The Finance Ministry has clarified that this zero tax liability applies only to the new tax regime, which has been the ...

President Trump signed three Executive Orders imposing additional duties on goods from Canada, Mexico, and China, pursuant to the ...

Budget 2025 increases rebate, no tax liability up to ₹12 lakh; answers on rebate, exemptions, deductions in income tax.

Among the most significant announcements was the introduction of a New Income Tax Bill, set to be tabled this week ...

Budget 2025 has hiked the income tax basic exemption limit, introduced new income tax slabs under the new tax regime, no ...

Budget does well on transparency, diluting intrusiveness in taxation, fiscal prudence and laying down a roadmap for more ...

While the Finance Minister laid out a road map for Viksit Bharat, spanning agriculture, manufacturing, MSMES, social welfare, ...

Finance Minister Nirmala Sitharaman presented the Union Budget for the fiscal year 2025-26, introducing significant measures aimed at stimulating economic growth and providing relief to the middle ...

In 2014, taxpayers were exempt from tax on income up to Rs 2 lakh. Budget 2025 has significantly expanded this relief to Rs ...

The income tax reforms introduced in the budget are among the biggest in the last decade — simplified and rationalised to put more money in people's hands without compromising the fiscal deficit.

Lauding the new tax regime, PM Modi said that his government seeks to put more money in the pockets of people, increase ...