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Top News In Budget 2023 Today - Breaking & Trending Today

Indian Economy: Union Budget 2023 Economy, GDP Growth, News Updates

Indian Economy: Check latest news updates on Union Budget 2023 and its impact on economy, gdp growth rate, taxation, budget highlights on businesstoday.in.

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Union Budget 2024: A look at 5 personal income tax announcements FM Sitharaman made last year

As the Lok Sabha elections are due early next year, FM Nirmala Sitharaman will present a Vote on Account or an interim budget on February 1, 2024. ....

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Lookback @ 2023: How Budget tax setback, IRDAI's expenses and commission regulations affected the life insurance industry this year

The life insurance industry also saw a shift towards launch of guaranteed returns traditional policies due to higher government securities (G-sec) rates prevalent currently ....

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Employee Ownership Trusts—Improved Tax Incentives Announced

The Canadian Department of Finance introduced draft legislation in the 2023 Canadian Federal Budget Budget 2023 to create employee ownership trusts EOTs to facilitate the transfer of a business to the employees of the business. We provided an overview of the rules initially proposed in Budget 2023 in Employee Ownership Trusts A Useful Tool for Employee Business Ownership?, and recommended various revisions to the proposed rules to improve the tax incentives and ease some of the conditions required to qualify for EOT treatment. The Department of Finance released revised EOT legislation on August 4, 2023, addressing some of our concerns but not the big one the revised EOT legislation still contained minimal tax incentives. ....

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Ministries have just over a month to spend Budget 2023 allocations, says Ahmad

PONTIAN: All 26 ministries have about one month and a week left to spend every penny of the allocation channelled to them from Budget 2023, says Deputy Finance Minister Datuk Seri Ahmad Maslan. ....

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