The new income tax law, which will replace the six-decade-old Income Tax Act, is expected to be introduced in the Lok Sabha next week, according to Finance Minister Nirmala Sitharaman's statement on ...

Sitharaman had announced an income tax reform, allowing zero income tax for those earning up to ₹12 lakh. The RBI then announced a 25 bps repo rate cut ...

After introduction in the Upper House, the bill, which was approved by the Union Cabinet chaired by PM Modi, will be sent to ...

The Finance Minister had first announced a comprehensive review of the Income-Tax Act, 1961 in the July 2024 Budget.

India’s latest budget under Prime Minister Narendra Modi’s government takes a strategic turn toward boosting consumption at a ...

Finance Minister Nirmala Sitharaman emphasised that while the government is committed to boosting local manufacturing by ...

India flags ‘mistreatment’ of nationals deported from U.S.; Kejriwal served legal notice over bribery allegations, and more ...

A week after the Union Budget was announced, the big question remains: Will it help India step onto the path to Viksit Bharat ...

The law, which is expected to be tabled in Parliament in the Budget session, will go to the Standing Committee on Finance for ...

A discussion on the Budget 2025 will be taken up in the Lok Sabha on Friday. The new Income Tax Bill is expected to be tabled ...

In Kerala's budget presentation, finance minister Balagopal announced 50 per cent hike in basic tax rates in all the existing ...