Finance Minister Nirmala Sitharaman explained that the new 12.5% long-term capital gains tax would cost less without indexation. She highlighted middle-class benefits, including increased standard deductions and subsidies on student loans and housing. She denied political favoritism in budget allocations and affirmed the government’s commitment to anti-corruption measures. Sitharaman urged people to consult the CBDT’s clarifications.
Warren Buffett’s 7 golden rules for young investors trying to manage finances
Warren Buffett shares seven essential financial lessons for young investors, emphasising frugal living, eliminating high-interest debt, long-term investing, understanding businesses, maintaining cash reserves and portfolio