The Modi government's income tax reforms over the past decade have transformed the system with a focus on simplicity, ...

The Union Budget 2025-26, presented by Finance Minister Nirmala Sitharaman, is available for download in PDF format from the ...

Finance Minister Nirmala Sitharaman presented the Union Budget 2025-26, focusing on boosting economic growth and enhancing ...

Finance Minister Nirmala Sitharaman has made history by presenting the Union Budget for 2025-26 on February 1, 2025, in ...

The Union Budget 2025, presented by Finance Minister Nirmala Sitharaman, brought a series of reforms and initiatives aimed at economic growth and social welfare. Increased funding for infrastructure, ...

The importance of local governments and municipal bodies particularly in developing economies is increasingly being recognized with rising aspirations of citizens. The nature of social and economic ...

Learn about the new and old tax regimes, including tax rates and surcharges applicable to various income levels.

However, they are divided on how soon. Budget 2025 income tax expectations: The new income tax regime was introduced as an optional tax regime from FY 2020-21. Budget 2025 income tax expectations ...

For the initial few years there was not much uptake of the new income tax regime amongst the taxpayers. This resulted in another amendment of making the new income tax regime as the ‘default ...

Before proceeding further, let us first understand the tax exemptions which are allowed under the old regime but not in the new tax regime. Although there are a few exemptions that are given under ...

Income Tax: Standard deduction of ₹75,000 from salary is given under the new tax regime In FY 2023, the income tax regime became a default regime for all taxpayers. This means the taxpayers are ...

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