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 Indian exporting community on Sunday urged Finance Minister Nirmala Sitharaman to extend the interest equalisation scheme ...

The government had set up a ministerial panel, the Group of Ministers (GoM), to examine GST rate rationalisation.

After Finance Minister Nirmala Sitharaman presented the 2025-26 Union Budget in the Lok Sabha on Saturday, it is prudent to learn about the basics of the annual set of documents outlining an ...

The budget does not offer a realistic road map to resolve the critical problems of unemployment, poor pay packages and ...

India's finance ministry has proposed extending the deadline for updated tax returns from two to four years to encourage ...

Why Govt Took Rs 1 Lakh Crore Revenue Hit For Tax Bonanza A nation’s progress is measured by the quality of its infrastructure, and the Modi government has set new benchmarks in this domain. The ...

Union Budget 2025 introduces tax benefits for homeowners as FM Nirmala Sitharaman proposes nil valuation for two self-occupied houses & raises rent TDS limits.

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: ...

The Indian rupee has been under pressure in the last few months but it continues to be the least volatile currency against the US dollar among its Asian and global peers.

“For a person earning Rs 12,10,000, in the absence of marginal relief, the tax would amount to ₹61,500 (5% of ₹4 lakh + 10% ...