From now on, NPS Vatsalya subscribers will be entitled to identical tax advantages as standard NPS contributors for their donations under Section 80CCD(1B).
Finance Minister Sitharaman said that a modified UDAN scheme will be launched to enhance regional connectivity to 120 new destinations, and carry 4 crore passengers in the next 10 years.
The finance minister has announced an increase in the tax rebate under Section 87A. This means that resident individuals with a net taxable income of up to Rs 12 lakh will not have to pay any income t ...
FM Sitharaman said that building on the July Budget 2024 proposals, urban sector reforms related to governance, municipal services, urban land, and planning will be incentivised.
This revision is expected to bring relief to those making smaller foreign transactions, particularly for education, travel, medical expenses, and investments. However, for remittances exceeding ₹10 ...