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, ...
Mint7d
Income Tax Slabs in Budget 2025: How the 30% tax slab is crimping India’s middle class – Will there be any relief?
as their post-tax income often falls short of keeping up with inflation in India. Added to these woes are the indirect tax levies, which are based on consumption. The combined impact of the two ...
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 ...
Mint7d
India’s taxes nipping at your earnings? It could be worse.
India’s tax rates aren’t necessarily among the highest in the world. Here’s why. India’s seemingly high income tax rates are softer than that of several advanced economies, allowing for a ...
Who Gains, Who Loses as India Doles Out $12 Billion in Tax Sops
India cut taxes for the country’s middle class, putting about $12 billion more in their pockets as the Narendra Modi-led ...
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 ...
Indiatimes2d
Income Tax Slabs Budget 2025 Highlights: How much income tax will middle class taxpayers save? FM Sitharaman's big tax announcements decoded
India is one of the jurisdictions implementing Automatic Exchange of Information. 13:48 (IST) Feb 02 Income Tax Slabs 2025 Live: What was the earlier limit of income for nil tax payment?
Indiatimes1d
New vs old income tax regime after Budget 2025: Post income tax slab changes, which tax regime is better for salaried middle class taxpayers?
Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant income tax relief for the middle class in the Union Budget 2025, eliminating ...
Hindustan Times3d
Income Tax Slabs | Budget 2025: PM Modi says tax rebate will provide big benefit to middle class
Income tax new slabs LIVE: "Today is an important milestone in India's development journey. This is the budget of aspirations of 140 crore Indians. This is a budget that fulfils the dreams of ...
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 ...