After a major budget that saw the FM making some crucial announcements regarding direct taxation in India, the New Income Tax ...
Finance Minister Nirmala Sitharaman during her Budget 2025 speech on February 1, 2025 announced the New Income Tax Bill that ...
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 ...
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 ...
India cut taxes for the country’s middle class, putting about $12 billion more in their pockets as the Narendra Modi-led ...
A significant portion of the new disposable income will likely be channelled into non-essential goods and services, ...
The Budget allocation for railways has gone up marginally to nearly Rs 2.6 lakh crore for 2025-26, marked by a significant ...
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 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 markets are misinterpreting that there will be an overall consumption boost because of tax breaks; the consumption boost ...