|
The budget aims to balance fiscal discipline, infrastructure growth, and middle-class support. It highlights a target to reduce the fiscal deficit, increase capital expenditure, and overhaul the new tax regime to boost consumption. The focus on growth with fiscal prudence is set to enhance economic prospects.
Category:
News and Media
First, the budget. It can be dissected into three C's - consolidation, consumption, and capex. On the consolidation front, the budget is firmly on track, with FY25 fiscal deficit at 4.8% of gross domestic product (GDP), expected to be further lower at 4.4% in FY26.
Category:
News and Media
Threshold limit of tax deducted at source (TDS) on dividend income from MFs has been doubled to 10,000. Now, there will be zero TDS on dividend income of up to 10,000.
Category:
News and Media
All news |
||||||||||||||||||
|