The Union Budget 2025 brought a groundbreaking announcement—income up to Rs 12.75 lakh will now be tax-free under the new 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 ...
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.
Shrivastava was responding to Shaadi.com founder Anupam Mittal, who highlighted that with this revision, almost 90% of tax ...
Several industries and taxpayers are eagerly waiting for the second full-fledged budget of the Narendra Modi-led NDA ...
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 ...
This comes after the government said that people earning up to 1.28 million rupees ($14,800) per year will not have to pay ...
In addition to the tax relief, the Finance Minister also introduced reforms to simplify the Tax Deduction at Source (TDS) system.
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 ...
India cut personal income tax rates for some individuals in a bid to boost consumption across Asia's third-largest economy, ...
Several industries and taxpayers are eagerly waiting for the second full-fledged budget of the Narendra Modi-led NDA ...
In the Union Budget 2025, Finance Minister Nirmala Sitharaman introduced major tax relief for India’s middle class. Notable ...