Summary: The Union Budget 2025, presented by Finance Minister Nirmala Sitharaman, focused on reforms in taxation, agriculture, MSMEs, and exports. Direct tax proposals included no tax on incomes up to ...

Summary: A 5-year tax-saving fixed deposit (FD) allows individuals to invest a lump sum for five years and claim tax deductions of up to ₹1.5 lakh under Section 80C of the Income Tax Act. These ...

The government has also raised the TCS exemption limit on Liberalised Remittance Scheme (LRS) transactions from Rs 7 lakh to ...

The Chancellor said she had no plans to release information on her personal finances, but Downing Street confirmed the Prime ...

Rachel Reeves is set to publish a tax return, in a U-turn hours after saying she did not have any plans to do so. A Treasury ...

According to a National Disability Institute report (available here), adults living with disabilities need 28% more income on ...

Here is the breakdown of dividend income for the month, between taxable and retirement (far right column, under “Retirement”) accounts. In addition, “W” means my wife’s account ...

One key to balancing the budget at Oklahoma’s state Capitol is knowing exactly how much money our state has. It looks like our state may have less money to work with this year, according to revenue ...

Get here Key Highlights of the Budget 2025 along with Fiscal Deficit, GDP Growth, and Key Takeaways for UPSC and Competitive Exams, Download PDF.