๐จ๐จMAJOR HIGHLIGHTS OF BUDGET ๐๐๐๐๐
โฏ No change in Crypto tax (๐๐% tax + ๐% TDS)
โฏ No income tax up to Rs ๐ ๐ฅ๐kh.
โฏ Under PM Awas Yojana Grameen, ๐ ๐๐ซore houses will be allocated.
โฏ Average GST monthly collection has doubled to Rs ๐.๐๐ ๐ฅ๐kh crore.
โฏ Infrastructure spending increased to Rs ๐๐,๐๐,๐๐๐ ๐๐ซ (11L ๐๐ซ), having a multiplier effect.
โฏ Fiscal deficit aimed to be reduced to ๐.๐% of GDP in FY๐๐.
Note : ๐ This was the interim Budget, not the Final budget ๐ผ
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.
๐ฎ๐ณHowever, the Indian #Crypto community still demands:๐
โ Reduction in Crypto tax
โ Lower TDS
โ Loss set off
#Write2Earn #reducecryptotax #BudgetSession #BudgetSession2024 #Nirmalasitaraman #Budget2024