How Will Budget 2024 Affect Your Finances?

Let's Talk Money with Monika Halan

02-08-2024 • 14 mins

In this episode, Monika dives into the key highlights and implications of India's Budget 2024. Discover how the new tax slabs and increased standard deductions will affect the middle class, the changes in capital gains taxes, and what they mean for your investments. Monika also explores the government's steps towards job creation, the regulation of the futures and options market, and the broader impact of these measures on everyday life.This week, Monika takes on concerns from the team about the Budget! She answers questions about losing out on real estate indexation, how the Budget impacts small business owners, and things we should keep in mind with the revised capital gains taxes.


Chapters:

(00:31 - 08:09) The Budget Story in 2024

(08:25 - 09:35) Tweaking Investments based on New Capital Gains Taxes

(09:38 - 11:22) New Indexation Laws for Real Estate

(11:24 - 12:47) Budget Impact on Small Owners

(12:50 - 13:30) Is it a Good Time to Buy a Car?

If you have financial questions that you’d like answers for, please email us at mailme@monikahalan.com


Monika’s column on the issue

https://www.hindustantimes.com/opinion/eat-the-rich-but-do-it-in-a-logical-way-101719846246923.html


Monika’s book on basic money management

https://www.monikahalan.com/lets-talk-money-english/


Monika’s book on mutual funds

https://www.monikahalan.com/lets-talk-mutual-funds/

-funds/


Monika’s workbook on recording your financial life

https://www.monikahalan.com/lets-talk-legacy/


Calculators

https://investor.sebi.gov.in/calculators/index.html


You can find Monika on her social media @monikahalan.

Twitter @MonikaHalan

Instagram @MonikaHalan

Facebook @MonikaHalan


This is a Maed In India Production; check us out at www.maedinindia.in


Creative Director: Mae Mariyam Thomas

Project Manager: Shaun Fanthome

Head of Audio: Kartik Kulkarni

Producer: Meghna Gulati

Sound Editor: Lakshman Parsuram

Artwork: Alika Gupta