Personal Finance News

    Budget 2024 proposals: Revamped PM Awas Yojana, affordable housing, increased income tax deduction for homebuyers

    Budget 2024: Homebuyers and the real estate sector want significant growth-oriented measures from Finance Minister Nirmala Sitharaman in Budget 2024. Sitharaman will present the first full-year Budget on July 23, 2024. From revised schemes under PM Awas Yojana, enhanced tax breaks to reviving Credit-linked Subsidy Scheme (CLSS) for homebuyers, here are six measures that real estate experts and aam aadmi expect from Budget 2024.

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    More tax-saving options in Budget 2024: Why the budget should reintroduce tax-saving infrastructure bonds

    By reintroducing infra bonds with tax benefits in Budget 2024, the government can ensure that municipalities receive money for much-needed infrastructure development and that more money is in citizens' hands through tax savings.

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    Budget 2024: 56% of ET readers want income tax cuts to be a weakened BJP-govt's Budget task

    Budget 2024: ET Online conducted a survey ahead of the Budget to gauge public expectations, receiving input from nearly 9,500 Economic Times readers. Results showed over 56% prioritize income tax reduction, reflecting concerns over economic stability following the BJP's diminished mandate. Addressing the job crisis was a priority for over 37%, while only 4% favored cash transfers to farmers and 2% suggested increased Railway funding.

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    Extension of ITR filing deadline? 11 glitches on e-filing portal; difficulty in logging in, e-verification, discrepancy in forms

    ITR filing last date: The deadline for filing income tax returns (ITR) is fast approaching: July 31, 2024. The e-filing ITR portal is currently experiencing 11 glitches, including difficulties with logging in and e-verification and discrepancies in pre-filled data in ITR forms.

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    Budget 2024: 5 sectors and key stocks to watch out for

    Budget 2024: 5 sectors and key stocks to watch out for

    The National Democratic Alliance (NDA) is all set to present its full-year Union Budget on July 23, 2024. From strategic allocations to much-needed tax breaks, aam aadmi want significant r

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    These 10 transactions will be reported as fraud to RBI, as per new rules

    The RBI said in a circular dated July 16, 2024, “These master directions have been prepared based on a comprehensive review of the earlier Master Directions, circular and emerging issues. These Master Directions are principle-based and strengthen the role of the Board in overall governance and oversight of fraud risk management in the Regulated Entities (REs).”

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    Will ITR filing deadline be extended beyond July 31, 2024? ICAI writes to tax department with 9 issues regarding Form 26AS, TIS, AIS, e-filing income tax return forms

    Will the ITR filing deadline be extended? Various associations of chartered accountants have contacted the tax department to highlight the challenges faced by taxpayers and professionals when using the e-filing ITR portal.

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    Standard deduction to HRA exemption: Expectations for salaried & professional taxpayers | Budget 3.O

    The upcoming budget 2024 is expected to address salary taxation to benefit salaried individuals and boost the economy. Taxpayers hope Finance Minist

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    Budget 2024: Higher TCS of 20% on certain foreign remittances via LRS can be reduced to 5%

    TCS rate of 20% is high and can create liquidity challenges for individuals who rely on regular remittances for personal or business needs. Lowering it to 5% can be a big relief for these people.

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    Affordable housing tax relief: Budget 2024 expected to bring back deduction on home loan interest payment, other measures

    Affordable housing tax relief: Budget 2024 expected to bring back deduction on home loan interest payment, other measures

    Budget: India's real estate sector is currently facing a combination of challenges and opportunities. One significant opportunity is the increasing

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    The Economic Times