India’s 2025-26 Budget focuses on job creation

India plans to cut personal income tax rates to boost middle-class spending power and seeks to increase private investment to ...
The Union Budget 2025-26 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 ...
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 ...
Indian shares inched lower in a special session for the union budget on Saturday, as markets took a breather after a ...
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 ...
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 ...
The Finance Minister also announced the extension of the time limit for filing updated returns for any assessment year. The ...
In the Union Budget 2025, Finance Minister Nirmala Sitharaman introduced major tax relief for India’s middle class. Notable ...