The FM has retained the effective tax rate of most products to the pre-budget rates by balancing through the AIDCess, notes ...

The government’s Viksit Bharat vision is reflected in the Union Budget with a persistent focus on ‘Make in India’, export ...

India will continue to bring down tariffs and phase out additional levies on imports as domestic manufacturing improves, a ...

Broadly, there are two categories of taxes: direct and indirect. Direct taxes are progressive levies, including income tax, ...

The Union Budget 2025-26 has delivered the largest tax exemption hike in two decades, allowing individuals earning up to Rs ...

Those earning up to 1.2 million rupees (S$18,817) annually will no longer pay income tax. Read more at straitstimes.com.

India has significantly reduced its average customs duty rate to 10.66 per cent from 11.65 per cent and is now moving towards ...

Data shows 88 percent of salaried tax payers earn less than Rs 15 lakh a year and contribute a mere 20 percent of tax ...