From Rs 7 lakh to Rs 12 lakh, it is indeed a giant leap for middle class taxpayers who do not want to avail themselves of ...
Tax breaks for income tax payers along with cuts in capital and welfare expenditure are unlikely to raise the living ...
India's budget lays a roadmap for economic growth with measures like personal income tax recalibration to boost consumer ...
RBI’s interest rate decision, quarterly earnings and global cues would be the major driving factors for equity markets this week, analysts said adding that the impact of the Union Budget could linger ...
The Union Budget 2025-26 introduces far-reaching tax reforms to simplify compliance, encourage economic growth, and ensure fiscal stability. The government remains committed to reducing tax burdens on ...
While experts indicate the tax initiative may also boost used-car sales, companies like passenger vehicle (PV) market leader ...
India announced a series of budget measures, including major investments in agriculture, manufacturing, infrastructure, and ...
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 ...
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.
While the proposal to raise the threshold of nil income tax to ₹12 lakh for individuals has received attention, there are other positive announcements in the budget for the economy’s growth. Image: ...
Among the most significant announcements was the introduction of a new income tax regime that exempts individuals earning up to Rs1.2 million from tax ...