https://www.taxtmi.com/news?id=27215 The Interim Union Budget 2024 25 keeps existing tax rates and extends specified tax benefits to 31 March 2025, proposes withdrawal of long standing petty and disputed direct tax demands below specified thresholds to relieve taxpayers, and emphasises tax administration improvements. It estimates a fiscal deficit consistent with consolidation objectives, raises capital expenditure outlay, continues fifty year interest free financing to states for capital projects, and proposes a long tenor corpus for youth financing. The Budget also announces formation of a committee on demographic challenges and a White Paper on the economy. en-us Thu, 01 Feb 2024 14:06:11 +0530 Thu, 01 Feb 2024 14:06:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=27215 The Interim Union Budget 2024 25 keeps existing tax rates and extends specified tax benefits to 31 March 2025, proposes withdrawal of long standing petty and disputed direct tax demands below specified thresholds to relieve taxpayers, and emphasises tax administration improvements. It estimates a fiscal deficit consistent with consolidation objectives, raises capital expenditure outlay, continues fifty year interest free financing to states for capital projects, and proposes a long tenor corpus for youth financing. The Budget also announces formation of a committee on demographic challenges and a White Paper on the economy. News - Thu, 01 Feb 2024 14:06:11 +0530 https://www.taxtmi.com/news?id=27215