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Section 80C deduction in Budget 2024: Will the government increase Section 80C limit under the old income tax regime in Budget?

Many taxpayers choose the section 80C benefit as their preferred tax-saving option. Under section 80C of the Income Tax Act, 1961, individuals can avail...

Budget 2024 should hike savings account interest deduction to Rs 50,000 from Rs 10,000

The upcoming interim Union Budget on February 1, 2024, would be a vote-on-account before the 2024 general elections. While the finance minister may not...

TDS at 1% pushing crypto investors to grey market: Will Budget 2024 reconsider it?

Virtual Digital Assets (VDAs) such as crypto, Non-Fungible Tokens (NFT) are encrypted digital holdings on blockchain. Chainalysis' 'Global Crypto Adoption Index' (2023) also suggests...

Interim Budget 2024 could ease tax burden of homebuyers via these benefits

The Income-tax Act, 1961 (Act) provides certain benefits to home buyers if they have taken a home loan for buying house property. These benefits...

Budget boost for infra: Decoding the impact of sector-specific announcements

Nirmala Sitharaman's announcements bode well for infrastructure as a whole, here's a look at how to read the impact. >> For more such web...

Sensex jumps 400 points, Nifty near 17,800 ahead of Union Budget

Anticipating a pro-growth Budget by Nirmala Sitharaman this morning and shrinking of interest rate hikes by US Federal Reserve later in the night, Sensex...

Rs 30,000 crore-selloff: FIIs in exit mode in January; will Budget reverse the trend?

After being net buyers in the last two months, foreign institutional investors or FIIs have been on a selling spree in January and have...

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