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 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 ...

While most citizens in general are hurt by higher interest rates and their correspondingly higher product and service prices due to inflation, there is one demographic that seizes opportunity in those ...

INDIA TODAY’s first Union Budget coverage. Budget 1976 made for a refreshing departure from old ways of thinking and pushed ...

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

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 ...

This is Union Finance Minister Nirmala Sitharaman's record 8th consecutive budget presentation, coming in the backdrop of ...

The Budget, while in exercise in nominal numbers, is expected to help all of us live and aspire for a better real life. It is expected to help solve current pro ...

In the amended income tax returns form to be submitted there should be allowance for showing and taking deduction for agriculture income (an example). So, India Income Tax authorities should be ...

With Budget 2025 around the corner, the public is keenly on the lookout for what changes the financial blueprint will bring in the Indian economy. Finance Minister Nirmala Sitharaman is scheduled to ...

The mutual fund industry is hoping for the government to introduce key reforms in the upcoming budget scheduled on February 1, including the reinstatement of indexation benefits on debt mutual ...