilmohapatra]

I think tax rate will be increased to 100%

[thulasiv]

Nothing will be in budget regarding income tax. For the past saving limit is1.5 lakhs SD is 50000 limit is 2.5 lakhs. Waste.

[snoopysnoopy]

Unskilled and focus should in the growth of every Indian economy failure budg

[maryclara]

First bihar, Assam, need help, look out that Modi ji, still saying u scored less marks to the opposite side stop that, education tax we can't pay so our children will not study ur employment problem is solved 🙏🙏🙏, next budget u people are sacking our blood again one price will come down and two three will increase, we have won world cup ok why so many amount to them ji all the players are poor 😠😠😠 they have lots, use that amount where it's needy again we the people's money is wasted and in next budget pls don't increase food items 🙏🙏🙏😞😞 we like to live with our family 😊😊😊

[mkcreation]

4.7 GDP it is a degree India how is it going to 2000 2014 July budget it is a it is a crucial for these also it is a waste waste birthday party Modi 3.0

[NaveenArur]

"pull out all the guns"? seriously? who writes these scripts

[gvvskm]

Simple saral regime
One ITR - One Nation
No multiple sections

exemption income limit: 10lk

10-15lk: 2%
15-20lk: 4%
20-25lk: 6%
25-30lk: 8%
30-40lk: 10%
40-50lk: 12%
50-75lk: 14%
75lk-1cr: 16%
1cr & above: 20%

Market Capital gains (LTCG+STCG):
exemption gains: 3lk
3-5lk: 2%
5-10lk: 4%
10-20lk: 6%
20-35lk: 8%
35-50lk: 10%
50-75lk: 12%
75lk-1cr: 14%
1cr & above: 20%

Land & Gold capital gains (LTCG+STCG):
~20lk: 1%
~40lk: 2%
~60lk: 3%
~80lk: 4%
~1cr: 5%
1-5cr: 8%
5-10cr: 10%
10cr & above: 20%


Agriculture income tax:
Farmers/general people:
~5acres: 1%
~10acres: 2%
~15acres: 3%
~20acres: 4%
~25acres & above: 5%

for politicians & govt. officials: 10% tax on agriculture income.