Critics say government’s efforts to simplify system and cut red tape are going in reverse; ‘popcorn is popcorn’ ...
Finance Minister Nirmala Sitharaman will introduce a new Income Tax Bill next week, modelled on the Direct Tax Code. The aim is to simplify tax compliance for taxpayers and make the Income Tax Act ...
The new tax regime is the default tax regime. The highest tax rate of 30% is applicable from net taxable income above Rs 15 lakh. However, the new tax regime offers limited deductions to the taxpayer.
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 ...
Experts said that investors can now claim “Nil valuation” for two self-occupied properties, instead of just one - a positive ...
Budget 2025 is expected to provide a much-needed boost to overall consumption, which could indirectly benefit the thriving real-estate sector ...
Almost all finance ministers of India have faced ... actually paying income taxes. It's true that the number of tax returns filed by individuals has more than doubled, from 3.35 crore in 2013-14 ...
Taxation and income tax were the biggest topics of discussion after the previous Union Budget on July 23, 2025. The larger ...
India is home to more than 1,600 GCCs, employing more than 1.5 million people. In 2024, 28 percent of all office space leased ...
A seemingly routine ruling by India’s top tax officials went off like metal in a microwave. The government laid out a three-tiered system ... India has a per capita income of around $2,500 ...