In a significant policy shift, the Reserve Bank of India (RBI) cut the repo rate by 25 basis points to 6.25 per cent on ...

Finance Minister Nirmala Sitharaman stated that the tax relief introduced in Budget 2025 reflects Prime Minister Narendra ...

Finance Minister Nirmala Sitharaman dismissed speculation that the government increased the tax relief to Rs 12 lakh due to ...

Budget 2025 expectations live updates: Will Finance Minister Nirmala Sitharaman present a Budget that will boost consumption, bring GDP growth back on track and also provide income tax relief to ...

The government should announce an “effective” personal income tax cut in the FY26 Union Budget to stimulate consumption and demand, according to a report by Barclays on Thursday. In its ...

Budget 2025: Finance Minister Nirmala Sitharaman, in the Union Budget 2024, had proposed to revamp the Income Tax Act, 1961, to make it concise and easier to understand. It is expected that in the ...

BENGALURU: Following reports suggesting a possible revision of Goods and Services Tax (GST ... has written to Union Finance Minister Nirmala Sitharaman, urging her to drop the proposal.

These preparers don’t identify themselves on the tax return, which is a red flag that taxpayers may be misled into a scam or scheme. The Internal Revenue Service recommends you talk to a trusted ...

The Union Budget for the financial year 2025–26 will be presented on February 1, 2025, by Finance Minister Nirmala Sitharaman at 11 ... the Goods and Services Tax (GST) on agricultural inputs ...

South_agency / GETTY IMAGES The Internal Revenue Service Criminal Investigation unit uncovered more than $9.1 billion in tax fraud and financial crime cases in 2024, according to its Fiscal Year ...

Finance Minister Nirmala Sitharaman in her July Budget had announced a comprehensive review of the six-decade old Income Tax Act, 1961, within six months. "The new Income Tax law will be ...

Image Source : PTI/FILE PHOTO Union Minister for Finance and Corporate Affairs Nirmala Sitharaman chairs the eighth pre-Budget consultation with the stakeholders and representatives from the trade ...