CA Sakchi Jain Instagram – Here are some more key updates:
📍 The standard deduction has only been increased in the new Tax Regime!
📍 STT on Futures and Options: Security Transaction Tax (STT) on futures increased to 0.02% and on options to 0.1%.
📍 Education Loan Support: Loans up to ₹10 lakh for higher education with e-vouchers for 1 lakh students annually, offering a 3% interest subvention.
📍 PM Awas Yojana: Increased funds for affordable housing, aiming to provide housing for all by 2024.
📍 MSME Credit Guarantee: New scheme introduced to support MSMEs in the manufacturing sector.
📍 Enhanced Mudra Loans: Loan limit increased to ₹20 lakh for successful previous borrowers.
This was the seventh budget by our Finance Minister Nirmala Sitharaman. There are other changes too, but what do you think of this year’s budget? Please share your thoughts in the comments below.
[Budget 2024 Highlights, Budget 2024 Summary, Nirmala Sitharaman Budget 2024, Income Tax Changes Budget 2024, Capital Gains Tax Budget 2024, CA Sakchi Jain]
#budget2024 #nirmalasitharaman #incometaxchanges #capitalgainstax #financialupdates | Posted on 23/Jul/2024 21:10:03
