I predict stock markets will crash by 2%. They might raise Capital Gains taxes. Tax on F&O might increase. They don't have money, and they have to fund all their defence, infra Capex.

Software Developer

I think They do have money. Look at the money they got from RBI. GST collection is very good and now smartly they stopped publishing it.  
  
 But Tax on FnO : Yes highly probable.

Software Engineer

Business Analyst

UX/UI Designer

Guessing  
 1. Some relaxation on Income tax.  
 2. STCG or LTCG tax reductions.  
 3. Increase in tax on luxury goods.

Direct Taxes:  
 🔹Tax slab changed. Need to check how it'll impact the in hand salary. (neutral)  
 🔹STCG and LTCG increased 🔻 
 🔹Cap gain limits increased by 25% ✅ 
 🔹TCS to be offset against TDS (pata nhi kya he)  
 🔹Angel tax abolished ✅

Consultant

DevOps Engineer

Middle keep your expectations low. 
 Because she can go more lower xd

Program Manager

Coming Tomorrow..   What is your expectation?

Welcome to News Discussion's Private Community

Coming Tomorrow.. 

What is your expectation?

Budget 2024! 🏦

Budget 2024! 🏦- Grapevine

Welcome to Personal Finance's Private Community

Being an IT professional what are your expectations from this budget ?

What are the expectations from budget 2024 ??

It's funny how people expected lower taxes in the budget, but now they'll pay more on STCG and LTCG. No wonder over 5,000 millionaires, salaried individuals, and top talent are leaving the country every year.

Budget 2024...

Btw this year it's interim budget as current government will go for mandate in 2024 May.

So, what to do you think on tax rebates, nps and populist schemes again.

Do you look forward to Union Budget?

Senior Consultant

No tax relief for salaried class. What are your thoughts on the overall budget? What reforms were you awaiting or what do you think are absolutely necessary to uplift the middle/ below middle class of the country?

Interim Budget 2024

Growth Manager

- The government has abolished the angel tax for all classes of investors starting April 1, 2024, to boost the Indian startup ecosystem and entrepreneurial spirit.
- A central outlay of Rs 2 lakh crore has been passed to facilitate employment, skilling, and other opportunities focused on MSMEs.
- To enhance the ease of doing business, the government plans to simplify rules for FDI and overseas investments, and extend C-PACE services to reduce closure time for LLPs.
- The government aims to expand the space economy 5-fold in the next 10 years and has set up a Rs 1,000 crore venture capital for this purpose.
- The budget includes measures for climate finance to support the country's climate commitments and green transition, along with raising LTCG and STCG taxes. 

 Source: Entrackr

Key Highlights of the Union Budget 2024-25 Impacting the New-Age Economy

Journalist

- The government has introduced three new employment-linked incentive schemes to address the job creation gap, aiming to create 50 lakh more jobs and upskill 20 lakh youth through upgraded Industrial Training Institutes over the next five years.
- Female employment has been a focus, with plans to set up working women's hostels and creches to help balance work and home duties, aiming to improve women's participation in the workforce.
- Corporate tax rates on foreign companies have been reduced from 40% to 35%, and the controversial angel tax on foreign investments in startups has been rolled back to support the startup ecosystem.
- The diamond cutting and polishing industry will benefit from the introduction of safe harbour rates, providing tax predictability and fostering a stable business environment.
- For personal income taxes, the new tax regime offers increased standard deductions and adjusted tax rates, but comes with higher capital gains taxes and changes to deductions on employer contributions to the National Pension Scheme. 

 Source: Finshots

Full Budget FY25: Key Highlights and Implications

It would be great to know how people are smartly investing their money? 

My hypothesis is we cant expect equity market to grow at 15% for next 20 years simply based on past performance. Also inflation is growing like crazy.
What are your logic behind keeping the money safe and grow as well?

2024 investing strategy

Sales Manager

My view on the Stock market in 2024 :-

Market will rise till March - April 2024 Nifty 23-24k, then will fall, the fall depends on election results
If BJP wins which market is expecting then still the market will fall by 10-15% (Nifty 20-21000) because of buy on rumor and sell on news behavior.
If congress wins then the market may fall by 20-25%(Nifty 18-19000) because of the discontinuity of the current government.
Then the market will start recovery by September.

What do you guys think ?

Stock Market prediction 2024

Welcome to Office Gossip's Private Community

Budget 2023 What's cheaper and what's costlier?

Budget 2023

Project Coordinator

Welcome to Indian Startups's Private Community

While there are lot of VCs coming out with their ‘expert’ outlook on 2024, let’s be real to share our own predictions. Idea is to share and learn and not just mudsling.

Let me go first with few of my own

1. Neobanking will go belly up - it’s really hard to make money in just Savings account led neobanking I believe. With lending increasingly difficult, I think we will see likes of Jupiter going belly up

2. Gold mine of climate tech - climate tech will become more mainstream stream (similar to content and community in 2021, D2C in 2022 and SaaS in 2023)

What are yours?

What are your predictions for 2024 Indian Startup ecosystem?

Founder

Loving how 2024 is looking actually. Getting rid of my cash position and all in on equity. Plus, locking in the good interest rates FDs. Not seeing lucrative returns on FDs till the next quantitative tightening now. 

Godspeed! Time to make some 💰

India's Nifty 50 and Sensex are on course to log the longest joint weekly winning streak in nearly six years

Powell's rate remarks a 'Christmas gift to global markets' - Jefferies' Chris Wood

What do we think? JPow with the rate cuts is going to get us some nice returns hopefully 🤞

Product Manager

Welcome to Fintech India's Private Community

What are your views on upcoming budget?

Finance Consultant

Is there anything for the co operate majdoor in this budget? Let's comment out if there is anything.

Budget for Co operate majdoors

Drop your thoughts about ongoing announcement from Budget. 

Drop an announcement and underneath people will add their thoughts

Budget 2024! 🏦

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