The Government of India levies tax upon the income of salaried and self-employed citizens of all age groups. Once you figure out which tax slab you fall under as per your tax regime, it becomes easier ...

Banks in India have found that many foreign nationals, including US citizens, have opened accounts using incorrect tax ...

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

Tax Rebate under Section 87A is given to reduce your taxable income to nil. It is a better option to give tax relief through ...

In a post on X, Mittal explained that 90% of tax filers in India have an income below Rs 13 lakh per annum, leading to his conclusion that only a small fraction of the population would contribute ...

“The focus of the budget is taking everyone together on an inclusive path,” Sitharaman said, adding that the government is aiming for a fiscal deficit of 4.4% of India’s gross domestic ...

Takeaways From India's Budget That Slashes Income Tax on the Salaried Middle Class to Spur Growth NEW DELHI (AP) — Indian Prime Minister Narendra Modi’s government presented an annual budget ...