Tax Guru2d
Income Tax Exemptions for Corporates vs Individuals
The total revenue impact of major tax incentives for Individual/HUF taxpayers for last five years is Rs 8,69,907.40 In comparison, the total revenue impact of major tax incentives for corporate ...
Not Narayana Murthy Or Gautam Adani But THIS Businessman’s Company Has Paid The Highest Corporate Income Tax For FY 2023-24
Mukesh Ambani’s Reliance Industries paid Rs 1.86 lakh crore in corporate income tax for FY 2023-24, contributing 4% of ...
Tax Guru2d
Corporate Tax Trends and Revenue Foregone (2019-2025)
Will the Minister of FINANCE be pleased to state: (a) the total corporate tax collection as a percentage of GDP in the last five years, year-wise; (b) the instances of corporate tax reduction / ...
Mukesh Ambani led Reliance’s income tax stuns all! its 4% of countries total annual Budget, amount is Rs…
Reliance Industries record-breaking performance not only shows its contribution in India’s corporate sector but also reflects ...
No income tax till Rs 12 lakh: Here’s how much you’ll pay under the new regime; Check new slabs
In a move that’s set to bring major relief for the middle, she announced that there will be no income tax payable up to Rs 12 lakh under the new regime ...
India with Budget 2025: New Income Tax Law cleared by Cabinet, says Finance Minister
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 ...
'Cut taxes for people, not corporates': Ex-IMF Executive Director says taxes are too high in India
Surjit Bhalla criticised India’s overall tax burden, pointing to the country’s tax-to-GDP ratio of 19%, which far exceeds the ...
Income Tax Slabs Budget 2025 Highlights: How much income tax will middle class taxpayers save? FM Sitharaman's big tax announcements decoded
Finance Minister Nirmala Sitharaman has brought big cheer for middle class taxpayers - it’s a bonanza like never b ...
INDIA BUDGET India cuts income tax in a bid to boost consumption
India cut personal income tax rates for some individuals in a bid to boost consumption across Asia's third-largest economy, ...
From Rs 2 lakh to 12 lakh: Transformation of India’s personal income tax structure under Modi govt since 2014
In 2014, taxpayers were exempt from tax on income up to Rs 2 lakh. Budget 2025 has significantly expanded this relief to Rs ...