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

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 ...

Finance Minister Nirmala Sitharaman has brought big cheer for middle class taxpayers - it’s a bonanza like never b ...

Nirmala Sitharaman recently revealed a new income tax structure where earnings below ₹12 lakh will incur no tax. The updated ...

The Union Budget for the fiscal year 2025-26 presented by Finance Minister Nirmala Sitharaman has sparked mixed reactions ...

The government is expected to forego revenue worth 1 trillion rupees ($11.5 billion) due to these tax cuts. India is also ...

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 ...

Budget 2025 brings cheer to taxpayers! No income tax up to Rs 12 lakh sparks a meme fest on social media. Netizens rejoice and celebrate the tax relief with hilarious reactions.

Sitharaman said this new structure will significantly reduce taxes for the middle class, putting more money in their hands, boosting household consumption, savings, and investment.

In addition to the tax relief, the Finance Minister also introduced reforms to simplify the Tax Deduction at Source (TDS) system.

Prominent influencers like YouTuber Nalini Unagar and Shaadi.com founder Anupam Mittal have raised concerns over the perceived inequalities in the tax structure.