🚨🚨MAJOR HIGHLIGHTS OF BUDGET 𝟐𝟎𝟐𝟒👇
❯ No change in Crypto tax (𝟑𝟎% tax + 𝟏% TDS)
❯ No income tax up to Rs 𝟕 𝐥𝐚kh.
❯ Under PM Awas Yojana Grameen, 𝟐 𝐜𝐫ore houses will be allocated.
❯ Average GST monthly collection has doubled to Rs 𝟏.𝟔𝟔 𝐥𝐚kh crore.
❯ Infrastructure spending increased to Rs 𝟏𝟏,𝟏𝟏,𝟏𝟏𝟏 𝐜𝐫 (11L 𝐜𝐫), having a multiplier effect.
❯ Fiscal deficit aimed to be reduced to 𝟓.𝟏% of GDP in FY𝟐𝟓.
Note : 👉 This was the interim Budget, not the Final budget 💼
The Government may consider tax relief in the next final budget, as major policy changes or tax reforms usually occur in the final budget rather than the interim one.
🇮🇳However, the Indian #Crypto community still demands:👇
➜ Reduction in Crypto tax
➜ Lower TDS
➜ Loss set off
#Write2Earn #reducecryptotax #BudgetSession #BudgetSession2024 #Nirmalasitaraman #Budget2024