Here are four charts which tell us the income tax story in some detail. Going forward this will be an important determinant of India’s fiscal prowess and also a derived reflection of growth in ...

The new income tax bill will carry forward the same spirit of Nyaya (Hindi word for justice) which was carried in Bharatiya ...

In the Union Budget 2025, significant changes in direct taxes have been introduced to streamline fiscal policies. Firstly, a ...

Finance Minister Nirmala Sitharaman has announced important changes for the salaried class in Budget 2025. Under the new tax ...

India cut personal income tax rates for some individuals in a bid to boost consumption across Asia's third-largest economy, ...

Almost all finance ministers of India have faced the challenge of widening the country's tax net. While the debate over how few people pay income tax in India is old, what is less well-known is ...

The current income-tax law is complex for average taxpayers due to its technical jargon and numerous provisos, circulars, and ...

In this live blog, senior editors for Economy and Business at The Indian Express provided updates from the Budget speech with ...

One might have incurred some losses while selling assets, securities or properties in India. Such losses can be carried ...

Indian Prime Minister Narendra Modi’s government has presented an annual budget that focuses on wooing the salaried middle class with tax cuts and spurring economic growth by boosting agriculture and ...

“The focus of the budget is taking everyone together on an inclusive path,” Sitharaman said, adding that the government is aiming for a fiscal deficit of 4.4% of India’s gross domestic ...

Income details: Salary, dividends, interest from savings accounts, fixed deposits and bonds. Tax payments: Details of TDS, ...