Fund manager George Thomas shares his views on the interim Budget 2024, his expectations, sectors that are likely to do well. He also shares reasons as to why broader market index is unlikely to post high returns this calendar year and why this is the right time for asset reallocation.
Deepashree Shetty, Partner, Tax & Regulatory Services, BDO India, shares her views on expectations from the interim Budget 2024 such as raising standard deduction limit to ₹65,000, allowing NRIs to get their income tax return verification done on their overseas mobile numbers and more.
Union Budget: The spotlight on income tax changes commands attention in the upcoming interim budget. Indians await exemptions while the government pivots to an exemption-less tax system. With a 20.66% rise in direct tax collections this fiscal year, hitting over Rs 13.70 lakh crore, income tax announcements in the interim budget gain significance.