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

US-India Business Council praises focus on nuclear energy & critical minerals but stresses need for clear private-sector ...

India announced a series of budget measures, including major investments in agriculture, manufacturing, infrastructure, and ...

The Finance Minister has adjusted tax slabs for the middle class in the new tax regime, offering greater savings and tax ...

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 ...

Despite a foreign money exodus, fund managers at Davos remain optimistic about India’s growth potential. They cite strong ...

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: ...

Issuance of offshore derivative instruments (ODIs), popularly known as participatory notes (P-Notes), from the Gift City is ...

Akshat Shrivastava remains cautiously optimistic, pointing out that increased private consumption demand could eventually ...

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 ...