Budget 2024: The Wishlist
NDTV Profit
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Union budget is a crucial time of the year for announcements on income tax cuts, more deductions and exemptions. Industry experts expect this interim budget to be more focused on policy continuity.
NDTV Profit rounds up some of the top direct tax suggestions proposed by industry experts ahead of the big day on February 1:
1.Simplify Tax Deducted At Source
2.Extend Concessional Tax Regime
3.Increase Standard Deduction
4.Exemptions Under 80C, 80D
5.Rationalise Capital Gains Tax Structure
6.Defer Tax On ESOPs For All Employees
7.Clarify Pricing Of Corporate Guarantees
What's On Indians' Direct Tax Wishlist? Read here
In the backdrop of a global economic slowdown and continued geopolitical tensions, India witnessed a rather quiet year in the mergers and acquisitions space in 2023.
However, experts expect M&A activities to resurge in the country, creating huge growth opportunities.
What's On India Inc's M&A Wishlist? Read here
India's fast-moving consumer goods industry is rooting for the upcoming pre-election interim budget to enhance low-income customer's buying power in order to reverse the year-long slowdown.
What's On Top Of FMCG Firms' Wish List? Read here
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Telecom infrastructure providers are seeking availability of input tax credit on telecom towers, and have made a plea for an increase in tax depreciation rate and rationalisation of TDS provisions in their Budget wishlist.
What Else Is On Telecom Sector's Wish List? Read here
With the interim budget drawing closer, the top demands from the renewable energy industry have gained steam.
Industry experts talk to NDTV Profit on the taxation, regulatory and policy-level reforms that they would like to see in the upcoming interim budget.
What's On Renewable Sector's Wishlist? Read here
Other Budget Reads
And...
What's in store for the rural economy going into FY25? Will the upcoming FOMC impact the budget? Niraj Shah spoke to HSBC 's Pranjul Bhandari on 'Budget 2024: Take Off'.
Subscribe to our special Budget newsletter to keep updated.
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9moThanks for sharing, Preethi! NDTV Profit's Budget 2024 newsletter will definitely provide valuable insights. Looking forward to staying informed.
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9mo📰 Thanks for the heads up, Preethi! 🌐 The NDTV Profit's Budget 2024 newsletter seems like an essential read, especially with the anticipated focus on policy continuity. 💼 Keeping abreast of the latest developments and industry expectations is key for staying ahead in the game. Looking forward to diving into the insights shared in this roundup! 👀💡 #NewsletterRoundup #LinkedInNews #budget2024
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