PeppySushi

Budget 2024! 🏦

Coming Tomorrow..

What is your expectation?

4mo ago4.8K views

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DancingDonut

Stealth4mo

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.

PerkyDumpling

Stealth4mo

True

PeppySushi

Swiggy4mo

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.

JazzyBurrito

Google4mo

Middle class gets f###ed as always

PeppySushi

Swiggy4mo

Guessing

Some relaxation on Income tax.
STCG or LTCG tax reductions.
Increase in tax on luxury goods.

PeppySushi

Swiggy4mo

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 ✅