Techie's hot take came as a reaction to a post by another X user who criticised high earners downplaying their privilege ...

Nirmala Sitharaman said the income tax changes will cost the government more than 1 trillion rupees in revenue.

The old tax regime, which remains unchanged in the 2025 Budget, allows taxpayers to claim various exemptions such as House Rent Allowance (HRA), deductions under Section 80C (like for life insurance ...

Finance Minister Nirmala Sitharaman on Saturday announced that individuals earning up to Rs 12 lakh annually will not have to ...

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 ...

With a higher tax-free threshold and lower rates, the new tax regime looks more appealing but does the old regime still hold any advantages?

A person having an income of ₹18 lakh will get a benefit of ₹70,000 in tax (30% of tax payable as per existing rates). A person with an income of ₹25 lakh gets a benefit of ₹1.10 lakh (25% of his tax ...

A fintech professional's claim that earning under Rs 60 lakh annually is "poor" sparked viral debate on social media. The ...

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

We believe quality journalism should be available to everyone ... She raised the starting point for income tax to $14,800 from $8,074 and said the government will introduce a new income tax ...

Former Finance Secretary Subhash Garg advocates raising income tax exemption limit to Rs 5 lakh in Budget 2025 to ease taxpayer burden.

“Hence, in most cases, the NRI will not have to pay income tax on the remittance in India as it is already taxed in the foreign country. Further, if the money is being remitted for personal use ...