The government announced a massive income tax relief in a bid to stimulate consumption in the economy, while also staying true to its fiscal consolidation promises. This, however, has come at the ...

New Delhi: The new tax structure announced in the Union Budget 2025-26 is expected to benefit around 5.65 crore taxpayers who ...

In an interview with PTI, finance minister Nirmala Sitharaman that the budget was “by the people, for the people, of the ...

Finance Minister Nirmala Sitharaman said that the the tax proposal will allow people to have more money in their hands.

India plans to send a manned-submersible, developed by the Chennai-based National Institute of Ocean Technology (NIOT), up to ...

Given the domestic and international headwinds within which FM Nirmala Sitharaman has presented her latest budget, it is a ...

India’s finance minister gave middle class consumers 1 trillion rupees ($11.5 billion) in tax relief in her budget Saturday, seeking to shore up a slowing economy as global risks worsen.   ...

The spending in the 2024-25 fiscal was lower than the budgeted Rs 11.11 lakh crore as four months were lost when the general elections were being held in the country.

Finance Minister Nirmala Sitharaman highlighted India's adherence to fiscal targets despite global challenges. Despite India's prudent fiscal management, Moody's did not upgrade its rating. Sitharaman ...

She added that the thought process behind revising the tax slabs was to simplify the tax process and make compliance easier for the taxpayers.

As per the new tax regime, individuals earning up to Rs 12 lakh in a year will not have to pay any taxes after she raised the exemption threshold from Rs 7 lakh. An additional Rs 75,000 standard ...

In a major relief for the middle class, Finance Minister Nirmala Sitharaman announced that individuals earning up to Rs 12 lakh will no longer have to pay income tax. She also introduced revised tax ...