The expected increase in disposable incomes will provide a significant boost to retail spending by India's large and young ...

Finance Minister Nirmala Sitharaman announced new tax slabs in the new tax regime 2025, so there will be no income tax for those drawing ₹12 lakh and less ...

The forthcoming income tax Bill could be a revolutionary step to open a new chapter in India's fiscal narrative. It is poised ...

India is one of the jurisdictions implementing ... Rs 4.1 under the existing new scheme. Beyond the income level of Rs 24 lakh, the tax rates remained unchanged at 30%, so the benefit will remain ...

The finance minister will introduce a new income tax bill next week, signalling major tax reforms. The budget includes ...

Indian Prime Minister Narendra Modi’s government presented an annual budget to Parliament on Saturday focused on spurring ...

A significant 84% of respondents to a KPMG in India survey highlighted the need to reduce tax litigation, which remains a ...

the tax return filing obligation arises based on Income level and not on actual tax liability payable. Even where the tax liability is NIL on account of rebate or various deductions, the taxpayer ...

Overall, the Budget is not only pragmatic but also optimises outcomes on both the revenue and expenditure fronts. It is ...

Swaminathan Aiyar highlights the Budget's support for the middle class and Bihar, but criticizes the high tax exemption limit ...