This entails creating one million direct jobs and boosting government revenue through taxes. We urged for collaborative efforts to tackle barriers and create an environment conducive to growth and ...

The Union Cabinet is expected to approve the new Income Tax Bill today, potentially leading to its introduction in the Lok ...

A new Income Tax Bill (Bill 2025) is set to be introduced in Parliament next week. The bill is designed to be clear and concise, reducing the length of the existing law by nearly half. Its simplified ...

The flat tax rate contributed to an additional increase in GDP per capita, had a positive impact on broadening the middle ...

Too few citizens are expected to contribute too much to the tax coffers. Yet, the political courage needed to even out a ...

Discover how income tax changes from Rs 0 on Rs 12 lakh earnings to Rs 61,500 on Rs 12.1 lakh, with a breakdown of tax rates and amounts.

It is advocated by the Government that 75% of the assessees have moved to the New Tax Regime, which is not out of love and ...

The repo rate cut, combined with the benefits from the revised tax slabs announced in the Union Budget 2025 for the new tax ...

The bill will not introduce new taxes. Instead, it will focus on simplifying tax laws, reducing legal complexities, and ...

Workers putting in extra hours will be rewarded under Trump’s proposal, which seeks to exempt overtime pay from taxation, ...

The highlight of Finance Minister Nirmala Sitharaman’s budget presentation was giving Income tax relief for the middle class.