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Same same, but different: Budget 2024 is a 'government bachao' and prudent balancing act

By Economic Times - 4 months ago
Nirmala Sitharaman's budget, benefiting from 8.2% GDP growth, cuts the fiscal deficit, boosts infrastructure, and adjusts import duties. It raises long-term capital gains tax, abolishes angel tax, and includes corporate tax cuts, employment incentives, state funding, income tax standard deduction, tourism projects, buyback tax, flood protection, and highlights needed educational improvements.

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