With the proposed changes, NPTR will now become far more appealing for individuals as it would mean availing beneficial tax ...
Under the new tax regime, the government has also introduced new tax slabs, lowering the tax burden on middle-income earners.
Budget 2025 prioritises non-inflationary growth through careful fiscal management, with the government's entire borrowing of ...
Many taxpayers preferred the old tax regime because it allowed them to claim deductions for expenses like house rent, home ...
Those earning between Rs 12 lakh and Rs 24 lakh (or Rs 24.75 lakh for salaried individuals) will pay 25-31% less tax.
Summary: The Finance Bill 2025 presents significant updates in both direct and indirect taxes aimed at improving business ease, reducing litigation, and widening the tax base. Direct tax proposals ...
Addressing industry leaders at the Open House with FM event in Delhi, Sitharaman outlined three key requests to corporate ...
Even as the major highlight is the big cut in personal income tax, the budget does not lose sight of the need for fiscal ...
There’s a shift in emphasis from building infrastructure to stoking consumption, but this doesn’t solve the country’s basic problems. When, for example, will governments ‘get out of the way’?
The new tax rates announced by finance minister Nirmala Sitharaman in the Union Budget 2025 are expected to bring much relief to the salaried taxpayers. With taxpayers earning up to ₹12 lakh exempted ...
This will be the central bank's first MPC meeting under Sanjay Malhotra who was appointed the RBI governor effective December ...
Post-budget, portfolio adjustments are anticipated, leading to a more balanced distribution across investment-related sectors ...