How Will Budget 2024 Affect Your Finances?

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 [email protected]  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