Budget 2024: There is significant interest around the coming budget, despite the fact that it is going to be an interim budget. Last year s announcements, including the ones on income tax, could give an idea of what this budget might bring.
Big announcement for MSMEs “Credit guarantee for MSMEs – Rs 9000 crores infused in the corpus which will allow additional collateral-free credit of Rs 2 lakh crores; to be effective from April 1, 2023. The cost of raising funds for MSMEs will come down,” said FM Sitharaman. Relief for common people, Income Tax rebate extended up to Rs 7 lakhs Income tax- rebate extended on income up to Rs 7 lakhs in new tax regime, said FM Sitharaman Average […]
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