From John Mathai To Nirmala Sitharaman, Here Is A Look Back At History Of Income Tax In India
Taxation and income tax were the biggest topics of discussion after the previous Union Budget on July 23, 2025. The larger ...
India Today on MSN1d
Amid Budget relief, a look at when Indira Gandhi taxed income at 97.5%
It was under then Prime Minister and Congress leader Indira Gandhi that India saw the highest tax rate of 97.5% in 1973-74.
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India’s New Income Tax Bill: What We Know So Far & What It Means for You
Finance Minister Nirmala Sitharaman, in her Union Budget 2025 speech, unveiled a transformative tax reform—India will ...
INDIA BUDGET India cuts income tax in a bid to boost consumption
India cut personal income tax rates for some individuals in a bid to boost consumption across Asia's third-largest economy, ...
Union Budget: Longest and shortest Finance Minister speeches in Indian history
Finance Minister Nirmala Sitharaman's Union Budget speech in 2020 was by far the longest, lasting two hours and 40 minutes.
Who Gains, Who Loses as India Doles Out $12 Billion in Tax Sops
India cut taxes for the country’s middle class, putting about $12 billion more in their pockets as the Narendra Modi-led ...
No tax for up to Rs 12.75 lakh income for salaried under new tax regime as Section 87A tax rebate hiked in Budget 2025
Tax Rebate under Section 87A is given to reduce your taxable income to nil. It is a better option to give tax relief through ...
Takeaways from India's budget that slashes income tax on the salaried middle class to spur growth
Indian Prime Minister Narendra Modi’s government has presented an annual budget that focuses on wooing the salaried middle class with tax cuts and spurring economic growth by boosting agriculture and ...
The Independent3d
Modi government slashes income tax for middle classes in India budget
At such a critical moment in US history, we need reporters on the ground ... She raised the starting point for income tax to $14,800 from $8,074 and said the government will introduce a new ...
The Free Press Journal4d
From John Mathai To Nirmala Sitharaman, Here Is A Look Back At History Of Income Tax In India
This allows us the time, to go back in time and gauge the history of income tax slabs in India. The first ever tax slab came into being during the tenure of former finance minister John Mathai.