Budget 2025 has made income up to ₹12 lakh effectively tax-free under the new tax regime. The Finance Minister increased the ...

Live: FM Nirmala Sitharaman announced to introduce New Income tax bill next week, no income tax till 12L under new tax regime ...

The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...

Finance minister Nirmala Sitaraman promised to continue efforts to simplify taxes, improve tax payer services, provide tax ...

Budget 2025 introduces key personal tax reforms focusing on Viksit Bharat. Amendments include a new income-tax bill, revised ...

It was under then Prime Minister and Congress leader Indira Gandhi that India saw the highest tax rate of 97.5% in 1973-74.

This Budget is a lot about transparency as well. The Budget documents continue to make disclosures about the government's off ...

Finance Minister Nirmala Sitharaman presented the Union Budget for the fiscal year 2025-26, introducing significant measures aimed at stimulating economic growth and providing relief to the middle ...

Exempting the middle class from income taxes should boost consumer spending. A push to investments and jobs, however, will need greater ease of doing business.

Vee Technologies CEO Chocko Valliappa says job-providing people-intensive firms deserve preferential taxation rate. | One of ...

The Budget documents make disclosures about the govt’s off-Budget borrowings. It contributes to fiscal transparency and ...