Changes in the capital gain taxation system are expected, including revisions in holding periods and tax rates.
Retrospective tax notices might be addressed in Budget 2024, relieving businesses from past tax demands.
Section 80C deductions may see changes, offering more flexibility and potentially reducing lock-in periods.
Budget 2024 might introduce increased exemption limits and better healthcare provisions for senior citizens.
Section 24(b) deduction limits for home loan interest might increase, easing the burden on homeowners.
Indian Railways and highways may receive significant funding, enhancing connectivity and creating jobs.