Delhi Assembly election 2025 is set to take place tomorrow, Feb 5. As per the ECI, voters can cast their ballots without a ...

In terms of GST-specific amendments, Budget 2025 also focused on pre-deposit amounts for GST appeals, reducing penalties for E-way bill violations and introducing a 10% penalty for other infractions.

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

Banks in India have found that many foreign nationals, including US citizens, have opened accounts using incorrect tax ...

Finance Minister Nirmala Sitharaman announced that taxpayers with salaries up to Rs 12 lakh would not be required to pay tax in the new tax regime.

At a single stroke, 70 million taxpayers have been wholly unburdened by the budget and the middle class has seen a ...

In a post on X, Mittal explained that 90% of tax filers in India have an income below Rs 13 lakh per annum, leading to his conclusion that only a small fraction of the population would contribute ...

“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 ...