From Indira Gandhi's 97.5% tax rate to Budget 2025: A shift in tax policy
India's tax policy has evolved significantly since the 1970s, when Prime Minister Indira Gandhi's government imposed a 97.5% ...
From John Mathai To Nirmala Sitharaman, Here Is A Look Back At History Of Income Tax In India
Mathai was a pioneer as he tried to reduce the taxes in a young independent India in 1949-50. Taxes on incomes up to Rs ...
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 ...
Explainer: How India's tax rate tweaks will boost middle class spending
The Indian government on Saturday announced the biggest tax relief in at least a decade to boost consumer demand to revive ...
ABP Live on MSN12d
Meet 27 Finance Ministers Of India Since Independence: A Look Back At The Union Budget From 1947 To 2025
In November 1947, the nation's first post-independence budget was presented. Learn about the finance ministers of India and ...
What Is The New Income Tax Bill 2025? Explained
Finance Minister Nirmala Sitharaman during her Budget 2025 speech on February 1, 2025 announced the New Income Tax Bill that ...
Budget updates: Diya Kumari terms Union Budget as 'game changer,' Gehlot criticises lack of relief
The Union Budget 2025-26 garnered varied reactions from leaders in Rajasthan, with Deputy Chief Minister Diya Kumari calling ...
Indiatimes9d
Income Tax slabs 2025-26: How you can pay ZERO tax with Rs 13.7 lakh salary under new income tax regime
This advantage of no tax till Rs 13.7 lakh income stems from the Rs 75,000 standard deduction and National Pension System (NPS) investments. Section 80CCD(2) allows tax deduction of up to 14% of ...
'Make them wealthier, not gareeb-er': Anupam Mittal on big shift in budget 2025 for middle class
The Union Budget 2025 has introduced significant tax relief for salaried professionals, exempting income up to ₹12.75 lakh under the new tax regime. Praised by Shaadi.com founder Anupam Mittal, this ...
ABP News on MSN12d
Meet THIS Scottish Entrepreneur Who Presented India's First Union Budget Following Sepoy Mutiny In 1857
As India gets ready for the Union Budget 2025–26, which Finance Minister Nirmala Sitharaman is scheduled to announce on ...
Business Today12d
Will the 30% tax slab be removed for taxpayers in India in Budget 2025? What changes can New Tax Regime see
Budget expectations: Finance Minister Nirmala Sitharaman is slated to unveil the Union Budget 2025 on February 1, with a strong emphasis on the potential overhaul of the current tax system.