India’s latest budget introduces one of the most significant tax cuts in decades, boosting disposable income & supporting ...

The Union cabinet approved the income tax bill on 7 February to replace the existing law, and it is expected to be tabled in ...

Income tax relief provided for in the Union Budget coupled with RBI repo rate cut put together will boost recovery in ...

India cut personal income tax rates for some individuals in a bid to boost consumption across Asia's third-largest economy, ...

Multifarious Key Taxation Laws and Rules: The Indian taxation system is governed mainly under the Income Tax Act, 1961, with relevant sections being: Section 4: General Taxability. Section 90: ...

In terms of value, 84% of corporate filers contributed almost nothing to the total corporate tax collections of Rs. 7.16 lakh ...

The new bill received approval from the Union Cabinet, chaired by PM Modi, on Friday. After introduction in the Upper House, ...

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

The new income tax law, which will replace the six-decade-old Income Tax Act, is expected to be introduced in the Lok Sabha next week, according to Finance Minister Nirmala Sitharaman's statement on ...

Finance Minister Nirmala Sitharaman has announced that under the new income tax regime, nil tax slab has been raised from ₹7 ...

The need of the hour is to expand the tax base because in a country of 140 crore, 3 crore is already abysmally low and it ...