![]() ![]() ![]() , 09:52:01 PM IST Income Tax Budget 2024 Live: Government’s increasing focus on inclusivity & growth will be vital in shaping the evolving workforce, says Chandan Barve The Interim Budget seems to be very positive and growth oriented.It is well balanced budget where the fm has been able to keep fiscal deficit low along with focus on growth and welfare measures.The road map which they have created in last 10 year has been extended further in this budget with focus on Infrastructure, Railway, Renewable, Housing,manufacturing etc.Capital expenditure remains high whichbdrives the economy in the long term.Lower fiscal deficit will have impact on bond yield and yield of govt securities will come down further which already has reacted to the budget positively with around 8 bps down in yield.The trajectory of fiscal deficit has been kept low which is positive from a rating, FII flow and currency point of view.Corridor will port connectivity will reduce turnaround time hugely and will have very positive effect on the economy.Although it is an interim budget and final will come out post election only. After the Budget speech is over, you can also visit the web portal at, 09:53:23 PM IST Income Tax Budget 2024 Live: The trajectory of fiscal deficit has been kept low which is positive from a rating, FII flow and currency point of view, says Mukesh Kochar, National Head of Wealth at AUM Capital The interim Budget 2024 can be accessed through the Union Budget Mobile App available on Android, and iOS. However, the citizens have the option to avail the benefits of the old tax regime. ![]() One notable announcement about personal taxation was making the new income tax regime the default regime. In Budget 2023, the Modi Government brought in multiple new regulations for income tax. FM Sitharaman had earlier said that there would be no major announcements in this budget as polls are due in April-May this year. The full budget will be presented in July this year after the new government is formed post General Elections. Although largely in line with the historical interim budgets, the FM's announcement of zero changes in direct and indirect taxes, including import duties, for the FY 2024-25 has surprised the industry. No changes were announced in the tax slabs in both the old and new regimes. This was an interim budget as it came just ahead of the Lok Sabha Elections. For example, she says we could leave it at 68 degrees and set the fan to run on auto.Income Tax Slab Budget 2024 Highlights: Finance Minister Nirmala Sitharaman today, February 1 presented the Union Budget 2024 in the Lok Sabha. Instead, Minkel recommends keeping the thermostat at the lowest temperature that's still comfortable to work and live in. "A lot of times people, when it gets cold out and below a certain temperature, they start cranking their thermostat up and that increases their energy usage and increases their bills," she says. But having the heat on for 12 hours is making our energy bill higher than we'd like. Since my husband and I both work from home, we like to keep the heat on in our apartment so that we can be comfortable throughout the day. Keep your thermostat on the lowest temperature that's comfortable ![]() I spoke to Maureen Minkel, the senior director of energy efficiency and conservation at South Jersey Industries, to find out three practical ways we can reduce our bill during the frigid winter months. We expect our energy bill to remain high in the coming months unless we make crucial changes around our apartment. ![]()
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