0-3 lakh : Nil
3-7 lakh: 5%
7-10 lakh: 10%
10-12 lakh: 15%
12-15 lakh: 20%
Above 15 lakh: 30%

Standard deductions on salary increased to 75000

STCG Increased from 15% To 20%

LTCG increased from 10% To 12.5% (Exemption increases from 100000 to 125000)

STT on FnO increased to 0.02%

Budget 2024 simple summary -

Fiscal deficit - 4.9% of the GDP

Nine priorities for this year and coming years -

1. Productivity and resilience in Agriculture - 1.52 lakh crore for agri and allied sector
   - 6 crore farmers land will be bought into farmer and land registry

2. Employment and skilling
   - Government announces financial support for loans up to Rs 10 lakh for higher education
   - Employment Linked Incentive, 3 schemes via EPFO** - One month's wage for first-time employees, up to ₹15,000 in 3 instalments - Manufacturing employment benefit to employees and employers in EPFO contribution for 4 years - Employers will be paid ₹3000 for additional employment.
   - 10 lakh for students in domestic institutions

3. Inclusive HRD and social justice
   - Internship scheme in top 500 comoanies, for 1 crore youth in next 5 years. Internship allowance of 5000 per month and one time benefit of 6000 will be provided by govt.

4. Mfg & services
   - 2 lakh crore package for 5 schemes which will impact 4.1 crore youths
   - Mudra loans increased limit of 20 lakhs
   - Credit guarantee scheme for MSME sector

5. Urban development
   - creation of the Urban Infrastructure Development Fund (UIDF) with an outlay of Rs 10,000 crore. UIDF has proven instrumental in giving a fillip to urban infrastructure across various small cities
   - 2.66 lakh crore for rural development
   - 1 crore urban poor housing will be address with 2.2 lakh crore Rs
   - interest rate subsidy

6. Energy security
   - In order to reach the goal of 500GW of RE capacity by 2030, capacity additions in the areas of solar, wind, hydro, nuclear, and other renewable energy sources will continue to be a major focus of the budget.
   - Suryaghar Yojana to install solar roofs to enable free electricity of upto 300 units per month

7. Infra
   - 11.11 lakh crore has been allocated - 3.4% of India's GDP
   - 3 crore more houses under PM awas Yojna
   - 26000 crore for Highways in Bihar
   - New airports, Medical colleges and sports infra in Bihar
   - 15000 crore to AP for capital development
   - PM Gram Sadak Yojna’s Phase 4 will be launched to provide all-weather connectivity to 25,000 rural habitations

8. Innovation, R&D
   - 12 industrial parks will be sanctioned

9. Next generation reforms
   - The government has poposed to set up a vebture capital fund of ₹1000 crore for the space economy.

❌Don't share you card number, expiry, Cvv with anyone on telegram even he is most trusted guy on telegram ❌

International transactions me OTP bhi na lagta ???

? Serious bug in imobile app - working in iPhone?

Anyone can add other customer's ICICI Bank credit cards on their iMobile app.

And he can view complete card details(card number, expiry,cvv) and manage card ? enable domastic/international transactions

The Reserve Bank of India today directed Kotak Mahindra Bank Limited to cease and desist, with immediate effect, from onboarding of new customers through its online and mobile banking channels and issuing fresh credit cards.
The bank shall, however, continue to provide services to its existing customers, including its credit card customers.

Our Favourite Bank is No More

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