Stock Market MF News

  At a basic crossroads in India's financial advancement, the Union Fund Serve revealed the Union Budget of India for the financial year 2025–2026 on February 1, 2025.   The Indian Union Budget is a law based pledge, not fair a monetary explanation.   It characterizes the nation's budgetary conviction framework, redistributes openings, and fortifies vows to 1.4 billion occupants yearly.   India's financial approach for the up and coming year points to strike a adjust between forceful development and restrained budget solidification as the world economy battles with moving geopolitical unions and the fast improvement of fake insights.   Framework, advanced change, green vitality, and comprehensive rustic advancement are given best need in the 2025–26 budget, which is surrounded beneath the by and large objective of "Viksit Bharat" (Created India) by 2047. The Budget as a Living Record of Democracy Participatory administration is encapsulated in India's budg...

  Finance Minister Nirmala Sitharaman has announced a waiver in the Union Budget 2021 for the elderly aged above 75 years from filing income tax returns. This announcement sounds good, but if you look at the conditions related to it, it would be better to continue filing returns to the income taxpayer.   Actually, Finance Minister Nirmala Sitharaman had said in the budget speech that we are going to reduce the burden of legal troubles on the elderly aged 75 years or less. The central government will exempt senior citizens who have income only from pension and interest, from filing income tax. The paying banks of these senior citizens or the taxpayer will deduct the tax levied on their income. Experts say the announcement by the Finance Minister does not mean that 75 cross-aged elders earning pension and interest will not have to pay tax. They are exempted only from filing returns and tax will be deducted by their paying bank. That is, they will not need to pay a separate t...

Finance Minister Nirmala Sitharaman delivered the longest budget speech in six years of the BJP government. She started her address in the Parliament by and went on to announce key reforms that sought to address both economic and social aspects of the country. Finance Minister Nirmala Sitharaman said, “In May 2019, Prime Minister Narendra Modi received a massive mandate to form the government again. People of India have unequivocally given their janaadesh for not just political stability, but have also reposed their faith in our economic policy. This is a budget to boost their income and enhance their purchasing power.” Let's look at the key highlights of Budget 2020: New tax Slabs Budget 2020 has made the tax structure more complicated by adding three tax slabs. A new tax regime has been announced. Those who want to be in the old regime with exemptions can continue to pay at the old rates. Taxpayers will have the option to switch t...