India, Income Tax

Anupam Mittal on Budget 2025: 'India is Now Income-Tax-Free for Most'; No Income Tax Up to ₹12.75 Lakh
The Union Budget 2025 brought a groundbreaking announcement—income up to Rs 12.75 lakh will now be tax-free under the new tax regime. This major tax relief has sparked widespread reactions, with Shaadi.
Union Budget 2025 expectations LIVE: Income Tax expectations to allocations for sectors - what India wants from FM
Several industries and taxpayers are eagerly waiting for the second full-fledged budget of the Narendra Modi-led NDA government, which would be presented by Finance Minister Nirmala Sitharaman on February 1,
INDIA BUDGET-India's Tax Cut Plans Will Boost Consumption, Top Execs Say
This comes after the government said that people earning up to 1.28 million rupees ($14,800) per year will not have to pay any taxes, raising its threshold from 700,000 rupees. It also cut tax rates for people earning above the new threshold.
Takeaways From India's Budget That Slashes Income Tax on the Salaried Middle Class to Spur Growth
Indian Prime Minister Narendra Modi’s government has presented an annual budget that focuses on wooing the salaried middle class with tax cuts and spurring economic growth by boosting agriculture and
India’s 2025-26 Budget focuses on job creation; new income tax bill next week
Dubai: India is hoping to rev up higher growth and job creation with a budget that focuses on offering easier – and more - access to funds for small and mid-sized businesses as well as startups. These will ‘generate employment for youth’ as MSMEs get better access to credit,
India cuts income tax in a bid to boost consumption
India cut personal income tax rates for some individuals in a bid to boost consumption across Asia's third-largest economy, which is projected to grow at its slowest pace in four years. Currently, under the new system introduced in 2020,
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Budget 2025: Tonnage Tax Benefits Extended to Inland Vessels in India
The Finance Bill 2025 proposes extending the tonnage tax scheme to inland vessels, registered under the Inland Vessels Act, 2021, in an effort to boost India’s inland water transportation industry.
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USISPF welcomes India's Union Budget 2025-26, applauds landmark reforms and forward-looking initiatives
India Strategic Partnership Forum (USISPF) on Sunday commended the Finance Minister Nirmala Sitharaman, and the Government of ...
'Stock market isn’t excited because...': Finance expert after Budget 2025 tax relief
Akshat Shrivastava remains cautiously optimistic, pointing out that increased private consumption demand could eventually ...
Indian shares muted as budget tax relief offsets capex concerns
Indian shares inched lower in a special session for the union budget on Saturday, as markets took a breather after a ...
Budget 2025 Reactions: From economists, political leaders, corporates to market analysts, how India is viewing FM's announcements
Following the Budget announcement, reactions have been mixed. Some are praising it, while others are criticising it. Here's how industry experts, political leaders, and market analysts are reacting to ...
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Indian budget unveils major tax relief, tightens rules for NRIs
Among the most significant announcements was the introduction of a new income tax regime that exempts individuals earning up to Rs1.2 million from tax ...
India offers middle-class tax relief to support growth; targets narrower budget gap
India plans to cut personal income tax rates to boost middle-class spending power, Finance Minister Nirmala Sitharaman said ...
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India's leading economists analyse Budget 2025
The Budget 2025 has sparked a robust debate among economists and financial experts. While its emphasis on boosting consumption and simplifying tax structures has been widely appreciated, concerns ...
How Budget 2025 plans to peg India as the 'next big holiday destination' for Indians and foreigners
The Union Budget 2025 emphasizes boosting India's travel and tourism sector through infrastructure development, simplified ...