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Decoded: What Budget 2024 means for the middle-class, investors, and more

Business Standard LogoBusiness Standard5h ago

Decoded: What Budget 2024 means for the middle-class, investors, and more - Business Standard

Quick Summary:

What Budget 2024, presented by Modi govt 3.

One of the significant changes in the Budget is the reduction of import duties on gold and silver from 15% to 6%.

According to CA Pitam Goel, Co-Founder of Tattvam Group, the increase in Securities Transaction Tax (STT) rates for derivatives and futures might not sit well with investors."The increase in STT rates for derivatives to 0.1% and futures to 0.02% may not go well with investors.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-23 @ 16:56:53 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 937 words

Reading Time: 6 minutes read

Sentences: 32 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21750537

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 316 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #49

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