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.

As the campaigning for the Delhi Assembly polls enters its last leg, Prime Minister Narendra Modi on Sunday said the Union Budget has brought cheer to every average household even as he called it the ...

The income tax rates for the assessment years (AY) 2025-26 and 2026-27 remain unchanged across categories. Under Section 115BAC, default rates for individuals and Hindu Undivided Families (HUF) ...

Sitharaman emphasised that the revision was designed not just for one income group, but for salaried individuals across various income levels.

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 government's aim in this Budget was to provide support to the middle class, Finance Minister Nirmala Sitharaman told NDTV ...

Plus: First-time filers, tax refund checks, new tax-related scams, IRS job rescissions, federal estate taxes, tax filing deadlines, industry updates, and more.

Since tax season spans several months, it's important to note the major deadlines for filing and paying your taxes. While a ...

India plans to cut personal income tax rates to boost middle-class spending power and seeks to increase private investment to ...