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

The Apollo C.E.O. Marc Rowan has championed a model that doesn’t fit within party lines.

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

The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...

In a big relief for the middle class, Union Finance Minister Nirmala Sitharaman said those earning an annual income of up to ...

Finance Minister Nirmala Sitharaman has brought big cheer for middle class taxpayers - it’s a bonanza like never b ...

FM Sitharaman donned a Madhubani silk saree as she presented her eighth budget, highlighting Bihar projects. The opposition ...

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.

Ans. The Finance Bill 2025 proposes to extend the benefit of taxation under the Tonnage tax scheme to the inland vessels registered under the Inland Vessels Act, 2021. Therefore, henceforth companies ...

Sitharaman said this new structure will significantly reduce taxes for the middle class, putting more money in their hands, boosting household consumption, savings, and investment.

In terms of GST-specific amendments, Budget 2025 also focused on pre-deposit amounts for GST appeals, reducing penalties for E-way bill violations and introducing a 10% penalty for other infractions.

In case you are a non-resident individual or even a resident HUF, AOP or BOI you are not entitled to rebate under Section 87A ...