Introduction The Union Budget 2024 ushered in a wave of changes across various sectors of the Indian economy, and the Goods and Services Tax (GST) regime was no exception. To simplify compliance, boost revenue collection, and foster a more conducive business environment, the government introduced several amendments to the GST…

Introduction Budget 2024 ushered in a new era of tax planning for Indian taxpayers, with a slew of amendments reshaping the income tax landscape. The Finance Act, 2024 introduced significant changes to the tax structure, including modifications to tax slabs, deductions, exemptions, and compliance requirements. This article delves into the…

In the Budget 2024, the government has laid out an ambitious roadmap to advance towards ‘Viksit Bharat’, emphasizing nine core priorities designed to drive inclusive growth and prosperity. This budget focuses on enhancing productivity and resilience in agriculture, boosting employment through skilling initiatives, and fostering human resource development while promoting…

Introduction Budget day in India is a high-stakes political spectacle as much as an economic policy announcement. Finance Ministers, skilled orators and political strategists leverage this annual event to shape public perception of the government’s performance. Through a careful orchestration of figures and promises, they aim to create a compelling…

BackdropAs India stands on the brink of a transformative economic era, Finance Minister Nirmala Sitharaman unveiled the 2024 Union Budget, marking her record-breaking seventh consecutive budget presentation, and the eleventh by the Narendra Modi administration. That sounds like a stage for a strong foothold of the government and stable policy-making.…

Every year, the anticipation leading up to the budget announcement in India is palpable. It is a time when the entire nation eagerly awaits to learn about the government’s fiscal plans and policies for the upcoming financial year. However, 2024 is an election year and therefore, the annual budget can…

Introduction In the intricate world of finance, where risk lurks in the shadows and rewards beckon from the horizon, the Reserve Bank of India (RBI) assumes the role of a vigilant maestro, orchestrating a delicate balance between the thrill of financial endeavours and the necessity of safeguarding economic stability. As…