Budget 2025 introduces key personal tax reforms focusing on Viksit Bharat. Amendments include a new income-tax bill, revised ...

Nuvama analyzes the Union Budget 2025-26, emphasising fiscal balance and consumption boost amidst economic slowdown. Read ...

An amendment to the Customs Act in the Finance Bill 2025 streamlines tax refunds and duty payments, allowing businesses to ...

The Budget strikes a fine balance between fiscal discipline and economic growth, while equally focusing on improving the ...

At a single stroke, 70 million taxpayers have been wholly unburdened by the budget and the middle class has seen a ...

Under the new regime, the tax liability for individuals earning Rs 12 lakh or Rs 12.75 lakh (for salaried persons) is Rs ...

It was under then Prime Minister and Congress leader Indira Gandhi that India saw the highest tax rate of 97.5% in 1973-74.

According to the FAQs issued by the government, in the new regime under Section 115BAC(1A), marginal relief is available to ...