The new Income Tax Bill, which is often referred to as the Direct Tax Code, is aimed at overhauling the existing tax structure, making it more streamlined and transparent.
Cutting tax rates can promote growth, and conversely raising taxes can hinder it—the intellectual heritage of this line of thought stretches back to an 18th century economist. But this theory ...
These rates apply to your taxable income. Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and ...
The new bill received approval from the Union Cabinet, chaired by PM Modi, on Friday. After introduction in the Upper House, ...
The income tax department has launched a simple tool to help taxpayers compare taxes under the New Tax Regime for FY 2024-25 ...
The Reserve Bank of India (RBI) made a significant move in its February 2025 monetary policy committee (MPC) meeting by ...
Your home and personal loan EMIs are set to come down with the RBI governor Sanjay Malhotra announcing a 25 ba ...
A head of India’s budget on February 1st, Narendra Modi asked Lakshmi, the Hindu goddess of wealth, to bless the poor and the ...
The Budget Round Table 2025 featured discussions on India's economy, with Finance Minister Nirmala Sitharaman stating that ...
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 ...
Migration to the new tax regime to gain further pace; new IT Act to ease tax filing and compliance, they say at India ...
India’s digital economy is set to contribute 20% to national income by 2030, driven by rapid growth in digital platforms and industries. 20 Jan 25 Cabinet approves refarming of 687 MHz of spectrum, ...