Breaking News in Finance: Today's Top Taxation Headlines

Breaking News in Finance: Today's Top Taxation Headlines

1. Union Budget 2024 Highlights: New Tax Regime Slabs Revised and Angel Tax Abolished.

2. Corporate Tax Growth Remains Modest Despite Increased Corporate Earnings in FY24.

3. Income Tax and GST Collections See Significant Growth Despite Low Private Consumption.

4. Capital Expenditure Set at Rs 11.11 Lakh Crore for FY 2024-25, Focus on Infrastructure Enhancement.

5. Financial Aid for MSMEs Strengthened with Increased Mudra Loan Caps and New Bank Credit Systems.

6. Indian Hotels shares drop 3.04% amid market downturn.

7. Budget 2024 abolishes angel tax on startups for all classes of investors.

8. Government announces support for critical minerals via missions and duty exemptions.

9. Nilesh Shah comments that the budget's focus on the real economy will turbocharge growth.

10. Opposition MPs from Kerala criticize Union Budget 2024 as politically motivated and disappointing for non-NDA-ruled states.

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