Indian stock market dips today, but history shows positive trend in 6 out of 9 post-Budget sessions
Although the Indian markets ended today’s trading session in the red, with Nifty 50 and Sensex losing 0.50% of their value, ...
INDIA BUDGET India cuts income tax in a bid to boost consumption
India cut personal income tax rates for some individuals in a bid to boost consumption across Asia's third-largest economy, ...
India Today on MSN1d
Amid Budget relief, a look at when Indira Gandhi taxed income at 97.5%
It was under then Prime Minister and Congress leader Indira Gandhi that India saw the highest tax rate of 97.5% in 1973-74.
From John Mathai To Nirmala Sitharaman, Here Is A Look Back At History Of Income Tax In India
Mathai was a pioneer as he tried to reduce the taxes in a young independent India in 1949-50. Taxes on incomes up to Rs ...
Hosted on MSN4d
Meet 27 Finance Ministers Of India Since Independence: A Look Back At The Union Budget From 1947 To 2025
On February 1, 2025, Finance Minister Nirmala Sitharaman is scheduled to deliver her eighth consecutive Union Budget. Under ...
NDTV7d
Opinion | Why Over Half Of All Income Tax Filings In India Are Zero-Tax
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 ...
Takeaways from India's budget that slashes income tax on the salaried middle class to spur growth
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 ...
Budget 2025 Expectations Highlights: Income tax relief, record capex for highways, Indian Railways coming? All eyes on FM Sitharaman's speech
Finance Minister Nirmala Sitharaman is all set to present her record eighth Union Budget on February 1, 2025. The Nare ...
India TV4d
Budget 2025: When was Income Tax introduced in the Union Budget? Know here
But have you ever wondered when Income Tax was first introduced in India’s Union Budget? Let's know about this fact here. India's first-ever budget was presented on April 7, 1860, by Scottish ...
Union Budget 2025: Why you can't get benefit of tax rebate on capital gains, lotteries
Budget 2025 clarifies that the tax rebate will no longer apply to income from capital gains or other sources taxed at special ...
Old vs new tax regime: How Budget 2025 alters your tax choices
Recognising the significant contributions of the middle class, the Government of India has consistently reduced their tax ...
The Free Press Journal4d
From John Mathai To Nirmala Sitharaman, Here Is A Look Back At History Of Income Tax In India
This allows us the time, to go back in time and gauge the history of income tax slabs in India. The first ever tax slab came into being during the tenure of former finance minister John Mathai.