Union Budget Archives - GyanWaleBaba
Tuesday, January 31
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Tag: Union Budget

What Are Indian People Expecting With Budget 2022-23?

What Are Indian People Expecting With Budget 2022-23?

India, Politics
The people of the country have high hopes for this year's Budget. The country's Finance Minister Nirmala Sitharaman will present the Budget 2022-23 on February 1, i.e. today. It will be the 10th Budget to be presented by the Modi government. Also, this will be the second Budget to be presented During Coronavirus Infection. source: internet media Budget 2022-23 According to experts, the government may consider increasing the standard deduction limit by 30-35% for salaried taxpayers and pensioners in the upcoming Budget. In addition, information is also being received that a pilot project of urban MNREGA can be launched in the general Budget of 2022-23.Job creation is also a serious issue after the great crisis of compassion pandemic. Due to the increased number of laborers who ret...
Union Budget 2018: Major Personal Finance Highlights

Union Budget 2018: Major Personal Finance Highlights

All, India, Politics
Finance Minister Arun Jaitley disclosed the Union Budget 2018 on Thursday. The budget was more than give than take for the taxpayer. The government reintroduced standard deduction, increased take-home salary of women in the workforce, benefits for senior citizens. On the other hand, they took away the travel and medical allowance of the salaried class, hiked the cess on income tax and introduced long-term capital gains tax on equity. Check out some personal finance takeaways from the government’s budget: Standard Deductions gets reintroduced Finance budget 2018 reintroduced the standard deduction from salary income to employees. The standard deduction is a flat amount of Rs 40, 000 subtracted from the salary income before calculation of taxable income. The standard deduction was the...