The new regime eliminates most exemptions — such as Sections 80C, 80D, HRA, and LTA — but compensates with reduced tax slabs.

Finance Minister Nirmala Sitharaman presented the Union Budget 2020 in the Lok Sabha on Saturday. This is the second time Sitharaman tabled the Budget after ...

CBDT extends ITR filing deadline to Sept 15, detailing penalty waivers under Section 234A and unchanged advance tax penalties ...

A more than 2 percent shortfall in all non-debt receipts taken together should be a big cause of worry, writes .

While the extension offers relief for self-assessment tax, there is no exemption from interest under Sections 234B and 234C.

Even while most focus only on standard deductions, there are several hidden credits and deductions that can significantly ...

In his winding-up speech, Mr Aurangzeb informed the National Assembly that the proposed measures aim to offset the revenue ...

ISLAMABAD: The National Assembly on Thursday passed the Finance Bill, 2025, with a total outlay of Rs17.57 trillion, for ...

PBDC offers diversified BDC exposure, reducing binary credit risk versus single-name picks, and benefits from active ...

The development outlay for FY26 is 13% lower than the original annual development programme (ADP) for FY25, ending on 30 June. Fourteen out of fifteen sectors in the ADP saw cuts in allocations.

The federal budget for FY2025–26 has been set at Rs 17.57 trillion, marking a 7 percent decline from the revised figures of ...

Despite very fast progress, India is still a low-income country. If India is to achieve the status of being the ...