The Economic Survey 2024-25, tabled by Union Finance Minister Nirmala Sitharaman in Parliament on January 31, 2025, presents a comprehensive analysis of India’s economic performance and future outlook.
India's GDP is projected to grow between 6.3% and 6.8% in FY26, with real GDP estimated at 6.4% in FY25. Capex growth, easing inflation, and rising exports signal economic resilience. The Economic Survey 2024-25 highlights key reforms, infrastructure investments, and financial stability driving growth.
The Union Budget for 2025 will be closely watched by businesses, individuals, and various sectors for several key aspects. While predictions can vary, here are a few general expectations from the upcoming budget based on ongoing trends, economic indicators and previous years' patterns
The Union Budget will be presented soon, and everyone is eagerly waiting for the finance minister's announcements. But why do people place so much importance on the budget? Does it really impact an individual's financial planning?
On 1st February 2025, we expect this Union Budget 2025 will bring several amendments to the Income-tax Act, 1961, aiming to simplify provisions, reduce compliance burdens, and ensure equitable taxation.
As the Union Budget 2025 approaches, several key expectations have emerged across various sectors
This article outlines the key tax issues faced by NRIs and suggests practical solutions for the upcoming budget. By addressing these concerns, the government can foster fairness and encourage NRIs to participate more actively in India's economy.
The Budget 2024 introduces significant updates to TDS (Tax Deducted at Source) provisions, effective October 1, 2024. These changes are designed to streamline tax administration and adjust rates across various categories.
The recent announcement by Finance Minister Nirmala Sitharaman to abolish the so-called "Angel Tax" has been widely welcomed by the startup ecosystem. Before celebrating, it's essential to understand what this move means, its benefits and any potential downsides.
BUDGET 2024 FOR SENIOR / SUPER SENIOR CITIZENS