šš®šš šžš­ š…š˜ šŸšŸ’-šŸšŸ“ š‡š¢š š”š„š¢š š”š­š¬ šŸŒŸ

 šš®šš šžš­ š…š˜ šŸšŸ’-šŸšŸ“ š‡š¢š š”š„š¢š š”š­š¬ šŸŒŸ



⭐ š’š­ššš§šššš«š šƒšžšš®šœš­š¢šØš§: Increased to ₹75,000 from ₹50,000 in new regime.


⭐ š‹š“š‚š† š„š±šžš¦š©š­š¢šØš§: Hiked from ₹1 lakh to ₹1.25 lakhs; tax rate increased to 12.5% from 10%


⭐ š’š“š‚š†: Increased from 15% to 20%.


⭐ š‹š“š‚š† š‡šØš„šš¢š§š  ššžš«š¢šØš: All financial non-listed and non-financial assets holding period is 24 months or more; listed assets holding period is 12 months or more only.


⭐ š€š›šØš„š¢š­š¢šØš§ šØšŸ š€š§š šžš„ š“ššš±: No tax on shares issued by private and unlisted companies exceeding the fair value of the company.


⭐ š“ššš± š’š„ššš›š¬: Remain the same with 30% tax above ₹15 lakhs. New slabs: ₹3-7 lakhs instead of ₹3-6 lakhs under section 115BAC.


⭐ š€š©š©šžššš„š¬ š‹š¢š¦š¢š­š¬: Increased for filing appeals to Tax Tribunals, High Court, and Supreme Court to ₹60 lakhs, ₹2 crores, and ₹5 crores, respectively.


⭐ š’šššŸšž š‡ššš«š›šØš®š« š‹š¢š¦š¢š­š¬: Expanded to reduce TP litigations.


⭐ š‚šØš«š©šØš«ššš­šž š“ššš±: Rate for foreign companies reduced to 35% from 40%.


⭐ š“šƒš’ šØš§ š„-šœšØš¦š¦šžš«šœšž: Reduced to 0.1% from 1%.


⭐ š“šƒš’ šØš§ š‚šØš¦š¦š¢š¬š¬š¢šØš§: Reduced to 2% from 5%.


⭐ šŒšØš›š¢š„šž šš”šØš§šžš¬: BCD reduced to 15%.


⭐ š†šØš„š ššš§š š’š¢š„šÆšžš«: Duties reduced to 6%.


⭐ š’š“š“ šØš§ š…&šŽ: Increased from 0.02% to 0.1%.


⭐ š„šŖš®š¢š„š¢š³ššš­š¢šØš§ š‹šžšÆš²: 2% levy on foreign e-commerce operators removed.


⭐ š„š’šŽš š‘šžš©šØš«š­š¢š§š : Non-reporting of ESOPs held in foreign companies, social security schemes, and other movable assets abroad de-penalized (penalty of ₹20 lakhs removed).


⭐ šˆš§š­šžš«š§š¬š”š¢š©š¬: Opportunities for 1 crore youth in top companies. Training costs to be covered by companies' CSR expenditure (maximum 10%). Monthly allowance of ₹5,000 with a one-time allowance of ₹6,000.


⭐ š…š«šžšž š„š„šžšœš­š«š¢šœš¢š­š²: Up to 300 units via 1 crore rooftop solar panel installations.


⭐ š‘&šƒ š¢š§ š„š§šžš«š š²: Expenditure in nuclear energy sector to improve the energy mix, along with solar and non-renewable energy.



šŸ“Š Total Outlay: ₹47.65 lakh crores

šŸ“Š Fiscal Collections: ₹30.80 lakh crores (excluding loan receipts)

šŸ“Š Fiscal Deficit: 5.1% of GDP

šŸ“Š Defence Budget: 12.9% of total expenditure


Lower and rich class rocks, middle class shocks!


#Budget24 #FY25 #Highlights #GOI #MinistryOfFinance #NirmalaSitharaman #Finance #ICAI #Economy


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