The last date for ITR filing is 31st July 2024 and if you are in the process of filing your returns, this video is just for you. Since the introduction of the New Tax regime, the key differences between the Old and the New tax regime has always been a major question on the taxpayer’s mind. Whether you're a seasoned taxpayer or just getting started, understanding these changes is crucial for making informed financial decisions. In this episode of Money Matters, CA Nitesh Buddhadev explains Old Tax vs New Tax regime and how you can switch between the two regimes.
26 July,2024 05:38 PM IST
The Union Budget 2024 was announced on 23rd July by Finance Minister Nirmala Sitharaman. While the budget touched upon varied sectors of priorities for the government, it has raised several questions for the middle class. Are the taxes simplified enough? Will the standard deductions given matter much? What should be the right approach to investing? In the episode of Money Matters, Certified Financial Planner and SEBI Registered Investment Advisor Kalpesh Ashar in conversation with Mid-day’s Katyayani Kapoor explains various aspects of personal finance related to this year’s budget. From the widening of the tax slabs, raising STT on F&O, and raising taxes on Capital Gains to the new pension scheme for minors, in this video Kalpesh Ashar busts the myth and explains how these reforms can impact you.
24 July,2024 07:05 PM IST
In a 1 hour and 25-minute budget speech, Finance Minister Nirmala Sithraman highlighted 9 priority areas namely - Agriculture, Employment, Inclusive Development, Manufacturing and Services, Urban Development, Energy, Infrastructure, Innovation and R&D, and Next Generation Reforms. The Union Budget saw some major tax reforms, especially for the investors and in personal taxes for the new regime taxpayers. When it comes to Education and Employment, several employment-linked incentive schemes for employees and employers have been announced. The MSME and the manufacturing sector has got a major boost too. There have been significant reforms in the Social Justice and Infrastructure segments too. Here is a peek into the Union Budget 2024 highlights.
24 July,2024 04:30 PM IST
Today on 23rd July, Finance Minister Nirmala Sitharaman announced her 7th Union Budget 2024 speech. The finance minister announced 9 priorities of the current government which included employment and skilling as one of the key areas of focus. Several employment-linked incentive schemes for employees and employers during her her speech. This encompassed supporting First-Time Job Seekers, Job Creation in the Manufacturing sector, Internship Schemes, Support to employers, Support for Working Women, and skilling and training. Here are the highlights of the planned initiatives to boost the employment generation in the country. What do you feel about these schemes for boosting employment in the country? Do let us know in the comments section below.
24 July,2024 01:21 PM IST
The last date of ITR filing 2024 is 31st July which is close. In all, there are 7 types of ITR forms that need to be filed according to the respective eligibility criteria. Filing the wrong form can lead to defective filing making your submission invalid. If you need clarification about what ITR form to file, worry not! In this episode of Money Matters, CA Nitesh Buddhadev explains ITR 1, 2, 3 and 4. Whether you're a salaried employee, a freelancer, or a business owner, this video will provide the clarity you need to choose the right ITR form and file your taxes with confidence.
24 July,2024 01:16 PM IST
The finance minister today announced the Union Budget 2024. When it comes to taxes, in her budget speech, she mentioned that the government’s focus is to simplify taxation. The Union Budget saw some major tax reforms, especially for the investors. However, the personal income tax was not untouched. While there were no surprises or shocks for the people opting for the old tax regime, there were two announcements made for those opting for the new tax regime. The reforms in the Capital Gains Tax Regime and the F&O trades sent the Nifty 50 and Sensex slumping. However, in a major boost to the startups, abolishment of the Angel tax comes as a bold move. Here are the major Tax reform highlights.
23 July,2024 06:20 PM IST
The Union Budget 2024 presentation is just days away. As Finance Minister Nirmala Sitharaman prepares to reveal the new fiscal plans, the developers and buyers from the real estate industry are filled with anticipation and hope for favourable policies and reforms. Will the Real Estate sector get Industry status? Can the GST rate cut of the construction material come as a surprise for the Real Estate developers? Will the home buyers get relief from the increase in the deduction limit for home loan interest rates? Will the budget incentivise new home buyers through reduced stamp duty? In this episode of Money Matters, Punit Agarwal, Co-Founder and CEO - Nirvana Realty in conversation with Mid-day’s Katyayani Kapoor discusses what the Real estate expects from the upcoming Budget on July 23rd.
18 July,2024 07:30 PM IST
The Union Budget 2024 is just days away from being presented in the Parliament. Finance Minister Nirmala Sitharaman will be presenting it on July 23, 2024. The session is set to run from July 22 to August 12. It is notable as it will be the first budget of Prime Minister Narendra Modi's third term and is expected to outline major economic priorities and policies for the next five years with a vision of “Viksit Bharat” by 2047. Notably, the finance minister held pre-budget consultations with industry stakeholders from June 20. In her address, Finance Minister Nirmala Sitharaman to a joint sitting of Parliament, said that major social and economic decisions will be a highlight. What can we expect? Watch the video to know more in this episode of What’s Next.
16 July,2024 07:22 PM IST
The Union Budget 2024 is expected to be announced on 23rd July this month. Finance Minister Nirmala Sitharaman will be presenting it in the parliament which is going to be impacting several industries and the Indian economy at a whole going forward. But only a few know that the preparation process is a culmination of various complex processes that involve immense consultations and discussions. From the Estimation, Pre-budget meetings, Consultation, the Halwa ceremony to the Presentation, Discussion and the President’s approval, in this video, we explore what goes into preparation and the passing of the Budget in India. Watch this video to get a peek into the process.
13 July,2024 07:00 PM IST
Mutual Funds Investing is one of the most popular options for investing. Be it for growing wealth or saving taxes, they have been one of the most sought-after by investors in recent times. But only a few know how to invest in the right ones. In this episode of Money Matters, Certified Financial Planner Kamal Jeswani in conversation with Mid-day’s Katyayani Kapoor, talks about what is mutual fund, how to invest, how to select and when to sell. No matter if you are a beginner who is looking to begin investing or you are already an investor looking to grow your wealth, this video will help you invest in the right way.
11 July,2024 01:14 PM ISTADVERTISEMENT
