The Income Tax Department keeps a close watch on the income coming under the purview of income tax and the details of the ...

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 is set to introduce a new Income Tax Bill aimed at simplifying the six-decade-old tax ...

CBI has registered a case against One Deputy Commissioner (IRS) (IT) & two Inspectors of Income Tax Department, five Chartered Accountants and one private person and unknown others on the allegations ...

The proposed new income tax law follows from the earlier Budget announcement for 2024-25. In July 2024, Sitharaman had ...

The Union Cabinet on Friday approved the Income Tax Bill, a move aimed at simplifying taxation for the common man.

The Indian government on Saturday announced the biggest tax relief in at least a decade to boost consumer demand to revive ...

“The focus of the budget is taking everyone together on an inclusive path,” Sitharaman said, adding that the government is aiming for a fiscal deficit of 4.4% of India’s gross domestic ...

Almost all finance ministers of India ... a boost to tax collections. Personal income tax, corporate tax, and GST collections account for one-third each of the total central government receipts.

Takeaways From India's Budget That Slashes Income Tax on the Salaried Middle Class to Spur Growth NEW DELHI (AP) — Indian Prime Minister Narendra Modi’s government presented an annual budget ...

Budget 2025: Borrowings and Liabilities contribute the most to the budget’s revenue, making up 24% of the total. This is a slight drop from 27% last year. Income Tax ranks second, accounting for 22% ...

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 ...