Union Budget 2024-25: A Budget for long term capital and gains

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She also dispensed with the equalisation levy, a 2 per cent tax imposed in 2016 on profits of non-resident digital companies providing services to Indian firms.

The stock market has been on an unprecedented upward trajectory, providing untold gains to a lot of people.

This exuberance had deepened the frown lines on the foreheads of regulators as well as many market participants because derivatives are mainly meant to serve as hedging tools for large institutional investors.

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Category: BusinessFinance

Markets: India

Topics: Titan Adani Ports Budget Watch Budget 2024 Nirmala sitharaman budget 2024 Union Budget 2024 for MSMEs Union Budget 2024 Tax Proposals Budget 2024 date and time Union budget 2024 ITC Income Tax Slab Changes in Budget 2024 FM Sitharaman Budget Speech 2024 Union Budget 2024 Impact on Union Budget 2024 Highlights Budget 2024 for Social Welfare Scheme Budget 2024 Nirmala Sitharaman Budget 2024 date announcement live Finance Ministry Union budgets Union Budget 2024 Live Updates Union Budget 2024 for Agriculture Budget 2024 date announcement

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-23 @ 17:57:47 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 650 words

Reading Time: 4 minutes read

Sentences: 30 lines

Sentence Length: 22 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 21751480

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