At the 11th convocation at IISER Bhopal, Finance Minister Nirmala Sitharaman said India's severe challenges prevent tax reduction. She said her goal is to generate revenue without burdening people.
Ex-CFO of Infosys, Mohandas Pai, urged PM Modi on X to cancel the raised long-term capital gains tax, announced by Finance Minister Nirmala Sitharaman in the 2024 Budget.
Union Finance Minister Nirmala Sitharaman presented her seventh Budget, proposing to abolish the 30% Angel Tax to support startups. This move aims to boost innovation and entrepreneurship by removing the tax burden on external investments.