The government provides a Rs 75,000 standard deduction in the new tax regime benefiting salaried individuals and pensioner by ...

Finance Minister Nirmala Sitharaman announced a new tax regime exempting taxpayers with salaries below Rs 12 lakh from paying ...

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 ...

The new Income Tax Bill will be made keeping in mind India's changing economy, the digital age and the needs of the taxpayers ...

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

The Budget proposes revised slabs and rates, which Sitharaman said would reduce the tax burden on the middle class, allowing ...

While a majority of the middle class is said to benefit out of the new tax regime, it takes away all the exemptions on ...

Under the proposed Union Budget 2025, a ₹60,000 rebate applies to incomes up to ₹12 lakh, enhancing the attractiveness of the ...

With a rejig of Income Tax slabs, the expectation is that the money saved will flow back into the economy through consumption ...

The budget outlines 10 broad development measures under the four pillars of Viksit Bharat, namely 'Nari Shakti, Yuva Shakti, ...

Finance Minister Nirmala Sitharaman is set to introduce a new Income Tax Bill aimed at simplifying the six-decade-old tax ...