Finance Minister Nirmala Sitharaman during her Budget 2025 speech on February 1, 2025 announced the New Income Tax Bill that ...

While senior citizens, landlords and those providing professional/technical services are the biggest beneficiaries of the TDS ...

3. CIT (A) deleted the addition holding that the discount paid by the assessee to CFSA cannot be held to be interest and therefore, provisions of Section 40 (a) (i) of the Act would not apply.

With the US import tariff hike looming large, India has said it is not a tariff king. In a recent interaction with TNIE, ...

When the money comes back to the government, it can gravitate towards only a few sectors or industries...When it goes to the ...

A key highlight of the new policy is that beer, liquor, and wine will now be sold from a single counter, according to sources ...

The revised estimate for 2024-25 proposes a budget of Rs 2099.93 crore, while the budget estimate for 2025-26 allocates Rs ...

If implemented, this initiative could be a game-changer. Industry insiders estimate that Bangladesh could save $1 billion in foreign currency annually by reducing its reliance on imported APIs ...

The Union Budget for FY2026 attempts to strike a balance between supporting economic activity and fiscal consolidation, which ...

Continuing its focus on fiscal consolidation by pegging fiscal deficit at 4.8 percent of GDP in FY25 and intending to bring ...

During the Mughal era, budgets were prepared by gathering information about land and its production to determine taxes, and ...