In a major relief for the middle class, Finance Minister Nirmala Sitharaman announced that individuals earning up to Rs 12 ...

Finance Minister Nirmala Sitharaman on Saturday announced that individuals earning up to Rs 12 lakh annually will not have to ...

The old tax regime, which remains unchanged in the 2025 Budget, allows taxpayers to claim various exemptions such as House Rent Allowance (HRA), deductions under Section 80C (like for life insurance ...

Techie's hot take came as a reaction to a post by another X user who criticised high earners downplaying their privilege ...

Almost all finance ministers of India have faced the challenge of widening the country's tax net. While the debate over how few people pay income tax in India is old, what is less well-known is ...

I f you live in India, it is necessary to pay tax. Whether you earn tax from business or job, if you have a tax liability, then you have to pay it. Paying taxes not only increases the national ...

With a higher tax-free threshold and lower rates, the new tax regime looks more appealing but does the old regime still hold any advantages?

A person having an income of ₹18 lakh will get a benefit of ₹70,000 in tax (30% of tax payable as per existing rates). A person with an income of ₹25 lakh gets a benefit of ₹1.10 lakh (25% of his tax ...

India cut taxes for the country’s middle class, putting about $12 billion more in their pockets as the Narendra Modi-led ...

Every taxpayers should determine their residential status ... To ascertain whether you, as an NRI, are liable to pay taxes in India, the initial step involves determining your residential status ...

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 ...

Bill Gates has come up with an amazing idea. Robots that steal human jobs should pay taxes, Microsoft co-founder and philanthropist Bill Gates has said. "Certainly there will be taxes that relate ...