Union Finance Minister Nirmala Sitharaman, Minister of State in Finance Pankaj Chaudhary and other members of finance ministry leave to present the budget in Parliament

How full Budget 2024 compares with Interim Budget: Explained

The Union Budget 2024-25 focuses on empowering youth, women, farmers, and the poor, with significant allocations for employment and skilling. Fiscal consolidation is strengthened, with a reduced fiscal deficit target and lower planned gross market borrowing. Revised tax slabs and a comprehensive review of the Income Tax Act aim to simplify tax compliance and boost sectors. The budget retains a high allocation for the Ministry of Defence, promoting 'Aatmanirbharta' in Defence technology and manufacturing. Jul 24, 2024
Finance Minister Nirmala Sitharaman

Comprehensive review of Income Tax Act announced in Union Budget

Finance Minister Nirmala Sitharaman announced a comprehensive review of the Income Tax Act, 1961 to simplify the tax regime. The tax regime for charities, TDS rate structure, and capital gains taxation are also being simplified. The government's efforts to simplify taxes are part of a broader effort to improve taxpayer services and reduce litigation. The government also announced measures to make life and health insurance plans more affordable. Jul 23, 2024
Apple WWDC 2024 Day 1

WWDC 2024: macOS Sequoia, iPadOS 18 and watchOS 11 unveiled on Day 1; all new features explained

Apple unveiled the macOS Sequoia, as the next version of the world's most advanced desktop operating system. The updated iPadOS 18 was introduced with "powerful new intelligence features and apps designed for Apple Pencil." The watchOS 11 has been showcased with improved features on "health and fitness insights, and even more personalization and connectivity." Read on to know more. Jun 11, 2024