Introduced in 2022, the updated return facility allows taxpayers to voluntarily correct any mistakes or omissions in their ...

Union Budget 2025 has hit a record Rs 50 lakh crore, but simply allocating funds isn't enough. Fixing implementation ...

Finance Minister Nirmala Sitharaman had in July last year announced a comprehensive review of the Income-tax Act 1961.

The massive jump in the exemption limit - from Rs 7 lakh to Rs 12 lakh - shows the political instincts of this regime are ...

Latest income tax slabs 2025-26 after Budget 2025: FM Nirmala Sitharaman announced nil income tax for individuals earning up ...

It was under then Prime Minister and Congress leader Indira Gandhi that India saw the highest tax rate of 97.5% in 1973-74.

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

The announcement, made by Finance Minister Nirmala Sitharaman in her Budget 2025 speech, marks a significant shift for the ...

Some measures announced in the Budget 2025 such as support for MSMEs and agriculture may help banks improve credit and ...

US stocks ended lower on Friday, with indexes losing ground after the White House said U.S. President Donald Trump will ...

India’s finance minister gave middle-class consumers one trillion rupees or about US$11.5bil in tax relief in her budget last ...

Underlines the pivot to middle class that has been apparent in the Delhi poll campaign, and has a clear eye on Bihar, which ...