Finance Minister Nirmala Sitharaman announced zero tax for individuals earning up to Rs 12 lakh in Budget 2025, with marginal ...

In a historic announcement, the finance minister announced that there will be no income tax payable for those with an income ...

as their post-tax income often falls short of keeping up with inflation in India. Added to these woes are the indirect tax levies, which are based on consumption. The combined impact of the two ...

India's Union Budget 2025-26 introduces several revisions to taxation policies, besides provisions for focus industries and ...

India’s finance minister gave middle class consumers 1 trillion rupees ($11.5 billion) in tax relief in her budget Saturday, ...

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

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

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 ...

“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 ...

Despite past efforts to rationalise India’s income tax regime, several anomalies persist. The Union budget for 2025-26 is an opportunity for finance minister Nirmala Sitharaman to fix these.

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 ...

Takeaways From India's Budget That Slashes Income Tax on the Salaried Middle Class to Spur Growth NEW DELHI (AP) — Indian Prime Minister Narendra Modi’s government presented an annual budget ...