7 Key Points: Indian Budget 2024

7 Key Points: Indian Budget 2024 Radiocity By Radiocity Team Published Jul 23, 2024 [{ "selector": ".imaoe-a", "duration": "1000ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "transform": "translateX(-309px)", "opacity": "1"}, {"offset": 1, "transform": "translateX(0)", "opacity": "1"} ] }]

Capital Gains Tax The budget raised long-term capital gains tax on all assets to 12.5 (up from 10) and increased short-term gains tax to 20per (from 15percentage) [{ "selector": ".imaoe-a", "duration": "1000ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "transform": "translateX(-309px)", "opacity": "1"}, {"offset": 1, "transform": "translateX(0)", "opacity": "1"} ] }]

Investor Impact The budget brought varied news for investors, altering taxes on share sales and property transactions while eliminating a startup investment deterrent tax. [{ "selector": ".imaoe-a", "duration": "1000ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "transform": "translateX(-309px)", "opacity": "1"}, {"offset": 1, "transform": "translateX(0)", "opacity": "1"} ] }]

Job Creation Focus The budget aims to boost economic growth and create jobs by prioritizing employment generation as a central focus of its initiatives. [{ "selector": ".imaoe-a", "duration": "1000ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "transform": "translateX(-309px)", "opacity": "1"}, {"offset": 1, "transform": "translateX(0)", "opacity": "1"} ] }]

Spending Priorities More funds are directed to key sectors infrastructure, healthcare, and education emphasizing enhanced investment in these crucial areas. [{ "selector": ".imaoe-a", "duration": "1000ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "transform": "translateX(-309px)", "opacity": "1"}, {"offset": 1, "transform": "translateX(0)", "opacity": "1"} ] }]

Fiscal Discipline The government strives to uphold fiscal discipline while tackling economic challenges, aiming to manage finances prudently amidst current economic difficulties [{ "selector": ".imaoe-a", "duration": "1000ms", "fill": "forwards", "delay": "500ms", "keyframes": [ {"offset": 0, "transform": "translateX(-309px)", "opacity": "1"}, {"offset": 1, "transform": "translateX(0)", "opacity": "1"} ] }]

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