There will be zero income tax up to an annual income of ₹12 Lakh under the new tax regime, FM Sitharaman has announced.
FM Nirmala Sitharaman said that the new structure will substantially reduce taxes of middle class and leave more money in their hands.
Since Modi’s re-election in the preceding year, Finance Minister Nirmala Sitharaman has been confronted with the formidable task of addressing myriad challenges, including deceleration of economic ...
The Economic Survey 2025 highlights potential risks for the Indian stock market due to elevated valuations in the US market, ...
Paraphrasing Abraham Lincoln, Union Finance Minister Nirmala Sitharaman on Sunday described the Union Budget as "by the people, for the people, of th ...
The treasury and opposition benches sparred on Monday in the Lok Sabha over the Union Budget with the opposition members saying it offered a mere “sugar rush” in tax relief without any long-term ...
Indian Rupee falls to 87 against USD amid global market turmoil, government focuses on managing volatility, not exchange rate ...
India remains concerned about the threat to global growth and trade from the proposed tariff hikes by the US administration, ...
Rahul Bhuskute, CIO at Bharti AXA Life Insurance, anticipates limited fiscal space for income tax relief in Budget 2025. He ...