Wealthplus Insurance Consultancy

26/11/2024

*LIC SIP PLAN*

26/11/2024

*LIC RETIREMENT PLAN*

31/07/2024

31/07/2024

With pride, we celebrate Manu Bhaker, the first Indian woman to win a Bronze Olympic medal in shooting. She aimed high and secured a billion smiles, proving that dreams can become reality. Ensuring every dream has the support it needs to soar.

31/07/2024

Highlights of Budget 2024-25

The theme of the Budget is Employment, Skilling, MSME, and the Middle Class.

* Provision of ₹1.52 lakh crore for agriculture and allied sectors

* ₹2 lakh crore for five schemes

* ₹15,000 crore financial support for the new Andhra Pradesh capital

* First-time employees will get one month's wage in three installments as registered in EPFO

* Up to ₹10 lakh support to students for domestic institution studies

* ₹26,000 crore for highways in Bihar

* ₹2.66 lakh crore for rural development and infrastructure

* Three crore more houses under PM Awas Yojana

* For MSME and labor-intensive manufacturing, a credit guarantee scheme, collateral-free loan, and Mudra loan limit enhanced from ₹10 lakh to ₹20 lakh

* 12 industrial parks sanctioned

* ₹11.11 lakh crore for capital expenditure around 3.4% of GDP*

* ₹11,500 crores for the flood mitigation scheme for Bihar

* PM Urban Housing 2.0 provision of ₹10 lakh crs for the next 5 years

* ₹1 lakh crore for Research and Innovations

* Fiscal Deficit projected at 4.9% of GDP

* Receipts seen at 32.07 lac crs

* Expenditures seen at 48.21 lac crs

* Gross market Borrowing target at 14.01 lac crs

* Reduce Custom Duty on Gold and Silver to 6%

* Reduce custom duties on mobile , Charger and PCBA

* Long Term Capital Gain increases from 10% to 12.5%

* Short Term Capital Gain increases from 15% to 20%

* Angel Tax abolished

* New Tax Regime

* Standard Deduction for salaried increases from 50000 to 75000 rupees
* 0 to 3 lac - Nil Tax
* 3 to 7 lac - 5%
* 7 to 10 lac - 10%
* 10 to 12 lac - 15%
* 12 to 15 lac - 20%
* 15 lac & above -30%

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18/06/2024

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18/06/2024

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