India plans to cut personal income tax rates to boost middle-class spending power and seeks to increase private investment to ...

The Union Budget 2025 brought a groundbreaking announcement—income up to Rs 12.75 lakh will now be tax-free under the new tax ...

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

The Union Budget 2025-26 has delivered the largest tax exemption hike in two decades, allowing individuals earning up to Rs 12 lakh annually to pay zero income tax under the new regime. This move aims ...

According to experts, even if an additional 5% of people opt to buy new vehicles, it may bring a huge boost to sector. This ...

Section 194 of the Income-tax Act mandates that Indian companies must deduct 10% income tax on dividends paid to shareholders who are residents in India, before making any payment. The first proviso ...

Several industries and taxpayers are eagerly waiting for the second full-fledged budget of the Narendra Modi-led NDA ...

The Finance Bill 2025 proposes extending the tonnage tax scheme to inland vessels, registered under the Inland Vessels Act, 2021, in an effort to boost India’s inland water transportation industry.

This comes after the government said that people earning up to 1.28 million rupees ($14,800) per year will not have to pay ...

Indian Prime Minister Narendra Modi’s government has presented an annual budget that focuses on wooing the salaried middle class with tax cuts and spurring economic growth by boosting agriculture and ...

In addition to the tax relief, the Finance Minister also introduced reforms to simplify the Tax Deduction at Source (TDS) system.

The Budget 2025 has sparked a robust debate among economists and financial experts. While its emphasis on boosting consumption and simplifying tax structures has been widely appreciated, concerns ...