The Union Budget 2025 tightens tax regulations for NRIs, including students and professionals abroad, increasing scrutiny on ...
The Finance Minister has adjusted tax slabs for the middle class in the new tax regime, offering greater savings and tax rebates. Additionally, change ...
Finance Minister Nirmala Sitharaman on Saturday proposed to increase the threshold of tax collected at source (TCS) on ...
The higher disposable income resulting from lower tax incidence should ideally find its way into investing more towards ...
The threshold to collect TCS on remittances under RBI’s liberalised remittance scheme (LRS) is proposed to be raised from ₹7 ...
The increase in threshold from Rs 7 lakh to Rs 10 lakh for collecting TCS is expected to benefit the travel and foreign exchange sectors, providing a boost to outbound tourism, education and the ...
The Budget removes TCS on remittances up to ₹10 lakh for foreign education when funded by loans, while retaining a 5% TCS for ...
Imported life saving drugs, medicines to become cheaper *6 new schemes for farmers, KCC limit raised to Rs 5 lakh *Top 50 tourist destinations to be developed in partnership with States *Thrust on ...
Union Finance Minister Nirmala Sitharaman shows the Budget tablet at Ministry of Finance before heading to the Parliament to ...
Budget 2025-26 brings major tax relief, raising the tax-free income threshold and easing TDS and TCS norms. Key updates also ...
The FM also informed that taxpayers with income up to Rs 12 lakh will not have to pay any tax. However, this rebate is only applicable on basic income, excluding special income such as capital gains.
India's Union Budget 2025-2026 is designed to boost short-term consumption, according to an official of LuLu <a target=_blank href= ...