Major Amendments of Income Tax (Financial year 2024-2025)🔥 Budget 2024

Welcome to Vishal Agnihotri's Educational Channel! In this video, I break down the major amendments in Income Tax for FY 2024-25 that every taxpayer should know:

Standard Deduction Increased: Learn about the significant increase to ₹75,000 in standard deduction.

LTCG (Long-Term Capital Gains) Tax: Understand the revised LTCG under section 112A, now set at 12.5%.

STCG (Short-Term Capital Gains) Tax Discover the updated STCG tax rate under section 111A, now at 20%.

Tax on Foreign Companies: Explore the new tax rate of 35% applicable to foreign companies operating in India.

New Tax Slabs: Get insights into the revised income tax slabs and how they may impact your tax planning.

Family Pension Exemption: Learn about the increased exemption limit of ₹25,000 for family pensions.

Stay informed and empowered about these crucial changes in income tax regulations for the upcoming financial year. Subscribe to Vishal Agnihotri's channel for more detailed explanations and updates on finance, taxation, and personal finance tips! #mutualfunds #sebi #wealthcreation #charteredaccountant #hotspotacademy #esg #investing #mutualfundsahihai #icai