Got a promotion? WHY income tax brackets in 2024 are ‘creeping’

The 2024 budget speech from Finance Minister, Enoch Godongwana, has had an adverse impact on income tax brackets in 2024. Essentially, employees who get a promotion or salary increase risk being pushed into higher income tax brackets in 2024. TRENDING: Academics say March 2024 SASSA old-age pensions inadequate As outlined by Business Tech, an additional … Read more

Increase in child support and foster care grants

Finance Minister Enoch Gondongwana delivered the 2024 Budget Speech on Wednesday, 21 February, announcing increases in permanent social grants, with the aim of staying abreast of inflationary pressures and ensuring greater accessibility. Affirming the government’s commitment to achieving social and economic justice, the budget also focuses on tackling inequality and deprivation, aiming to bolster the … Read more

Govt to Set up More Medical Colleges Utilising Existing Hospital Infrastructure: FM Sitharaman

Home Education Govt to Set up More Medical Colleges Utilising Existing Hospital Infrastructure: FM Sitharaman Interim Budget 2024-25: During the presentation of the final budget of the Modi 2.0 government, Finance Minister Nirmala Sitharaman announced the government’s plans to establish additional medical col FM Sitharaman said the empowerment of women through entrepreneurship, ease of living … Read more