Nirmala Sitharaman's budget, benefiting from 8.2% GDP growth, cuts the fiscal deficit, boosts infrastructure, and adjusts import duties. It raises long-term capital gains tax, abolishes angel tax, and includes corporate tax cuts, employment incentives, state funding, income tax standard deduction, tourism projects, buyback tax, flood protection, and highlights needed educational improvements.
Policy changes feature reduced gold customs duty, tax benefits for salaried individuals, job incentives, simplified FDI rules, fiscal consolidation, higher capital gains tax, costlier futures trading, and increased gold/real estate tax. Highlights include ease of doing business, MSME schemes, `11.1-lakh crore budget, luxury goods tax, TCS levy, infrastructure investment, high-end mobiles, employment schemes, and raised securities transaction tax.
The Prime Minister’s package of five schemes and initiatives to accelerate employment, skill development and other opportunities for 41 million youth over the next five years with a central outlay of Rs 2 lakh crore has the potential to increase households' purchasing power.
Designed to provide a level playing field for Indian ecommerce companies liable to local tax laws, the levy had grown to be a major point of contention between India and the US with several affected entities based there.
The paint stock reached a peak of Rs 679 on September 22nd, 2023, but subsequently experienced a decline, closing at Rs 526 on July 22nd, 2024, representing a drop of over 22%. Following its 52-week high, the stock faced downward pressure from bears. However, it found support above Rs 430 on June 4th, 2024, and initiated a recovery.
Mark Zuckerberg recently posted a picture of his desk setup on social media on the occasion of Facebook's 20th anniversary. However, there is something more than the desk setup that has caught the attention of millions of netizens. What's the real takeaway then?
The duration of our days is being impacted by the Moon's gradual drift away from Earth, according to recent studies. The history of the Moon and its effects on Earth have also been illuminated by discoveries and space research.
The British singer Charli XCX who released her music album titled ‘Brat’ in June 2024, termed the US Vice-President as a ‘Brat’. Being a ‘Brat’ is all positive and breaks many stereotypes and limitations enforced by the society. While it may seem to be an innocuous move by Harris to endorse the ‘Brat’ culture, there are political reasons too. There is a large section of the electorate which supports the meme culture.
Kamala Harris' parents, husband, and family details have become a topic of curiosity. We have all details.
