Also Read: Old Tax Regime Vs. New Tax Regime Bottom Line During the Union Budget, the government of India announces any amendments to the income tax slabs for the financial year. In the Budget ...

India cut personal income tax rates for some individuals in a bid to boost consumption across Asia's third-largest economy, ...

The Union Cabinet has approved the New Income Tax Bill, which aims to replace the 1961 Act by simplifying direct tax ...

Finance Minister Nirmala Sitharaman, in her Union Budget 2025 speech, unveiled a transformative tax reform—India will ...

Almost all finance ministers of India have faced the challenge of widening the country's tax net. While the debate over how few people pay income tax in India is old, what is less well-known is ...

For senior citizens investing in fixed deposits, the threshold for TDS on interest income exceeding Rs 50,000 was raised to ...

A significant portion of the new disposable income will likely be channelled into non-essential goods and services, ...

India cut taxes for the country’s middle class, putting about $12 billion more in their pockets as the Narendra Modi-led ...

The Budget allocation for railways has gone up marginally to nearly Rs 2.6 lakh crore for 2025-26, marked by a significant ...

“The focus of the budget is taking everyone together on an inclusive path,” Sitharaman said, adding that the government is aiming for a fiscal deficit of 4.4% of India’s gross domestic ...

The increase in the limit for TDS on interest to Rs 1 lakh will ensure greater cash flow in the hands of senior citizens.' ...

The markets are misinterpreting that there will be an overall consumption boost because of tax breaks; the consumption boost ...