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| Name | Budget 2024: Employer NPS Contribution Limit Increased To 14% From 10% |
| Video Uploader | Video From Business Today |
| Upload Date | This Video Uploaded At 23-07-2024 08:07:54 |
| Video Discription | #modinomics #budgetwithbt #unionbudget2024 #budget24 #nirmalasitharaman #nps Budget 2024 Update | In her seventh Budget speech, Finance Minister Nirmala Sitharaman announced significant tax changes for the 2024-25 fiscal year. The government will withdraw the 2% equalisation levy, providing relief to businesses. The standard deduction for salaried employees will be increased from ₹50,000 to ₹75,000 under the new income tax regime in FY25. Furthermore, the deduction limit for employers’ contributions to the National Pension System (NPS) will be raised from 10% to 14%, offering enhanced benefits for employees. These measures aim to simplify the tax structure and provide greater financial relief to taxpayers. ----------------------- Thank You for watching! Do not forget to Like | Comment | Share ----------------------- About the channel Watch us for the best news and views on business, stock markets, crypto currencies, consumer technology, the world of real estate, bullion, automobiles, start-ups and unicorns and personal finance. Business Today TV will also bring you all you need to know about mutual funds, insurance, loans and pension plans among others. Follow us at: Website: https://www.businesstoday.in WhatsApp: whatsapp.com/channel/0029Va4Hd309hXFCqY62yD2I Facebook: https://www.facebook.com/BusinessToday twitter: https://twitter.com/business_today Instagram: https://www.instagram.com/business_today/ |
| Category | News & Politics |
| Tags | Business Today | Business News | Latest business news | NPS Contribution Limit Increased | Modinomics | Easynomics | Modi government | Budget With BT | Budget 2024-25 | Modi Budget 2024 | PM Narendra Modi | Nirmala Sitharaman | Finance Minister of India | Finance Minister Speech | FM on Budge 2024-25 | Amrit Kaal Budget | Viksit Bharat Budget | Union Budget 2024 | Economic Survey 2023-24 | Budget Session 2024 | budget news | budget updates | budget latest news | budget 2024 expectations |
