To the relief of middle-class tax payers, Finance Minister Nirmal Sitharaman announced a new tax slab during the Union Budget ...

Draft Bill likely to provide directions to widen tax net, given the contraction in tax base following the new exemption ...

Under the new regime, the tax liability for individuals earning Rs 12 lakh or Rs 12.75 lakh (for salaried persons) is Rs ...

All in all, the Budget reforms for taxpayers were meant to reduce the burden and give the opportunity to hold more money in ...

CBDT Chairman Ravi Agrawal the motivation behind the rejig of the tax slabs was to provide substantial relief to the middle ...