BASIC2BEMISAL | NIFTY I BANKNIFTY | BTST 📶☺️👍
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All ideas, opinions  and/or Forecasts are for the informational purposes only. Any investment made in light on these ideas, opinions and/or forecasts expressed herein are committed at your own risk.
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Good morning all,

Market positive opening expected between +45 to + 55 points
Welcome to our Telegram Channel

You will get latest Stock Market updates on this Channel.
सोचकर,समझकर, निवेश कर और कमाई भी।

More info or Queries:-
Whatsapp me👇👇👇
https://wa.me/+919821639494

👍Join Now Telegram channel:-
👉https://t.me/Basic2Bemisal

👍 To get Educational videos Subscribe YouTube Channel:-
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👉अधिक जानकारी के लिए सम्पर्क करें:-
😊विजय शर्मा
☎️9821639494

Disclaimers:- I am not SEBI registered analyst and all Content posted is for educational purpose only.
Stocks added to F&O ban: Hindustan Copper


Stocks retained in F&O ban:
Aditya Birla Fashion & Retail,
Chambal Fertilisers and Chemicals,
GMR Airports Infrastructure,
GNFC,
India Cements,
Indus Towers,
RBL Bank
*UNION BUDGET 2024 @ One Source*

🔊 FM announces changes in new tax regime -- Standard deduction proposed to increased to Rs 75,000 from Rs 50,000

🔊 In new tax regime, tax rate structure to be revised
0-3L Zero
3-7L 5%
7-10L 10%
10-12L 15%
12-15L 20%
15 & above, 30%
Salaried employee in new tax regime will save up to Rs 17,500 in income tax

🔊 Corporate tax rate on foreign companies reduced to 25%

🔊 STT on F&Os proposed to be increased to 0.02% and 0.01% respectively

🔊 Unlisted bonds, debentures, debt mutual funds, market-linked debentures to be taxed at slab rate

🔊 Govt announces that angel tax to abolished

🔊 Two tax exemption regimes for charities to be merged into one

🔊 The Finance Minister announced that long-term capital gains on all financial and non-financial assets will attract a tax rate of 12.5%. Additionally, the limit of exemption for capital gains will be set at Rs 1.25 lakh per year.

🔊 The NPS Vatsalya programme is made available for parents to invest in on behalf of their children by FM Nirmala Sitharaman. The account may be passed to the child after they reach adulthood.

🔊 The Finance Minister stated that rules and recognition for Foreign Direct Investments (FDIs) will be simplified to facilitate their inflow. This move aims to prioritize and promote the use of the Rupee for overseas investments.

🔊 The Finance Minister announced a proposal to increase the duty on printed circuit board assemblies (PCBA) for specific telecom equipment by 10 to 15%.

🔊 Government to exempt three more medicines for cancer treatment from customs duty

🔊 Customs duty on gold and silver to be reduced to 6%, platinum to 6.4%

🔊 The Finance Minister stated that the Indian mobile industry has matured and proposed to reduce the Basic Customs Duty (BCD) on mobile phones, mobile PCDA (Printed Circuit Design Assembly), and mobile charges to 15%.

🔊 ₹2.66 lakh crore has been allocated for rural development, including rural infrastructure. She also said that three crore additional houses will be constructed under the PM Awas Yojana in rural and urban areas

🔊 GST has significantly reduced tax incidents for the common man and eased compliance for industry, marking a success of vast proportions. To further enhance the benefits of GST, we will strive to rationalize the tax structure.

🔊 The development of small and modular nuclear reactors in the country, FM Sitharaman says, "The govt will partner with the private sector for setting up Bharat small reactors, research and development of Bharat small modular reactors & research and development of newer technologies for nuclear energy..."

🔊 The Finance Minister stated that rules and recognition for Foreign Direct Investments (FDIs) will be simplified to facilitate their inflow. This move aims to prioritize and promote the use of the Rupee for overseas investments.

🔊 The Finance Minister announced that states charging high stamp duty will be encouraged to moderate their rates for all. Additionally, further reductions in duties for properties purchased by women will be considered. These measures will also be incorporated as essential components of urban development schemes.

🔊 The Finance Minister highlighted the focus on energy security, announcing that a policy document on energy transition pathways will be released, emphasizing employment and sustainability. The PM Surya Ghar Muft Bijli Yojana has been launched to install rooftop solar plants, providing free electricity up to 300 units per month to 1 crore households. The initiative has already seen 1.28 crore registrations and 14 lakh applications, which is a remarkable achievement.

🔊 The Finance Minister proposed supporting the development of corridors at Vishnupad Temple and Mahabodhi Temple, following the model of the Kashi Vishwanath Temple. Additionally, the government will back the development of Nalanda in Bihar as a tourist center. Finance Minister Sitharaman also announced that an economic policy framework will be introduced to usher in next-generation reforms aimed at boosting economic growth.