India's tax policy has evolved significantly since the 1970s, when Prime Minister Indira Gandhi's government imposed a 97.5% ...

India's Union Budget 2025-26 has introduced personal income tax changes under the new regime to spur middle-class spending & ...

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 ...

Recognizing the contributions of the middle class and with an objective to eventually phase out the old tax regime, various ...

The bill will again go to the Cabinet after the parliamentary committee gives its recommendations on it. After Cabinet ...

In 2014, taxpayers were exempt from tax on income up to Rs 2 lakh. Budget 2025 has significantly expanded this relief to Rs ...

The Union Cabinet approved the new Income Tax Bill on Friday, which is poised to replace the existing Income Tax Act of 1961.

India’s latest budget introduces one of the most significant tax cuts in decades, boosting disposable income & supporting ...

According to experts, investors who have invested in debt mutual funds may benefit from some significant tax-saving changes ...

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

The Government of India levies tax upon the income of salaried and self-employed citizens of all age groups. Once you figure out which tax slab you fall under as per your tax regime, it becomes easier ...

This comes after the government said that people earning up to 1.28 million rupees ($14,800) per year will not have to pay ...