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Saturday, March 2, 2024

Interim Union Finances 2024 | Taxes

Union Finance Minister Nirmala Sitharaman with Pankaj Chaudhary (Left) and Bhagwat Kishanrao addressing the media on Union Interim Finances at Nationwide Media Centre, in New Delhi on Thursday.
| Photograph Credit score: Sushil Kumar Verma

Whereas sustaining the established order with respect to direct and oblique taxes, Union Finance Minister Nirmala Sitharaman, within the interim Finances presentation on Thursday, proposed to withdraw small, non-reconciled, and disputed direct tax calls for.

Though the interim Finances for 2024-25 didn’t suggest any modifications in current taxation, start-ups are supplied sure tax advantages by means of extension of exemptions. Check out The Hindu’s experiences.

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