The Government of India levies tax upon the income of salaried and self-employed citizens of all age groups. Once you figure out which tax slab you fall under as per your tax regime, it becomes easier ...

Finance Minister Nirmala Sitharaman will introduce a new Income Tax Bill next week, modelled on the Direct Tax Code. The aim ...

Almost all finance ministers of India have faced ... actually paying income taxes. It's true that the number of tax returns filed by individuals has more than doubled, from 3.35 crore in 2013-14 ...

A significant portion of the new disposable income will likely be channelled into non-essential goods and services, ...

Over the past decade, India’s ... from the earlier three-slab system. One of the most striking changes over the past decade has been the steady increase in the tax-free income threshold.

This allows us the time, to go back in time and gauge the history of income tax slabs in India. The first ever tax ... Singh further reduced the slabs to 3. This is the lowest it has ever been.

The post pandemic recovery in India was led by affluent households (household income greater than 30 lakh per annum). Most of ...

Budget 2025 is expected to provide a much-needed boost to overall consumption, which could indirectly benefit the thriving ...

Taxation and income tax were the biggest topics of discussion after the previous Union Budget on July 23, 2025. The larger ...