Anubhav AgarwalBudget 2024Budget BuzzBusiness NewsDharmesh MehtaDr. Aamir Junaid AhmadFinancePNN NewsPress ReleaseZeeshaan Pathan

Budget Buzz: Leading Entrepreneurs Sound Off on India’s Fiscal Roadmap

New Delhi (India), February 17: The annual Union Budget unveils its plans for the Nation’s economy, and naturally, leading entrepreneurs have their keen observations to share. This curated list captures the diverse reactions of prominent business minds, offering valuable insights into how the budget might impact different sectors and the overall entrepreneurial ecosystem. Dharmesh Mehta – Founder & Managing Director of ARTHAM Finserve Pvt Ltd The unveiling of a budget that charts a clear course for the Nation is a welcome sight in an era of uncertainty. The cornerstone of this budget is its commitment to policy continuation, instilling confidence and stability in the corporate sector. The FY25 fiscal deficit has been pegged at 5.1% of GDP, lower than market expectations, with a ...

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Indian Budget 2024 Offers Insights for Crypto Investors: 5 Takeaways

The Indian budget for 2024 has not introduced specific new regulations or tax changes for the cryptocurrency sector directly in its announcements. However, there are significant expectations and discussions within the industry regarding potential changes that could impact the sector: Taxation and Regulation Clarity The industry is eagerly awaiting clearer regulations and a more favorable tax regime. The current high tax rate, including a 30% tax on virtual assets and an additional 1% Tax Deducted at Source (TDS) on all crypto transactions, has been a point of contention. Industry experts have suggested a need for clarity in the definitions of virtual digital assets (VDAs), tokenization, and a call for removing the 1% TDS on overseas crypto assets to unlock the full potential of the ...

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