Indian Prime Minister Narendra Modi’s government presented an annual budget to Parliament on Saturday that focused on wooing ...

India cut personal income tax rates for some individuals in a bid to boost consumption across Asia's third-largest economy, ...

With the new tax slabs, the standard deduction of ₹75,000, over and above the ₹12 lakh limit under the new tax regime, furthers the agenda of driving up savings, investments and consumption.

'Barron's Roundtable' panel takes a closer look at what investors need to know about Chinese AI company. According to the ...

Budget 2025 income tax expectations: Finance Minister Nirmala Sitharaman is urged by EY to raise the basic income tax exemption limit from Rs 3 lakh to Rs 5 lakh and lower tax rates in the ...

Adhil Shetty, CEO of BankBazaar, urges Finance Minister Nirmala Sitharaman to raise the 30% income tax threshold to ₹18 lakh in Union Budget 2025, restructure the tax brackets, and introduce a ...

There is a compelling case for this move: tax relief announced in the budget in July last year offered minimal benefits to low-income groups and, when adjusted for inflation, worsened the ...

The government plans to introduce a new income tax bill in the upcoming Budget session, simplifying the existing law by reducing its length by 60% The government, in the ensuing Budget session of ...

As Budget 2025 approaches ... for taxpayers navigating complex international financial matters. Under the Income Tax Act, 1961, an individual’s tax liability is determined by their tax residency ...

the forthcoming budget should focus on boosting consumption of the top 10-15%, which will have trickle-down effects. How the government can manage the numbers A potential income tax cut won't be a ...

Budget 2024 on July 23 made the National Pension ... The government should consider exempting annuity income from tax to encourage investment into NPS,” says Harshad Chetanwala, financial ...

The government, in the ensuing Budget session of Parliament, is likely to introduce a new income tax bill which seeks to simplify the current I-T law, make it comprehensible and reduce the number ...